VWO vs. WMT
VWO (Vanguard FTSE Emerging Markets ETF) is Emerging Markets Equities fund tracking the FTSE Emerging Index, while WMT (Walmart Inc.) is a stock. Over the past 10 years, VWO returned 7.65%/yr vs 18.44%/yr for WMT. At a 0.29 correlation, their price movements are largely independent.
Performance
VWO vs. WMT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VWO achieves a 7.88% return, which is significantly higher than WMT's 1.11% return. Over the past 10 years, VWO has underperformed WMT with an annualized return of 7.65%, while WMT has yielded a comparatively higher 18.44% annualized return.
VWO
- 1D
- 0.16%
- 1M
- -4.67%
- 6M
- 3.57%
- YTD
- 7.88%
- 1Y
- 17.74%
- 3Y*
- 15.34%
- 5Y*
- 5.14%
- 10Y*
- 7.65%
- ALL TIME*
- 6.75%
WMT
- 1D
- -1.79%
- 1M
- -4.25%
- 6M
- -5.89%
- YTD
- 1.11%
- 1Y
- 19.03%
- 3Y*
- 29.98%
- 5Y*
- 20.51%
- 10Y*
- 18.44%
- ALL TIME*
- 18.39%
VWO vs. WMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VWO Vanguard FTSE Emerging Markets ETF | 7.88% | 25.60% | 10.59% | 9.25% | -17.98% | 1.26% | 15.17% | 20.75% | -14.76% | 31.49% |
WMT Walmart Inc. | 1.11% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
Correlation
The correlation between VWO and WMT is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2005 | 0.29 |
The correlation between VWO and WMT shifts across timeframes, from -0.11 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VWO vs. WMT — Risk / Return Rank
VWO
WMT
VWO vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Emerging Markets ETF (VWO) and Walmart Inc. (WMT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VWO | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.16 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | 1.01 | +0.58 |
| Martin ratioReturn relative to average drawdown | 5.36 | 2.88 | +2.49 |
Loading charts...
Drawdowns
VWO vs. WMT - Drawdown Comparison
The maximum VWO drawdown since its inception was -67.68%, smaller than the maximum WMT drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for VWO and WMT.
Loading charts...
Drawdown Indicators
| VWO | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.68% | -77.14% | +9.46% |
Max Drawdown (1Y)Largest decline over 1 year | -11.17% | -18.91% | +7.74% |
Max Drawdown (3Y)Largest decline over 3 years | -17.37% | -21.93% | +4.56% |
Max Drawdown (5Y)Largest decline over 5 years | -30.88% | -25.74% | -5.14% |
Max Drawdown (10Y)Largest decline over 10 years | -36.39% | -25.74% | -10.65% |
Current DrawdownCurrent decline from peak | -5.40% | -16.39% | +10.99% |
Average DrawdownAverage peak-to-trough decline | -15.75% | -14.63% | -1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.31% | 6.63% | -3.32% |
Volatility
VWO vs. WMT - Volatility Comparison
The current volatility for Vanguard FTSE Emerging Markets ETF (VWO) is 5.81%, while Walmart Inc. (WMT) has a volatility of 7.51%. This indicates that VWO experiences smaller price fluctuations and is considered to be less risky than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VWO | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.81% | 7.51% | -1.70% |
Volatility (6M)Calculated over the trailing 6-month period | 14.93% | 19.19% | -4.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.32% | 24.48% | -7.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.60% | 21.88% | -4.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.14% | 21.87% | -2.73% |
Dividends
VWO vs. WMT - Dividend Comparison
VWO's dividend yield for the trailing twelve months is around 2.39%, more than WMT's 0.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VWO Vanguard FTSE Emerging Markets ETF | 2.39% | 2.79% | 3.20% | 3.52% | 4.11% | 2.63% | 1.91% | 3.23% | 2.88% | 2.30% | 2.52% | 3.26% |
WMT Walmart Inc. | 0.86% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Frequently Asked Questions
VWO and WMT have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMT has higher volatility (7.51%) compared to VWO (5.81%). In terms of maximum drawdown, VWO dropped -67.68% vs WMT's -77.14%.
VWO currently has the higher Sharpe Ratio (1.03 vs 0.78), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for VWO and WMT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer