VWO vs. ODVIX
Compare and contrast key facts about Vanguard FTSE Emerging Markets ETF (VWO) and Invesco Developing Markets Fund Class R6 (ODVIX).
VWO is a passively managed fund by Vanguard that tracks the performance of the FTSE Emerging Index. It was launched on Mar 4, 2005. ODVIX is managed by Invesco. It was launched on Dec 29, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VWO or ODVIX.
Correlation
The correlation between VWO and ODVIX is 0.68, 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
VWO vs. ODVIX - Performance Comparison
Key characteristics
VWO:
0.50
ODVIX:
-0.03
VWO:
0.83
ODVIX:
0.08
VWO:
1.11
ODVIX:
1.01
VWO:
0.48
ODVIX:
-0.01
VWO:
1.58
ODVIX:
-0.09
VWO:
5.85%
ODVIX:
6.60%
VWO:
18.40%
ODVIX:
17.42%
VWO:
-67.68%
ODVIX:
-48.46%
VWO:
-8.48%
ODVIX:
-31.70%
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with VWO at 2.81% and ODVIX at 2.81%. Over the past 10 years, VWO has outperformed ODVIX with an annualized return of 3.18%, while ODVIX has yielded a comparatively lower 1.49% annualized return.
VWO
2.81%
-0.40%
-0.43%
10.58%
8.60%
3.18%
ODVIX
2.81%
-0.08%
-1.91%
1.31%
1.80%
1.49%
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VWO vs. ODVIX - Expense Ratio Comparison
VWO has a 0.08% expense ratio, which is lower than ODVIX's 0.88% expense ratio.
Risk-Adjusted Performance
VWO vs. ODVIX — Risk-Adjusted Performance Rank
VWO
ODVIX
VWO vs. ODVIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Emerging Markets ETF (VWO) and Invesco Developing Markets Fund Class R6 (ODVIX). 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
VWO vs. ODVIX - Dividend Comparison
VWO's dividend yield for the trailing twelve months is around 3.13%, more than ODVIX's 0.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VWO Vanguard FTSE Emerging Markets ETF | 3.13% | 3.20% | 3.52% | 4.11% | 2.63% | 1.91% | 3.23% | 2.88% | 2.30% | 2.52% | 3.26% | 2.86% |
ODVIX Invesco Developing Markets Fund Class R6 | 0.41% | 0.42% | 0.95% | 1.18% | 5.56% | 0.35% | 2.61% | 0.80% | 0.73% | 0.72% | 0.99% | 2.56% |
Drawdowns
VWO vs. ODVIX - Drawdown Comparison
The maximum VWO drawdown since its inception was -67.68%, which is greater than ODVIX's maximum drawdown of -48.46%. Use the drawdown chart below to compare losses from any high point for VWO and ODVIX. For additional features, visit the drawdowns tool.
Volatility
VWO vs. ODVIX - Volatility Comparison
Vanguard FTSE Emerging Markets ETF (VWO) has a higher volatility of 10.88% compared to Invesco Developing Markets Fund Class R6 (ODVIX) at 9.56%. This indicates that VWO's price experiences larger fluctuations and is considered to be riskier than ODVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.