VEM vs. EMDV
VEM (Virtus Emerging Markets Dividend ETF) and EMDV (ProShares MSCI Emerging Markets Dividend Growers ETF) are both Emerging Markets Equities funds. VEM is actively managed, while EMDV is passively managed. A 0.78 correlation means they provide meaningful diversification when combined. VEM charges 0.49%/yr vs 0.60%/yr for EMDV.
Performance
VEM vs. EMDV - Performance Comparison
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Returns By Period
VEM
- 1D
- 0.33%
- 1M
- 1.08%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EMDV
- 1D
- 0.12%
- 1M
- -1.16%
- 6M
- -3.12%
- YTD
- -2.44%
- 1Y
- 0.49%
- 3Y*
- 1.58%
- 5Y*
- -3.02%
- 10Y*
- 1.90%
VEM vs. EMDV - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
VEM Virtus Emerging Markets Dividend ETF | 8.93% |
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF | -4.49% |
Correlation
The correlation between VEM and EMDV is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 4, 2026 | 0.78 |
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Return for Risk
VEM vs. EMDV — Risk / Return Rank
VEM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EMDV
VEM vs. EMDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Emerging Markets Dividend ETF (VEM) and ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VEM | EMDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.02 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.07 | — |
| Martin ratioReturn relative to average drawdown | — | 0.17 | — |
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Drawdowns
VEM vs. EMDV - Drawdown Comparison
The maximum VEM drawdown since its inception was -13.55%, smaller than the maximum EMDV drawdown of -39.20%. Use the drawdown chart below to compare losses from any high point for VEM and EMDV.
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Drawdown Indicators
| VEM | EMDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.55% | -39.20% | +25.65% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.24% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -20.71% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.37% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.20% | — |
Current DrawdownCurrent decline from peak | -5.85% | -17.84% | +11.99% |
Average DrawdownAverage peak-to-trough decline | -4.08% | -13.57% | +9.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.86% | — |
Volatility
VEM vs. EMDV - Volatility Comparison
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Volatility by Period
| VEM | EMDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.98% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.73% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 30.97% | 11.40% | +19.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.97% | 15.43% | +15.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.97% | 17.99% | +12.98% |
VEM vs. EMDV - Expense Ratio Comparison
VEM has a 0.49% expense ratio, which is lower than EMDV's 0.60% expense ratio.
Dividends
VEM vs. EMDV - Dividend Comparison
VEM's dividend yield for the trailing twelve months is around 2.02%, more than EMDV's 1.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF | 1.98% | 2.46% | 2.79% | 1.88% | 3.68% | 2.12% | 3.12% | 2.38% | 1.27% | 2.09% | 2.87% |
VEM Virtus Emerging Markets Dividend ETF | 2.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VEM and EMDV have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VEM is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VEM is cheaper with a 0.49% expense ratio, compared with 0.60% for EMDV.
VEM has the higher dividend yield at 2.02%, compared with 1.98% for EMDV.
They also come from different issuers: Virtus and ProShares. Their fees differ too: 0.49% for VEM and 0.60% for EMDV.
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