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KGGAX vs. VFSNX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

KGGAX vs. VFSNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kopernik Global All-Cap Fund Class A (KGGAX) and Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares (VFSNX). The values are adjusted to include any dividend payments, if applicable.

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KGGAX vs. VFSNX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
KGGAX
Kopernik Global All-Cap Fund Class A
7.29%64.46%-4.79%13.08%-9.24%16.59%36.89%9.76%-11.34%8.77%
VFSNX
Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares
1.30%29.97%2.63%15.18%-21.26%12.74%11.92%21.72%-18.46%30.30%

Returns By Period

In the year-to-date period, KGGAX achieves a 7.29% return, which is significantly higher than VFSNX's 1.30% return. Over the past 10 years, KGGAX has outperformed VFSNX with an annualized return of 14.57%, while VFSNX has yielded a comparatively lower 7.58% annualized return.


KGGAX

1D
2.57%
1M
-7.09%
YTD
7.29%
6M
14.89%
1Y
54.61%
3Y*
22.34%
5Y*
12.91%
10Y*
14.57%

VFSNX

1D
2.40%
1M
-8.23%
YTD
1.30%
6M
3.65%
1Y
29.26%
3Y*
13.66%
5Y*
5.38%
10Y*
7.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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KGGAX vs. VFSNX - Expense Ratio Comparison

KGGAX has a 1.26% expense ratio, which is higher than VFSNX's 0.11% expense ratio.


Return for Risk

KGGAX vs. VFSNX — Risk / Return Rank

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

KGGAX
KGGAX Risk / Return Rank: 9898
Overall Rank
KGGAX Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
KGGAX Sortino Ratio Rank: 9797
Sortino Ratio Rank
KGGAX Omega Ratio Rank: 9797
Omega Ratio Rank
KGGAX Calmar Ratio Rank: 9898
Calmar Ratio Rank
KGGAX Martin Ratio Rank: 9797
Martin Ratio Rank

VFSNX
VFSNX Risk / Return Rank: 8989
Overall Rank
VFSNX Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
VFSNX Sortino Ratio Rank: 8989
Sortino Ratio Rank
VFSNX Omega Ratio Rank: 8989
Omega Ratio Rank
VFSNX Calmar Ratio Rank: 8787
Calmar Ratio Rank
VFSNX Martin Ratio Rank: 8686
Martin Ratio Rank
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.

KGGAX vs. VFSNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kopernik Global All-Cap Fund Class A (KGGAX) and Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares (VFSNX). 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.


KGGAXVFSNXDifference

Sharpe ratio

Return per unit of total volatility

3.54

2.06

+1.48

Sortino ratio

Return per unit of downside risk

4.19

2.63

+1.56

Omega ratio

Gain probability vs. loss probability

1.63

1.41

+0.23

Calmar ratio

Return relative to maximum drawdown

5.00

2.49

+2.51

Martin ratio

Return relative to average drawdown

18.23

9.81

+8.42

KGGAX vs. VFSNX - Sharpe Ratio Comparison

The current KGGAX Sharpe Ratio is 3.54, which is higher than the VFSNX Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of KGGAX and VFSNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


KGGAXVFSNXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.54

2.06

+1.48

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.86

0.36

+0.50

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.97

0.49

+0.48

Sharpe Ratio (All Time)

Calculated using the full available price history

0.61

0.56

+0.05

Correlation

The correlation between KGGAX and VFSNX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

KGGAX vs. VFSNX - Dividend Comparison

KGGAX's dividend yield for the trailing twelve months is around 15.02%, more than VFSNX's 3.32% yield.


TTM20252024202320222021202020192018201720162015
KGGAX
Kopernik Global All-Cap Fund Class A
15.02%16.11%1.04%8.29%13.22%9.00%4.59%2.72%0.00%4.12%3.09%0.40%
VFSNX
Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares
3.32%3.36%3.41%3.11%2.26%2.70%1.90%3.25%2.81%2.85%2.93%2.69%

Drawdowns

KGGAX vs. VFSNX - Drawdown Comparison

The maximum KGGAX drawdown since its inception was -45.27%, roughly equal to the maximum VFSNX drawdown of -43.65%. Use the drawdown chart below to compare losses from any high point for KGGAX and VFSNX.


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Drawdown Indicators


KGGAXVFSNXDifference

Max Drawdown

Largest peak-to-trough decline

-45.27%

-43.65%

-1.62%

Max Drawdown (1Y)

Largest decline over 1 year

-10.63%

-11.47%

+0.84%

Max Drawdown (5Y)

Largest decline over 5 years

-26.59%

-33.75%

+7.16%

Max Drawdown (10Y)

Largest decline over 10 years

-31.90%

-43.65%

+11.75%

Current Drawdown

Current decline from peak

-7.14%

-9.35%

+2.21%

Average Drawdown

Average peak-to-trough decline

-9.76%

-9.56%

-0.20%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.92%

2.91%

+0.01%

Volatility

KGGAX vs. VFSNX - Volatility Comparison

Kopernik Global All-Cap Fund Class A (KGGAX) and Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares (VFSNX) have volatilities of 6.36% and 6.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


KGGAXVFSNXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.36%

6.66%

-0.30%

Volatility (6M)

Calculated over the trailing 6-month period

12.51%

10.11%

+2.40%

Volatility (1Y)

Calculated over the trailing 1-year period

15.41%

14.58%

+0.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.10%

14.89%

+0.21%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.08%

15.67%

-0.59%