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:
1.06
SPY:
2.03
VEMAX:
1.55
SPY:
2.71
VEMAX:
1.19
SPY:
1.38
VEMAX:
0.59
SPY:
3.02
VEMAX:
4.34
SPY:
13.49
VEMAX:
3.15%
SPY:
1.88%
VEMAX:
12.87%
SPY:
12.48%
VEMAX:
-66.45%
SPY:
-55.19%
VEMAX:
-10.30%
SPY:
-3.54%
Returns By Period
In the year-to-date period, VEMAX achieves a 11.23% return, which is significantly lower than SPY's 24.51% return. Over the past 10 years, VEMAX has underperformed SPY with an annualized return of 4.14%, while SPY has yielded a comparatively higher 12.94% annualized return.
VEMAX
11.23%
-0.32%
3.11%
13.18%
3.20%
4.14%
SPY
24.51%
-0.32%
7.56%
24.63%
14.51%
12.94%
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. 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 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 0.71%, less than SPY's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SPY SPDR S&P 500 ETF | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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
The current volatility for Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX) is 3.14%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.64%. This indicates that VEMAX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.