FAHY.L vs. VEMT.L
Compare and contrast key facts about Invesco US High Yield Fallen Angels UCITS ETF Dist (FAHY.L) and Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing (VEMT.L).
FAHY.L and VEMT.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FAHY.L is a passively managed fund by Invesco that tracks the performance of the Bloomberg US Corporate High Yield TR USD. It was launched on Sep 1, 2016. VEMT.L is a passively managed fund by Vanguard that tracks the performance of the JPM EMBI Global Diversified TR USD. It was launched on Dec 6, 2016. Both FAHY.L and VEMT.L 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: FAHY.L or VEMT.L.
Key characteristics
| FAHY.L | VEMT.L | |
|---|---|---|
| YTD Return | 6.07% | 1.13% |
| 1Y Return | 9.53% | 5.51% |
| 3Y Return (Ann) | 1.99% | 0.50% |
| 5Y Return (Ann) | 4.02% | 1.15% |
| Sharpe Ratio | 1.53 | 0.75 |
| Sortino Ratio | 2.50 | 1.15 |
| Omega Ratio | 1.28 | 1.13 |
| Calmar Ratio | 1.20 | 0.77 |
| Martin Ratio | 7.44 | 2.96 |
| Ulcer Index | 1.24% | 1.61% |
| Daily Std Dev | 5.98% | 6.42% |
| Max Drawdown | -23.91% | -13.64% |
| Current Drawdown | 0.00% | -1.37% |
Correlation
The correlation between FAHY.L and VEMT.L is 0.69, 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
FAHY.L vs. VEMT.L - Performance Comparison
In the year-to-date period, FAHY.L achieves a 6.07% return, which is significantly higher than VEMT.L's 1.13% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FAHY.L vs. VEMT.L - Expense Ratio Comparison
FAHY.L has a 0.45% expense ratio, which is higher than VEMT.L's 0.25% expense ratio.
Risk-Adjusted Performance
FAHY.L vs. VEMT.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US High Yield Fallen Angels UCITS ETF Dist (FAHY.L) and Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing (VEMT.L). 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
FAHY.L vs. VEMT.L - Dividend Comparison
FAHY.L's dividend yield for the trailing twelve months is around 6.92%, more than VEMT.L's 1.88% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
FAHY.L Invesco US High Yield Fallen Angels UCITS ETF Dist | 6.92% | 6.85% | 5.66% | 4.54% | 6.26% | 6.22% | 6.01% | 5.63% | 1.23% |
VEMT.L Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing | 1.88% | 6.94% | 6.03% | 5.26% | 5.72% | 5.69% | 5.90% | 6.21% | 0.00% |
Drawdowns
FAHY.L vs. VEMT.L - Drawdown Comparison
The maximum FAHY.L drawdown since its inception was -23.91%, which is greater than VEMT.L's maximum drawdown of -13.64%. Use the drawdown chart below to compare losses from any high point for FAHY.L and VEMT.L. For additional features, visit the drawdowns tool.
Volatility
FAHY.L vs. VEMT.L - Volatility Comparison
The current volatility for Invesco US High Yield Fallen Angels UCITS ETF Dist (FAHY.L) is 1.46%, while Vanguard USD Emerging Markets Government Bond UCITS ETF Distributing (VEMT.L) has a volatility of 2.23%. This indicates that FAHY.L experiences smaller price fluctuations and is considered to be less risky than VEMT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.