VEIEX vs. EAEAX
Compare and contrast key facts about Vanguard Emerging Markets Stock Index Fund Investor Shares (VEIEX) and Eaton Vance Tax-Managed Equity Asset Allocation Fund (EAEAX).
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. EAEAX is managed by BlackRock. It was launched on Mar 3, 2002.
Performance
VEIEX vs. EAEAX - Performance Comparison
Loading graphics...
VEIEX vs. EAEAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VEIEX Vanguard Emerging Markets Stock Index Fund Investor Shares | -2.56% | 24.58% | 11.15% | 8.66% | -17.91% | 0.72% | 15.05% | 20.11% | -14.73% | 31.14% |
EAEAX Eaton Vance Tax-Managed Equity Asset Allocation Fund | -6.63% | 12.06% | 17.99% | 20.69% | -18.19% | 21.24% | 15.47% | 27.44% | -5.86% | 19.16% |
Returns By Period
In the year-to-date period, VEIEX achieves a -2.56% return, which is significantly higher than EAEAX's -6.63% return. Over the past 10 years, VEIEX has underperformed EAEAX with an annualized return of 7.11%, while EAEAX has yielded a comparatively higher 10.18% annualized return.
VEIEX
- 1D
- -0.84%
- 1M
- -9.75%
- YTD
- -2.56%
- 6M
- -1.25%
- 1Y
- 18.92%
- 3Y*
- 12.28%
- 5Y*
- 3.20%
- 10Y*
- 7.11%
EAEAX
- 1D
- -0.25%
- 1M
- -8.13%
- YTD
- -6.63%
- 6M
- -4.39%
- 1Y
- 8.28%
- 3Y*
- 12.12%
- 5Y*
- 7.03%
- 10Y*
- 10.18%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VEIEX vs. EAEAX - Expense Ratio Comparison
VEIEX has a 0.29% expense ratio, which is lower than EAEAX's 1.25% expense ratio.
Return for Risk
VEIEX vs. EAEAX — Risk / Return Rank
VEIEX
EAEAX
VEIEX vs. EAEAX - 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 Eaton Vance Tax-Managed Equity Asset Allocation Fund (EAEAX). 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 | EAEAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.22 | 0.53 | +0.69 |
Sortino ratioReturn per unit of downside risk | 1.68 | 0.88 | +0.81 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.13 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.51 | 0.58 | +0.93 |
Martin ratioReturn relative to average drawdown | 5.60 | 2.62 | +2.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VEIEX | EAEAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | 0.53 | +0.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.45 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.61 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.44 | -0.13 |
Correlation
The correlation between VEIEX and EAEAX is 0.71, 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. EAEAX - Dividend Comparison
VEIEX's dividend yield for the trailing twelve months is around 2.61%, less than EAEAX's 4.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEIEX Vanguard Emerging Markets Stock Index Fund Investor Shares | 2.61% | 2.59% | 2.97% | 3.32% | 3.87% | 2.41% | 1.72% | 3.07% | 2.67% | 2.14% | 2.33% | 3.04% |
EAEAX Eaton Vance Tax-Managed Equity Asset Allocation Fund | 4.60% | 4.29% | 0.80% | 0.53% | 0.79% | 2.58% | 0.57% | 1.87% | 2.12% | 3.13% | 1.10% | 6.32% |
Drawdowns
VEIEX vs. EAEAX - Drawdown Comparison
The maximum VEIEX drawdown since its inception was -66.47%, which is greater than EAEAX's maximum drawdown of -53.71%. Use the drawdown chart below to compare losses from any high point for VEIEX and EAEAX.
Loading graphics...
Drawdown Indicators
| VEIEX | EAEAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.47% | -53.71% | -12.76% |
Max Drawdown (1Y)Largest decline over 1 year | -11.10% | -11.67% | +0.57% |
Max Drawdown (5Y)Largest decline over 5 years | -32.73% | -24.72% | -8.01% |
Max Drawdown (10Y)Largest decline over 10 years | -36.30% | -34.74% | -1.56% |
Current DrawdownCurrent decline from peak | -11.06% | -9.37% | -1.69% |
Average DrawdownAverage peak-to-trough decline | -17.29% | -7.87% | -9.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.99% | 2.60% | +0.39% |
Volatility
VEIEX vs. EAEAX - Volatility Comparison
Vanguard Emerging Markets Stock Index Fund Investor Shares (VEIEX) has a higher volatility of 6.39% compared to Eaton Vance Tax-Managed Equity Asset Allocation Fund (EAEAX) at 4.15%. This indicates that VEIEX's price experiences larger fluctuations and is considered to be riskier than EAEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VEIEX | EAEAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.39% | 4.15% | +2.24% |
Volatility (6M)Calculated over the trailing 6-month period | 10.70% | 8.32% | +2.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.27% | 16.71% | -1.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.18% | 15.61% | -0.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.37% | 16.80% | -0.43% |