GBFAX vs. VT
Compare and contrast key facts about VanEck Emerging Markets Fund (GBFAX) and Vanguard Total World Stock ETF (VT).
GBFAX is managed by VanEck. It was launched on Dec 19, 1993. VT is a passively managed fund by Vanguard that tracks the performance of the FTSE Global All Cap Index. It was launched on Jun 24, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GBFAX or VT.
Key characteristics
| GBFAX | VT | |
|---|---|---|
| YTD Return | 6.72% | 14.40% |
| 1Y Return | 10.21% | 21.84% |
| 3Y Return (Ann) | -7.42% | 5.57% |
| 5Y Return (Ann) | -0.62% | 11.22% |
| 10Y Return (Ann) | 0.97% | 8.88% |
| Sharpe Ratio | 0.73 | 1.87 |
| Daily Std Dev | 14.04% | 12.36% |
| Max Drawdown | -75.51% | -50.27% |
| Current Drawdown | -32.11% | -0.77% |
Correlation
The correlation between GBFAX and VT is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GBFAX vs. VT - Performance Comparison
In the year-to-date period, GBFAX achieves a 6.72% return, which is significantly lower than VT's 14.40% return. Over the past 10 years, GBFAX has underperformed VT with an annualized return of 0.97%, while VT has yielded a comparatively higher 8.88% annualized 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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GBFAX vs. VT - Expense Ratio Comparison
GBFAX has a 1.53% expense ratio, which is higher than VT's 0.07% expense ratio.
Risk-Adjusted Performance
GBFAX vs. VT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Emerging Markets Fund (GBFAX) and Vanguard Total World Stock ETF (VT). 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
GBFAX vs. VT - Dividend Comparison
GBFAX's dividend yield for the trailing twelve months is around 1.10%, less than VT's 1.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GBFAX VanEck Emerging Markets Fund | 1.10% | 1.17% | 3.85% | 8.09% | 0.15% | 1.56% | 0.03% | 0.10% | 0.13% | 0.01% | 0.00% | 0.44% |
VT Vanguard Total World Stock ETF | 1.89% | 2.08% | 2.20% | 1.82% | 1.66% | 2.32% | 2.53% | 2.11% | 2.39% | 2.45% | 2.44% | 2.06% |
Drawdowns
GBFAX vs. VT - Drawdown Comparison
The maximum GBFAX drawdown since its inception was -75.51%, which is greater than VT's maximum drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for GBFAX and VT. For additional features, visit the drawdowns tool.
Volatility
GBFAX vs. VT - Volatility Comparison
VanEck Emerging Markets Fund (GBFAX) has a higher volatility of 4.53% compared to Vanguard Total World Stock ETF (VT) at 4.22%. This indicates that GBFAX's price experiences larger fluctuations and is considered to be riskier than VT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.