VMMSX vs. VOO
Compare and contrast key facts about Vanguard Emerging Markets Select Stock Fund (VMMSX) and Vanguard S&P 500 ETF (VOO).
VMMSX is managed by Vanguard. It was launched on Jun 27, 2011. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VMMSX or VOO.
Key characteristics
| VMMSX | VOO | |
|---|---|---|
| YTD Return | 9.58% | 26.88% |
| 1Y Return | 16.93% | 37.59% |
| 3Y Return (Ann) | -1.95% | 10.23% |
| 5Y Return (Ann) | 4.07% | 15.93% |
| 10Y Return (Ann) | 4.02% | 13.41% |
| Sharpe Ratio | 1.05 | 3.06 |
| Sortino Ratio | 1.56 | 4.08 |
| Omega Ratio | 1.19 | 1.58 |
| Calmar Ratio | 0.64 | 4.43 |
| Martin Ratio | 4.87 | 20.25 |
| Ulcer Index | 3.45% | 1.85% |
| Daily Std Dev | 15.95% | 12.23% |
| Max Drawdown | -39.28% | -33.99% |
| Current Drawdown | -13.91% | -0.30% |
Correlation
The correlation between VMMSX and VOO is 0.71, 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
VMMSX vs. VOO - Performance Comparison
In the year-to-date period, VMMSX achieves a 9.58% return, which is significantly lower than VOO's 26.88% return. Over the past 10 years, VMMSX has underperformed VOO with an annualized return of 4.02%, while VOO has yielded a comparatively higher 13.41% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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. VOO - Expense Ratio Comparison
VMMSX has a 0.84% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
VMMSX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Select Stock Fund (VMMSX) and Vanguard S&P 500 ETF (VOO). 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
VMMSX vs. VOO - Dividend Comparison
VMMSX's dividend yield for the trailing twelve months is around 2.78%, more than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMMSX Vanguard Emerging Markets Select Stock Fund | 2.78% | 3.04% | 3.71% | 1.99% | 1.04% | 2.04% | 2.53% | 1.54% | 1.44% | 1.87% | 1.39% | 1.32% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
VMMSX vs. VOO - Drawdown Comparison
The maximum VMMSX drawdown since its inception was -39.28%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VMMSX and VOO. For additional features, visit the drawdowns tool.
Volatility
VMMSX vs. VOO - Volatility Comparison
Vanguard Emerging Markets Select Stock Fund (VMMSX) has a higher volatility of 5.35% compared to Vanguard S&P 500 ETF (VOO) at 3.89%. This indicates that VMMSX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.