VIDI vs. FRDM

Last updated Jun 13, 2026

VIDI (Vident International Equity Fund) and FRDM (Freedom 100 Emerging Markets ETF) are both exchange-traded funds - VIDI is a Foreign Large Cap Equities fund tracking the Vident International Equity Index, while FRDM is a Emerging Markets Diversified fund tracking the Life + Liberty Freedom 100 Emerging Markets Index. Both are passively managed. Over the past 5 years, VIDI returned 11.77%/yr vs 18.68%/yr for FRDM. Their correlation of 0.83 suggests significant overlap in exposure. VIDI charges 0.59%/yr vs 0.49%/yr for FRDM.

Performance

VIDI vs. FRDM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vident International Equity Fund (VIDI) and Freedom 100 Emerging Markets ETF (FRDM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VIDI achieves a 20.00% return, which is significantly lower than FRDM's 40.13% return.

VIDI

• 1D: -0.14%
• 1M: 0.64%
• YTD: 20.00%
• 6M: 22.09%
• 1Y: 42.87%
• 3Y*: 25.18%
• 5Y*: 11.77%
• 10Y*: 11.15%

FRDM

• 1D: 0.49%
• 1M: 5.45%
• YTD: 40.13%
• 6M: 46.37%
• 1Y: 84.22%
• 3Y*: 34.29%
• 5Y*: 18.68%
• 10Y*: —

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

VIDI vs. FRDM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VIDI Vident International Equity Fund	20.00%	41.83%	6.03%	18.92%	-13.83%	11.93%	1.18%	11.43%
FRDM Freedom 100 Emerging Markets ETF	40.13%	61.27%	1.70%	22.77%	-14.45%	6.13%	16.90%	12.23%

Correlation

The correlation between VIDI and FRDM is 0.83, 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	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since May 23, 2019	0.83

The correlation between VIDI and FRDM has been stable across timeframes, ranging from 0.81 to 0.83 - a consistent structural relationship.

VIDI vs. FRDM - Sectors Allocation Comparison

Sectors	VIDI	FRDM
Industrials	18.8%	8.6%
Financial Services	18.5%	22.1%
Technology	13.7%	41.1%
Consumer Cyclical	10.4%	7.8%
Basic Materials	8.4%	7.4%
Energy	8.0%	0.1%
Consumer Defensive	6.2%	2.2%
Healthcare	6.1%	1.8%
Communication Services	6.0%	3.9%
Utilities	3.1%	2.6%
Real Estate	0.8%	2.5%

Return for Risk

VIDI vs. FRDM — Risk / Return Rank

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

VIDI

VIDI Risk / Return Rank: 89
VIDI Sharpe Ratio Rank: 92
VIDI Sortino Ratio Rank: 90
VIDI Omega Ratio Rank: 91
VIDI Calmar Ratio Rank: 86
VIDI Martin Ratio Rank: 86

FRDM

FRDM Risk / Return Rank: 92
FRDM Sharpe Ratio Rank: 94
FRDM Sortino Ratio Rank: 90
FRDM Omega Ratio Rank: 92
FRDM Calmar Ratio Rank: 91
FRDM Martin Ratio Rank: 91

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.

VIDI vs. FRDM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vident International Equity Fund (VIDI) and Freedom 100 Emerging Markets ETF (FRDM). 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.

	VIDI	FRDM	Difference
Sharpe ratio: Return per unit of total volatility	2.81	3.15	-0.34
Sortino ratio: Return per unit of downside risk	3.69	3.68	+0.02
Omega ratio: Gain probability vs. loss probability	1.52	1.54	-0.03
Calmar ratio: Return relative to maximum drawdown	4.28	5.02	-0.74
Martin ratio: Return relative to average drawdown	15.89	19.36	-3.47

VIDI vs. FRDM - Sharpe Ratio Comparison

The current VIDI Sharpe Ratio is 2.81, which is comparable to the FRDM Sharpe Ratio of 3.15. The chart below compares the historical Sharpe Ratios of VIDI and FRDM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VIDI vs. FRDM - Drawdown Comparison

The maximum VIDI drawdown since its inception was -48.39%, which is greater than FRDM's maximum drawdown of -40.49%. Use the drawdown chart below to compare losses from any high point for VIDI and FRDM.

