HDDVX vs. VZICX

Last updated Jun 25, 2026

HDDVX (Janus Henderson International Dividend Fund Class D) and VZICX (Vanguard International Core Stock Fund Admiral Shares) are both mutual funds - HDDVX is a Global Equity Income fund actively managed by Janus Henderson, while VZICX is a Foreign Large Cap Equities fund managed by Vanguard. Over the past 5 years, HDDVX returned 12.36%/yr vs 11.61%/yr for VZICX. Their correlation of 0.89 suggests significant overlap in exposure. HDDVX charges 0.90%/yr vs 0.35%/yr for VZICX.

Performance

HDDVX vs. VZICX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson International Dividend Fund Class D (HDDVX) and Vanguard International Core Stock Fund Admiral Shares (VZICX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HDDVX achieves a 14.95% return, which is significantly higher than VZICX's 12.46% return.

HDDVX

• 1D: -1.84%
• 1M: 2.81%
• YTD: 14.95%
• 6M: 15.01%
• 1Y: 24.66%
• 3Y*: 20.03%
• 5Y*: 12.36%
• 10Y*: —

VZICX

• 1D: -3.18%
• 1M: 0.66%
• YTD: 12.46%
• 6M: 12.36%
• 1Y: 30.64%
• 3Y*: 22.47%
• 5Y*: 11.61%
• 10Y*: —

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

HDDVX vs. VZICX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
HDDVX Janus Henderson International Dividend Fund Class D	14.95%	29.23%	8.73%	17.97%	-8.67%	11.66%	5.15%	6.19%
VZICX Vanguard International Core Stock Fund Admiral Shares	12.46%	38.55%	8.74%	14.35%	-10.62%	11.85%	9.23%	7.37%

Correlation

The correlation between HDDVX and VZICX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Sep 24, 2019	0.89

The correlation between HDDVX and VZICX has been stable across timeframes, ranging from 0.87 to 0.89 - a consistent structural relationship.

Return for Risk

HDDVX vs. VZICX — Risk / Return Rank

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

HDDVX

HDDVX Risk / Return Rank: 49
HDDVX Sharpe Ratio Rank: 54
HDDVX Sortino Ratio Rank: 46
HDDVX Omega Ratio Rank: 55
HDDVX Calmar Ratio Rank: 47
HDDVX Martin Ratio Rank: 45

VZICX

VZICX Risk / Return Rank: 61
VZICX Sharpe Ratio Rank: 59
VZICX Sortino Ratio Rank: 52
VZICX Omega Ratio Rank: 60
VZICX Calmar Ratio Rank: 69
VZICX Martin Ratio Rank: 65

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.

HDDVX vs. VZICX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson International Dividend Fund Class D (HDDVX) and Vanguard International Core Stock Fund Admiral Shares (VZICX). 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.

	HDDVX	VZICX	Difference
Sharpe ratio: Return per unit of total volatility	1.88	2.07	-0.19
Sortino ratio: Return per unit of downside risk	2.51	2.77	-0.26
Omega ratio: Gain probability vs. loss probability	1.35	1.39	-0.04
Calmar ratio: Return relative to maximum drawdown	2.38	3.05	-0.68
Martin ratio: Return relative to average drawdown	8.53	11.79	-3.26

HDDVX vs. VZICX - Sharpe Ratio Comparison

The current HDDVX Sharpe Ratio is 1.88, which is comparable to the VZICX Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of HDDVX and VZICX, 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

HDDVX vs. VZICX - Drawdown Comparison

The maximum HDDVX drawdown since its inception was -28.60%, smaller than the maximum VZICX drawdown of -34.37%. Use the drawdown chart below to compare losses from any high point for HDDVX and VZICX.

Drawdown Indicators

	HDDVX	VZICX	Difference
Max Drawdown Largest peak-to-trough decline	-28.60%	-34.37%	+5.77%
Max Drawdown (1Y) Largest decline over 1 year	-11.32%	-10.81%	-0.51%
Max Drawdown (3Y) Largest decline over 3 years	-13.01%	-13.30%	+0.29%
Max Drawdown (5Y) Largest decline over 5 years	-22.99%	-24.89%	+1.90%
Current Drawdown Current decline from peak	-1.84%	-3.18%	+1.34%
Average Drawdown Average peak-to-trough decline	-4.46%	-5.67%	+1.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.15%	2.79%	+0.36%

Volatility

HDDVX vs. VZICX - Volatility Comparison

The current volatility for Janus Henderson International Dividend Fund Class D (HDDVX) is 5.91%, while Vanguard International Core Stock Fund Admiral Shares (VZICX) has a volatility of 7.24%. This indicates that HDDVX experiences smaller price fluctuations and is considered to be less risky than VZICX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HDDVX	VZICX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.91%	7.24%	-1.33%
Volatility (6M) Calculated over the trailing 6-month period	12.22%	13.81%	-1.59%
Volatility (1Y) Calculated over the trailing 1-year period	14.30%	15.95%	-1.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.85%	15.54%	-1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.92%	18.03%	-4.11%

HDDVX vs. VZICX - Expense Ratio Comparison

HDDVX has a 0.90% expense ratio, which is higher than VZICX's 0.35% expense ratio.

Dividends

HDDVX vs. VZICX - Dividend Comparison

HDDVX's dividend yield for the trailing twelve months is around 6.67%, more than VZICX's 3.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
HDDVX Janus Henderson International Dividend Fund Class D	6.67%	7.61%	6.50%	3.08%	4.12%	4.58%	3.22%	3.15%	4.12%	2.32%
VZICX Vanguard International Core Stock Fund Admiral Shares	3.92%	4.41%	2.65%	2.20%	2.10%	4.37%	1.89%	0.11%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HDDVX and VZICX in my portfolio?

HDDVX and VZICX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HDDVX or VZICX?

VZICX has higher volatility (7.24%) compared to HDDVX (5.91%). In terms of maximum drawdown, HDDVX dropped -28.60% vs VZICX's -34.37%.

Which has better risk-adjusted returns?

VZICX currently has the higher Sharpe Ratio (2.07 vs 1.88), 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.