VNIE vs. EFAV
VNIE (Vontobel International Equity Active ETF) and EFAV (iShares Edge MSCI Min Vol EAFE ETF) are both Foreign Large Cap Equities funds. VNIE is actively managed, while EFAV is passively managed. Over the past year, VNIE returned -2.11% vs 8.30% for EFAV. A 0.65 correlation means they provide meaningful diversification when combined. VNIE charges 0.60%/yr vs 0.20%/yr for EFAV.
Performance
VNIE vs. EFAV - Performance Comparison
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Returns By Period
In the year-to-date period, VNIE achieves a 1.52% return, which is significantly lower than EFAV's 3.14% return.
VNIE
- 1D
- -3.53%
- 1M
- -4.28%
- YTD
- 1.52%
- 6M
- 2.99%
- 1Y
- -2.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EFAV
- 1D
- -1.22%
- 1M
- -2.09%
- YTD
- 3.14%
- 6M
- 4.99%
- 1Y
- 8.30%
- 3Y*
- 12.50%
- 5Y*
- 6.03%
- 10Y*
- 5.76%
VNIE vs. EFAV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VNIE Vontobel International Equity Active ETF | 1.52% | -1.46% |
EFAV iShares Edge MSCI Min Vol EAFE ETF | 3.14% | 8.59% |
Correlation
The correlation between VNIE and EFAV is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since May 16, 2025 | 0.65 |
The correlation between VNIE and EFAV has been stable across timeframes, ranging from 0.63 to 0.65 - a consistent structural relationship.
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Return for Risk
VNIE vs. EFAV — Risk / Return Rank
VNIE
EFAV
VNIE vs. EFAV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vontobel International Equity Active ETF (VNIE) and iShares Edge MSCI Min Vol EAFE ETF (EFAV). 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.
| VNIE | EFAV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.28 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.15 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 1.31 | -1.48 |
| Martin ratioReturn relative to average drawdown | -0.44 | 3.58 | -4.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VNIE | EFAV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.14 | 0.81 | -0.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.51 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.44 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 0.53 | -0.53 |
Drawdowns
VNIE vs. EFAV - Drawdown Comparison
The maximum VNIE drawdown since its inception was -13.11%, smaller than the maximum EFAV drawdown of -27.56%. Use the drawdown chart below to compare losses from any high point for VNIE and EFAV.
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Drawdown Indicators
| VNIE | EFAV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.11% | -27.56% | +14.45% |
Max Drawdown (1Y)Largest decline over 1 year | -13.11% | -6.46% | -6.65% |
Max Drawdown (3Y)Largest decline over 3 years | — | -8.75% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.56% | — |
Current DrawdownCurrent decline from peak | -6.78% | -6.23% | -0.55% |
Average DrawdownAverage peak-to-trough decline | -4.24% | -4.77% | +0.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.15% | 2.35% | +2.80% |
Volatility
VNIE vs. EFAV - Volatility Comparison
Vontobel International Equity Active ETF (VNIE) has a higher volatility of 6.43% compared to iShares Edge MSCI Min Vol EAFE ETF (EFAV) at 3.09%. This indicates that VNIE's price experiences larger fluctuations and is considered to be riskier than EFAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VNIE | EFAV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.43% | 3.09% | +3.34% |
Volatility (6M)Calculated over the trailing 6-month period | 14.17% | 8.28% | +5.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.79% | 10.40% | +5.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.53% | 11.80% | +3.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.53% | 13.21% | +2.32% |
VNIE vs. EFAV - Expense Ratio Comparison
VNIE has a 0.60% expense ratio, which is higher than EFAV's 0.20% expense ratio.
Dividends
VNIE vs. EFAV - Dividend Comparison
VNIE's dividend yield for the trailing twelve months is around 0.32%, less than EFAV's 3.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFAV iShares Edge MSCI Min Vol EAFE ETF | 3.10% | 3.20% | 3.24% | 3.08% | 2.53% | 2.47% | 1.33% | 4.19% | 3.34% | 2.45% | 3.94% | 2.49% |
VNIE Vontobel International Equity Active ETF | 0.32% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VNIE and EFAV have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VNIE has higher volatility (6.43%) compared to EFAV (3.09%). In terms of maximum drawdown, VNIE dropped -13.11% vs EFAV's -27.56%.
On 1-year performance, EFAV leads with 8.30% vs -2.11% for VNIE. On fees, EFAV is cheaper at 0.20% per year. On volatility, EFAV has been the lower-risk option at 3.09%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, EFAV has performed better with a 8.30% return vs -2.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EFAV is cheaper with a 0.20% expense ratio, compared with 0.60% for VNIE.
EFAV has the higher dividend yield at 3.10%, compared with 0.32% for VNIE.
They also come from different issuers: Vontobel and iShares. Their fees differ too: 0.60% for VNIE and 0.20% for EFAV.
EFAV currently has the higher Sharpe Ratio (0.81 vs -0.14), 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.
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