VOTE vs. VEA
Compare and contrast key facts about Engine No. 1 Transform 500 ETF (VOTE) and Vanguard FTSE Developed Markets ETF (VEA).
VOTE and VEA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VOTE is a passively managed fund by Engine No. 1 LLC that tracks the performance of the Morningstar US Large Cap Index. It was launched on Jun 22, 2021. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007. Both VOTE and VEA 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: VOTE or VEA.
Key characteristics
| VOTE | VEA | |
|---|---|---|
| YTD Return | 27.40% | 6.75% |
| 1Y Return | 38.39% | 18.19% |
| 3Y Return (Ann) | 9.72% | 1.61% |
| Sharpe Ratio | 3.23 | 1.45 |
| Sortino Ratio | 4.33 | 2.05 |
| Omega Ratio | 1.60 | 1.26 |
| Calmar Ratio | 4.71 | 1.55 |
| Martin Ratio | 21.42 | 7.92 |
| Ulcer Index | 1.89% | 2.38% |
| Daily Std Dev | 12.51% | 13.01% |
| Max Drawdown | -25.71% | -60.70% |
| Current Drawdown | 0.00% | -5.78% |
Correlation
The correlation between VOTE and VEA is 0.79, 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
VOTE vs. VEA - Performance Comparison
In the year-to-date period, VOTE achieves a 27.40% return, which is significantly higher than VEA's 6.75% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VOTE vs. VEA - Expense Ratio Comparison
Both VOTE and VEA have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VOTE vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Engine No. 1 Transform 500 ETF (VOTE) and Vanguard FTSE Developed Markets ETF (VEA). 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
VOTE vs. VEA - Dividend Comparison
VOTE's dividend yield for the trailing twelve months is around 1.17%, less than VEA's 2.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VOTE Engine No. 1 Transform 500 ETF | 1.17% | 1.33% | 1.54% | 0.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEA Vanguard FTSE Developed Markets ETF | 2.99% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% | 2.60% |
Drawdowns
VOTE vs. VEA - Drawdown Comparison
The maximum VOTE drawdown since its inception was -25.71%, smaller than the maximum VEA drawdown of -60.70%. Use the drawdown chart below to compare losses from any high point for VOTE and VEA. For additional features, visit the drawdowns tool.
Volatility
VOTE vs. VEA - Volatility Comparison
Engine No. 1 Transform 500 ETF (VOTE) has a higher volatility of 3.90% compared to Vanguard FTSE Developed Markets ETF (VEA) at 3.69%. This indicates that VOTE's price experiences larger fluctuations and is considered to be riskier than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.