VEGBX vs. NEAR
Compare and contrast key facts about Vanguard Emerging Markets Bond Fund Admiral Shares (VEGBX) and iShares Short Maturity Bond ETF (NEAR).
VEGBX is managed by Vanguard. It was launched on Dec 6, 2017. NEAR is an actively managed fund by iShares. It was launched on Sep 25, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VEGBX or NEAR.
Key characteristics
| VEGBX | NEAR | |
|---|---|---|
| YTD Return | 8.27% | 4.53% |
| 1Y Return | 17.26% | 7.13% |
| 3Y Return (Ann) | 1.31% | 4.06% |
| 5Y Return (Ann) | 3.52% | 2.85% |
| Sharpe Ratio | 3.07 | 4.00 |
| Sortino Ratio | 4.81 | 6.46 |
| Omega Ratio | 1.61 | 1.91 |
| Calmar Ratio | 1.30 | 9.92 |
| Martin Ratio | 18.47 | 28.42 |
| Ulcer Index | 0.90% | 0.25% |
| Daily Std Dev | 5.42% | 1.75% |
| Max Drawdown | -25.52% | -9.60% |
| Current Drawdown | -1.02% | -0.41% |
Correlation
The correlation between VEGBX and NEAR is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
VEGBX vs. NEAR - Performance Comparison
In the year-to-date period, VEGBX achieves a 8.27% return, which is significantly higher than NEAR's 4.53% 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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VEGBX vs. NEAR - Expense Ratio Comparison
VEGBX has a 0.40% expense ratio, which is higher than NEAR's 0.25% expense ratio.
Risk-Adjusted Performance
VEGBX vs. NEAR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Bond Fund Admiral Shares (VEGBX) and iShares Short Maturity Bond ETF (NEAR). 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
VEGBX vs. NEAR - Dividend Comparison
VEGBX's dividend yield for the trailing twelve months is around 6.97%, more than NEAR's 5.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEGBX Vanguard Emerging Markets Bond Fund Admiral Shares | 6.97% | 7.21% | 5.62% | 3.67% | 3.40% | 4.55% | 5.01% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% |
NEAR iShares Short Maturity Bond ETF | 5.15% | 4.58% | 1.78% | 0.76% | 1.53% | 2.69% | 2.25% | 1.52% | 1.07% | 0.85% | 0.85% | 0.15% |
Drawdowns
VEGBX vs. NEAR - Drawdown Comparison
The maximum VEGBX drawdown since its inception was -25.52%, which is greater than NEAR's maximum drawdown of -9.60%. Use the drawdown chart below to compare losses from any high point for VEGBX and NEAR. For additional features, visit the drawdowns tool.
Volatility
VEGBX vs. NEAR - Volatility Comparison
Vanguard Emerging Markets Bond Fund Admiral Shares (VEGBX) has a higher volatility of 1.66% compared to iShares Short Maturity Bond ETF (NEAR) at 0.40%. This indicates that VEGBX's price experiences larger fluctuations and is considered to be riskier than NEAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.