VEFA vs. SPDW

Last updated Jun 30, 2026

VEFA (VanEck MSCI EAFE Analyst Sentiment ETF) and SPDW (SPDR Portfolio World ex-US ETF) are both Foreign Large Cap Equities funds. Their correlation of 0.95 suggests significant overlap in exposure.

Performance

VEFA vs. SPDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck MSCI EAFE Analyst Sentiment ETF (VEFA) and SPDR Portfolio World ex-US ETF (SPDW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VEFA

• 1D: 1.06%
• 1M: 0.16%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPDW

• 1D: 0.46%
• 1M: -0.67%
• YTD: 14.41%
• 6M: 13.89%
• 1Y: 28.10%
• 3Y*: 19.02%
• 5Y*: 9.76%
• 10Y*: 10.31%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VEFA vs. SPDW - Yearly Performance Comparison

	2026 (YTD)
VEFA VanEck MSCI EAFE Analyst Sentiment ETF	11.09%
SPDW SPDR Portfolio World ex-US ETF	9.48%

Correlation

The correlation between VEFA and SPDW is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	0.95

Return for Risk

VEFA vs. SPDW — Risk / Return Rank

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

VEFA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SPDW

SPDW Risk / Return Rank: 59
SPDW Sharpe Ratio Rank: 59
SPDW Sortino Ratio Rank: 57
SPDW Omega Ratio Rank: 59
SPDW Calmar Ratio Rank: 58
SPDW Martin Ratio Rank: 61

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.

VEFA vs. SPDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck MSCI EAFE Analyst Sentiment ETF (VEFA) and SPDR Portfolio World ex-US ETF (SPDW). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VEFA	SPDW	Difference
Sharpe ratio: Return per unit of total volatility	—	1.69	—
Sortino ratio: Return per unit of downside risk	—	2.35	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	2.44	—
Martin ratio: Return relative to average drawdown	—	9.39	—

Drawdowns

VEFA vs. SPDW - Drawdown Comparison

The maximum VEFA drawdown since its inception was -5.08%, smaller than the maximum SPDW drawdown of -60.02%. Use the drawdown chart below to compare losses from any high point for VEFA and SPDW.

Drawdown Indicators

	VEFA	SPDW	Difference
Max Drawdown Largest peak-to-trough decline	-5.08%	-60.02%	+54.94%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.55%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.53%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-30.21%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.98%	—
Current Drawdown Current decline from peak	-1.36%	-2.03%	+0.67%
Average Drawdown Average peak-to-trough decline	-1.25%	-12.87%	+11.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.00%	—

Volatility

Volatility by Period

	VEFA	SPDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.64%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.47%	16.69%	+3.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.47%	16.71%	+3.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.47%	17.09%	+3.38%

Dividends

VEFA vs. SPDW - Dividend Comparison

VEFA has not paid dividends to shareholders, while SPDW's dividend yield for the trailing twelve months is around 3.03%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPDW SPDR Portfolio World ex-US ETF	3.03%	3.30%	3.19%	2.75%	3.12%	3.04%	1.87%	3.13%	3.08%	1.86%	3.11%	2.78%
VEFA VanEck MSCI EAFE Analyst Sentiment ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VEFA and SPDW in my portfolio?

With a correlation of 0.95, VEFA and SPDW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF pays a higher dividend yield, VEFA or SPDW?

SPDW has the higher dividend yield at 3.03%, compared with 0.00% for VEFA.

What is the main difference between VEFA and SPDW?

They also come from different issuers: VanEck and State Street.