THDIX vs. VWO
Compare and contrast key facts about Thornburg Developing World Fund (THDIX) and Vanguard FTSE Emerging Markets ETF (VWO).
THDIX is managed by Thornburg. It was launched on Dec 15, 2009. 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: THDIX or VWO.
Key characteristics
| THDIX | VWO | |
|---|---|---|
| YTD Return | 4.91% | 8.84% |
| 1Y Return | 9.11% | 14.38% |
| 3Y Return (Ann) | -7.02% | -1.50% |
| 5Y Return (Ann) | 2.06% | 4.58% |
| 10Y Return (Ann) | 2.25% | 3.00% |
| Sharpe Ratio | 0.66 | 1.03 |
| Daily Std Dev | 13.24% | 13.45% |
| Max Drawdown | -44.31% | -67.68% |
| Current Drawdown | -28.31% | -12.39% |
Correlation
The correlation between THDIX and VWO is 0.77, 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
THDIX vs. VWO - Performance Comparison
In the year-to-date period, THDIX achieves a 4.91% return, which is significantly lower than VWO's 8.84% return. Over the past 10 years, THDIX has underperformed VWO with an annualized return of 2.25%, while VWO has yielded a comparatively higher 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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THDIX vs. VWO - Expense Ratio Comparison
THDIX has a 1.06% expense ratio, which is higher than VWO's 0.08% expense ratio.
Risk-Adjusted Performance
THDIX vs. VWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thornburg Developing World Fund (THDIX) 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
THDIX vs. VWO - Dividend Comparison
THDIX's dividend yield for the trailing twelve months is around 1.96%, less than VWO's 2.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THDIX Thornburg Developing World Fund | 1.96% | 2.05% | 1.77% | 0.00% | 0.15% | 1.77% | 1.31% | 0.74% | 0.55% | 0.69% | 0.72% | 0.04% |
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
THDIX vs. VWO - Drawdown Comparison
The maximum THDIX drawdown since its inception was -44.31%, smaller than the maximum VWO drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for THDIX and VWO. For additional features, visit the drawdowns tool.
Volatility
THDIX vs. VWO - Volatility Comparison
The current volatility for Thornburg Developing World Fund (THDIX) is 2.77%, while Vanguard FTSE Emerging Markets ETF (VWO) has a volatility of 3.53%. This indicates that THDIX experiences smaller price fluctuations and is considered to be less risky than VWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.