VFEM.DE vs. FVEM.DE
VFEM.DE (Vanguard FTSE Emerging Markets UCITS ETF Distributing) and FVEM.DE (Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation) are both Emerging Markets Equities funds - VFEM.DE tracks the MSCI EM NR USD while FVEM.DE tracks the MSCI Emerging Markets Climate Paris Aligned. Both are passively managed. Over the past 3 years, VFEM.DE returned 15.05%/yr vs 18.13%/yr for FVEM.DE. Their correlation of 0.92 suggests significant overlap in exposure. VFEM.DE charges 0.22%/yr vs 0.18%/yr for FVEM.DE.
Performance
VFEM.DE vs. FVEM.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VFEM.DE achieves a 12.66% return, which is significantly lower than FVEM.DE's 25.43% return.
VFEM.DE
- 1D
- -0.53%
- 1M
- 2.23%
- YTD
- 12.66%
- 6M
- 13.06%
- 1Y
- 26.52%
- 3Y*
- 15.05%
- 5Y*
- 6.01%
- 10Y*
- —
FVEM.DE
- 1D
- -1.33%
- 1M
- 4.58%
- YTD
- 25.43%
- 6M
- 27.21%
- 1Y
- 47.18%
- 3Y*
- 18.13%
- 5Y*
- —
- 10Y*
- —
VFEM.DE vs. FVEM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
VFEM.DE Vanguard FTSE Emerging Markets UCITS ETF Distributing | 12.66% | 11.40% | 19.82% | 2.72% |
FVEM.DE Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation | 25.43% | 17.23% | 13.32% | 0.60% |
Correlation
The correlation between VFEM.DE and FVEM.DE is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Mar 13, 2023 | 0.92 |
The correlation between VFEM.DE and FVEM.DE has been stable across timeframes, ranging from 0.91 to 0.92 - 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
VFEM.DE vs. FVEM.DE — Risk / Return Rank
VFEM.DE
FVEM.DE
VFEM.DE vs. FVEM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Emerging Markets UCITS ETF Distributing (VFEM.DE) and Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation (FVEM.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.
| VFEM.DE | FVEM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.86 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.47 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.11 | 4.42 | -1.31 |
| Martin ratioReturn relative to average drawdown | 10.36 | 16.79 | -6.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| VFEM.DE | FVEM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.80 | 2.66 | -0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 1.08 | -0.71 |
Drawdowns
VFEM.DE vs. FVEM.DE - Drawdown Comparison
The maximum VFEM.DE drawdown since its inception was -31.59%, which is greater than FVEM.DE's maximum drawdown of -18.76%. Use the drawdown chart below to compare losses from any high point for VFEM.DE and FVEM.DE.
Loading charts...
Drawdown Indicators
| VFEM.DE | FVEM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.59% | -18.76% | -12.83% |
Max Drawdown (1Y)Largest decline over 1 year | -8.49% | -10.62% | +2.13% |
Max Drawdown (3Y)Largest decline over 3 years | -18.56% | -18.76% | +0.20% |
Max Drawdown (5Y)Largest decline over 5 years | -20.11% | — | — |
Current DrawdownCurrent decline from peak | -1.73% | -2.08% | +0.35% |
Average DrawdownAverage peak-to-trough decline | -8.24% | -3.46% | -4.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 2.80% | -0.25% |
Volatility
VFEM.DE vs. FVEM.DE - Volatility Comparison
The current volatility for Vanguard FTSE Emerging Markets UCITS ETF Distributing (VFEM.DE) is 5.44%, while Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation (FVEM.DE) has a volatility of 7.26%. This indicates that VFEM.DE experiences smaller price fluctuations and is considered to be less risky than FVEM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VFEM.DE | FVEM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.44% | 7.26% | -1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 11.70% | 14.82% | -3.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.69% | 17.67% | -2.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.93% | 16.04% | -0.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.20% | 16.04% | +2.16% |
VFEM.DE vs. FVEM.DE - Expense Ratio Comparison
VFEM.DE has a 0.22% expense ratio, which is higher than FVEM.DE's 0.18% 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%.
Dividends
VFEM.DE vs. FVEM.DE - Dividend Comparison
VFEM.DE's dividend yield for the trailing twelve months is around 2.04%, while FVEM.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FVEM.DE Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VFEM.DE Vanguard FTSE Emerging Markets UCITS ETF Distributing | 2.04% | 2.39% | 2.28% | 2.66% | 3.38% | 2.26% | 1.93% | 2.32% | 2.79% | 0.20% |
Frequently Asked Questions
With a correlation of 0.91, VFEM.DE and FVEM.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, FVEM.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FVEM.DE is cheaper with a 0.18% expense ratio, compared with 0.22% for VFEM.DE.
VFEM.DE tracks MSCI EM NR USD, while FVEM.DE tracks MSCI Emerging Markets Climate Paris Aligned. They also come from different issuers: Vanguard and Franklin Templeton. Their fees differ too: 0.22% for VFEM.DE and 0.18% for FVEM.DE.
Find the right allocation for VFEM.DE and FVEM.DE
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