VINEX vs. VEA
Compare and contrast key facts about Vanguard International Explorer Fund (VINEX) and Vanguard FTSE Developed Markets ETF (VEA).
VINEX is managed by Vanguard. It was launched on Nov 4, 1996. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VINEX or VEA.
Key characteristics
| VINEX | VEA | |
|---|---|---|
| YTD Return | 4.23% | 6.79% |
| 1Y Return | 18.11% | 18.86% |
| 3Y Return (Ann) | -5.64% | 1.54% |
| 5Y Return (Ann) | 2.86% | 6.20% |
| 10Y Return (Ann) | 4.25% | 5.52% |
| Sharpe Ratio | 1.23 | 1.45 |
| Sortino Ratio | 1.79 | 2.05 |
| Omega Ratio | 1.23 | 1.26 |
| Calmar Ratio | 0.59 | 1.49 |
| Martin Ratio | 6.56 | 8.01 |
| Ulcer Index | 2.79% | 2.35% |
| Daily Std Dev | 14.85% | 12.99% |
| Max Drawdown | -65.50% | -60.70% |
| Current Drawdown | -18.65% | -5.74% |
Correlation
The correlation between VINEX and VEA is 0.92, 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.
Performance
VINEX vs. VEA - Performance Comparison
In the year-to-date period, VINEX achieves a 4.23% return, which is significantly lower than VEA's 6.79% return. Over the past 10 years, VINEX has underperformed VEA with an annualized return of 4.25%, while VEA has yielded a comparatively higher 5.52% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VINEX vs. VEA - Expense Ratio Comparison
VINEX has a 0.40% expense ratio, which is higher than VEA's 0.05% expense ratio.
Risk-Adjusted Performance
VINEX vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard International Explorer Fund (VINEX) and Vanguard FTSE Developed Markets ETF (VEA). 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.
Dividends
VINEX vs. VEA - Dividend Comparison
VINEX's dividend yield for the trailing twelve months is around 2.37%, less than VEA's 2.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VINEX Vanguard International Explorer Fund | 2.37% | 2.47% | 1.74% | 2.29% | 1.06% | 2.51% | 1.92% | 2.10% | 1.95% | 1.55% | 1.98% | 2.28% |
VEA Vanguard FTSE Developed Markets ETF | 2.99% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% | 2.60% |
Drawdowns
VINEX vs. VEA - Drawdown Comparison
The maximum VINEX drawdown since its inception was -65.50%, which is greater than VEA's maximum drawdown of -60.70%. Use the drawdown chart below to compare losses from any high point for VINEX and VEA. For additional features, visit the drawdowns tool.
Volatility
VINEX vs. VEA - Volatility Comparison
The current volatility for Vanguard International Explorer Fund (VINEX) is 3.23%, while Vanguard FTSE Developed Markets ETF (VEA) has a volatility of 3.75%. This indicates that VINEX experiences smaller price fluctuations and is considered to be less risky than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.