EMFM vs. VOO
Compare and contrast key facts about Global X MSCI Next Emerging & Frontier ETF (EMFM) and Vanguard S&P 500 ETF (VOO).
EMFM and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMFM is a passively managed fund by Global X that tracks the performance of the MSCI Select Emerging and Frontier Markets Access. It was launched on Nov 7, 2013. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both EMFM and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMFM or VOO.
Key characteristics
| EMFM | VOO | |
|---|---|---|
| YTD Return | -1.79% | 6.62% |
| 1Y Return | 1.36% | 25.71% |
| 3Y Return (Ann) | 0.00% | 8.15% |
| 5Y Return (Ann) | 0.29% | 13.32% |
| 10Y Return (Ann) | -0.95% | 12.46% |
| Sharpe Ratio | 0.14 | 2.13 |
| Daily Std Dev | 9.44% | 11.67% |
| Max Drawdown | -46.62% | -33.99% |
| Current Drawdown | -16.27% | -3.56% |
Correlation
The correlation between EMFM and VOO is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EMFM vs. VOO - Performance Comparison
In the year-to-date period, EMFM achieves a -1.79% return, which is significantly lower than VOO's 6.62% return. Over the past 10 years, EMFM has underperformed VOO with an annualized return of -0.95%, while VOO has yielded a comparatively higher 12.46% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EMFM vs. VOO - Expense Ratio Comparison
EMFM has a 0.70% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
EMFM vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI Next Emerging & Frontier ETF (EMFM) and Vanguard S&P 500 ETF (VOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
EMFM vs. VOO - Dividend Comparison
EMFM's dividend yield for the trailing twelve months is around 3.01%, more than VOO's 1.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMFM Global X MSCI Next Emerging & Frontier ETF | 3.01% | 2.95% | 2.55% | 2.17% | 2.61% | 2.85% | 3.29% | 1.72% | 2.61% | 2.69% | 1.70% | 0.19% |
VOO Vanguard S&P 500 ETF | 1.38% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
EMFM vs. VOO - Drawdown Comparison
The maximum EMFM drawdown since its inception was -46.62%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for EMFM and VOO. For additional features, visit the drawdowns tool.
Volatility
EMFM vs. VOO - Volatility Comparison
The current volatility for Global X MSCI Next Emerging & Frontier ETF (EMFM) is 0.66%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.04%. This indicates that EMFM experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.