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VMMSX vs. GSY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VMMSX and GSY is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.1

Performance

VMMSX vs. GSY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Emerging Markets Select Stock Fund (VMMSX) and Invesco Ultra Short Duration ETF (GSY). The values are adjusted to include any dividend payments, if applicable.

30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
46.02%
32.25%
VMMSX
GSY

Key characteristics

Sharpe Ratio

VMMSX:

0.70

GSY:

11.17

Sortino Ratio

VMMSX:

1.07

GSY:

26.96

Omega Ratio

VMMSX:

1.13

GSY:

6.00

Calmar Ratio

VMMSX:

0.41

GSY:

60.48

Martin Ratio

VMMSX:

2.32

GSY:

332.25

Ulcer Index

VMMSX:

4.59%

GSY:

0.02%

Daily Std Dev

VMMSX:

15.14%

GSY:

0.54%

Max Drawdown

VMMSX:

-39.28%

GSY:

-12.14%

Current Drawdown

VMMSX:

-16.08%

GSY:

0.00%

Returns By Period

In the year-to-date period, VMMSX achieves a 6.82% return, which is significantly higher than GSY's 5.75% return. Over the past 10 years, VMMSX has outperformed GSY with an annualized return of 4.39%, while GSY has yielded a comparatively lower 2.46% annualized return.


VMMSX

YTD

6.82%

1M

-2.00%

6M

0.32%

1Y

9.04%

5Y*

2.11%

10Y*

4.39%

GSY

YTD

5.75%

1M

0.44%

6M

2.97%

1Y

5.98%

5Y*

2.75%

10Y*

2.46%

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. GSY - Expense Ratio Comparison

VMMSX has a 0.84% expense ratio, which is higher than GSY's 0.22% expense ratio.


VMMSX
Vanguard Emerging Markets Select Stock Fund
Expense ratio chart for VMMSX: current value at 0.84% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.84%
Expense ratio chart for GSY: current value at 0.22% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.22%

Risk-Adjusted Performance

VMMSX vs. GSY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Select Stock Fund (VMMSX) and Invesco Ultra Short Duration ETF (GSY). 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.


Sharpe ratio
The chart of Sharpe ratio for VMMSX, currently valued at 0.70, compared to the broader market-1.000.001.002.003.004.000.7011.17
The chart of Sortino ratio for VMMSX, currently valued at 1.07, compared to the broader market-2.000.002.004.006.008.0010.001.0726.96
The chart of Omega ratio for VMMSX, currently valued at 1.13, compared to the broader market0.501.001.502.002.503.003.501.136.00
The chart of Calmar ratio for VMMSX, currently valued at 0.41, compared to the broader market0.002.004.006.008.0010.0012.0014.000.4160.48
The chart of Martin ratio for VMMSX, currently valued at 2.32, compared to the broader market0.0020.0040.0060.002.32332.25
VMMSX
GSY

The current VMMSX Sharpe Ratio is 0.70, which is lower than the GSY Sharpe Ratio of 11.17. The chart below compares the historical Sharpe Ratios of VMMSX and GSY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.002.004.006.008.0010.0012.00JulyAugustSeptemberOctoberNovemberDecember
0.70
11.17
VMMSX
GSY

Dividends

VMMSX vs. GSY - Dividend Comparison

VMMSX has not paid dividends to shareholders, while GSY's dividend yield for the trailing twelve months is around 4.89%.


TTM20232022202120202019201820172016201520142013
VMMSX
Vanguard Emerging Markets Select Stock Fund
0.00%3.04%3.71%1.99%1.04%2.04%2.53%1.54%1.44%1.87%1.39%1.32%
GSY
Invesco Ultra Short Duration ETF
4.89%4.95%1.70%0.58%1.60%2.91%2.42%2.02%1.30%1.17%1.29%1.15%

Drawdowns

VMMSX vs. GSY - Drawdown Comparison

The maximum VMMSX drawdown since its inception was -39.28%, which is greater than GSY's maximum drawdown of -12.14%. Use the drawdown chart below to compare losses from any high point for VMMSX and GSY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-16.08%
0
VMMSX
GSY

Volatility

VMMSX vs. GSY - Volatility Comparison

Vanguard Emerging Markets Select Stock Fund (VMMSX) has a higher volatility of 3.31% compared to Invesco Ultra Short Duration ETF (GSY) at 0.13%. This indicates that VMMSX's price experiences larger fluctuations and is considered to be riskier than GSY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
3.31%
0.13%
VMMSX
GSY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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