- ISIN
- US9219438093
- CUSIP
- 921943809
- Issuer
- Vanguard
- Inception Date
- Aug 17, 1999
- Region
- Developed Markets (Broad)
- Category
- Foreign Large Cap Equities
- Index Tracked
- FTSE Developed All Cap ex US Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $317B
Share Price Chart
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Performance
VTMGX Performance Chart
Vanguard Developed Markets Index Fund Admiral Shares (VTMGX) is up 16.5% since the beginning of the year. VTMGX is currently trading at $23 per share. Investors who bought $1,000 worth of VTMGX shares 5 years ago would now be looking at an investment worth $1,647.
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Returns By Period
Vanguard Developed Markets Index Fund Admiral Shares (VTMGX) has returned 16.49% so far this year and 35.19% over the past 12 months. Over the last ten years, VTMGX has returned 10.43% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Vanguard Developed Markets Index Fund Admiral Shares
- 1D
- 1.27%
- 1M
- 3.05%
- YTD
- 16.49%
- 6M
- 17.25%
- 1Y
- 35.19%
- 3Y*
- 19.24%
- 5Y*
- 10.49%
- 10Y*
- 10.43%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
VTMGX Monthly Returns History
Based on dividend-adjusted daily data since Aug 17, 1999, VTMGX's average daily return is +0.03%, while the average monthly return is +0.60%. At this rate, an investment would double in approximately 9.7 years.
Historically, 60% of months were positive and 40% were negative. The best month was Nov 2020 with a return of +14.8%, while the worst month was Oct 2008 at -20.5%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.
On a daily basis, VTMGX closed higher 51% of trading days. The best single day was Oct 28, 2008 with a return of +11.9%, while the worst single day was Mar 12, 2020 at -11.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.98% | 6.25% | -9.01% | 7.74% | 4.39% | 1.09% | 16.49% | ||||||
| 2025 | 4.49% | 2.43% | -0.15% | 4.16% | 4.94% | 3.44% | -1.69% | 4.61% | 2.87% | 1.55% | 0.87% | 3.23% | 35.17% |
| 2024 | -1.23% | 2.83% | 3.53% | -3.35% | 4.76% | -1.92% | 3.41% | 2.87% | 0.98% | -5.30% | 0.44% | -3.41% | 3.03% |
| 2023 | 8.65% | -3.40% | 2.63% | 2.55% | -3.70% | 4.44% | 3.17% | -4.05% | -3.71% | -3.56% | 9.01% | 5.69% | 17.65% |
| 2022 | -3.95% | -2.47% | 0.30% | -6.55% | 1.73% | -9.62% | 5.28% | -5.52% | -9.96% | 5.91% | 13.02% | -2.17% | -15.33% |
| 2021 | -1.18% | 2.52% | 2.61% | 3.17% | 3.63% | -1.12% | 0.54% | 1.38% | -3.44% | 3.15% | -4.72% | 4.78% | 11.39% |
Benchmark Metrics
Vanguard Developed Markets Index Fund Admiral Shares has an annualized alpha of 0.89%, beta of 0.81, and R2 of 0.66 versus S&P 500 Index. Calculated based on daily prices since August 17, 1999.
- This fund participated in 97.16% of S&P 500 Index downside but only 93.48% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- 0.89%
- Beta
- 0.81
- R²
- 0.66
- Upside Capture
- 93.48%
- Downside Capture
- 97.16%
Expense Ratio
VTMGX has an expense ratio of 0.07%, which is considered low.
Return for Risk
Risk / Return Rank
VTMGX ranks 61 for risk / return — better than 61% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Vanguard Developed Markets Index Fund Admiral Shares (VTMGX) and compare them to S&P 500 Index.
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.
| VTMGX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.37 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.95 | 2.78 | +0.17 |
| Martin ratioReturn relative to average drawdown | 11.31 | 12.44 | -1.13 |
Dividends
Dividend History
Vanguard Developed Markets Index Fund Admiral Shares provided a 2.49% dividend yield over the last twelve months, with an annual payout of $0.58 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.58 | $0.64 | $0.51 | $0.48 | $0.39 | $0.52 | $0.31 | $0.43 | $0.40 | $0.40 | $0.36 | $0.34 |
Dividend yield | 2.49% | 3.20% | 3.34% | 3.14% | 2.88% | 3.14% | 2.02% | 3.03% | 3.33% | 2.77% | 3.06% | 2.91% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard Developed Markets Index Fund Admiral Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.12 | $0.15 | ||||||
| 2025 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.33 | $0.64 |
| 2024 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.23 | $0.51 |
| 2023 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.20 | $0.48 |
| 2022 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.16 | $0.39 |
| 2021 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.25 | $0.52 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Vanguard Developed Markets Index Fund Admiral Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Vanguard Developed Markets Index Fund Admiral Shares was 60.58%, occurring on Mar 9, 2009. Recovery took 1313 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -60.58%Mar 2009 | 1y 4mo | 5y 2mo | 6y 6moNov 2007 - May 2014 |
2003 bear market2003 | -51.46%Mar 2003 | 2y 11mo | 2y 5mo | 5y 5moMar 2000 - Sep 2005 |
COVID crash2020 | -35.68%Mar 2020 | 2y 1mo | 7mo 28d | 2y 9moJan 2018 - Nov 2020 |
Bear market2022 | -29.71%Oct 2022 | 1y 1mo | 1y 4mo | 2y 6moSep 2021 - Mar 2024 |
2016 bear market2016 | -22.39%Feb 2016 | 1y 7mo | 1y 2mo | 2y 9moJul 2014 - Apr 2017 |
Drawdown Indicators
| VTMGX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.58% | -56.78% | -3.80% |
Max Drawdown (1Y)Largest decline over 1 year | -11.67% | -9.10% | -2.57% |
Max Drawdown (3Y)Largest decline over 3 years | -13.18% | -18.90% | +5.72% |
Max Drawdown (5Y)Largest decline over 5 years | -29.71% | -25.43% | -4.28% |
Max Drawdown (10Y)Largest decline over 10 years | -35.68% | -33.92% | -1.76% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -14.63% | -10.71% | -3.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 2.03% | +1.01% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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