VEIEX vs. DEMGX
Compare and contrast key facts about Vanguard Emerging Markets Stock Index Fund Investor Shares (VEIEX) and DFA Emerging Markets Targeted Value Portfolio (DEMGX).
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. DEMGX is managed by Dimensional. It was launched on Nov 13, 2018.
Performance
VEIEX vs. DEMGX - Performance Comparison
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VEIEX vs. DEMGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VEIEX Vanguard Emerging Markets Stock Index Fund Investor Shares | -0.26% | 24.58% | 11.15% | 8.66% | -17.91% | 0.72% | 15.05% | 20.11% | -0.03% |
DEMGX DFA Emerging Markets Targeted Value Portfolio | 2.16% | 24.27% | 4.62% | 17.19% | -12.98% | 14.64% | 8.55% | 11.08% | 0.38% |
Returns By Period
In the year-to-date period, VEIEX achieves a -0.26% return, which is significantly lower than DEMGX's 2.16% return.
VEIEX
- 1D
- 2.35%
- 1M
- -6.43%
- YTD
- -0.26%
- 6M
- 0.31%
- 1Y
- 21.25%
- 3Y*
- 13.15%
- 5Y*
- 3.42%
- 10Y*
- 7.36%
DEMGX
- 1D
- 1.07%
- 1M
- -8.17%
- YTD
- 2.16%
- 6M
- 2.95%
- 1Y
- 25.69%
- 3Y*
- 14.47%
- 5Y*
- 7.09%
- 10Y*
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VEIEX vs. DEMGX - Expense Ratio Comparison
VEIEX has a 0.29% expense ratio, which is lower than DEMGX's 0.66% expense ratio.
Return for Risk
VEIEX vs. DEMGX — Risk / Return Rank
VEIEX
DEMGX
VEIEX vs. DEMGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Stock Index Fund Investor Shares (VEIEX) and DFA Emerging Markets Targeted Value Portfolio (DEMGX). 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.
| VEIEX | DEMGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.42 | 1.87 | -0.45 |
Sortino ratioReturn per unit of downside risk | 1.93 | 2.38 | -0.45 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.35 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.92 | 2.04 | -0.12 |
Martin ratioReturn relative to average drawdown | 7.00 | 7.67 | -0.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VEIEX | DEMGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.42 | 1.87 | -0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.54 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.57 | -0.26 |
Correlation
The correlation between VEIEX and DEMGX is 0.88, 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.
Dividends
VEIEX vs. DEMGX - Dividend Comparison
VEIEX's dividend yield for the trailing twelve months is around 2.55%, less than DEMGX's 4.87% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEIEX Vanguard Emerging Markets Stock Index Fund Investor Shares | 2.55% | 2.59% | 2.97% | 3.32% | 3.87% | 2.41% | 1.72% | 3.07% | 2.67% | 2.14% | 2.33% | 3.04% |
DEMGX DFA Emerging Markets Targeted Value Portfolio | 4.87% | 4.98% | 4.60% | 5.21% | 4.28% | 10.93% | 2.23% | 3.17% | 0.08% | 0.00% | 0.00% | 0.00% |
Drawdowns
VEIEX vs. DEMGX - Drawdown Comparison
The maximum VEIEX drawdown since its inception was -66.47%, which is greater than DEMGX's maximum drawdown of -42.40%. Use the drawdown chart below to compare losses from any high point for VEIEX and DEMGX.
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Drawdown Indicators
| VEIEX | DEMGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.47% | -42.40% | -24.07% |
Max Drawdown (1Y)Largest decline over 1 year | -11.10% | -11.10% | 0.00% |
Max Drawdown (5Y)Largest decline over 5 years | -32.73% | -26.19% | -6.54% |
Max Drawdown (10Y)Largest decline over 10 years | -36.30% | — | — |
Current DrawdownCurrent decline from peak | -8.97% | -10.16% | +1.19% |
Average DrawdownAverage peak-to-trough decline | -17.29% | -7.71% | -9.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 3.16% | -0.12% |
Volatility
VEIEX vs. DEMGX - Volatility Comparison
Vanguard Emerging Markets Stock Index Fund Investor Shares (VEIEX) has a higher volatility of 6.91% compared to DFA Emerging Markets Targeted Value Portfolio (DEMGX) at 6.35%. This indicates that VEIEX's price experiences larger fluctuations and is considered to be riskier than DEMGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VEIEX | DEMGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.91% | 6.35% | +0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 10.92% | 9.82% | +1.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.41% | 14.40% | +1.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.22% | 13.27% | +1.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.39% | 15.71% | +0.68% |