VEXC vs FMF

Comparison between VANGUARD EMERGING MARKETS EX-CHINA ETF ETF SHARES (VEXC, ETF) and FIRST TRUST MANAGED FUTURES STRATEGY FUND (FMF, ETF).

VEXC vs FMF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VEXC(ETF)	FMF(ETF)
Net Assets	$258M	$258M
Expense Ratio	0.07%	0.98%
Max Drawdown	12.81%	24.79%
Sharpe Ratio	1.25	0.80
5Y Beta	1.23	0.10
5Y Dividends CAGR	N/A	227.06%

Net Assets

Winner

VEXC

$258M

FMF

$258M

Expense Ratio

Winner

VEXC

0.07%

FMF

0.98%

Max Drawdown

Winner

VEXC

12.81%

FMF

24.79%

Sharpe Ratio

Winner

VEXC

1.25

FMF

0.80

5Y Beta

VEXC

1.23

Winner

FMF

0.10

5Y Dividends CAGR

VEXC

N/A

FMF

227.06%

VEXC vs FMF - Holdings Comparison

VEXC and FMF have 0 common holdings. Overlap is 0.00%

VEXC's top 25 holdings weight is 40.85%. FMF's top 25 holdings weight is 32.95%.

Rank	VEXC	FMF
#1	n/a (n/a) - 23.78%	MORGAN STANLEY INSTL LQUDTY TRS INSTL (MISXX) - 32.95%
#2	MEDIATEK INC (n/a) - 2.07%	N/A
#3	DELTA ELECTRONICS INC (n/a) - 1.25%	N/A
#4	HON HAI PRECISION INDUSTRY CO LTD (n/a) - 1.23%	N/A
#5	RELIANCE INDUSTRIES LTD (n/a) - 1.22%	N/A
#6	HDFC BANK LTD (n/a) - 1.18%	N/A
#7	ICICI BANK LTD (n/a) - 1.06%	N/A
#8	BHARTI AIRTEL LTD (n/a) - 0.83%	N/A
#9	ASE TECHNOLOGY HOLDING CO LTD (n/a) - 0.75%	N/A
#10	VALE SA (n/a) - 0.70%	N/A
#11	AL RAJHI BANK (n/a) - 0.65%	N/A
#12	n/a (n/a) - 0.61%	N/A
#13	UNITED MICROELECTRONICS CORP (n/a) - 0.58%	N/A
#14	SAUDI ARABIAN OIL CO (n/a) - 0.56%	N/A
#15	ELITE MATERIAL CO LTD (n/a) - 0.55%	N/A
#16	NASPERS LTD CLASS N (n/a) - 0.54%	N/A
#17	INFOSYS LTD (n/a) - 0.53%	N/A
#18	n/a (n/a) - 0.51%	N/A
#19	ANGLOGOLD ASHANTI PLC (AU) - 0.50%	N/A
#20	PETROLEO BRASILEIRO SA PETROBRAS (n/a) - 0.48%	N/A
#21	n/a (n/a) - 0.26%	N/A
#22	HINDUSTAN UNILEVER LTD (n/a) - 0.26%	N/A
#23	MARUTI SUZUKI INDIA LTD (n/a) - 0.25%	N/A
#24	TITAN CO LTD (n/a) - 0.25%	N/A
#25	n/a (n/a) - 0.25%	N/A
Total Holdings	994	1

VEXC vs FMF - Historical Returns

Returns include dividend reinvestment.

