UEVM vs. SPEM
Compare and contrast key facts about VictoryShares USAA MSCI Emerging Markets Value Momentum ETF (UEVM) and SPDR Portfolio Emerging Markets ETF (SPEM).
UEVM and SPEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UEVM is a passively managed fund by Crestview that tracks the performance of the MSCI EM Select Value Momentum Blend. It was launched on Oct 24, 2017. SPEM is a passively managed fund by State Street that tracks the performance of the S&P Emerging Markets BMI. It was launched on Mar 19, 2007. Both UEVM and SPEM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UEVM or SPEM.
Correlation
The correlation between UEVM and SPEM is 0.91, 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
UEVM vs. SPEM - Performance Comparison
Key characteristics
UEVM:
1.01
SPEM:
1.08
UEVM:
1.45
SPEM:
1.58
UEVM:
1.19
SPEM:
1.20
UEVM:
1.71
SPEM:
0.73
UEVM:
4.15
SPEM:
4.44
UEVM:
3.84%
SPEM:
3.63%
UEVM:
15.79%
SPEM:
14.87%
UEVM:
-45.44%
SPEM:
-64.41%
UEVM:
-7.67%
SPEM:
-8.24%
Returns By Period
The year-to-date returns for both stocks are quite close, with UEVM having a 12.71% return and SPEM slightly lower at 12.28%.
UEVM
12.71%
0.70%
2.25%
14.98%
5.68%
N/A
SPEM
12.28%
-0.05%
4.06%
14.48%
3.61%
4.62%
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UEVM vs. SPEM - Expense Ratio Comparison
UEVM has a 0.45% expense ratio, which is higher than SPEM's 0.11% expense ratio.
Risk-Adjusted Performance
UEVM vs. SPEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares USAA MSCI Emerging Markets Value Momentum ETF (UEVM) and SPDR Portfolio Emerging Markets ETF (SPEM). 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
UEVM vs. SPEM - Dividend Comparison
UEVM's dividend yield for the trailing twelve months is around 5.61%, more than SPEM's 1.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UEVM VictoryShares USAA MSCI Emerging Markets Value Momentum ETF | 5.61% | 4.71% | 3.46% | 4.49% | 2.19% | 2.79% | 2.34% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% |
SPEM SPDR Portfolio Emerging Markets ETF | 1.15% | 2.80% | 3.38% | 3.14% | 1.92% | 2.94% | 2.34% | 1.12% | 1.51% | 2.40% | 2.26% | 1.91% |
Drawdowns
UEVM vs. SPEM - Drawdown Comparison
The maximum UEVM drawdown since its inception was -45.44%, smaller than the maximum SPEM drawdown of -64.41%. Use the drawdown chart below to compare losses from any high point for UEVM and SPEM. For additional features, visit the drawdowns tool.
Volatility
UEVM vs. SPEM - Volatility Comparison
VictoryShares USAA MSCI Emerging Markets Value Momentum ETF (UEVM) and SPDR Portfolio Emerging Markets ETF (SPEM) have volatilities of 4.38% and 4.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.