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VEGBX vs. NEAR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

VEGBX vs. NEAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Emerging Markets Bond Fund Admiral Shares (VEGBX) and iShares Short Maturity Bond ETF (NEAR). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
5.46%
3.45%
VEGBX
NEAR

Returns By Period

In the year-to-date period, VEGBX achieves a 7.68% return, which is significantly higher than NEAR's 4.41% return.


VEGBX

YTD

7.68%

1M

0.35%

6M

5.46%

1Y

13.90%

5Y (annualized)

3.38%

10Y (annualized)

N/A

NEAR

YTD

4.41%

1M

-0.08%

6M

3.45%

1Y

6.42%

5Y (annualized)

2.81%

10Y (annualized)

2.26%

Key characteristics


VEGBXNEAR
Sharpe Ratio2.663.74
Sortino Ratio4.105.84
Omega Ratio1.521.82
Calmar Ratio1.348.43
Martin Ratio14.6923.64
Ulcer Index0.95%0.27%
Daily Std Dev5.25%1.72%
Max Drawdown-25.52%-9.60%
Current Drawdown-1.56%-0.53%

Compare stocks, funds, or ETFs

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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.


VEGBX
Vanguard Emerging Markets Bond Fund Admiral Shares
Expense ratio chart for VEGBX: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%
Expense ratio chart for NEAR: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Correlation

-0.50.00.51.00.3

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.

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.


Sharpe ratio
The chart of Sharpe ratio for VEGBX, currently valued at 2.66, compared to the broader market-1.000.001.002.003.004.005.002.663.74
The chart of Sortino ratio for VEGBX, currently valued at 4.10, compared to the broader market0.005.0010.004.105.84
The chart of Omega ratio for VEGBX, currently valued at 1.52, compared to the broader market1.002.003.004.001.521.82
The chart of Calmar ratio for VEGBX, currently valued at 1.34, compared to the broader market0.005.0010.0015.0020.001.348.43
The chart of Martin ratio for VEGBX, currently valued at 14.69, compared to the broader market0.0020.0040.0060.0080.00100.0014.6923.64
VEGBX
NEAR

The current VEGBX Sharpe Ratio is 2.66, which is comparable to the NEAR Sharpe Ratio of 3.74. The chart below compares the historical Sharpe Ratios of VEGBX and NEAR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio2.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
2.66
3.74
VEGBX
NEAR

Dividends

VEGBX vs. NEAR - Dividend Comparison

VEGBX's dividend yield for the trailing twelve months is around 7.01%, more than NEAR's 5.15% yield.


TTM20232022202120202019201820172016201520142013
VEGBX
Vanguard Emerging Markets Bond Fund Admiral Shares
7.01%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.


-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.56%
-0.53%
VEGBX
NEAR

Volatility

VEGBX vs. NEAR - Volatility Comparison

Vanguard Emerging Markets Bond Fund Admiral Shares (VEGBX) has a higher volatility of 1.53% compared to iShares Short Maturity Bond ETF (NEAR) at 0.49%. 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.


0.50%1.00%1.50%JuneJulyAugustSeptemberOctoberNovember
1.53%
0.49%
VEGBX
NEAR