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

Correlation

The correlation between VEMAX and FSPSX is 0.75, 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.


-0.50.00.51.00.7

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.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
2.98%
-2.46%
VEMAX
FSPSX

Key characteristics

Sharpe Ratio

VEMAX:

1.06

FSPSX:

0.40

Sortino Ratio

VEMAX:

1.55

FSPSX:

0.63

Omega Ratio

VEMAX:

1.19

FSPSX:

1.08

Calmar Ratio

VEMAX:

0.59

FSPSX:

0.52

Martin Ratio

VEMAX:

4.34

FSPSX:

1.46

Ulcer Index

VEMAX:

3.15%

FSPSX:

3.45%

Daily Std Dev

VEMAX:

12.87%

FSPSX:

12.69%

Max Drawdown

VEMAX:

-66.45%

FSPSX:

-33.69%

Current Drawdown

VEMAX:

-10.30%

FSPSX:

-9.64%

Returns By Period

In the year-to-date period, VEMAX achieves a 11.23% return, which is significantly higher than FSPSX's 3.29% return. Over the past 10 years, VEMAX has underperformed FSPSX with an annualized return of 4.14%, while FSPSX has yielded a comparatively higher 5.19% annualized return.


VEMAX

YTD

11.23%

1M

-0.32%

6M

3.11%

1Y

13.18%

5Y*

3.20%

10Y*

4.14%

FSPSX

YTD

3.29%

1M

-1.48%

6M

-2.46%

1Y

6.02%

5Y*

4.89%

10Y*

5.19%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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%.


VEMAX
Vanguard Emerging Markets Stock Index Fund Admiral Shares
Expense ratio chart for VEMAX: current value at 0.14% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.14%
Expense ratio chart for FSPSX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for VEMAX, currently valued at 1.02, compared to the broader market-1.000.001.002.003.004.001.020.40
The chart of Sortino ratio for VEMAX, currently valued at 1.50, compared to the broader market-2.000.002.004.006.008.0010.001.500.63
The chart of Omega ratio for VEMAX, currently valued at 1.18, compared to the broader market0.501.001.502.002.503.003.501.181.08
The chart of Calmar ratio for VEMAX, currently valued at 0.57, compared to the broader market0.005.0010.000.570.52
The chart of Martin ratio for VEMAX, currently valued at 4.14, compared to the broader market0.0020.0040.0060.004.141.46
VEMAX
FSPSX

The current VEMAX Sharpe Ratio is 1.06, which is higher than the FSPSX Sharpe Ratio of 0.40. 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 Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.02
0.40
VEMAX
FSPSX

Dividends

VEMAX vs. FSPSX - Dividend Comparison

VEMAX's dividend yield for the trailing twelve months is around 0.71%, more than FSPSX's 0.37% yield.


TTM20232022202120202019201820172016201520142013
VEMAX
Vanguard Emerging Markets Stock Index Fund Admiral Shares
0.71%3.46%4.05%2.57%1.87%3.19%2.85%2.30%2.51%3.25%2.86%2.76%
FSPSX
Fidelity International Index Fund
0.37%2.79%2.66%3.07%1.84%3.18%2.79%2.36%2.99%2.79%3.53%2.59%

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.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.30%
-9.64%
VEMAX
FSPSX

Volatility

VEMAX vs. FSPSX - Volatility Comparison

The current volatility for Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX) is 3.09%, while Fidelity International Index Fund (FSPSX) has a volatility of 3.56%. 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%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.09%
3.56%
VEMAX
FSPSX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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