VEMAX vs. SPY
Compare and contrast key facts about Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX) and SPDR S&P 500 ETF (SPY).
VEMAX is managed by Vanguard. It was launched on Jun 23, 2006. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VEMAX or SPY.
Correlation
The correlation between VEMAX and SPY is 0.72, 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.
Performance
VEMAX vs. SPY - Performance Comparison
Key characteristics
VEMAX:
1.26
SPY:
1.88
VEMAX:
1.81
SPY:
2.53
VEMAX:
1.22
SPY:
1.35
VEMAX:
0.81
SPY:
2.83
VEMAX:
3.74
SPY:
11.74
VEMAX:
4.27%
SPY:
2.02%
VEMAX:
12.69%
SPY:
12.64%
VEMAX:
-66.45%
SPY:
-55.19%
VEMAX:
-6.59%
SPY:
-0.42%
Returns By Period
In the year-to-date period, VEMAX achieves a 4.38% return, which is significantly higher than SPY's 4.15% return. Over the past 10 years, VEMAX has underperformed SPY with an annualized return of 4.07%, while SPY has yielded a comparatively higher 13.18% annualized return.
VEMAX
4.38%
4.52%
6.53%
15.44%
4.41%
4.07%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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VEMAX vs. SPY - Expense Ratio Comparison
VEMAX has a 0.14% expense ratio, which is higher than SPY's 0.09% 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. SPY — Risk-Adjusted Performance Rank
VEMAX
SPY
VEMAX vs. SPY - 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 SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
VEMAX's dividend yield for the trailing twelve months is around 2.99%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEMAX Vanguard Emerging Markets Stock Index Fund Admiral Shares | 2.99% | 3.12% | 3.46% | 4.05% | 2.57% | 1.87% | 3.19% | 2.85% | 2.30% | 2.51% | 3.25% | 2.86% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
VEMAX vs. SPY - Drawdown Comparison
The maximum VEMAX drawdown since its inception was -66.45%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VEMAX and SPY. For additional features, visit the drawdowns tool.
Volatility
VEMAX vs. SPY - Volatility Comparison
Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX) has a higher volatility of 3.25% compared to SPDR S&P 500 ETF (SPY) at 2.93%. This indicates that VEMAX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.