BOX vs. VTI

Last updated Jun 24, 2026

BOX (Box, Inc.) is a stock, while VTI (Vanguard Total Stock Market ETF) is Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Over the past 10 years, BOX returned 8.44%/yr vs 15.14%/yr for VTI. At a 0.46 correlation, their price movements are largely independent.

Performance

BOX vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Box, Inc. (BOX) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BOX achieves a -16.48% return, which is significantly lower than VTI's 8.82% return. Over the past 10 years, BOX has underperformed VTI with an annualized return of 8.44%, while VTI has yielded a comparatively higher 15.14% annualized return.

BOX

• 1D: 2.55%
• 1M: -3.55%
• YTD: -16.48%
• 6M: -16.06%
• 1Y: -27.36%
• 3Y*: -4.56%
• 5Y*: -0.21%
• 10Y*: 8.44%

VTI

• 1D: -1.39%
• 1M: -0.84%
• YTD: 8.82%
• 6M: 7.71%
• 1Y: 24.22%
• 3Y*: 20.62%
• 5Y*: 11.90%
• 10Y*: 15.14%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BOX vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BOX Box, Inc.	-16.48%	-5.35%	23.39%	-17.73%	18.86%	45.10%	7.57%	-0.59%	-20.08%	52.38%
VTI Vanguard Total Stock Market ETF	8.82%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	21.21%

Correlation

The correlation between BOX and VTI is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (10Y) Calculated over the trailing 10-year period	0.48
Correlation (All Time) Calculated using the full available price history since Jan 23, 2015	0.46

Over the past year, the correlation between BOX and VTI has dropped to 0.22 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.

Return for Risk

BOX vs. VTI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BOX

BOX Risk / Return Rank: 11
BOX Sharpe Ratio Rank: 9
BOX Sortino Ratio Rank: 10
BOX Omega Ratio Rank: 12
BOX Calmar Ratio Rank: 15
BOX Martin Ratio Rank: 10

VTI

VTI Risk / Return Rank: 59
VTI Sharpe Ratio Rank: 58
VTI Sortino Ratio Rank: 56
VTI Omega Ratio Rank: 57
VTI Calmar Ratio Rank: 57
VTI Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BOX vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Box, Inc. (BOX) and Vanguard Total Stock Market ETF (VTI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	BOX	VTI	Difference
Sharpe ratio: Return per unit of total volatility	-0.81	1.90	-2.71
Sortino ratio: Return per unit of downside risk	-1.14	2.59	-3.73
Omega ratio: Gain probability vs. loss probability	0.87	1.34	-0.47
Calmar ratio: Return relative to maximum drawdown	-0.72	2.73	-3.45
Martin ratio: Return relative to average drawdown	-1.36	12.14	-13.50

BOX vs. VTI - Sharpe Ratio Comparison

The current BOX Sharpe Ratio is -0.81, which is lower than the VTI Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of BOX and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BOX vs. VTI - Drawdown Comparison

The maximum BOX drawdown since its inception was -68.56%, which is greater than VTI's maximum drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for BOX and VTI.

Drawdown Indicators

	BOX	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-68.56%	-55.45%	-13.11%
Max Drawdown (1Y) Largest decline over 1 year	-38.15%	-8.92%	-29.23%
Max Drawdown (3Y) Largest decline over 3 years	-44.57%	-19.30%	-25.27%
Max Drawdown (5Y) Largest decline over 5 years	-44.57%	-25.36%	-19.21%
Max Drawdown (10Y) Largest decline over 10 years	-68.56%	-35.00%	-33.56%
Current Drawdown Current decline from peak	-35.20%	-2.85%	-32.35%
Average Drawdown Average peak-to-trough decline	-25.27%	-8.01%	-17.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.09%	2.00%	+18.09%

Volatility

BOX vs. VTI - Volatility Comparison

Box, Inc. (BOX) has a higher volatility of 13.49% compared to Vanguard Total Stock Market ETF (VTI) at 4.95%. This indicates that BOX's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BOX	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.49%	4.95%	+8.54%
Volatility (6M) Calculated over the trailing 6-month period	29.53%	10.05%	+19.48%
Volatility (1Y) Calculated over the trailing 1-year period	33.83%	12.83%	+21.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.14%	17.51%	+15.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.78%	18.32%	+20.46%

Dividends

BOX vs. VTI - Dividend Comparison

BOX has not paid dividends to shareholders, while VTI's dividend yield for the trailing twelve months is around 1.04%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BOX Box, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.04%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both BOX and VTI in my portfolio?

BOX and VTI have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BOX or VTI?

BOX has higher volatility (13.49%) compared to VTI (4.95%). In terms of maximum drawdown, BOX dropped -68.56% vs VTI's -55.45%.

Which has better risk-adjusted returns?

VTI currently has the higher Sharpe Ratio (1.90 vs -0.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.