EWV vs VXUS

Quick Verdict

VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.

Lower Fees: VXUSHigher Returns: VXUSMore Diversified: VXUS

Side-by-Side Comparison

MetricEWVVXUSWinner
Expense Ratio0.95%0.05%
AUM$6M$156.5B
Dividend Yield5.07%2.60%
Holdings48,747
YTD Return-33.69%+14.57%
1Y Return-44.54%+27.82%
3Y Return (annualized)-30.89%+19.27%
5Y Return (annualized)-19.78%+9.28%
Volatility (annualized)30.3%15.1%
Max Drawdown-99.3%-39.9%
Fund FamilyProSharesVanguard (US)
CategoryAlternativeEquity
InceptionNov 6, 2007Jan 26, 2011

EWV vs VXUS Performance

ProShares UltraShort MSCI Japan (EWV) is a ETF from ProShares and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year EWV returned -44.54% while VXUS returned +27.82%. Year to date, EWV is down 33.69% versus a gain of 14.57% for VXUS.

Over three years, EWV compounded at -30.89% per year against +19.27% for VXUS; over five years the annualized figures are -19.78% and +9.28% respectively. Across the full 16-year window we track, VXUS has the edge at +4.86% annualized vs -19.99%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

EWV has been the more volatile fund, with annualized monthly volatility of 30.3% compared with 15.1% for VXUS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -99.3% for EWV and -39.9% for VXUS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at -0.77. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

EWV charges 0.95% per year while VXUS charges 0.05%. On a $10,000 position that is $95 vs $5 annually, a gap of $90 per year that compounds over a long holding period. On income, EWV currently yields 5.07% against 2.60% for VXUS.

Frequently Asked Questions

Which is cheaper, EWV or VXUS?

EWV has an expense ratio of 0.95% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $90 per year of difference.

Which performed better, EWV or VXUS?

Over the past year EWV returned -44.54% vs +27.82% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (16 years), EWV annualized -19.99% vs +4.86% for VXUS. Past performance does not guarantee future results.

Which is riskier, EWV or VXUS?

EWV has been the more volatile fund at 30.3% annualized versus 15.1% for VXUS. Worst drawdown: EWV -99.3% vs VXUS -39.9%.

Should I hold both EWV and VXUS?

EWV and VXUS have a monthly-return correlation of -0.77, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, EWV or VXUS?

EWV yields 5.07% while VXUS yields 2.60%, so EWV currently pays the higher dividend yield.

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