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VEMBX vs. VWOB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VEMBX and VWOB is 0.71, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

VEMBX vs. VWOB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Emerging Markets Bond Fund Investor Shares (VEMBX) and Vanguard Emerging Markets Government Bond ETF (VWOB). The values are adjusted to include any dividend payments, if applicable.

30.00%40.00%50.00%60.00%NovemberDecember2025FebruaryMarchApril
57.00%
30.17%
VEMBX
VWOB

Key characteristics

Sharpe Ratio

VEMBX:

1.44

VWOB:

0.84

Sortino Ratio

VEMBX:

2.15

VWOB:

1.21

Omega Ratio

VEMBX:

1.26

VWOB:

1.15

Calmar Ratio

VEMBX:

1.14

VWOB:

0.45

Martin Ratio

VEMBX:

6.20

VWOB:

3.75

Ulcer Index

VEMBX:

1.09%

VWOB:

1.46%

Daily Std Dev

VEMBX:

4.69%

VWOB:

6.48%

Max Drawdown

VEMBX:

-25.61%

VWOB:

-26.97%

Current Drawdown

VEMBX:

-1.95%

VWOB:

-4.70%

Returns By Period

In the year-to-date period, VEMBX achieves a 1.74% return, which is significantly higher than VWOB's 1.26% return.


VEMBX

YTD

1.74%

1M

-1.66%

6M

0.30%

1Y

6.31%

5Y*

5.83%

10Y*

N/A

VWOB

YTD

1.26%

1M

-2.03%

6M

-0.88%

1Y

5.53%

5Y*

3.44%

10Y*

2.74%

*Annualized

Compare stocks, funds, or ETFs

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


VEMBX vs. VWOB - Expense Ratio Comparison

VEMBX has a 0.55% expense ratio, which is higher than VWOB's 0.20% expense ratio.


VEMBX
Vanguard Emerging Markets Bond Fund Investor Shares
Expense ratio chart for VEMBX: current value is 0.55%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VEMBX: 0.55%
Expense ratio chart for VWOB: current value is 0.20%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VWOB: 0.20%

Risk-Adjusted Performance

VEMBX vs. VWOB — Risk-Adjusted Performance Rank

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

VEMBX
The Risk-Adjusted Performance Rank of VEMBX is 8686
Overall Rank
The Sharpe Ratio Rank of VEMBX is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of VEMBX is 8686
Sortino Ratio Rank
The Omega Ratio Rank of VEMBX is 8585
Omega Ratio Rank
The Calmar Ratio Rank of VEMBX is 8686
Calmar Ratio Rank
The Martin Ratio Rank of VEMBX is 8787
Martin Ratio Rank

VWOB
The Risk-Adjusted Performance Rank of VWOB is 7373
Overall Rank
The Sharpe Ratio Rank of VWOB is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of VWOB is 7676
Sortino Ratio Rank
The Omega Ratio Rank of VWOB is 7474
Omega Ratio Rank
The Calmar Ratio Rank of VWOB is 6262
Calmar Ratio Rank
The Martin Ratio Rank of VWOB is 7878
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.

VEMBX vs. VWOB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Bond Fund Investor Shares (VEMBX) and Vanguard Emerging Markets Government Bond ETF (VWOB). 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 VEMBX, currently valued at 1.44, compared to the broader market-1.000.001.002.003.004.00
VEMBX: 1.44
VWOB: 0.84
The chart of Sortino ratio for VEMBX, currently valued at 2.15, compared to the broader market-2.000.002.004.006.008.0010.00
VEMBX: 2.15
VWOB: 1.21
The chart of Omega ratio for VEMBX, currently valued at 1.26, compared to the broader market0.501.001.502.002.503.003.50
VEMBX: 1.26
VWOB: 1.15
The chart of Calmar ratio for VEMBX, currently valued at 1.14, compared to the broader market0.005.0010.0015.00
VEMBX: 1.14
VWOB: 0.45
The chart of Martin ratio for VEMBX, currently valued at 6.20, compared to the broader market0.0020.0040.0060.00
VEMBX: 6.20
VWOB: 3.75

The current VEMBX Sharpe Ratio is 1.44, which is higher than the VWOB Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of VEMBX and VWOB, 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 Ratio0.501.001.502.002.503.003.504.00NovemberDecember2025FebruaryMarchApril
1.44
0.84
VEMBX
VWOB

Dividends

VEMBX vs. VWOB - Dividend Comparison

VEMBX's dividend yield for the trailing twelve months is around 6.79%, more than VWOB's 6.37% yield.


TTM20242023202220212020201920182017201620152014
VEMBX
Vanguard Emerging Markets Bond Fund Investor Shares
6.79%6.38%7.06%5.45%3.52%3.27%4.40%4.80%4.52%4.03%0.00%0.00%
VWOB
Vanguard Emerging Markets Government Bond ETF
6.37%6.08%5.50%5.31%4.04%4.18%4.58%4.53%4.61%4.71%4.93%4.49%

Drawdowns

VEMBX vs. VWOB - Drawdown Comparison

The maximum VEMBX drawdown since its inception was -25.61%, smaller than the maximum VWOB drawdown of -26.97%. Use the drawdown chart below to compare losses from any high point for VEMBX and VWOB. For additional features, visit the drawdowns tool.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%NovemberDecember2025FebruaryMarchApril
-1.95%
-4.70%
VEMBX
VWOB

Volatility

VEMBX vs. VWOB - Volatility Comparison

The current volatility for Vanguard Emerging Markets Bond Fund Investor Shares (VEMBX) is 1.31%, while Vanguard Emerging Markets Government Bond ETF (VWOB) has a volatility of 1.70%. This indicates that VEMBX experiences smaller price fluctuations and is considered to be less risky than VWOB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%NovemberDecember2025FebruaryMarchApril
1.31%
1.70%
VEMBX
VWOB
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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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