VTMGX vs. VEA
Compare and contrast key facts about Vanguard Developed Markets Index Fund Admiral Shares (VTMGX) and Vanguard FTSE Developed Markets ETF (VEA).
VTMGX is managed by Vanguard. It was launched on Aug 17, 1999. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTMGX or VEA.
Key characteristics
| VTMGX | VEA | |
|---|---|---|
| YTD Return | 1.62% | 1.75% |
| 1Y Return | 8.45% | 8.35% |
| 3Y Return (Ann) | 1.68% | 1.76% |
| 5Y Return (Ann) | 6.18% | 6.25% |
| 10Y Return (Ann) | 4.48% | 4.51% |
| Sharpe Ratio | 0.67 | 0.65 |
| Daily Std Dev | 12.22% | 12.76% |
| Max Drawdown | -60.58% | -60.70% |
| Current Drawdown | -3.59% | -3.60% |
Correlation
The correlation between VTMGX and VEA is 0.98, 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
VTMGX vs. VEA - Performance Comparison
In the year-to-date period, VTMGX achieves a 1.62% return, which is significantly lower than VEA's 1.75% return. Both investments have delivered pretty close results over the past 10 years, with VTMGX having a 4.48% annualized return and VEA not far ahead at 4.51%. 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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VTMGX vs. VEA - Expense Ratio Comparison
VTMGX has a 0.07% expense ratio, which is higher than VEA's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
VTMGX vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Developed Markets Index Fund Admiral Shares (VTMGX) 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
VTMGX vs. VEA - Dividend Comparison
VTMGX's dividend yield for the trailing twelve months is around 3.37%, which matches VEA's 3.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTMGX Vanguard Developed Markets Index Fund Admiral Shares | 3.37% | 3.14% | 2.88% | 3.14% | 2.02% | 3.03% | 3.33% | 2.77% | 3.06% | 2.91% | 3.70% | 2.61% |
VEA Vanguard FTSE Developed Markets ETF | 3.38% | 3.15% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% | 2.60% |
Drawdowns
VTMGX vs. VEA - Drawdown Comparison
The maximum VTMGX drawdown since its inception was -60.58%, roughly equal to the maximum VEA drawdown of -60.70%. Use the drawdown chart below to compare losses from any high point for VTMGX and VEA. For additional features, visit the drawdowns tool.
Volatility
VTMGX vs. VEA - Volatility Comparison
Vanguard Developed Markets Index Fund Admiral Shares (VTMGX) and Vanguard FTSE Developed Markets ETF (VEA) have volatilities of 3.67% and 3.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.