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VEMIX vs. VWO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VEMIX and VWO is 0.93, 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.


-0.50.00.51.00.9

Performance

VEMIX vs. VWO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Emerging Markets Stock Index Fund Institutional Shares (VEMIX) and Vanguard FTSE Emerging Markets ETF (VWO). The values are adjusted to include any dividend payments, if applicable.

180.00%190.00%200.00%210.00%220.00%230.00%JulyAugustSeptemberOctoberNovemberDecember
193.81%
201.16%
VEMIX
VWO

Key characteristics

Sharpe Ratio

VEMIX:

0.98

VWO:

1.05

Sortino Ratio

VEMIX:

1.44

VWO:

1.54

Omega Ratio

VEMIX:

1.18

VWO:

1.19

Calmar Ratio

VEMIX:

0.54

VWO:

0.66

Martin Ratio

VEMIX:

3.90

VWO:

4.30

Ulcer Index

VEMIX:

3.22%

VWO:

3.64%

Daily Std Dev

VEMIX:

12.85%

VWO:

14.94%

Max Drawdown

VEMIX:

-66.43%

VWO:

-67.68%

Current Drawdown

VEMIX:

-12.14%

VWO:

-10.25%

Returns By Period

In the year-to-date period, VEMIX achieves a 8.83% return, which is significantly lower than VWO's 11.50% return. Over the past 10 years, VEMIX has underperformed VWO with an annualized return of 3.82%, while VWO has yielded a comparatively higher 4.14% annualized return.


VEMIX

YTD

8.83%

1M

-2.40%

6M

1.23%

1Y

11.40%

5Y*

2.73%

10Y*

3.82%

VWO

YTD

11.50%

1M

0.16%

6M

3.77%

1Y

13.82%

5Y*

3.23%

10Y*

4.14%

Compare stocks, funds, or ETFs

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


VEMIX vs. VWO - Expense Ratio Comparison

VEMIX has a 0.10% expense ratio, which is higher than VWO's 0.08% 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%.


VEMIX
Vanguard Emerging Markets Stock Index Fund Institutional Shares
Expense ratio chart for VEMIX: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%
Expense ratio chart for VWO: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

VEMIX vs. VWO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Stock Index Fund Institutional Shares (VEMIX) and Vanguard FTSE Emerging Markets ETF (VWO). 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 VEMIX, currently valued at 0.98, compared to the broader market-1.000.001.002.003.004.000.981.05
The chart of Sortino ratio for VEMIX, currently valued at 1.44, compared to the broader market-2.000.002.004.006.008.0010.001.441.54
The chart of Omega ratio for VEMIX, currently valued at 1.18, compared to the broader market0.501.001.502.002.503.003.501.181.19
The chart of Calmar ratio for VEMIX, currently valued at 0.54, compared to the broader market0.002.004.006.008.0010.0012.0014.000.540.66
The chart of Martin ratio for VEMIX, currently valued at 3.90, compared to the broader market0.0020.0040.0060.003.904.30
VEMIX
VWO

The current VEMIX Sharpe Ratio is 0.98, which is comparable to the VWO Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of VEMIX and VWO, 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
0.98
1.05
VEMIX
VWO

Dividends

VEMIX vs. VWO - Dividend Comparison

VEMIX's dividend yield for the trailing twelve months is around 0.76%, less than VWO's 3.17% yield.


TTM20232022202120202019201820172016201520142013
VEMIX
Vanguard Emerging Markets Stock Index Fund Institutional Shares
0.76%3.51%4.09%2.61%1.91%3.23%2.89%2.33%2.55%3.29%2.88%2.79%
VWO
Vanguard FTSE Emerging Markets ETF
3.17%3.52%4.11%2.63%1.91%3.24%2.88%2.30%2.52%3.26%2.86%2.73%

Drawdowns

VEMIX vs. VWO - Drawdown Comparison

The maximum VEMIX drawdown since its inception was -66.43%, roughly equal to the maximum VWO drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for VEMIX and VWO. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%JulyAugustSeptemberOctoberNovemberDecember
-12.14%
-10.25%
VEMIX
VWO

Volatility

VEMIX vs. VWO - Volatility Comparison

The current volatility for Vanguard Emerging Markets Stock Index Fund Institutional Shares (VEMIX) is 3.81%, while Vanguard FTSE Emerging Markets ETF (VWO) has a volatility of 4.30%. This indicates that VEMIX experiences smaller price fluctuations and is considered to be less risky than VWO 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%7.00%JulyAugustSeptemberOctoberNovemberDecember
3.81%
4.30%
VEMIX
VWO
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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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