VFEA.DE vs. SPYV.DE

Last updated Jun 5, 2026

VFEA.DE (Vanguard FTSE Emerging Markets UCITS ETF Acc) and SPYV.DE (SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist)) are both Emerging Markets Equities funds - VFEA.DE tracks the FTSE Emerging while SPYV.DE tracks the S&P Emerging Markets High Yield Dividend Aristocrats. Both are passively managed. Over the past 5 years, VFEA.DE returned 5.93%/yr vs 6.00%/yr for SPYV.DE. A 0.77 correlation means they provide meaningful diversification when combined. VFEA.DE charges 0.22%/yr vs 0.55%/yr for SPYV.DE.

Performance

VFEA.DE vs. SPYV.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard FTSE Emerging Markets UCITS ETF Acc (VFEA.DE) and SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist) (SPYV.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VFEA.DE achieves a 12.59% return, which is significantly higher than SPYV.DE's 5.71% return.

VFEA.DE

• 1D: -0.47%
• 1M: 2.09%
• YTD: 12.59%
• 6M: 13.26%
• 1Y: 26.84%
• 3Y*: 15.02%
• 5Y*: 5.93%
• 10Y*: —

SPYV.DE

• 1D: -0.23%
• 1M: -1.55%
• YTD: 5.71%
• 6M: 4.21%
• 1Y: 10.75%
• 3Y*: 9.94%
• 5Y*: 6.00%
• 10Y*: 6.23%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VFEA.DE vs. SPYV.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VFEA.DE Vanguard FTSE Emerging Markets UCITS ETF Acc	12.59%	11.25%	19.29%	3.31%	-10.70%	6.34%	3.46%	9.82%
SPYV.DE SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist)	5.71%	6.33%	21.05%	1.39%	-2.70%	6.51%	-11.03%	5.15%

Correlation

The correlation between VFEA.DE and SPYV.DE is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (All Time) Calculated using the full available price history since Sep 27, 2019	0.77

The correlation between VFEA.DE and SPYV.DE has been stable across timeframes, ranging from 0.72 to 0.77 - a consistent structural relationship.

Return for Risk

VFEA.DE vs. SPYV.DE — Risk / Return Rank

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

VFEA.DE

VFEA.DE Risk / Return Rank: 58
VFEA.DE Sharpe Ratio Rank: 54
VFEA.DE Sortino Ratio Rank: 55
VFEA.DE Omega Ratio Rank: 53
VFEA.DE Calmar Ratio Rank: 65
VFEA.DE Martin Ratio Rank: 61

SPYV.DE

SPYV.DE Risk / Return Rank: 26
SPYV.DE Sharpe Ratio Rank: 26
SPYV.DE Sortino Ratio Rank: 26
SPYV.DE Omega Ratio Rank: 25
SPYV.DE Calmar Ratio Rank: 27
SPYV.DE Martin Ratio Rank: 25

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VFEA.DE vs. SPYV.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Emerging Markets UCITS ETF Acc (VFEA.DE) and SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist) (SPYV.DE). 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.

	VFEA.DE	SPYV.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.82	0.92	+0.90
Sortino ratio: Return per unit of downside risk	2.60	1.39	+1.22
Omega ratio: Gain probability vs. loss probability	1.33	1.16	+0.16
Calmar ratio: Return relative to maximum drawdown	3.17	1.31	+1.85
Martin ratio: Return relative to average drawdown	10.71	3.29	+7.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VFEA.DE vs. SPYV.DE - Sharpe Ratio Comparison

The current VFEA.DE Sharpe Ratio is 1.82, which is higher than the SPYV.DE Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of VFEA.DE and SPYV.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VFEA.DE	SPYV.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	0.92	+0.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	0.40	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.18	+0.26

Drawdowns

VFEA.DE vs. SPYV.DE - Drawdown Comparison

The maximum VFEA.DE drawdown since its inception was -30.51%, smaller than the maximum SPYV.DE drawdown of -43.79%. Use the drawdown chart below to compare losses from any high point for VFEA.DE and SPYV.DE.

Drawdown Indicators

	VFEA.DE	SPYV.DE	Difference
Max Drawdown Largest peak-to-trough decline	-30.51%	-43.79%	+13.28%
Max Drawdown (1Y) Largest decline over 1 year	-8.44%	-8.15%	-0.29%
Max Drawdown (3Y) Largest decline over 3 years	-18.97%	-16.93%	-2.04%
Max Drawdown (5Y) Largest decline over 5 years	-19.99%	-17.58%	-2.41%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.19%	—
Current Drawdown Current decline from peak	-1.85%	-5.09%	+3.24%
Average Drawdown Average peak-to-trough decline	-8.59%	-12.48%	+3.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.50%	3.26%	-0.76%

Volatility

VFEA.DE vs. SPYV.DE - Volatility Comparison

Vanguard FTSE Emerging Markets UCITS ETF Acc (VFEA.DE) has a higher volatility of 5.45% compared to SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist) (SPYV.DE) at 3.51%. This indicates that VFEA.DE's price experiences larger fluctuations and is considered to be riskier than SPYV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VFEA.DE	SPYV.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.45%	3.51%	+1.94%
Volatility (6M) Calculated over the trailing 6-month period	11.82%	8.37%	+3.45%
Volatility (1Y) Calculated over the trailing 1-year period	14.70%	11.72%	+2.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.69%	15.03%	+0.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.20%	17.36%	+0.84%

VFEA.DE vs. SPYV.DE - Expense Ratio Comparison

VFEA.DE has a 0.22% expense ratio, which is lower than SPYV.DE's 0.55% expense ratio.

Dividends

VFEA.DE vs. SPYV.DE - Dividend Comparison

VFEA.DE has not paid dividends to shareholders, while SPYV.DE's dividend yield for the trailing twelve months is around 3.83%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPYV.DE SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist)	3.83%	3.96%	4.01%	4.96%	4.71%	3.21%	3.29%	3.59%	3.58%	2.96%	4.34%	5.98%
VFEA.DE Vanguard FTSE Emerging Markets UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VFEA.DE and SPYV.DE in my portfolio?

VFEA.DE and SPYV.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VFEA.DE or SPYV.DE?

On fees, VFEA.DE is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VFEA.DE or SPYV.DE?

VFEA.DE is cheaper with a 0.22% expense ratio, compared with 0.55% for SPYV.DE.

What is the main difference between VFEA.DE and SPYV.DE?

VFEA.DE tracks FTSE Emerging, while SPYV.DE tracks S&P Emerging Markets High Yield Dividend Aristocrats. They also come from different issuers: Vanguard and State Street. Their fees differ too: 0.22% for VFEA.DE and 0.55% for SPYV.DE.