Period	VEXC	FMF
1 month	+4.23%	-0.21%
3 months	+3.79%	-2.65%
6 months	+7.55%	+1.05%
1 year	+26.62%	+10.49%
5 years(CAGR)	N/A	+4.70%
10 years(CAGR)	N/A	+2.71%
Max(CAGR)	+30.27%	+1.85%

Winner

VEXC

+4.23%

FMF

-0.21%

Winner

VEXC

+3.79%

FMF

-2.65%

Winner

VEXC

+7.55%

FMF

+1.05%

Winner

VEXC

+26.62%

FMF

+10.49%

5Y(CAGR)

VEXC

N/A

FMF

+4.70%

10Y(CAGR)

VEXC

N/A

FMF

+2.71%

Max(CAGR)

Winner

VEXC

+30.27%

FMF

+1.85%

VEXC vs FMF - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	VEXC	FMF
2026	+19.11%	+6.90%
2025	+4.79%	+4.23%
2024	N/A	+7.67%
2023	N/A	-0.38%
2022	N/A	+4.68%
2021	N/A	+3.45%
2020	N/A	+5.25%
2019	N/A	-5.32%
2018	N/A	-2.31%
2017	N/A	+2.33%
2016	N/A	-4.09%
2015	N/A	-0.47%
2014	N/A	-1.10%
2013	N/A	+3.46%

VEXC vs FMF Drawdown Comparison

The maximum drawdown for VEXC was -12.41%, occurring on Mar 30, 2026. Recovery took 36 trading sessions.

The maximum drawdown for FMF was -22.22%, occurring on Mar 24, 2020. Recovery took 2001 trading sessions.

The current VEXC drawdown is -3.20%. The current FMF drawdown is -2.92%.

Rank	VEXC	FMF
#1	-12.41% Feb 25, 2026 - Apr 17, 2026	-22.22% Apr 2, 2014 - Mar 14, 2022
#2	-9.96% Jun 22, 2026 - Jul 29, 2026	-14.98% Jun 14, 2022 - Oct 6, 2025
#3	-5.78% Jun 2, 2026 - Jun 15, 2026	-7.98% Mar 14, 2022 - Jun 9, 2022
#4	-5.36% May 6, 2026 - May 26, 2026	-4.51% May 18, 2026 - Jul 2, 2026
#5	-3.55% Oct 29, 2025 - Dec 10, 2025	-3.58% Dec 30, 2013 - Mar 27, 2014
#6	-3.08% Oct 8, 2025 - Oct 15, 2025	-3.42% Mar 12, 2026 - Apr 2, 2026
#7	-2.59% Dec 10, 2025 - Dec 23, 2025	-3.12% Oct 15, 2025 - Jan 9, 2026
#8	-2.54% Jan 28, 2026 - Feb 6, 2026	-2.31% Feb 11, 2026 - Feb 19, 2026
#9	-1.85% Apr 27, 2026 - May 5, 2026	-2.22% Aug 2, 2013 - Oct 10, 2013
#10	-1.82% Apr 17, 2026 - Apr 24, 2026	-1.69% Feb 4, 2026 - Feb 6, 2026
#11	-1.47% Feb 11, 2026 - Feb 20, 2026	-1.56% Jan 15, 2026 - Feb 3, 2026
#12	-0.92% Feb 20, 2026 - Feb 24, 2026	-1.47% Oct 22, 2013 - Nov 14, 2013
#13	-0.86% Jun 15, 2026 - Jun 18, 2026	-1.28% Apr 29, 2026 - May 12, 2026
#14	-0.80% Jan 15, 2026 - Jan 22, 2026	-1.27% Mar 2, 2026 - Mar 4, 2026
#15	-0.79% Jan 6, 2026 - Jan 12, 2026	-1.18% Oct 8, 2025 - Oct 13, 2025

Correlation

Correlation between VEXC and FMF is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82

-101

Dividend Comparison (2013 - 2026)

VEXC vs FMF dividend yield comparison.

Year	VEXC	FMF
2026	1.07%	0.83%
2025	0.43%	5.60%
2024	0.00%	4.85%
2023	0.00%	3.09%
2022	0.00%	0.41%
2021	0.00%	3.29%
2020	0.00%	0.02%
2019	0.00%	1.05%
2018	0.00%	1.56%
2017	0.00%	0.82%
2013	0.00%	2.38%