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VBG.NEO vs. REMX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

VBG.NEO vs. REMX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged) (VBG.NEO) and VanEck Rare Earth and Strategic Metals ETF (REMX). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

VBG.NEO is traded in CAD, while REMX is traded in USD. To make them comparable, the REMX values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, VBG.NEO achieves a -0.27% return, which is significantly lower than REMX's 21.73% return. Over the past 10 years, VBG.NEO has underperformed REMX with an annualized return of 0.33%, while REMX has yielded a comparatively higher 9.71% annualized return.


VBG.NEO

1D
0.09%
1M
0.02%
YTD
-0.27%
6M
-0.75%
1Y
-0.38%
3Y*
1.83%
5Y*
-1.35%
10Y*
0.33%

REMX

1D
-8.48%
1M
-16.94%
YTD
21.73%
6M
26.14%
1Y
134.99%
3Y*
4.24%
5Y*
5.33%
10Y*
9.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VBG.NEO vs. REMX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VBG.NEO
Vanguard Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged)
-0.27%0.14%1.68%6.85%-13.38%-3.03%3.87%6.33%1.34%1.78%
REMX
VanEck Rare Earth and Strategic Metals ETF
21.73%84.10%-29.43%-20.96%-26.22%78.18%62.04%-4.22%-45.36%70.98%

Correlation

The correlation between VBG.NEO and REMX is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.02

Correlation (3Y)
Calculated over the trailing 3-year period

0.04

Correlation (5Y)
Calculated over the trailing 5-year period

0.04

Correlation (10Y)
Calculated over the trailing 10-year period

-0.00

Correlation (All Time)
Calculated using the full available price history since Jul 1, 2014

-0.01

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Return for Risk

VBG.NEO vs. REMX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VBG.NEO
VBG.NEO Risk / Return Rank: 77
Overall Rank
VBG.NEO Sharpe Ratio Rank: 77
Sharpe Ratio Rank
VBG.NEO Sortino Ratio Rank: 66
Sortino Ratio Rank
VBG.NEO Omega Ratio Rank: 66
Omega Ratio Rank
VBG.NEO Calmar Ratio Rank: 77
Calmar Ratio Rank
VBG.NEO Martin Ratio Rank: 77
Martin Ratio Rank

REMX
REMX Risk / Return Rank: 7777
Overall Rank
REMX Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
REMX Sortino Ratio Rank: 6767
Sortino Ratio Rank
REMX Omega Ratio Rank: 6464
Omega Ratio Rank
REMX Calmar Ratio Rank: 9191
Calmar Ratio Rank
REMX Martin Ratio Rank: 8282
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VBG.NEO vs. REMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged) (VBG.NEO) and VanEck Rare Earth and Strategic Metals ETF (REMX). 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.


VBG.NEOREMXDifference
Sharpe ratioReturn per unit of total volatility

-3.03

Sortino ratioReturn per unit of downside risk

-3.41

Omega ratioGain probability vs. loss probability

0.97

1.39

-0.42

Calmar ratioReturn relative to maximum drawdown

-0.23

5.88

-6.11

Martin ratioReturn relative to average drawdown

-0.55

16.52

-17.08

VBG.NEO vs. REMX - Sharpe Ratio Comparison

The current VBG.NEO Sharpe Ratio is -0.19, which is lower than the REMX Sharpe Ratio of 2.84. The chart below compares the historical Sharpe Ratios of VBG.NEO and REMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


VBG.NEOREMXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.19

2.84

-3.03

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.26

0.14

-0.40

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.07

0.28

-0.21

Sharpe Ratio (All Time)

Calculated using the full available price history

0.23

-0.04

+0.27

Drawdowns

VBG.NEO vs. REMX - Drawdown Comparison

The maximum VBG.NEO drawdown since its inception was -17.31%, smaller than the maximum REMX drawdown of -85.65%. Use the drawdown chart below to compare losses from any high point for VBG.NEO and REMX.


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Drawdown Indicators


VBG.NEOREMXDifference

Max Drawdown

Largest peak-to-trough decline

-17.31%

-85.65%

+68.34%

Max Drawdown (1Y)

Largest decline over 1 year

-3.17%

-23.10%

+19.93%

Max Drawdown (3Y)

Largest decline over 3 years

-3.17%

-58.77%

+55.60%

Max Drawdown (5Y)

Largest decline over 5 years

-16.66%

-69.54%

+52.88%

Max Drawdown (10Y)

Largest decline over 10 years

-17.31%

-69.54%

+52.23%

Current Drawdown

Current decline from peak

-9.05%

-40.89%

+31.84%

Average Drawdown

Average peak-to-trough decline

-4.86%

-59.02%

+54.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.31%

8.20%

-6.89%

Volatility

VBG.NEO vs. REMX - Volatility Comparison

The current volatility for Vanguard Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged) (VBG.NEO) is 1.84%, while VanEck Rare Earth and Strategic Metals ETF (REMX) has a volatility of 14.13%. This indicates that VBG.NEO experiences smaller price fluctuations and is considered to be less risky than REMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VBG.NEOREMXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.84%

14.13%

-12.29%

Volatility (6M)

Calculated over the trailing 6-month period

3.13%

34.97%

-31.84%

Volatility (1Y)

Calculated over the trailing 1-year period

3.77%

47.91%

-44.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.20%

37.84%

-32.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.62%

34.76%

-30.14%

VBG.NEO vs. REMX - Expense Ratio Comparison

VBG.NEO has a 0.39% expense ratio, which is lower than REMX's 0.59% expense ratio.


Dividends

VBG.NEO vs. REMX - Dividend Comparison

VBG.NEO's dividend yield for the trailing twelve months is around 3.61%, more than REMX's 1.47% yield.


PositionTTM20252024202320222021202020192018201720162015
REMX
VanEck Rare Earth and Strategic Metals ETF
1.47%1.76%2.56%0.00%1.56%5.25%0.81%1.64%12.43%2.89%2.23%4.77%
VBG.NEO
Vanguard Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged)
3.61%3.46%3.25%3.44%1.14%2.91%0.64%2.54%2.34%1.74%1.41%1.26%

Frequently Asked Questions


VBG.NEO and REMX have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, VBG.NEO is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VBG.NEO is cheaper with a 0.39% expense ratio, compared with 0.59% for REMX.

VBG.NEO is categorized as Global Bonds, while REMX is Materials. VBG.NEO tracks Bloomberg Barclays Global Aggregate ex-USD Float Adjusted RIC Capped Index (CAD Hedged), while REMX tracks MarketVector Global Rare Earth/Strategic Metals Index. They also come from different issuers: Vanguard and VanEck. Their fees differ too: 0.39% for VBG.NEO and 0.59% for REMX.

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