MA vs. VWO
MA (Mastercard Incorporated) is a stock, while VWO (Vanguard FTSE Emerging Markets ETF) is Emerging Markets Equities fund tracking the FTSE Emerging Index. Over the past 10 years, MA returned 20.01%/yr vs 7.65%/yr for VWO. At a 0.48 correlation, their price movements are largely independent.
Performance
MA vs. VWO - Performance Comparison
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Returns By Period
In the year-to-date period, MA achieves a -3.64% return, which is significantly lower than VWO's 7.88% return. Over the past 10 years, MA has outperformed VWO with an annualized return of 20.01%, while VWO has yielded a comparatively lower 7.65% annualized return.
MA
- 1D
- 0.71%
- 1M
- 11.96%
- 6M
- 1.82%
- YTD
- -3.64%
- 1Y
- -0.33%
- 3Y*
- 11.92%
- 5Y*
- 8.21%
- 10Y*
- 20.01%
- ALL TIME*
- 28.24%
VWO
- 1D
- 0.16%
- 1M
- -4.67%
- 6M
- 3.57%
- YTD
- 7.88%
- 1Y
- 17.74%
- 3Y*
- 15.34%
- 5Y*
- 5.14%
- 10Y*
- 7.65%
- ALL TIME*
- 6.75%
MA vs. VWO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MA Mastercard Incorporated | -3.64% | 9.04% | 24.17% | 23.40% | -2.66% | 1.16% | 20.19% | 59.16% | 25.31% | 47.69% |
VWO Vanguard FTSE Emerging Markets ETF | 7.88% | 25.60% | 10.59% | 9.25% | -17.98% | 1.26% | 15.17% | 20.75% | -14.76% | 31.49% |
Correlation
The correlation between MA and VWO is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since May 25, 2006 | 0.48 |
Over the past year, the correlation between MA and VWO has dropped to 0.03 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.
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Return for Risk
MA vs. VWO — Risk / Return Rank
MA
VWO
MA vs. VWO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mastercard Incorporated (MA) and Vanguard FTSE Emerging Markets ETF (VWO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MA | VWO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.19 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 1.60 | -1.61 |
| Martin ratioReturn relative to average drawdown | -0.03 | 5.36 | -5.39 |
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Drawdowns
MA vs. VWO - Drawdown Comparison
The maximum MA drawdown since its inception was -62.67%, smaller than the maximum VWO drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for MA and VWO.
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Drawdown Indicators
| MA | VWO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.67% | -67.68% | +5.01% |
Max Drawdown (1Y)Largest decline over 1 year | -20.91% | -11.17% | -9.74% |
Max Drawdown (3Y)Largest decline over 3 years | -20.91% | -17.37% | -3.54% |
Max Drawdown (5Y)Largest decline over 5 years | -28.25% | -30.88% | +2.63% |
Max Drawdown (10Y)Largest decline over 10 years | -41.00% | -36.39% | -4.61% |
Current DrawdownCurrent decline from peak | -8.03% | -5.40% | -2.63% |
Average DrawdownAverage peak-to-trough decline | -9.84% | -15.75% | +5.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.12% | 3.31% | +7.81% |
Volatility
MA vs. VWO - Volatility Comparison
Mastercard Incorporated (MA) has a higher volatility of 6.95% compared to Vanguard FTSE Emerging Markets ETF (VWO) at 5.81%. This indicates that MA's price experiences larger fluctuations and is considered to be riskier than VWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MA | VWO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.95% | 5.81% | +1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 17.75% | 14.93% | +2.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.88% | 17.32% | +4.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.98% | 17.60% | +6.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.91% | 19.14% | +7.77% |
Dividends
MA vs. VWO - Dividend Comparison
MA's dividend yield for the trailing twelve months is around 0.62%, less than VWO's 2.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MA Mastercard Incorporated | 0.62% | 0.53% | 0.50% | 0.53% | 0.56% | 0.49% | 0.45% | 0.44% | 0.53% | 0.58% | 0.74% | 0.66% |
VWO Vanguard FTSE Emerging Markets ETF | 2.39% | 2.79% | 3.20% | 3.52% | 4.11% | 2.63% | 1.91% | 3.23% | 2.88% | 2.30% | 2.52% | 3.26% |
Frequently Asked Questions
MA and VWO have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MA has higher volatility (6.95%) compared to VWO (5.81%). In terms of maximum drawdown, MA dropped -62.67% vs VWO's -67.68%.
VWO currently has the higher Sharpe Ratio (1.03 vs -0.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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