Drawdown Indicators

	VIDI	FRDM	Difference
Max Drawdown Largest peak-to-trough decline	-48.39%	-40.49%	-7.90%
Max Drawdown (1Y) Largest decline over 1 year	-10.07%	-16.87%	+6.80%
Max Drawdown (3Y) Largest decline over 3 years	-14.54%	-16.87%	+2.33%
Max Drawdown (5Y) Largest decline over 5 years	-29.44%	-29.25%	-0.19%
Max Drawdown (10Y) Largest decline over 10 years	-48.39%	—	—
Current Drawdown Current decline from peak	-3.10%	-4.36%	+1.26%
Average Drawdown Average peak-to-trough decline	-10.38%	-7.09%	-3.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.71%	4.37%	-1.66%

Volatility

VIDI vs. FRDM - Volatility Comparison

The current volatility for Vident International Equity Fund (VIDI) is 6.46%, while Freedom 100 Emerging Markets ETF (FRDM) has a volatility of 14.27%. This indicates that VIDI experiences smaller price fluctuations and is considered to be less risky than FRDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VIDI	FRDM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.46%	14.27%	-7.81%
Volatility (6M) Calculated over the trailing 6-month period	13.05%	24.39%	-11.34%
Volatility (1Y) Calculated over the trailing 1-year period	15.35%	26.86%	-11.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.10%	21.35%	-5.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.06%	23.09%	-5.03%

VIDI vs. FRDM - Expense Ratio Comparison

VIDI has a 0.59% expense ratio, which is higher than FRDM's 0.49% expense ratio.

Dividends

VIDI vs. FRDM - Dividend Comparison

VIDI's dividend yield for the trailing twelve months is around 3.70%, more than FRDM's 1.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FRDM Freedom 100 Emerging Markets ETF	1.56%	2.26%	2.53%	2.66%	2.72%	2.17%	1.11%	1.07%	0.00%	0.00%	0.00%	0.00%
VIDI Vident International Equity Fund	3.70%	4.26%	4.93%	4.14%	5.85%	4.62%	2.51%	3.35%	2.80%	2.21%	1.92%	2.25%

Frequently Asked Questions

Can I hold both VIDI and FRDM in my portfolio?

VIDI and FRDM have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VIDI or FRDM?

FRDM has higher volatility (14.27%) compared to VIDI (6.46%). In terms of maximum drawdown, VIDI dropped -48.39% vs FRDM's -40.49%.

Which ETF is better, VIDI or FRDM?

On 5-year performance, FRDM leads with 18.68% vs 11.77% for VIDI. On fees, FRDM is cheaper at 0.49% per year. On volatility, VIDI has been the lower-risk option at 6.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VIDI or FRDM?

Over the 5-year period, FRDM has performed better with a 18.68% return vs 11.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VIDI or FRDM?

FRDM is cheaper with a 0.49% expense ratio, compared with 0.59% for VIDI.

Which ETF pays a higher dividend yield, VIDI or FRDM?

VIDI has the higher dividend yield at 3.70%, compared with 1.56% for FRDM.

What is the main difference between VIDI and FRDM?

VIDI is categorized as Foreign Large Cap Equities, while FRDM is Emerging Markets Diversified. VIDI tracks Vident International Equity Index, while FRDM tracks Life + Liberty Freedom 100 Emerging Markets Index. They also come from different issuers: Vident and Freedom Funds. Their fees differ too: 0.59% for VIDI and 0.49% for FRDM.

Which has better risk-adjusted returns?

FRDM currently has the higher Sharpe Ratio (3.15 vs 2.81), 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.