VEM vs. STXE

Last updated Jul 30, 2026

VEM (Virtus Emerging Markets Dividend ETF) and STXE (Strive Emerging Markets Ex-China ETF) are both Emerging Markets Equities funds. VEM is actively managed, while STXE is passively managed. Their 0.95 correlation means they have historically moved very closely together. VEM charges 0.49%/yr vs 0.32%/yr for STXE.

Performance

VEM vs. STXE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Emerging Markets Dividend ETF (VEM) and Strive Emerging Markets Ex-China ETF (STXE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VEM

• 1D: -1.75%
• 1M: -6.50%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

STXE

• 1D: -3.27%
• 1M: -15.56%
• 6M: 7.66%
• YTD: 22.56%
• 1Y: 43.98%
• 3Y*: 20.06%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.96%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
STXE Strive Emerging Markets Ex-China ETF	$504.50K	$596.79K	$567.83K
VEM Virtus Emerging Markets Dividend ETF	$1.18K	$2.76K	$6.90K

VEM vs. STXE - Yearly Performance Comparison

	2026 (YTD)
VEM Virtus Emerging Markets Dividend ETF	2.66%
STXE Strive Emerging Markets Ex-China ETF	7.98%

Correlation

The correlation between VEM and STXE is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 4, 2026	0.95

VEM vs. STXE - Sectors Allocation Comparison

Sectors	VEM	STXE
Technology	38.5%	39.6%
Financial Services	22.3%	15.8%
Industrials	7.5%	4.8%
Basic Materials	7.3%	6.2%
Energy	5.5%	3.5%
Consumer Cyclical	2.9%	1.4%
Consumer Defensive	2.2%	1.7%
Communication Services	1.8%	3.3%
Utilities	1.1%	1.1%
Real Estate	1.0%	0.4%
Healthcare	-	0.6%

Return for Risk

VEM vs. STXE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VEM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

STXE

STXE Risk / Return Rank: 66
STXE Sharpe Ratio Rank: 66
STXE Sortino Ratio Rank: 61
STXE Omega Ratio Rank: 69
STXE Calmar Ratio Rank: 63
STXE Martin Ratio Rank: 71

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VEM vs. STXE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Emerging Markets Dividend ETF (VEM) and Strive Emerging Markets Ex-China ETF (STXE). 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	STXE	Difference
Sharpe ratio: Return per unit of total volatility	—	1.50	—
Sortino ratio: Return per unit of downside risk	—	2.02	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	2.17	—
Martin ratio: Return relative to average drawdown	—	8.47	—

Drawdowns

VEM vs. STXE - Drawdown Comparison

The maximum VEM drawdown since its inception was -13.55%, smaller than the maximum STXE drawdown of -20.38%. Use the drawdown chart below to compare losses from any high point for VEM and STXE.

Drawdown Indicators

	VEM	STXE	Difference
Max Drawdown Largest peak-to-trough decline	-13.55%	-20.38%	+6.83%
Max Drawdown (1Y) Largest decline over 1 year	—	-20.38%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.38%	—
Current Drawdown Current decline from peak	-11.26%	-20.38%	+9.12%
Average Drawdown Average peak-to-trough decline	-4.52%	-3.92%	-0.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.21%	—

Volatility

Volatility by Period

	VEM	STXE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.18%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.67%	—
Volatility (1Y) Calculated over the trailing 1-year period	30.70%	29.43%	+1.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.70%	20.02%	+10.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.70%	20.02%	+10.68%

VEM vs. STXE - Expense Ratio Comparison

VEM has a 0.49% expense ratio, which is higher than STXE's 0.32% expense ratio.

Dividends

VEM vs. STXE - Dividend Comparison

VEM's dividend yield for the trailing twelve months is around 2.14%, more than STXE's 2.05% yield.

Position	TTM	2025	2024	2023
STXE Strive Emerging Markets Ex-China ETF	2.05%	2.66%	3.22%	1.08%
VEM Virtus Emerging Markets Dividend ETF	2.14%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VEM and STXE in my portfolio?

With a correlation of 0.95, VEM and STXE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, VEM or STXE?

On fees, STXE is cheaper at 0.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VEM or STXE?

STXE is cheaper with a 0.32% expense ratio, compared with 0.49% for VEM.

Which ETF pays a higher dividend yield, VEM or STXE?

VEM has the higher dividend yield at 2.14%, compared with 2.05% for STXE.

What is the main difference between VEM and STXE?

They also come from different issuers: Virtus and Strive. Their fees differ too: 0.49% for VEM and 0.32% for STXE.