FVSJ.DE vs. VEMAX

Last updated Jun 5, 2026

FVSJ.DE (Franklin FTSE Asia ex China ex Japan UCITS ETF) and VEMAX (Vanguard Emerging Markets Stock Index Fund Admiral Shares) are both funds - FVSJ.DE is a Asia Pacific Equities fund tracking the FTSE Asia ex Japan ex China, while VEMAX is a Emerging Markets Equities fund managed by Vanguard. Over the past 5 years, FVSJ.DE returned 14.63%/yr vs 6.21%/yr for VEMAX. A 0.72 correlation means they provide meaningful diversification when combined. Both charge a 0.14% expense ratio.

Performance

FVSJ.DE vs. VEMAX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Franklin FTSE Asia ex China ex Japan UCITS ETF (FVSJ.DE) and Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FVSJ.DE is traded in EUR, while VEMAX is traded in USD. To make them comparable, the VEMAX values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, FVSJ.DE achieves a 45.45% return, which is significantly higher than VEMAX's 14.02% return.

FVSJ.DE

• 1D: -1.75%
• 1M: 10.08%
• YTD: 45.45%
• 6M: 49.69%
• 1Y: 73.97%
• 3Y*: 25.93%
• 5Y*: 14.63%
• 10Y*: —

VEMAX

• 1D: -0.94%
• 1M: 3.06%
• YTD: 14.02%
• 6M: 14.42%
• 1Y: 27.94%
• 3Y*: 15.04%
• 5Y*: 6.21%
• 10Y*: 8.68%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FVSJ.DE vs. VEMAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FVSJ.DE Franklin FTSE Asia ex China ex Japan UCITS ETF	45.45%	15.41%	14.01%	8.23%	-7.58%	13.71%	-3.67%	13.83%	-5.82%
VEMAX Vanguard Emerging Markets Stock Index Fund Admiral Shares	14.02%	9.96%	18.69%	5.56%	-12.70%	8.39%	5.74%	23.01%	-5.13%

Correlation

The correlation between FVSJ.DE and VEMAX is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (All Time) Calculated using the full available price history since Oct 1, 2018	0.72

The correlation between FVSJ.DE and VEMAX has been stable across timeframes, ranging from 0.68 to 0.72 - a consistent structural relationship.

Return for Risk

FVSJ.DE vs. VEMAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FVSJ.DE

FVSJ.DE Risk / Return Rank: 93
FVSJ.DE Sharpe Ratio Rank: 94
FVSJ.DE Sortino Ratio Rank: 93
FVSJ.DE Omega Ratio Rank: 93
FVSJ.DE Calmar Ratio Rank: 92
FVSJ.DE Martin Ratio Rank: 92

VEMAX

VEMAX Risk / Return Rank: 52
VEMAX Sharpe Ratio Rank: 53
VEMAX Sortino Ratio Rank: 51
VEMAX Omega Ratio Rank: 51
VEMAX Calmar Ratio Rank: 54
VEMAX Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FVSJ.DE vs. VEMAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Asia ex China ex Japan UCITS ETF (FVSJ.DE) and Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX). 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.

	FVSJ.DE	VEMAX	Difference
Sharpe ratio: Return per unit of total volatility	3.60	2.07	+1.53
Sortino ratio: Return per unit of downside risk	4.52	2.89	+1.63
Omega ratio: Gain probability vs. loss probability	1.64	1.38	+0.25
Calmar ratio: Return relative to maximum drawdown	6.17	3.44	+2.73
Martin ratio: Return relative to average drawdown	23.31	11.58	+11.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FVSJ.DE vs. VEMAX - Sharpe Ratio Comparison

The current FVSJ.DE Sharpe Ratio is 3.60, which is higher than the VEMAX Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of FVSJ.DE and VEMAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FVSJ.DE	VEMAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.60	2.07	+1.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.94	0.43	+0.51
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.25	+0.39

Drawdowns

FVSJ.DE vs. VEMAX - Drawdown Comparison

The maximum FVSJ.DE drawdown since its inception was -26.95%, smaller than the maximum VEMAX drawdown of -60.99%. Use the drawdown chart below to compare losses from any high point for FVSJ.DE and VEMAX.

Drawdown Indicators

	FVSJ.DE	VEMAX	Difference
Max Drawdown Largest peak-to-trough decline	-26.95%	-60.99%	+34.04%
Max Drawdown (1Y) Largest decline over 1 year	-11.93%	-8.34%	-3.59%
Max Drawdown (3Y) Largest decline over 3 years	-21.76%	-16.60%	-5.16%
Max Drawdown (5Y) Largest decline over 5 years	-21.76%	-19.95%	-1.81%
Max Drawdown (10Y) Largest decline over 10 years	—	-30.90%	—
Current Drawdown Current decline from peak	-2.76%	-0.94%	-1.82%
Average Drawdown Average peak-to-trough decline	-5.16%	-12.43%	+7.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.16%	2.47%	+0.69%

Volatility

FVSJ.DE vs. VEMAX - Volatility Comparison

Franklin FTSE Asia ex China ex Japan UCITS ETF (FVSJ.DE) has a higher volatility of 9.05% compared to Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX) at 4.56%. This indicates that FVSJ.DE's price experiences larger fluctuations and is considered to be riskier than VEMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FVSJ.DE	VEMAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.05%	4.56%	+4.49%
Volatility (6M) Calculated over the trailing 6-month period	17.69%	10.78%	+6.91%
Volatility (1Y) Calculated over the trailing 1-year period	20.43%	13.85%	+6.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.44%	14.52%	+0.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.16%	16.19%	+0.97%

FVSJ.DE vs. VEMAX - Expense Ratio Comparison

Both FVSJ.DE and VEMAX have an expense ratio of 0.14%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

FVSJ.DE vs. VEMAX - Dividend Comparison

FVSJ.DE has not paid dividends to shareholders, while VEMAX's dividend yield for the trailing twelve months is around 2.36%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FVSJ.DE Franklin FTSE Asia ex China ex Japan UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VEMAX Vanguard Emerging Markets Stock Index Fund Admiral Shares	2.36%	2.74%	3.13%	3.47%	4.05%	2.57%	1.87%	3.20%	2.85%	2.31%	2.51%	3.25%

Frequently Asked Questions

Can I hold both FVSJ.DE and VEMAX in my portfolio?

FVSJ.DE and VEMAX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.