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VEMAX vs. FSPSX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VEMAX and FSPSX is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

VEMAX vs. FSPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX) and Fidelity International Index Fund (FSPSX). The values are adjusted to include any dividend payments, if applicable.

40.00%60.00%80.00%100.00%120.00%140.00%160.00%December2025FebruaryMarchAprilMay
67.24%
164.89%
VEMAX
FSPSX

Key characteristics

Sharpe Ratio

VEMAX:

0.63

FSPSX:

0.67

Sortino Ratio

VEMAX:

0.92

FSPSX:

1.02

Omega Ratio

VEMAX:

1.12

FSPSX:

1.14

Calmar Ratio

VEMAX:

0.51

FSPSX:

0.82

Martin Ratio

VEMAX:

1.75

FSPSX:

2.38

Ulcer Index

VEMAX:

5.32%

FSPSX:

4.69%

Daily Std Dev

VEMAX:

15.74%

FSPSX:

16.72%

Max Drawdown

VEMAX:

-66.45%

FSPSX:

-33.69%

Current Drawdown

VEMAX:

-6.73%

FSPSX:

-0.89%

Returns By Period

In the year-to-date period, VEMAX achieves a 4.22% return, which is significantly lower than FSPSX's 13.04% return. Over the past 10 years, VEMAX has underperformed FSPSX with an annualized return of 3.50%, while FSPSX has yielded a comparatively higher 5.62% annualized return.


VEMAX

YTD

4.22%

1M

14.16%

6M

-1.39%

1Y

9.83%

5Y*

8.02%

10Y*

3.50%

FSPSX

YTD

13.04%

1M

16.65%

6M

8.10%

1Y

11.14%

5Y*

11.87%

10Y*

5.62%

*Annualized

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VEMAX vs. FSPSX - Expense Ratio Comparison

VEMAX has a 0.14% expense ratio, which is higher than FSPSX's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Risk-Adjusted Performance

VEMAX vs. FSPSX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VEMAX
The Risk-Adjusted Performance Rank of VEMAX is 5959
Overall Rank
The Sharpe Ratio Rank of VEMAX is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of VEMAX is 6060
Sortino Ratio Rank
The Omega Ratio Rank of VEMAX is 5656
Omega Ratio Rank
The Calmar Ratio Rank of VEMAX is 6262
Calmar Ratio Rank
The Martin Ratio Rank of VEMAX is 5454
Martin Ratio Rank

FSPSX
The Risk-Adjusted Performance Rank of FSPSX is 6767
Overall Rank
The Sharpe Ratio Rank of FSPSX is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of FSPSX is 6565
Sortino Ratio Rank
The Omega Ratio Rank of FSPSX is 6464
Omega Ratio Rank
The Calmar Ratio Rank of FSPSX is 8080
Calmar Ratio Rank
The Martin Ratio Rank of FSPSX is 6464
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VEMAX vs. FSPSX - 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 Fidelity International Index Fund (FSPSX). 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.


The current VEMAX Sharpe Ratio is 0.63, which is comparable to the FSPSX Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of VEMAX and FSPSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00December2025FebruaryMarchAprilMay
0.63
0.67
VEMAX
FSPSX

Dividends

VEMAX vs. FSPSX - Dividend Comparison

VEMAX's dividend yield for the trailing twelve months is around 3.02%, more than FSPSX's 2.56% yield.


TTM20242023202220212020201920182017201620152014
VEMAX
Vanguard Emerging Markets Stock Index Fund Admiral Shares
3.02%3.12%3.46%4.05%2.57%1.87%3.19%2.85%2.30%2.51%3.25%2.86%
FSPSX
Fidelity International Index Fund
2.56%3.27%2.79%2.66%3.07%1.84%3.18%2.79%2.36%2.99%2.79%3.53%

Drawdowns

VEMAX vs. FSPSX - Drawdown Comparison

The maximum VEMAX drawdown since its inception was -66.45%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for VEMAX and FSPSX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-6.73%
-0.89%
VEMAX
FSPSX

Volatility

VEMAX vs. FSPSX - Volatility Comparison

The current volatility for Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX) is 5.56%, while Fidelity International Index Fund (FSPSX) has a volatility of 7.15%. This indicates that VEMAX experiences smaller price fluctuations and is considered to be less risky than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%December2025FebruaryMarchAprilMay
5.56%
7.15%
VEMAX
FSPSX