WBEIX vs. VEMRX
WBEIX (William Blair Emerging Markets Growth Fund) and VEMRX (Vanguard Emerging Markets Index Fund Institutional Plus Shares) are both Emerging Markets Equities funds. Over the past 10 years, WBEIX returned 9.39%/yr vs 7.63%/yr for VEMRX. Their correlation of 0.85 means they have usually moved in the same direction. WBEIX charges 1.11%/yr vs 0.08%/yr for VEMRX.
Performance
WBEIX vs. VEMRX - Performance Comparison
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Returns By Period
In the year-to-date period, WBEIX achieves a 18.40% return, which is significantly higher than VEMRX's 7.83% return. Over the past 10 years, WBEIX has outperformed VEMRX with an annualized return of 9.39%, while VEMRX has yielded a comparatively lower 7.63% annualized return.
WBEIX
- 1D
- 4.01%
- 1M
- -9.30%
- 6M
- 8.36%
- YTD
- 18.40%
- 1Y
- 36.99%
- 3Y*
- 18.57%
- 5Y*
- 3.57%
- 10Y*
- 9.39%
- ALL TIME*
- 8.35%
VEMRX
- 1D
- 1.69%
- 1M
- -1.72%
- 6M
- 2.69%
- YTD
- 7.83%
- 1Y
- 20.01%
- 3Y*
- 13.74%
- 5Y*
- 5.83%
- 10Y*
- 7.63%
- ALL TIME*
- 4.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
WBEIX vs. VEMRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WBEIX William Blair Emerging Markets Growth Fund | 18.40% | 25.18% | 10.62% | 10.23% | -33.15% | 3.23% | 40.77% | 28.36% | -21.31% | 48.82% |
VEMRX Vanguard Emerging Markets Index Fund Institutional Plus Shares | 7.83% | 24.84% | 11.40% | 8.88% | -17.74% | 0.92% | 15.29% | 20.39% | -14.55% | 31.44% |
Correlation
The correlation between WBEIX and VEMRX is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.73 |
Correlation (3Y) Balances recent behavior with more history. | 0.78 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.79 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.82 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2010 | 0.85 |
The correlation between WBEIX and VEMRX shifts across timeframes, from 0.73 (1 year) to 0.85 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WBEIX vs. VEMRX — Risk / Return Rank
WBEIX
VEMRX
WBEIX vs. VEMRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for William Blair Emerging Markets Growth Fund (WBEIX) and Vanguard Emerging Markets Index Fund Institutional Plus Shares (VEMRX). 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.
| WBEIX | VEMRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.21 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 1.66 | +0.17 |
| Martin ratioReturn relative to average drawdown | 6.64 | 5.54 | +1.09 |
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Drawdowns
WBEIX vs. VEMRX - Drawdown Comparison
The maximum WBEIX drawdown since its inception was -71.18%, which is greater than VEMRX's maximum drawdown of -36.01%. Use the drawdown chart below to compare losses from any high point for WBEIX and VEMRX.
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Drawdown Indicators
| WBEIX | VEMRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.18% | -36.01% | -35.17% |
Max Drawdown (1Y)Largest decline over 1 year | -19.23% | -11.04% | -8.19% |
Max Drawdown (3Y)Largest decline over 3 years | -19.64% | -15.74% | -3.90% |
Max Drawdown (5Y)Largest decline over 5 years | -40.86% | -30.65% | -10.21% |
Max Drawdown (10Y)Largest decline over 10 years | -43.75% | -36.01% | -7.74% |
Current DrawdownCurrent decline from peak | -15.99% | -5.42% | -10.57% |
Average DrawdownAverage peak-to-trough decline | -21.36% | -12.73% | -8.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.30% | 3.30% | +2.00% |
Volatility
WBEIX vs. VEMRX - Volatility Comparison
William Blair Emerging Markets Growth Fund (WBEIX) has a higher volatility of 10.72% compared to Vanguard Emerging Markets Index Fund Institutional Plus Shares (VEMRX) at 5.22%. This indicates that WBEIX's price experiences larger fluctuations and is considered to be riskier than VEMRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WBEIX | VEMRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.72% | 5.22% | +5.50% |
Volatility (6M)Calculated over the trailing 6-month period | 23.15% | 13.81% | +9.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.95% | 15.99% | +9.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.04% | 15.59% | +2.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.41% | 16.50% | +1.91% |
WBEIX vs. VEMRX - Expense Ratio Comparison
WBEIX has a 1.11% expense ratio, which is higher than VEMRX's 0.08% expense ratio.
Dividends
WBEIX vs. VEMRX - Dividend Comparison
WBEIX's dividend yield for the trailing twelve months is around 0.34%, less than VEMRX's 2.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEMRX Vanguard Emerging Markets Index Fund Institutional Plus Shares | 2.40% | 2.79% | 3.19% | 3.53% | 4.11% | 2.63% | 1.92% | 3.26% | 2.92% | 2.35% | 2.56% | 3.31% |
WBEIX William Blair Emerging Markets Growth Fund | 0.34% | 0.41% | 0.10% | 0.53% | 0.16% | 21.21% | 4.12% | 4.31% | 14.57% | 0.94% | 0.45% | 1.11% |
Frequently Asked Questions
WBEIX and VEMRX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WBEIX has higher volatility (10.72%) compared to VEMRX (5.22%). In terms of maximum drawdown, WBEIX dropped -71.18% vs VEMRX's -36.01%.
WBEIX currently has the higher Sharpe Ratio (1.36 vs 1.15), 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.
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