REEIX vs. VWO
Compare and contrast key facts about RBC Emerging Markets Equity Fund (REEIX) and Vanguard FTSE Emerging Markets ETF (VWO).
REEIX is managed by RBC Global Asset Management.. It was launched on Dec 19, 2013. VWO is a passively managed fund by Vanguard that tracks the performance of the FTSE Emerging Index. It was launched on Mar 4, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: REEIX or VWO.
Key characteristics
| REEIX | VWO | |
|---|---|---|
| YTD Return | 8.71% | 8.84% |
| 1Y Return | 14.88% | 14.38% |
| 3Y Return (Ann) | 1.00% | -1.50% |
| 5Y Return (Ann) | 4.69% | 4.58% |
| 10Y Return (Ann) | 4.59% | 3.00% |
| Sharpe Ratio | 1.08 | 1.03 |
| Daily Std Dev | 13.37% | 13.45% |
| Max Drawdown | -35.90% | -67.68% |
| Current Drawdown | -10.03% | -12.39% |
Correlation
The correlation between REEIX and VWO is 0.88, 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
REEIX vs. VWO - Performance Comparison
The year-to-date returns for both investments are quite close, with REEIX having a 8.71% return and VWO slightly higher at 8.84%. Over the past 10 years, REEIX has outperformed VWO with an annualized return of 4.59%, while VWO has yielded a comparatively lower 3.00% 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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REEIX vs. VWO - Expense Ratio Comparison
REEIX has a 0.88% expense ratio, which is higher than VWO's 0.08% expense ratio.
Risk-Adjusted Performance
REEIX vs. VWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RBC Emerging Markets Equity Fund (REEIX) 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.
Dividends
REEIX vs. VWO - Dividend Comparison
REEIX's dividend yield for the trailing twelve months is around 1.47%, less than VWO's 2.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REEIX RBC Emerging Markets Equity Fund | 1.47% | 1.59% | 1.35% | 2.81% | 1.00% | 3.11% | 8.35% | 0.90% | 1.18% | 2.51% | 3.17% | 0.00% |
VWO Vanguard FTSE Emerging Markets ETF | 2.41% | 3.52% | 4.11% | 2.63% | 1.91% | 3.23% | 2.88% | 2.30% | 2.52% | 3.26% | 2.86% | 2.73% |
Drawdowns
REEIX vs. VWO - Drawdown Comparison
The maximum REEIX drawdown since its inception was -35.90%, smaller than the maximum VWO drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for REEIX and VWO. For additional features, visit the drawdowns tool.
Volatility
REEIX vs. VWO - Volatility Comparison
RBC Emerging Markets Equity Fund (REEIX) has a higher volatility of 3.83% compared to Vanguard FTSE Emerging Markets ETF (VWO) at 3.53%. This indicates that REEIX'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.