VEMY vs. VLUE
VEMY (Virtus Stone Harbor Emerging Markets High Yield Bond ETF) and VLUE (iShares MSCI USA Value Factor ETF) are both exchange-traded funds - VEMY is a Emerging Markets Bonds fund actively managed by Virtus, while VLUE is a Large Cap Value Equities fund tracking the MSCI USA Enhanced Value Index. VEMY is actively managed, while VLUE is passively managed. Over the past 3 years, VEMY returned 15.16%/yr vs 31.47%/yr for VLUE. At a 0.50 correlation, their price movements are largely independent. VEMY charges 0.58%/yr vs 0.15%/yr for VLUE.
Performance
VEMY vs. VLUE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VEMY achieves a 6.44% return, which is significantly lower than VLUE's 45.72% return.
VEMY
- 1D
- 0.21%
- 1M
- 1.32%
- YTD
- 6.44%
- 6M
- 6.86%
- 1Y
- 18.56%
- 3Y*
- 15.16%
- 5Y*
- —
- 10Y*
- —
VLUE
- 1D
- 0.40%
- 1M
- 7.72%
- YTD
- 45.72%
- 6M
- 46.53%
- 1Y
- 85.32%
- 3Y*
- 31.47%
- 5Y*
- 16.01%
- 10Y*
- 15.38%
VEMY vs. VLUE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
VEMY Virtus Stone Harbor Emerging Markets High Yield Bond ETF | 6.44% | 15.27% | 13.48% | 14.45% | -1.43% |
VLUE iShares MSCI USA Value Factor ETF | 45.72% | 32.67% | 7.25% | 14.26% | -4.07% |
Correlation
The correlation between VEMY and VLUE is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2022 | 0.50 |
The correlation between VEMY and VLUE has been stable across timeframes, ranging from 0.50 to 0.51 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VEMY vs. VLUE — Risk / Return Rank
VEMY
VLUE
VEMY vs. VLUE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Stone Harbor Emerging Markets High Yield Bond ETF (VEMY) and iShares MSCI USA Value Factor ETF (VLUE). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VEMY | VLUE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.57 | ||
| Sortino ratioReturn per unit of downside risk | -1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.77 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.52 | 9.25 | -4.73 |
| Martin ratioReturn relative to average drawdown | 21.45 | 39.16 | -17.72 |
Loading charts...
Drawdowns
VEMY vs. VLUE - Drawdown Comparison
The maximum VEMY drawdown since its inception was -8.77%, smaller than the maximum VLUE drawdown of -39.47%. Use the drawdown chart below to compare losses from any high point for VEMY and VLUE.
Loading charts...
Drawdown Indicators
| VEMY | VLUE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.77% | -39.47% | +30.70% |
Max Drawdown (1Y)Largest decline over 1 year | -4.00% | -9.04% | +5.04% |
Max Drawdown (3Y)Largest decline over 3 years | -6.57% | -17.89% | +11.32% |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.47% | — |
Current DrawdownCurrent decline from peak | 0.00% | -2.61% | +2.61% |
Average DrawdownAverage peak-to-trough decline | -1.30% | -6.01% | +4.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.84% | 2.13% | -1.29% |
Volatility
VEMY vs. VLUE - Volatility Comparison
The current volatility for Virtus Stone Harbor Emerging Markets High Yield Bond ETF (VEMY) is 1.64%, while iShares MSCI USA Value Factor ETF (VLUE) has a volatility of 8.83%. This indicates that VEMY experiences smaller price fluctuations and is considered to be less risky than VLUE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VEMY | VLUE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.64% | 8.83% | -7.19% |
Volatility (6M)Calculated over the trailing 6-month period | 4.71% | 15.31% | -10.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.08% | 18.38% | -12.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.62% | 18.00% | -10.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.62% | 19.91% | -12.29% |
VEMY vs. VLUE - Expense Ratio Comparison
VEMY has a 0.58% expense ratio, which is higher than VLUE's 0.15% expense ratio.
Dividends
VEMY vs. VLUE - Dividend Comparison
VEMY's dividend yield for the trailing twelve months is around 8.33%, more than VLUE's 1.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEMY Virtus Stone Harbor Emerging Markets High Yield Bond ETF | 8.33% | 8.89% | 10.28% | 9.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VLUE iShares MSCI USA Value Factor ETF | 1.43% | 2.11% | 2.73% | 2.66% | 3.18% | 2.22% | 2.42% | 2.61% | 2.70% | 2.14% | 2.07% | 2.39% |
Frequently Asked Questions
VEMY and VLUE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VLUE has higher volatility (8.83%) compared to VEMY (1.64%). In terms of maximum drawdown, VEMY dropped -8.77% vs VLUE's -39.47%.
On 3-year performance, VLUE leads with 31.47% vs 15.16% for VEMY. On fees, VLUE is cheaper at 0.15% per year. On volatility, VEMY has been the lower-risk option at 1.64%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, VLUE has performed better with a 31.47% return vs 15.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VLUE is cheaper with a 0.15% expense ratio, compared with 0.58% for VEMY.
VEMY has the higher dividend yield at 8.33%, compared with 1.43% for VLUE.
VEMY is categorized as Emerging Markets Bonds, while VLUE is Large Cap Value Equities. They also come from different issuers: Virtus and iShares. Their fees differ too: 0.58% for VEMY and 0.15% for VLUE.
VLUE currently has the higher Sharpe Ratio (4.55 vs 2.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for VEMY and VLUE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer