VWOB vs. VEMBX
Compare and contrast key facts about Vanguard Emerging Markets Government Bond ETF (VWOB) and Vanguard Emerging Markets Bond Fund Investor Shares (VEMBX).
VWOB is a passively managed fund by Vanguard that tracks the performance of the Barclays USD Emerging Markets Government RIC Capped Index. It was launched on May 31, 2013. VEMBX is managed by Vanguard. It was launched on Mar 10, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VWOB or VEMBX.
Key characteristics
| VWOB | VEMBX | |
|---|---|---|
| YTD Return | -0.19% | 0.75% |
| 1Y Return | 6.90% | 11.15% |
| 3Y Return (Ann) | -2.52% | -0.15% |
| 5Y Return (Ann) | 0.48% | 4.02% |
| Sharpe Ratio | 0.91 | 1.89 |
| Daily Std Dev | 8.62% | 6.16% |
| Max Drawdown | -26.98% | -24.36% |
| Current Drawdown | -10.73% | -3.27% |
Correlation
The correlation between VWOB and VEMBX is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VWOB vs. VEMBX - Performance Comparison
In the year-to-date period, VWOB achieves a -0.19% return, which is significantly lower than VEMBX's 0.75% return. 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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VWOB vs. VEMBX - Expense Ratio Comparison
VWOB has a 0.20% expense ratio, which is lower than VEMBX's 0.55% expense ratio.
Risk-Adjusted Performance
VWOB vs. VEMBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Government Bond ETF (VWOB) and Vanguard Emerging Markets Bond Fund Investor Shares (VEMBX). 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
VWOB vs. VEMBX - Dividend Comparison
VWOB's dividend yield for the trailing twelve months is around 5.69%, less than VEMBX's 6.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VWOB Vanguard Emerging Markets Government Bond ETF | 5.22% | 5.50% | 5.30% | 4.04% | 4.18% | 4.58% | 4.52% | 4.61% | 4.71% | 4.93% | 4.49% | 2.39% |
VEMBX Vanguard Emerging Markets Bond Fund Investor Shares | 6.51% | 7.06% | 5.43% | 5.19% | 4.50% | 6.27% | 4.81% | 6.50% | 8.85% | 0.00% | 0.00% | 0.00% |
Drawdowns
VWOB vs. VEMBX - Drawdown Comparison
The maximum VWOB drawdown since its inception was -26.98%, which is greater than VEMBX's maximum drawdown of -24.36%. Use the drawdown chart below to compare losses from any high point for VWOB and VEMBX. For additional features, visit the drawdowns tool.
Volatility
VWOB vs. VEMBX - Volatility Comparison
Vanguard Emerging Markets Government Bond ETF (VWOB) has a higher volatility of 2.65% compared to Vanguard Emerging Markets Bond Fund Investor Shares (VEMBX) at 1.98%. This indicates that VWOB's price experiences larger fluctuations and is considered to be riskier than VEMBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.