VMMSX vs. GPMCX
Compare and contrast key facts about Vanguard Emerging Markets Select Stock Fund (VMMSX) and Grandeur Peak Global Micro Cap Fund (GPMCX).
VMMSX is managed by Vanguard. It was launched on Jun 27, 2011. GPMCX is managed by Grandeur Peak Funds. It was launched on Oct 19, 2015.
Performance
VMMSX vs. GPMCX - Performance Comparison
Loading graphics...
VMMSX vs. GPMCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VMMSX Vanguard Emerging Markets Select Stock Fund | 0.57% | 35.68% | 5.91% | 10.58% | -18.15% | -1.40% | 15.79% | 21.42% | -12.53% | 32.01% |
GPMCX Grandeur Peak Global Micro Cap Fund | -11.91% | 13.25% | 3.22% | 12.46% | -31.66% | 17.27% | 53.02% | 23.79% | -17.74% | 31.50% |
Returns By Period
In the year-to-date period, VMMSX achieves a 0.57% return, which is significantly higher than GPMCX's -11.91% return. Over the past 10 years, VMMSX has outperformed GPMCX with an annualized return of 8.74%, while GPMCX has yielded a comparatively lower 7.66% annualized return.
VMMSX
- 1D
- -1.12%
- 1M
- -12.19%
- YTD
- 0.57%
- 6M
- 5.25%
- 1Y
- 29.49%
- 3Y*
- 14.96%
- 5Y*
- 4.13%
- 10Y*
- 8.74%
GPMCX
- 1D
- -0.87%
- 1M
- -11.40%
- YTD
- -11.91%
- 6M
- -12.19%
- 1Y
- 0.75%
- 3Y*
- 4.64%
- 5Y*
- -3.01%
- 10Y*
- 7.66%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VMMSX vs. GPMCX - Expense Ratio Comparison
VMMSX has a 0.84% expense ratio, which is lower than GPMCX's 1.85% expense ratio.
Return for Risk
VMMSX vs. GPMCX — Risk / Return Rank
VMMSX
GPMCX
VMMSX vs. GPMCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Select Stock Fund (VMMSX) and Grandeur Peak Global Micro Cap Fund (GPMCX). 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.
| VMMSX | GPMCX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.64 | -0.01 | +1.65 |
Sortino ratioReturn per unit of downside risk | 2.16 | 0.08 | +2.07 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.01 | +0.31 |
Calmar ratioReturn relative to maximum drawdown | 1.97 | -0.08 | +2.05 |
Martin ratioReturn relative to average drawdown | 7.99 | -0.26 | +8.24 |
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 graphics...
Sharpe Ratios by Period
| VMMSX | GPMCX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.64 | -0.01 | +1.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | -0.20 | +0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.52 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.52 | -0.26 |
Correlation
The correlation between VMMSX and GPMCX is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
VMMSX vs. GPMCX - Dividend Comparison
VMMSX's dividend yield for the trailing twelve months is around 2.30%, less than GPMCX's 3.78% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMMSX Vanguard Emerging Markets Select Stock Fund | 2.30% | 2.32% | 3.33% | 3.05% | 3.71% | 6.80% | 1.04% | 2.04% | 2.53% | 1.54% | 1.44% | 1.87% |
GPMCX Grandeur Peak Global Micro Cap Fund | 3.78% | 3.33% | 0.53% | 0.00% | 0.00% | 15.76% | 8.25% | 0.69% | 6.99% | 7.34% | 1.20% | 0.00% |
Drawdowns
VMMSX vs. GPMCX - Drawdown Comparison
The maximum VMMSX drawdown since its inception was -39.28%, smaller than the maximum GPMCX drawdown of -44.27%. Use the drawdown chart below to compare losses from any high point for VMMSX and GPMCX.
Loading graphics...
Drawdown Indicators
| VMMSX | GPMCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.28% | -44.27% | +4.99% |
Max Drawdown (1Y)Largest decline over 1 year | -13.46% | -13.75% | +0.29% |
Max Drawdown (5Y)Largest decline over 5 years | -37.39% | -44.27% | +6.88% |
Max Drawdown (10Y)Largest decline over 10 years | -38.82% | -44.27% | +5.45% |
Current DrawdownCurrent decline from peak | -13.46% | -26.28% | +12.82% |
Average DrawdownAverage peak-to-trough decline | -13.53% | -15.00% | +1.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.32% | 4.24% | -0.92% |
Volatility
VMMSX vs. GPMCX - Volatility Comparison
Vanguard Emerging Markets Select Stock Fund (VMMSX) has a higher volatility of 8.14% compared to Grandeur Peak Global Micro Cap Fund (GPMCX) at 5.42%. This indicates that VMMSX's price experiences larger fluctuations and is considered to be riskier than GPMCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VMMSX | GPMCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.14% | 5.42% | +2.72% |
Volatility (6M)Calculated over the trailing 6-month period | 12.78% | 10.02% | +2.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.75% | 14.86% | +2.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.52% | 14.97% | +2.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.27% | 14.77% | +3.50% |