VEMAX vs. ABALX
Compare and contrast key facts about Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX) and American Funds American Balanced Fund Class A (ABALX).
VEMAX is managed by Vanguard. It was launched on Jun 23, 2006. ABALX is managed by American Funds. It was launched on Jul 26, 1975.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VEMAX or ABALX.
Performance
VEMAX vs. ABALX - Performance Comparison
Returns By Period
In the year-to-date period, VEMAX achieves a 10.75% return, which is significantly lower than ABALX's 14.06% return. Over the past 10 years, VEMAX has underperformed ABALX with an annualized return of 3.58%, while ABALX has yielded a comparatively higher 8.22% annualized return.
VEMAX
10.75%
-4.77%
1.52%
15.59%
4.24%
3.58%
ABALX
14.06%
-1.28%
6.84%
20.57%
8.48%
8.22%
Key characteristics
| VEMAX | ABALX | |
|---|---|---|
| Sharpe Ratio | 1.15 | 2.52 |
| Sortino Ratio | 1.68 | 3.56 |
| Omega Ratio | 1.21 | 1.47 |
| Calmar Ratio | 0.63 | 3.77 |
| Martin Ratio | 5.76 | 17.14 |
| Ulcer Index | 2.53% | 1.23% |
| Daily Std Dev | 12.72% | 8.38% |
| Max Drawdown | -66.45% | -39.31% |
| Current Drawdown | -10.69% | -2.22% |
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VEMAX vs. ABALX - Expense Ratio Comparison
VEMAX has a 0.14% expense ratio, which is lower than ABALX's 0.56% expense ratio.
Correlation
The correlation between VEMAX and ABALX is 0.73, 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.
Risk-Adjusted Performance
VEMAX vs. ABALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX) and American Funds American Balanced Fund Class A (ABALX). 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.
Dividends
VEMAX vs. ABALX - Dividend Comparison
VEMAX's dividend yield for the trailing twelve months is around 2.62%, more than ABALX's 2.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEMAX Vanguard Emerging Markets Stock Index Fund Admiral Shares | 2.62% | 3.46% | 4.05% | 2.57% | 1.87% | 3.19% | 2.85% | 2.30% | 2.51% | 3.25% | 2.86% | 2.76% |
ABALX American Funds American Balanced Fund Class A | 2.17% | 2.36% | 1.69% | 1.20% | 1.32% | 1.91% | 2.10% | 1.79% | 1.77% | 2.47% | 8.09% | 1.54% |
Drawdowns
VEMAX vs. ABALX - Drawdown Comparison
The maximum VEMAX drawdown since its inception was -66.45%, which is greater than ABALX's maximum drawdown of -39.31%. Use the drawdown chart below to compare losses from any high point for VEMAX and ABALX. For additional features, visit the drawdowns tool.
Volatility
VEMAX vs. ABALX - Volatility Comparison
Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX) has a higher volatility of 4.00% compared to American Funds American Balanced Fund Class A (ABALX) at 2.48%. This indicates that VEMAX's price experiences larger fluctuations and is considered to be riskier than ABALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.