VEIEX vs. AVES
Compare and contrast key facts about Vanguard Emerging Markets Stock Index Fund Investor Shares (VEIEX) and Avantis Emerging Markets Value ETF (AVES).
VEIEX is a passively managed fund by Vanguard that tracks the performance of the FTSE Emerging Markets All Cap China A Inclusion Index. It was launched on May 4, 1994. AVES is an actively managed fund by American Century Investments. It was launched on Sep 28, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VEIEX or AVES.
Key characteristics
| VEIEX | AVES | |
|---|---|---|
| YTD Return | 11.74% | 6.27% |
| 1Y Return | 17.10% | 12.63% |
| 3Y Return (Ann) | -1.38% | 1.53% |
| Sharpe Ratio | 1.47 | 0.99 |
| Sortino Ratio | 2.11 | 1.44 |
| Omega Ratio | 1.26 | 1.18 |
| Calmar Ratio | 0.80 | 1.54 |
| Martin Ratio | 7.72 | 5.55 |
| Ulcer Index | 2.44% | 2.80% |
| Daily Std Dev | 12.83% | 15.63% |
| Max Drawdown | -65.96% | -27.40% |
| Current Drawdown | -10.29% | -8.87% |
Correlation
The correlation between VEIEX and AVES is 0.92, 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
VEIEX vs. AVES - Performance Comparison
In the year-to-date period, VEIEX achieves a 11.74% return, which is significantly higher than AVES's 6.27% 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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VEIEX vs. AVES - Expense Ratio Comparison
VEIEX has a 0.29% expense ratio, which is lower than AVES's 0.36% expense ratio.
Risk-Adjusted Performance
VEIEX vs. AVES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Stock Index Fund Investor Shares (VEIEX) and Avantis Emerging Markets Value ETF (AVES). 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
VEIEX vs. AVES - Dividend Comparison
VEIEX's dividend yield for the trailing twelve months is around 2.45%, less than AVES's 3.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEIEX Vanguard Emerging Markets Stock Index Fund Investor Shares | 2.45% | 3.31% | 3.87% | 2.41% | 1.72% | 3.07% | 2.67% | 2.14% | 2.33% | 3.04% | 2.67% | 2.57% |
AVES Avantis Emerging Markets Value ETF | 3.73% | 3.96% | 3.70% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VEIEX vs. AVES - Drawdown Comparison
The maximum VEIEX drawdown since its inception was -65.96%, which is greater than AVES's maximum drawdown of -27.40%. Use the drawdown chart below to compare losses from any high point for VEIEX and AVES. For additional features, visit the drawdowns tool.
Volatility
VEIEX vs. AVES - Volatility Comparison
The current volatility for Vanguard Emerging Markets Stock Index Fund Investor Shares (VEIEX) is 4.12%, while Avantis Emerging Markets Value ETF (AVES) has a volatility of 5.31%. This indicates that VEIEX experiences smaller price fluctuations and is considered to be less risky than AVES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.