VVMX.DE vs. EDM2.DE
VVMX.DE (VanEck Rare Earth and Strategic Metals UCITS ETF A) and EDM2.DE (iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc)) are both exchange-traded funds - VVMX.DE is a Commodity Producers Equities fund tracking the MVIS Global Rare Earth/Strategic Metals, while EDM2.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets ESG Enhanced Focus. Both are passively managed. Over the past 3 years, VVMX.DE returned 3.35%/yr vs 18.92%/yr for EDM2.DE. A 0.54 correlation means they provide meaningful diversification when combined. VVMX.DE charges 0.59%/yr vs 0.18%/yr for EDM2.DE.
Performance
VVMX.DE vs. EDM2.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VVMX.DE achieves a 30.24% return, which is significantly higher than EDM2.DE's 24.09% return.
VVMX.DE
- 1D
- -1.82%
- 1M
- -7.17%
- YTD
- 30.24%
- 6M
- 35.17%
- 1Y
- 147.55%
- 3Y*
- 3.35%
- 5Y*
- —
- 10Y*
- —
EDM2.DE
- 1D
- 1.87%
- 1M
- 1.49%
- YTD
- 24.09%
- 6M
- 25.04%
- 1Y
- 43.68%
- 3Y*
- 18.92%
- 5Y*
- 7.29%
- 10Y*
- —
VVMX.DE vs. EDM2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
VVMX.DE VanEck Rare Earth and Strategic Metals UCITS ETF A | 30.24% | 68.45% | -30.81% | -21.17% | -26.46% | 16.96% |
EDM2.DE iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc) | 24.09% | 19.78% | 13.37% | 4.74% | -16.09% | 0.55% |
Correlation
The correlation between VVMX.DE and EDM2.DE is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2021 | 0.54 |
The correlation between VVMX.DE and EDM2.DE shifts across timeframes, from 0.44 (1 year) to 0.54 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VVMX.DE vs. EDM2.DE — Risk / Return Rank
VVMX.DE
EDM2.DE
VVMX.DE vs. EDM2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) and iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc) (EDM2.DE). 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.
| VVMX.DE | EDM2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.42 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 7.59 | 3.89 | +3.70 |
| Martin ratioReturn relative to average drawdown | 19.66 | 13.83 | +5.83 |
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
| VVMX.DE | EDM2.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.36 | 2.31 | +1.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.43 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.02 | 0.48 | -0.46 |
Drawdowns
VVMX.DE vs. EDM2.DE - Drawdown Comparison
The maximum VVMX.DE drawdown since its inception was -73.26%, which is greater than EDM2.DE's maximum drawdown of -32.34%. Use the drawdown chart below to compare losses from any high point for VVMX.DE and EDM2.DE.
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Drawdown Indicators
| VVMX.DE | EDM2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.26% | -32.34% | -40.92% |
Max Drawdown (1Y)Largest decline over 1 year | -20.40% | -10.86% | -9.54% |
Max Drawdown (3Y)Largest decline over 3 years | -61.55% | -19.46% | -42.09% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.47% | — |
Current DrawdownCurrent decline from peak | -25.51% | -4.32% | -21.19% |
Average DrawdownAverage peak-to-trough decline | -41.23% | -11.09% | -30.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.89% | 3.06% | +4.83% |
Volatility
VVMX.DE vs. EDM2.DE - Volatility Comparison
VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) has a higher volatility of 12.59% compared to iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc) (EDM2.DE) at 8.50%. This indicates that VVMX.DE's price experiences larger fluctuations and is considered to be riskier than EDM2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VVMX.DE | EDM2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.59% | 8.50% | +4.09% |
Volatility (6M)Calculated over the trailing 6-month period | 32.22% | 15.59% | +16.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.13% | 18.27% | +27.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.38% | 16.94% | +19.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.38% | 19.20% | +17.18% |
VVMX.DE vs. EDM2.DE - Expense Ratio Comparison
VVMX.DE has a 0.59% expense ratio, which is higher than EDM2.DE's 0.18% expense ratio.
Dividends
VVMX.DE vs. EDM2.DE - Dividend Comparison
Neither VVMX.DE nor EDM2.DE has paid dividends to shareholders.
Frequently Asked Questions
VVMX.DE and EDM2.DE have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EDM2.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EDM2.DE is cheaper with a 0.18% expense ratio, compared with 0.59% for VVMX.DE.
VVMX.DE is categorized as Commodity Producers Equities, while EDM2.DE is Emerging Markets Equities. VVMX.DE tracks MVIS Global Rare Earth/Strategic Metals, while EDM2.DE tracks MSCI Emerging Markets ESG Enhanced Focus. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.59% for VVMX.DE and 0.18% for EDM2.DE.
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