VNM vs. SPY
Compare and contrast key facts about VanEck Vectors Vietnam ETF (VNM) and SPDR S&P 500 ETF (SPY).
VNM and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VNM is a passively managed fund by VanEck that tracks the performance of the MVIS Vietnam Index. It was launched on Aug 11, 2009. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both VNM and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VNM or SPY.
Performance
VNM vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, VNM achieves a -11.84% return, which is significantly lower than SPY's 25.36% return. Over the past 10 years, VNM has underperformed SPY with an annualized return of -4.24%, while SPY has yielded a comparatively higher 13.07% annualized return.
VNM
-11.84%
-7.02%
-11.71%
-9.60%
-5.22%
-4.24%
SPY
25.36%
0.98%
11.79%
31.70%
15.55%
13.07%
Key characteristics
| VNM | SPY | |
|---|---|---|
| Sharpe Ratio | -0.47 | 2.69 |
| Sortino Ratio | -0.54 | 3.59 |
| Omega Ratio | 0.93 | 1.50 |
| Calmar Ratio | -0.16 | 3.89 |
| Martin Ratio | -0.92 | 17.53 |
| Ulcer Index | 9.14% | 1.87% |
| Daily Std Dev | 17.76% | 12.15% |
| Max Drawdown | -63.27% | -55.19% |
| Current Drawdown | -53.70% | -1.41% |
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VNM vs. SPY - Expense Ratio Comparison
VNM has a 0.68% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between VNM and SPY is 0.45, 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.
Risk-Adjusted Performance
VNM vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Vietnam ETF (VNM) and SPDR S&P 500 ETF (SPY). 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
VNM vs. SPY - Dividend Comparison
VNM's dividend yield for the trailing twelve months is around 5.92%, more than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VNM VanEck Vectors Vietnam ETF | 5.92% | 5.22% | 0.96% | 0.48% | 0.40% | 0.76% | 0.83% | 0.99% | 2.44% | 3.69% | 2.65% | 3.19% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
VNM vs. SPY - Drawdown Comparison
The maximum VNM drawdown since its inception was -63.27%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VNM and SPY. For additional features, visit the drawdowns tool.
Volatility
VNM vs. SPY - Volatility Comparison
The current volatility for VanEck Vectors Vietnam ETF (VNM) is 3.81%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.09%. This indicates that VNM experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.