RNEM vs. VBINX
Compare and contrast key facts about First Trust Emerging Markets Equity Select ETF (RNEM) and Vanguard Balanced Index Fund (VBINX).
RNEM is a passively managed fund by First Trust that tracks the performance of the Nasdaq Riskalyze Emerging Markets Equity Select Index. It was launched on Jun 20, 2017. VBINX is managed by Vanguard. It was launched on Nov 9, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RNEM or VBINX.
Key characteristics
| RNEM | VBINX | |
|---|---|---|
| YTD Return | -0.01% | 15.86% |
| 1Y Return | 6.66% | 23.19% |
| 3Y Return (Ann) | 3.95% | 4.21% |
| 5Y Return (Ann) | 3.00% | 8.87% |
| Sharpe Ratio | 0.70 | 3.05 |
| Sortino Ratio | 1.04 | 4.36 |
| Omega Ratio | 1.13 | 1.58 |
| Calmar Ratio | 1.04 | 2.91 |
| Martin Ratio | 3.42 | 19.68 |
| Ulcer Index | 2.53% | 1.29% |
| Daily Std Dev | 12.41% | 8.33% |
| Max Drawdown | -38.38% | -35.97% |
| Current Drawdown | -8.29% | -0.51% |
Correlation
The correlation between RNEM and VBINX is 0.49, 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
RNEM vs. VBINX - Performance Comparison
In the year-to-date period, RNEM achieves a -0.01% return, which is significantly lower than VBINX's 15.86% 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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RNEM vs. VBINX - Expense Ratio Comparison
RNEM has a 0.75% expense ratio, which is higher than VBINX's 0.18% expense ratio.
Risk-Adjusted Performance
RNEM vs. VBINX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Emerging Markets Equity Select ETF (RNEM) and Vanguard Balanced Index Fund (VBINX). 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
RNEM vs. VBINX - Dividend Comparison
RNEM's dividend yield for the trailing twelve months is around 1.53%, less than VBINX's 1.92% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNEM First Trust Emerging Markets Equity Select ETF | 1.53% | 1.63% | 2.99% | 3.20% | 3.01% | 2.85% | 2.85% | 2.28% | 0.00% | 0.00% | 0.00% | 0.00% |
VBINX Vanguard Balanced Index Fund | 1.92% | 1.93% | 1.80% | 1.27% | 1.55% | 2.02% | 2.19% | 1.83% | 1.97% | 1.95% | 1.79% | 1.70% |
Drawdowns
RNEM vs. VBINX - Drawdown Comparison
The maximum RNEM drawdown since its inception was -38.38%, which is greater than VBINX's maximum drawdown of -35.97%. Use the drawdown chart below to compare losses from any high point for RNEM and VBINX. For additional features, visit the drawdowns tool.
Volatility
RNEM vs. VBINX - Volatility Comparison
First Trust Emerging Markets Equity Select ETF (RNEM) has a higher volatility of 3.70% compared to Vanguard Balanced Index Fund (VBINX) at 2.45%. This indicates that RNEM's price experiences larger fluctuations and is considered to be riskier than VBINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.