VNM vs. SOYB
VNM (VanEck Vectors Vietnam ETF) and SOYB (Teucrium Soybean Fund) are both exchange-traded funds - VNM is a Asia Pacific Equities fund tracking the MVIS Vietnam Index, while SOYB is a Agricultural Commodities fund tracking the Teucrium Soybean Fund Benchmark. Both are passively managed. Over the past 10 years, VNM returned 3.26%/yr vs 3.05%/yr for SOYB. Their 0.10 correlation means their historical movements had little consistent relationship. VNM charges 0.68%/yr vs 1.88%/yr for SOYB.
Performance
VNM vs. SOYB - Performance Comparison
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Returns By Period
In the year-to-date period, VNM achieves a -8.28% return, which is significantly lower than SOYB's 15.46% return. Over the past 10 years, VNM has outperformed SOYB with an annualized return of 3.26%, while SOYB has yielded a comparatively lower 3.05% annualized return.
VNM
- 1D
- 3.06%
- 1M
- -5.35%
- 6M
- -6.77%
- YTD
- -8.28%
- 1Y
- 9.95%
- 3Y*
- 7.02%
- 5Y*
- -1.14%
- 10Y*
- 3.26%
- ALL TIME*
- -0.96%
SOYB
- 1D
- 0.32%
- 1M
- 3.27%
- 6M
- 14.10%
- YTD
- 15.46%
- 1Y
- 19.00%
- 3Y*
- -3.26%
- 5Y*
- 2.04%
- 10Y*
- 3.05%
- ALL TIME*
- 0.19%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.54M | $2.17M | $2.66M | |
| $13.14M | $11.75M | $11.73M |
VNM vs. SOYB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VNM VanEck Vectors Vietnam ETF | -8.28% | 66.55% | -11.15% | 15.01% | -43.74% | 22.05% | 9.84% | 9.24% | -16.83% | 38.80% |
SOYB Teucrium Soybean Fund | 15.46% | 1.77% | -20.48% | -5.23% | 25.27% | 16.85% | 22.99% | -2.16% | -9.51% | -6.38% |
Correlation
The correlation between VNM and SOYB is -0.25, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.25 |
Correlation (3Y) Balances recent behavior with more history. | -0.03 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.02 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.07 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2011 | 0.10 |
The correlation between VNM and SOYB shifts across timeframes, from -0.25 (1 year) to 0.10 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VNM vs. SOYB — Risk / Return Rank
VNM
SOYB
VNM vs. SOYB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Vietnam ETF (VNM) and Teucrium Soybean Fund (SOYB). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VNM | SOYB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -1.33 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.26 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | 2.17 | -1.60 |
| Martin ratioReturn relative to average drawdown | 1.25 | 5.70 | -4.45 |
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Drawdowns
VNM vs. SOYB - Drawdown Comparison
The maximum VNM drawdown since its inception was -63.19%, which is greater than SOYB's maximum drawdown of -53.76%. Use the drawdown chart below to compare losses from any high point for VNM and SOYB.
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Drawdown Indicators
| VNM | SOYB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.19% | -53.76% | -9.43% |
Max Drawdown (1Y)Largest decline over 1 year | -17.47% | -8.78% | -8.69% |
Max Drawdown (3Y)Largest decline over 3 years | -31.60% | -30.61% | -0.99% |
Max Drawdown (5Y)Largest decline over 5 years | -49.95% | -31.01% | -18.94% |
Max Drawdown (10Y)Largest decline over 10 years | -51.67% | -33.93% | -17.74% |
Current DrawdownCurrent decline from peak | -28.57% | -13.89% | -14.68% |
Average DrawdownAverage peak-to-trough decline | -37.73% | -25.64% | -12.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.98% | 3.34% | +4.64% |
Volatility
VNM vs. SOYB - Volatility Comparison
VanEck Vectors Vietnam ETF (VNM) has a higher volatility of 8.83% compared to Teucrium Soybean Fund (SOYB) at 5.45%. This indicates that VNM's price experiences larger fluctuations and is considered to be riskier than SOYB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VNM | SOYB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.83% | 5.45% | +3.38% |
Volatility (6M)Calculated over the trailing 6-month period | 18.63% | 10.09% | +8.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.88% | 13.38% | +13.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.49% | 17.10% | +7.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.53% | 16.70% | +6.83% |
VNM vs. SOYB - Expense Ratio Comparison
VNM has a 0.68% expense ratio, which is lower than SOYB's 1.88% expense ratio.
Dividends
VNM vs. SOYB - Dividend Comparison
VNM's dividend yield for the trailing twelve months is around 0.22%, while SOYB has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOYB Teucrium Soybean Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VNM VanEck Vectors Vietnam ETF | 0.22% | 0.20% | 0.00% | 5.21% | 0.96% | 0.49% | 0.40% | 0.76% | 0.83% | 1.14% | 2.44% | 3.69% |
Frequently Asked Questions
VNM and SOYB have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VNM has higher volatility (8.83%) compared to SOYB (5.45%). In terms of maximum drawdown, VNM dropped -63.19% vs SOYB's -53.76%.
On 10-year performance, VNM leads with 3.26% vs 3.05% for SOYB. On fees, VNM is cheaper at 0.68% per year. On volatility, SOYB has been the lower-risk option at 5.45%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, VNM has performed better with a 3.26% return vs 3.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VNM is cheaper with a 0.68% expense ratio, compared with 1.88% for SOYB.
VNM has the higher dividend yield at 0.22%, compared with 0.00% for SOYB.
VNM is categorized as Asia Pacific Equities, while SOYB is Agricultural Commodities. VNM tracks MVIS Vietnam Index, while SOYB tracks Teucrium Soybean Fund Benchmark. They also come from different issuers: VanEck and Teucrium. Their fees differ too: 0.68% for VNM and 1.88% for SOYB.
SOYB currently has the higher Sharpe Ratio (1.43 vs 0.37), 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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