ESGE vs. VEXC
ESGE (iShares ESG Aware MSCI EM ETF) and VEXC (Vanguard Emerging Markets Ex-China ETF) are both Emerging Markets Equities funds - ESGE tracks the MSCI EM Extended ESG Focus Index while VEXC tracks the FTSE Emerging ex China Index. Both are passively managed. Their correlation of 0.92 suggests significant overlap in exposure. ESGE charges 0.25%/yr vs 0.07%/yr for VEXC.
Performance
ESGE vs. VEXC - Performance Comparison
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Returns By Period
In the year-to-date period, ESGE achieves a 25.45% return, which is significantly higher than VEXC's 20.48% return.
ESGE
- 1D
- -1.11%
- 1M
- 6.07%
- YTD
- 25.45%
- 6M
- 27.75%
- 1Y
- 51.11%
- 3Y*
- 23.69%
- 5Y*
- 6.59%
- 10Y*
- —
VEXC
- 1D
- 0.23%
- 1M
- 3.69%
- YTD
- 20.48%
- 6M
- 23.73%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ESGE vs. VEXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ESGE iShares ESG Aware MSCI EM ETF | 25.45% | 2.18% |
VEXC Vanguard Emerging Markets Ex-China ETF | 20.48% | 4.80% |
Correlation
The correlation between ESGE and VEXC is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 3, 2025 | 0.92 |
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Return for Risk
ESGE vs. VEXC — Risk / Return Rank
ESGE
VEXC
ESGE vs. VEXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware MSCI EM ETF (ESGE) and Vanguard Emerging Markets Ex-China ETF (VEXC). 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.
| ESGE | VEXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.47 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.70 | — | — |
| Martin ratioReturn relative to average drawdown | 14.39 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ESGE | VEXC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.56 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 2.23 | -1.74 |
Drawdowns
ESGE vs. VEXC - Drawdown Comparison
The maximum ESGE drawdown since its inception was -41.07%, which is greater than VEXC's maximum drawdown of -12.42%. Use the drawdown chart below to compare losses from any high point for ESGE and VEXC.
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Drawdown Indicators
| ESGE | VEXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.07% | -12.42% | -28.65% |
Max Drawdown (1Y)Largest decline over 1 year | -13.90% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -16.71% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -39.23% | — | — |
Current DrawdownCurrent decline from peak | -2.33% | -0.97% | -1.36% |
Average DrawdownAverage peak-to-trough decline | -14.46% | -2.22% | -12.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.56% | — | — |
Volatility
ESGE vs. VEXC - Volatility Comparison
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Volatility by Period
| ESGE | VEXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.54% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 17.50% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.14% | 18.84% | +1.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.11% | 18.84% | +0.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.94% | 18.84% | +1.10% |
ESGE vs. VEXC - Expense Ratio Comparison
ESGE has a 0.25% expense ratio, which is higher than VEXC's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ESGE vs. VEXC - Dividend Comparison
ESGE's dividend yield for the trailing twelve months is around 1.99%, more than VEXC's 0.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
ESGE iShares ESG Aware MSCI EM ETF | 1.99% | 2.50% | 2.41% | 2.64% | 2.68% | 2.66% | 1.31% | 2.59% | 2.19% | 1.86% | 0.27% |
VEXC Vanguard Emerging Markets Ex-China ETF | 0.74% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.92, ESGE and VEXC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, VEXC is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VEXC is cheaper with a 0.07% expense ratio, compared with 0.25% for ESGE.
ESGE has the higher dividend yield at 1.99%, compared with 0.74% for VEXC.
ESGE tracks MSCI EM Extended ESG Focus Index, while VEXC tracks FTSE Emerging ex China Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.25% for ESGE and 0.07% for VEXC.
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