VWO vs. USD=X
VWO (Vanguard FTSE Emerging Markets ETF) is Emerging Markets Equities fund tracking the FTSE Emerging Index, while USD=X (USD Cash) is a currency. Over the past 10 years, VWO returned 8.60%/yr vs 0.00%/yr for USD=X.
Performance
VWO vs. USD=X - Performance Comparison
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Returns By Period
VWO
- 1D
- 0.52%
- 1M
- -3.65%
- YTD
- 8.50%
- 6M
- 9.73%
- 1Y
- 24.29%
- 3Y*
- 16.22%
- 5Y*
- 4.65%
- 10Y*
- 8.60%
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
VWO vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VWO Vanguard FTSE Emerging Markets ETF | 8.50% | 25.60% | 10.59% | 9.25% | -17.98% | 1.26% | 15.17% | 20.75% | -14.76% | 31.49% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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Return for Risk
VWO vs. USD=X — Risk / Return Rank
VWO
USD=X
VWO vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Emerging Markets ETF (VWO) and USD Cash (USD=X). 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.
| VWO | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.28 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | — | — |
| Martin ratioReturn relative to average drawdown | 7.79 | — | — |
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
| VWO | USD=X | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.49 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | — | — |
Drawdowns
VWO vs. USD=X - Drawdown Comparison
The maximum VWO drawdown since its inception was -67.68%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for VWO and USD=X.
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Drawdown Indicators
| VWO | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.68% | 0.00% | -67.68% |
Max Drawdown (1Y)Largest decline over 1 year | -11.17% | 0.00% | -11.17% |
Max Drawdown (3Y)Largest decline over 3 years | -17.37% | 0.00% | -17.37% |
Max Drawdown (5Y)Largest decline over 5 years | -32.60% | 0.00% | -32.60% |
Max Drawdown (10Y)Largest decline over 10 years | -36.39% | 0.00% | -36.39% |
Current DrawdownCurrent decline from peak | -4.67% | 0.00% | -4.67% |
Average DrawdownAverage peak-to-trough decline | -15.81% | 0.00% | -15.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.12% | 0.00% | +3.12% |
Volatility
VWO vs. USD=X - Volatility Comparison
Vanguard FTSE Emerging Markets ETF (VWO) has a higher volatility of 6.29% compared to USD Cash (USD=X) at 0.00%. This indicates that VWO's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VWO | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.29% | 0.00% | +6.29% |
Volatility (6M)Calculated over the trailing 6-month period | 13.80% | 0.00% | +13.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.37% | 0.00% | +16.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.45% | 0.00% | +17.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.23% | 0.00% | +19.23% |
Frequently Asked Questions
VWO has higher volatility (6.29%) compared to USD=X (0.00%). In terms of maximum drawdown, VWO dropped -67.68% vs USD=X's 0.00%.
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