EFV vs. VPMCX

Last updated Jul 21, 2026

EFV (iShares MSCI EAFE Value ETF) and VPMCX (Vanguard PRIMECAP Fund Investor Shares) are both funds - EFV is a Foreign Large Cap Equities fund tracking the MSCI EAFE Value Index (Net), while VPMCX is a Large Cap Growth Equities fund actively managed by Vanguard. EFV is passively managed, while VPMCX is actively managed. Over the past 10 years, EFV returned 10.23%/yr vs 16.88%/yr for VPMCX. A 0.77 correlation means they provide meaningful diversification when combined. EFV charges 0.31%/yr vs 0.35%/yr for VPMCX.

Performance

EFV vs. VPMCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI EAFE Value ETF (EFV) and Vanguard PRIMECAP Fund Investor Shares (VPMCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EFV achieves a 12.03% return, which is significantly lower than VPMCX's 20.44% return. Over the past 10 years, EFV has underperformed VPMCX with an annualized return of 10.23%, while VPMCX has yielded a comparatively higher 16.88% annualized return.

EFV

• 1D: -0.69%
• 1M: 1.68%
• 6M: 8.90%
• YTD: 12.03%
• 1Y: 29.67%
• 3Y*: 20.66%
• 5Y*: 13.80%
• 10Y*: 10.23%
• ALL TIME*: 5.96%

VPMCX

• 1D: -1.07%
• 1M: -5.99%
• 6M: 15.34%
• YTD: 20.44%
• 1Y: 43.30%
• 3Y*: 23.81%
• 5Y*: 15.20%
• 10Y*: 16.88%
• ALL TIME*: 15.26%

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

EFV vs. VPMCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EFV iShares MSCI EAFE Value ETF	12.03%	42.22%	5.35%	18.85%	-5.22%	11.08%	-2.97%	15.80%	-14.67%	21.22%
VPMCX Vanguard PRIMECAP Fund Investor Shares	20.44%	29.60%	13.23%	28.16%	-15.22%	21.64%	17.16%	27.78%	-1.99%	28.17%

Correlation

The correlation between EFV and VPMCX is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (10Y) Calculated over the trailing 10-year period	0.71
Correlation (All Time) Calculated using the full available price history since Aug 5, 2005	0.77

The correlation between EFV and VPMCX shifts across timeframes, from 0.60 (1 year) to 0.77 (all time), reflecting how their relationship changes across market environments.

EFV vs. VPMCX - Sectors Allocation Comparison

Sectors	EFV	VPMCX
Financial Services	39.6%	7.7%
Industrials	9.6%	13.3%
Consumer Defensive	9.5%	1.2%
Healthcare	7.5%	25.4%
Energy	6.6%	1.8%
Basic Materials	6.1%	1.6%
Utilities	5.9%	0.0%
Consumer Cyclical	5.3%	11.9%
Communication Services	4.0%	7.8%
Technology	2.7%	29.2%
Real Estate	2.6%	0.1%

Return for Risk

EFV vs. VPMCX — Risk / Return Rank

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

EFV

EFV Risk / Return Rank: 80
EFV Sharpe Ratio Rank: 85
EFV Sortino Ratio Rank: 84
EFV Omega Ratio Rank: 83
EFV Calmar Ratio Rank: 73
EFV Martin Ratio Rank: 74

VPMCX

VPMCX Risk / Return Rank: 86
VPMCX Sharpe Ratio Rank: 86
VPMCX Sortino Ratio Rank: 82
VPMCX Omega Ratio Rank: 81
VPMCX Calmar Ratio Rank: 90
VPMCX Martin Ratio Rank: 93

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.

EFV vs. VPMCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EAFE Value ETF (EFV) and Vanguard PRIMECAP Fund Investor Shares (VPMCX). 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.

	EFV	VPMCX	Difference
Sharpe ratio: Return per unit of total volatility	2.06	2.35	-0.29
Sortino ratio: Return per unit of downside risk	2.88	3.19	-0.31
Omega ratio: Gain probability vs. loss probability	1.37	1.42	-0.05
Calmar ratio: Return relative to maximum drawdown	2.74	3.72	-0.98
Martin ratio: Return relative to average drawdown	10.04	15.43	-5.39

EFV vs. VPMCX - Sharpe Ratio Comparison

The current EFV Sharpe Ratio is 2.06, which is comparable to the VPMCX Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of EFV and VPMCX, 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

EFV vs. VPMCX - Drawdown Comparison

The maximum EFV drawdown since its inception was -63.94%, which is greater than VPMCX's maximum drawdown of -50.45%. Use the drawdown chart below to compare losses from any high point for EFV and VPMCX.

Drawdown Indicators

	EFV	VPMCX	Difference
Max Drawdown Largest peak-to-trough decline	-63.94%	-50.45%	-13.49%
Max Drawdown (1Y) Largest decline over 1 year	-10.90%	-11.73%	+0.83%
Max Drawdown (3Y) Largest decline over 3 years	-13.72%	-20.56%	+6.84%
Max Drawdown (5Y) Largest decline over 5 years	-25.84%	-25.25%	-0.59%
Max Drawdown (10Y) Largest decline over 10 years	-43.16%	-32.65%	-10.51%
Current Drawdown Current decline from peak	-1.39%	-7.69%	+6.30%
Average Drawdown Average peak-to-trough decline	-14.75%	-7.39%	-7.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	2.82%	+0.14%

Volatility

EFV vs. VPMCX - Volatility Comparison

The current volatility for iShares MSCI EAFE Value ETF (EFV) is 3.17%, while Vanguard PRIMECAP Fund Investor Shares (VPMCX) has a volatility of 7.08%. This indicates that EFV experiences smaller price fluctuations and is considered to be less risky than VPMCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EFV	VPMCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.17%	7.08%	-3.91%
Volatility (6M) Calculated over the trailing 6-month period	12.15%	15.78%	-3.63%
Volatility (1Y) Calculated over the trailing 1-year period	14.48%	18.53%	-4.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.91%	18.72%	-2.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.44%	19.33%	-1.89%

EFV vs. VPMCX - Expense Ratio Comparison

EFV has a 0.31% expense ratio, which is lower than VPMCX's 0.35% expense ratio.

Dividends

EFV vs. VPMCX - Dividend Comparison

EFV's dividend yield for the trailing twelve months is around 4.69%, less than VPMCX's 13.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EFV iShares MSCI EAFE Value ETF	4.69%	4.16%	4.66%	4.36%	4.17%	4.07%	2.42%	4.62%	4.56%	3.56%	3.28%	3.59%
VPMCX Vanguard PRIMECAP Fund Investor Shares	13.58%	16.36%	6.62%	7.16%	9.85%	10.08%	9.74%	7.15%	8.32%	4.53%	5.05%	5.91%

Frequently Asked Questions

Can I hold both EFV and VPMCX in my portfolio?

EFV and VPMCX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EFV or VPMCX?

VPMCX has higher volatility (7.08%) compared to EFV (3.17%). In terms of maximum drawdown, EFV dropped -63.94% vs VPMCX's -50.45%.

Which has better risk-adjusted returns?

VPMCX currently has the higher Sharpe Ratio (2.35 vs 2.06), 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.