VWO vs VEA: returns, Sharpe ratio and drawdown

Over the past year, VEA returned +18.87% against +13.74% for VWO. Over five years, VEA averaged +6.30% a year, compared with +2.91% for VWO. VEA had the higher Sharpe ratio over the past year (0.82 vs 0.57), meaning more return for each unit of volatility. The worst peak-to-trough drop over the past year was -11.17% for VWO and -11.78% for VEA.