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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.


-0.50.00.51.0
Correlation: 0.9

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.

190.00%200.00%210.00%220.00%230.00%NovemberDecember2025FebruaryMarchApril
209.38%
208.60%
VEMIX
VWO

Key characteristics

Sharpe Ratio

VEMIX:

0.82

VWO:

0.77

Sortino Ratio

VEMIX:

1.24

VWO:

1.18

Omega Ratio

VEMIX:

1.15

VWO:

1.14

Calmar Ratio

VEMIX:

0.57

VWO:

0.59

Martin Ratio

VEMIX:

2.42

VWO:

2.31

Ulcer Index

VEMIX:

4.57%

VWO:

5.12%

Daily Std Dev

VEMIX:

13.51%

VWO:

15.43%

Max Drawdown

VEMIX:

-66.43%

VWO:

-67.68%

Current Drawdown

VEMIX:

-8.05%

VWO:

-8.03%

Returns By Period

In the year-to-date period, VEMIX achieves a 2.58% return, which is significantly lower than VWO's 3.31% return. Both investments have delivered pretty close results over the past 10 years, with VEMIX having a 3.82% annualized return and VWO not far behind at 3.79%.


VEMIX

YTD

2.58%

1M

2.61%

6M

-5.05%

1Y

10.77%

5Y*

9.93%

10Y*

3.82%

VWO

YTD

3.31%

1M

2.70%

6M

-5.31%

1Y

11.48%

5Y*

10.20%

10Y*

3.79%

*Annualized

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 is 0.10%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VEMIX: 0.10%
Expense ratio chart for VWO: current value is 0.08%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VWO: 0.08%

Risk-Adjusted Performance

VEMIX vs. VWO — Risk-Adjusted Performance Rank

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

VEMIX
The Risk-Adjusted Performance Rank of VEMIX is 7272
Overall Rank
The Sharpe Ratio Rank of VEMIX is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of VEMIX is 7474
Sortino Ratio Rank
The Omega Ratio Rank of VEMIX is 7373
Omega Ratio Rank
The Calmar Ratio Rank of VEMIX is 7272
Calmar Ratio Rank
The Martin Ratio Rank of VEMIX is 6868
Martin Ratio Rank

VWO
The Risk-Adjusted Performance Rank of VWO is 6262
Overall Rank
The Sharpe Ratio Rank of VWO is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of VWO is 6767
Sortino Ratio Rank
The Omega Ratio Rank of VWO is 6666
Omega Ratio Rank
The Calmar Ratio Rank of VWO is 5656
Calmar Ratio Rank
The Martin Ratio Rank of VWO is 5757
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.

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 0.82, compared to the broader market-1.000.001.002.003.004.00
VEMIX: 0.82
VWO: 0.77
The chart of Sortino ratio for VEMIX, currently valued at 1.24, compared to the broader market0.002.004.006.008.00
VEMIX: 1.24
VWO: 1.18
The chart of Omega ratio for VEMIX, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.003.50
VEMIX: 1.15
VWO: 1.14
The chart of Calmar ratio for VEMIX, currently valued at 0.57, compared to the broader market0.002.004.006.008.0010.0012.00
VEMIX: 0.57
VWO: 0.59
The chart of Martin ratio for VEMIX, currently valued at 2.42, compared to the broader market0.0010.0020.0030.0040.0050.0060.00
VEMIX: 2.42
VWO: 2.31

The current VEMIX Sharpe Ratio is 0.82, which is comparable to the VWO Sharpe Ratio of 0.77. 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 Ratio1.001.502.002.50NovemberDecember2025FebruaryMarchApril
0.82
0.77
VEMIX
VWO

Dividends

VEMIX vs. VWO - Dividend Comparison

VEMIX's dividend yield for the trailing twelve months is around 3.01%, less than VWO's 3.12% yield.


TTM20242023202220212020201920182017201620152014
VEMIX
Vanguard Emerging Markets Stock Index Fund Institutional Shares
3.01%3.17%3.51%4.09%2.61%1.91%3.23%2.89%2.33%2.55%3.29%2.88%
VWO
Vanguard FTSE Emerging Markets ETF
3.12%3.20%3.52%4.11%2.63%1.91%3.24%2.88%2.30%2.52%3.26%2.86%

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.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%NovemberDecember2025FebruaryMarchApril
-8.05%
-8.03%
VEMIX
VWO

Volatility

VEMIX vs. VWO - Volatility Comparison

Vanguard Emerging Markets Stock Index Fund Institutional Shares (VEMIX) and Vanguard FTSE Emerging Markets ETF (VWO) have volatilities of 5.06% and 5.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%NovemberDecember2025FebruaryMarchApril
5.06%
5.10%
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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