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VWO vs. VEU
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


VWOVEU
YTD Return9.40%8.99%
1Y Return11.10%11.89%
3Y Return (Ann)-2.30%2.16%
5Y Return (Ann)4.06%6.61%
10Y Return (Ann)2.99%4.48%
Sharpe Ratio0.781.05
Daily Std Dev13.14%11.69%
Max Drawdown-67.68%-61.52%
Current Drawdown-11.94%-1.10%

Correlation

-0.50.00.51.00.9

The correlation between VWO and VEU is 0.89, 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

VWO vs. VEU - Performance Comparison

The year-to-date returns for both stocks are quite close, with VWO having a 9.40% return and VEU slightly lower at 8.99%. Over the past 10 years, VWO has underperformed VEU with an annualized return of 2.99%, while VEU has yielded a comparatively higher 4.48% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


70.00%75.00%80.00%85.00%90.00%95.00%FebruaryMarchAprilMayJuneJuly
90.23%
91.91%
VWO
VEU

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Vanguard FTSE Emerging Markets ETF

Vanguard FTSE All-World ex-US ETF

VWO vs. VEU - Expense Ratio Comparison

VWO has a 0.08% expense ratio, which is higher than VEU's 0.07% 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%.


VWO
Vanguard FTSE Emerging Markets ETF
Expense ratio chart for VWO: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%
Expense ratio chart for VEU: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%

Risk-Adjusted Performance

VWO vs. VEU - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Emerging Markets ETF (VWO) and Vanguard FTSE All-World ex-US ETF (VEU). 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
Sharpe ratio
The chart of Sharpe ratio for VWO, currently valued at 0.78, compared to the broader market0.002.004.006.000.78
Sortino ratio
The chart of Sortino ratio for VWO, currently valued at 1.20, compared to the broader market0.005.0010.001.20
Omega ratio
The chart of Omega ratio for VWO, currently valued at 1.14, compared to the broader market1.002.003.001.14
Calmar ratio
The chart of Calmar ratio for VWO, currently valued at 0.37, compared to the broader market0.005.0010.0015.0020.000.37
Martin ratio
The chart of Martin ratio for VWO, currently valued at 2.11, compared to the broader market0.0050.00100.00150.002.11
VEU
Sharpe ratio
The chart of Sharpe ratio for VEU, currently valued at 1.05, compared to the broader market0.002.004.006.001.05
Sortino ratio
The chart of Sortino ratio for VEU, currently valued at 1.54, compared to the broader market0.005.0010.001.54
Omega ratio
The chart of Omega ratio for VEU, currently valued at 1.19, compared to the broader market1.002.003.001.19
Calmar ratio
The chart of Calmar ratio for VEU, currently valued at 0.68, compared to the broader market0.005.0010.0015.0020.000.68
Martin ratio
The chart of Martin ratio for VEU, currently valued at 2.98, compared to the broader market0.0050.00100.00150.002.98

VWO vs. VEU - Sharpe Ratio Comparison

The current VWO Sharpe Ratio is 0.78, which roughly equals the VEU Sharpe Ratio of 1.05. The chart below compares the 12-month rolling Sharpe Ratio of VWO and VEU.


Rolling 12-month Sharpe Ratio0.000.501.001.50FebruaryMarchAprilMayJuneJuly
0.78
1.05
VWO
VEU

Dividends

VWO vs. VEU - Dividend Comparison

VWO's dividend yield for the trailing twelve months is around 3.13%, more than VEU's 3.00% yield.


TTM20232022202120202019201820172016201520142013
VWO
Vanguard FTSE Emerging Markets ETF
3.13%3.52%4.11%2.63%1.91%3.23%2.88%2.30%2.52%3.26%2.86%2.73%
VEU
Vanguard FTSE All-World ex-US ETF
3.00%3.32%3.12%3.08%2.00%3.10%3.27%2.66%2.96%2.95%3.52%2.66%

Drawdowns

VWO vs. VEU - Drawdown Comparison

The maximum VWO drawdown since its inception was -67.68%, which is greater than VEU's maximum drawdown of -61.52%. Use the drawdown chart below to compare losses from any high point for VWO and VEU. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%FebruaryMarchAprilMayJuneJuly
-11.94%
-1.10%
VWO
VEU

Volatility

VWO vs. VEU - Volatility Comparison

Vanguard FTSE Emerging Markets ETF (VWO) has a higher volatility of 2.92% compared to Vanguard FTSE All-World ex-US ETF (VEU) at 2.69%. This indicates that VWO's price experiences larger fluctuations and is considered to be riskier than VEU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%FebruaryMarchAprilMayJuneJuly
2.92%
2.69%
VWO
VEU