MWMIX vs. GBFAX
Compare and contrast key facts about VanEck Morningstar Wide Moat Fund (MWMIX) and VanEck Emerging Markets Fund (GBFAX).
MWMIX is managed by VanEck. It was launched on Nov 6, 2017. GBFAX is managed by VanEck. It was launched on Dec 19, 1993.
Performance
MWMIX vs. GBFAX - Performance Comparison
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MWMIX vs. GBFAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MWMIX VanEck Morningstar Wide Moat Fund | -6.93% | 13.17% | 10.30% | 25.20% | -13.46% | 24.12% | 14.15% | 34.85% | -1.49% | -0.52% |
GBFAX VanEck Emerging Markets Fund | 1.64% | 30.27% | -0.31% | 10.60% | -25.21% | -12.13% | 16.43% | 29.53% | -23.30% | 1.93% |
Returns By Period
In the year-to-date period, MWMIX achieves a -6.93% return, which is significantly lower than GBFAX's 1.64% return.
MWMIX
- 1D
- -0.30%
- 1M
- -8.47%
- YTD
- -6.93%
- 6M
- -2.88%
- 1Y
- 10.57%
- 3Y*
- 8.56%
- 5Y*
- 6.76%
- 10Y*
- —
GBFAX
- 1D
- 1.99%
- 1M
- -2.58%
- YTD
- 1.64%
- 6M
- 4.14%
- 1Y
- 28.42%
- 3Y*
- 12.71%
- 5Y*
- -1.27%
- 10Y*
- 5.35%
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MWMIX vs. GBFAX - Expense Ratio Comparison
MWMIX has a 0.59% expense ratio, which is lower than GBFAX's 1.53% expense ratio.
Return for Risk
MWMIX vs. GBFAX — Risk / Return Rank
MWMIX
GBFAX
MWMIX vs. GBFAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Wide Moat Fund (MWMIX) and VanEck Emerging Markets Fund (GBFAX). 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.
| MWMIX | GBFAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.58 | 1.51 | -0.93 |
Sortino ratioReturn per unit of downside risk | 0.97 | 1.98 | -1.02 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.30 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 0.83 | 2.04 | -1.22 |
Martin ratioReturn relative to average drawdown | 3.10 | 8.13 | -5.03 |
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
| MWMIX | GBFAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | 1.51 | -0.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | -0.07 | +0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.30 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.33 | +0.20 |
Correlation
The correlation between MWMIX and GBFAX is 0.60, 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.
Dividends
MWMIX vs. GBFAX - Dividend Comparison
MWMIX's dividend yield for the trailing twelve months is around 13.39%, more than GBFAX's 0.63% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MWMIX VanEck Morningstar Wide Moat Fund | 13.39% | 12.47% | 10.34% | 0.77% | 11.44% | 13.44% | 8.22% | 10.84% | 9.48% | 0.26% | 0.00% | 0.00% |
GBFAX VanEck Emerging Markets Fund | 0.63% | 0.64% | 0.92% | 1.17% | 3.85% | 8.09% | 0.15% | 1.56% | 0.03% | 0.10% | 0.13% | 0.01% |
Drawdowns
MWMIX vs. GBFAX - Drawdown Comparison
The maximum MWMIX drawdown since its inception was -33.03%, smaller than the maximum GBFAX drawdown of -75.51%. Use the drawdown chart below to compare losses from any high point for MWMIX and GBFAX.
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Drawdown Indicators
| MWMIX | GBFAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.03% | -75.51% | +42.48% |
Max Drawdown (1Y)Largest decline over 1 year | -12.42% | -14.62% | +2.20% |
Max Drawdown (5Y)Largest decline over 5 years | -23.90% | -46.04% | +22.14% |
Max Drawdown (10Y)Largest decline over 10 years | — | -50.34% | — |
Current DrawdownCurrent decline from peak | -10.45% | -16.05% | +5.60% |
Average DrawdownAverage peak-to-trough decline | -4.75% | -19.90% | +15.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.55% | 3.67% | -0.12% |
Volatility
MWMIX vs. GBFAX - Volatility Comparison
The current volatility for VanEck Morningstar Wide Moat Fund (MWMIX) is 4.78%, while VanEck Emerging Markets Fund (GBFAX) has a volatility of 9.33%. This indicates that MWMIX experiences smaller price fluctuations and is considered to be less risky than GBFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MWMIX | GBFAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.78% | 9.33% | -4.55% |
Volatility (6M)Calculated over the trailing 6-month period | 10.08% | 15.31% | -5.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.74% | 19.64% | +0.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.55% | 17.99% | +0.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.59% | 18.11% | +2.48% |