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VNM vs SPY

Comparison between VANECK VIETNAM ETF (VNM, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed VNM, delivering a return of +13.3% compared to -0.9%

VNM vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
VNM
$572M
Winner
SPY
$735B
Expense Ratio
VNM
0.66%
Winner
SPY
0.09%
Max Drawdown
VNM
69.75%
Winner
SPY
56.47%
Sharpe Ratio
VNM
0.98
Winner
SPY
1.62
5Y Beta
Winner
VNM
0.78
SPY
1.00
P/E Ratio
VNM
N/A
SPY
28.99
Forward P/E
VNM
N/A
SPY
22.37
5Y Dividends CAGR
VNM
-27.59%
Winner
SPY
5.43%
5Y EPS CAGR
VNM
N/A
SPY
26.05%
Debt to Equity
VNM
N/A
SPY
32.40%
P/S Ratio
VNM
N/A
SPY
3.74
P/B Ratio
VNM
N/A
SPY
5.61

VNM vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
VNM
-5.89%
Winner
SPY
+1.90%
3M
VNM
-0.17%
Winner
SPY
+8.55%
6M
VNM
-3.34%
Winner
SPY
+8.18%
1Y
Winner
VNM
+31.20%
SPY
+25.79%
5Y(CAGR)
VNM
-0.86%
Winner
SPY
+13.32%
10Y(CAGR)
VNM
+3.32%
Winner
SPY
+15.19%
Max(CAGR)
VNM
-0.60%
Winner
SPY
+8.47%

VNM vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearVNMSPY
2026-5.86%+8.26%
2025+65.39%+18.00%
2024-9.75%+25.59%
2023+10.66%+26.72%
2022-43.81%-18.64%
2021+21.63%+30.52%
2020+8.01%+17.28%
2019+8.14%+31.09%
2018-17.39%-5.24%
2017+36.46%+20.78%
2016-10.75%+13.59%
2015-19.15%+1.31%
2014+6.30%+14.56%
2013+2.36%+29.00%
2012+24.62%+14.17%
2011-46.32%+0.85%
2010-1.77%+13.14%
2009-1.90%+22.67%
2008N/A-36.25%
2007N/A+5.32%
2006N/A+13.85%
2005N/A+5.32%
2004N/A+10.75%
2003N/A+24.18%
2002N/A-22.42%
2001N/A-10.13%
2000N/A-8.84%
1999N/A+8.61%

VNM vs SPY Drawdown Comparison

The maximum drawdown for VNM was -63.25%, occurring on Mar 23, 2020. This drawdown has not yet recovered.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current VNM drawdown is -26.65%. The current SPY drawdown is -2.90%.

RankVNMSPY
#1-63.25%
Oct 22, 2009 - Mar 23, 2020
-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-6.44%
Aug 21, 2009 - Sep 9, 2009
-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-5.51%
Sep 21, 2009 - Oct 9, 2009
-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-3.04%
Aug 14, 2009 - Aug 19, 2009
-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-2.23%
Oct 15, 2009 - Oct 19, 2009
-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-1.78%
Oct 19, 2009 - Oct 22, 2009
-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-0.87%
Sep 16, 2009 - Sep 21, 2009
-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-0.82%
Oct 12, 2009 - Oct 14, 2009
-10.10%
Jan 26, 2018 - Aug 6, 2018
#9N/A-9.44%
Sep 2, 2020 - Nov 11, 2020
#10N/A-9.30%
Jan 19, 2000 - Mar 17, 2000
#11N/A-9.05%
Jul 19, 2007 - Oct 5, 2007
#12N/A-8.88%
Jan 27, 2026 - Apr 14, 2026
#13N/A-8.41%
Jul 16, 2024 - Sep 19, 2024
#14N/A-7.35%
Sep 14, 2012 - Jan 2, 2013
#15N/A-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between VNM and SPY is -0.12 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.12
-101

Dividend Comparison (1999 - 2026)

VNM vs SPY dividend yield comparison.

YearVNMSPY
20260.00%0.24%
20250.20%1.07%
20240.00%1.21%
20235.21%1.40%
20220.96%1.65%
20210.49%1.20%
20200.40%1.52%
20190.76%1.75%
20180.83%2.04%
20171.14%1.80%
20162.44%2.03%
20153.69%2.06%
20142.65%1.87%
20133.19%1.81%
20122.04%2.18%
20111.12%2.05%
20101.31%1.80%
20090.14%1.95%
20080.00%3.02%
20070.00%1.85%
20060.00%1.73%
20050.00%1.73%
20040.00%1.82%
20030.00%1.47%
20020.00%1.70%
20010.00%1.25%
20000.00%1.15%
19990.00%0.24%

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