VEIEX vs. PEAFX
Compare and contrast key facts about Vanguard Emerging Markets Stock Index Fund Investor Shares (VEIEX) and PIMCO RAE Emerging Markets Fund Class A (PEAFX).
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. PEAFX is an actively managed fund by PIMCO. It was launched on Jun 5, 2015.
Performance
VEIEX vs. PEAFX - Performance Comparison
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VEIEX vs. PEAFX - 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% |
PEAFX PIMCO RAE Emerging Markets Fund Class A | 6.52% | 20.25% | 1.14% | 22.28% | -10.71% | 15.47% | 6.43% | 13.30% | -12.77% | 28.91% |
Returns By Period
In the year-to-date period, VEIEX achieves a -2.56% return, which is significantly lower than PEAFX's 6.52% return. Over the past 10 years, VEIEX has underperformed PEAFX with an annualized return of 7.11%, while PEAFX has yielded a comparatively higher 10.12% 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%
PEAFX
- 1D
- 0.08%
- 1M
- -8.64%
- YTD
- 6.52%
- 6M
- 8.29%
- 1Y
- 24.42%
- 3Y*
- 15.08%
- 5Y*
- 8.03%
- 10Y*
- 10.12%
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VEIEX vs. PEAFX - Expense Ratio Comparison
VEIEX has a 0.29% expense ratio, which is lower than PEAFX's 1.10% expense ratio.
Return for Risk
VEIEX vs. PEAFX — Risk / Return Rank
VEIEX
PEAFX
VEIEX vs. PEAFX - 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 PIMCO RAE Emerging Markets Fund Class A (PEAFX). 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 | PEAFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.22 | 1.58 | -0.36 |
Sortino ratioReturn per unit of downside risk | 1.68 | 1.99 | -0.31 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.31 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.51 | 1.75 | -0.24 |
Martin ratioReturn relative to average drawdown | 5.60 | 7.13 | -1.53 |
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 | PEAFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | 1.58 | -0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.54 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.59 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.65 | -0.34 |
Correlation
The correlation between VEIEX and PEAFX 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. PEAFX - Dividend Comparison
VEIEX's dividend yield for the trailing twelve months is around 2.61%, less than PEAFX's 2.79% 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% |
PEAFX PIMCO RAE Emerging Markets Fund Class A | 2.79% | 2.97% | 1.01% | 4.01% | 11.33% | 9.19% | 7.05% | 2.48% | 11.05% | 8.07% | 2.59% | 0.00% |
Drawdowns
VEIEX vs. PEAFX - Drawdown Comparison
The maximum VEIEX drawdown since its inception was -66.47%, which is greater than PEAFX's maximum drawdown of -47.18%. Use the drawdown chart below to compare losses from any high point for VEIEX and PEAFX.
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Drawdown Indicators
| VEIEX | PEAFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.47% | -47.18% | -19.29% |
Max Drawdown (1Y)Largest decline over 1 year | -11.10% | -12.14% | +1.04% |
Max Drawdown (5Y)Largest decline over 5 years | -32.73% | -28.57% | -4.16% |
Max Drawdown (10Y)Largest decline over 10 years | -36.30% | -47.18% | +10.88% |
Current DrawdownCurrent decline from peak | -11.06% | -9.39% | -1.67% |
Average DrawdownAverage peak-to-trough decline | -17.29% | -10.29% | -7.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.99% | 3.20% | -0.21% |
Volatility
VEIEX vs. PEAFX - Volatility Comparison
Vanguard Emerging Markets Stock Index Fund Investor Shares (VEIEX) has a higher volatility of 6.39% compared to PIMCO RAE Emerging Markets Fund Class A (PEAFX) at 5.57%. This indicates that VEIEX's price experiences larger fluctuations and is considered to be riskier than PEAFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VEIEX | PEAFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.39% | 5.57% | +0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 10.70% | 11.14% | -0.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.27% | 15.50% | -0.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.18% | 14.88% | +0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.37% | 17.23% | -0.86% |