LISIX vs. VTSAX

Last updated Jun 23, 2026

LISIX (Lazard International Strategic Equity Portfolio R6) and VTSAX (Vanguard Total Stock Market Index Fund Admiral Shares) are both mutual funds - LISIX is a Foreign Large Cap Equities fund managed by Lazard, while VTSAX is a Large Cap Blend Equities fund managed by Vanguard. Over the past 10 years, LISIX returned 7.87%/yr vs 15.06%/yr for VTSAX. A 0.76 correlation means they provide meaningful diversification when combined. LISIX charges 0.80%/yr vs 0.04%/yr for VTSAX.

Performance

LISIX vs. VTSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard International Strategic Equity Portfolio R6 (LISIX) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LISIX achieves a 13.87% return, which is significantly higher than VTSAX's 10.72% return. Over the past 10 years, LISIX has underperformed VTSAX with an annualized return of 7.87%, while VTSAX has yielded a comparatively higher 15.06% annualized return.

LISIX

• 1D: 1.49%
• 1M: 3.32%
• YTD: 13.87%
• 6M: 13.35%
• 1Y: 23.90%
• 3Y*: 13.41%
• 5Y*: 6.34%
• 10Y*: 7.87%

VTSAX

• 1D: 1.14%
• 1M: 0.90%
• YTD: 10.72%
• 6M: 9.93%
• 1Y: 27.56%
• 3Y*: 20.66%
• 5Y*: 12.87%
• 10Y*: 15.06%

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

LISIX vs. VTSAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LISIX Lazard International Strategic Equity Portfolio R6	13.87%	25.70%	-1.42%	17.08%	-16.89%	6.07%	10.58%	21.56%	-10.48%	27.87%
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares	10.72%	17.12%	23.23%	26.51%	-19.52%	25.72%	20.98%	30.79%	-5.18%	21.16%

Correlation

The correlation between LISIX and VTSAX is 0.80, 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	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (10Y) Calculated over the trailing 10-year period	0.78
Correlation (All Time) Calculated using the full available price history since Oct 31, 2005	0.76

The correlation between LISIX and VTSAX has been stable across timeframes, ranging from 0.76 to 0.80 - a consistent structural relationship.

Return for Risk

LISIX vs. VTSAX — Risk / Return Rank

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

LISIX

LISIX Risk / Return Rank: 32
LISIX Sharpe Ratio Rank: 31
LISIX Sortino Ratio Rank: 32
LISIX Omega Ratio Rank: 31
LISIX Calmar Ratio Rank: 30
LISIX Martin Ratio Rank: 37

VTSAX

VTSAX Risk / Return Rank: 65
VTSAX Sharpe Ratio Rank: 63
VTSAX Sortino Ratio Rank: 57
VTSAX Omega Ratio Rank: 58
VTSAX Calmar Ratio Rank: 70
VTSAX Martin Ratio Rank: 80

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.

LISIX vs. VTSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard International Strategic Equity Portfolio R6 (LISIX) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX). 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.

	LISIX	VTSAX	Difference
Sharpe ratio: Return per unit of total volatility	1.48	2.14	-0.66
Sortino ratio: Return per unit of downside risk	2.19	2.90	-0.71
Omega ratio: Gain probability vs. loss probability	1.27	1.38	-0.11
Calmar ratio: Return relative to maximum drawdown	1.94	3.07	-1.14
Martin ratio: Return relative to average drawdown	7.70	13.77	-6.07

LISIX vs. VTSAX - Sharpe Ratio Comparison

The current LISIX Sharpe Ratio is 1.48, which is lower than the VTSAX Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of LISIX and VTSAX, 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

LISIX vs. VTSAX - Drawdown Comparison

The maximum LISIX drawdown since its inception was -55.70%, roughly equal to the maximum VTSAX drawdown of -55.33%. Use the drawdown chart below to compare losses from any high point for LISIX and VTSAX.

Drawdown Indicators

	LISIX	VTSAX	Difference
Max Drawdown Largest peak-to-trough decline	-55.70%	-55.33%	-0.37%
Max Drawdown (1Y) Largest decline over 1 year	-12.28%	-8.92%	-3.36%
Max Drawdown (3Y) Largest decline over 3 years	-16.26%	-19.36%	+3.10%
Max Drawdown (5Y) Largest decline over 5 years	-32.52%	-25.36%	-7.16%
Max Drawdown (10Y) Largest decline over 10 years	-36.01%	-34.97%	-1.04%
Current Drawdown Current decline from peak	0.00%	-1.13%	+1.13%
Average Drawdown Average peak-to-trough decline	-10.47%	-8.99%	-1.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.08%	1.99%	+1.09%

Volatility

LISIX vs. VTSAX - Volatility Comparison

Lazard International Strategic Equity Portfolio R6 (LISIX) has a higher volatility of 6.86% compared to Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) at 4.88%. This indicates that LISIX's price experiences larger fluctuations and is considered to be riskier than VTSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LISIX	VTSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.86%	4.88%	+1.98%
Volatility (6M) Calculated over the trailing 6-month period	14.11%	10.11%	+4.00%
Volatility (1Y) Calculated over the trailing 1-year period	16.01%	12.80%	+3.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.77%	17.45%	+0.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.35%	18.45%	-1.10%

LISIX vs. VTSAX - Expense Ratio Comparison

LISIX has a 0.80% expense ratio, which is higher than VTSAX's 0.04% expense ratio.

Dividends

LISIX vs. VTSAX - Dividend Comparison

LISIX's dividend yield for the trailing twelve months is around 25.26%, more than VTSAX's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LISIX Lazard International Strategic Equity Portfolio R6	25.26%	28.77%	13.47%	1.46%	1.39%	8.82%	1.01%	1.85%	9.01%	1.30%	1.60%	1.16%
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares	1.01%	1.11%	1.26%	1.42%	1.65%	1.20%	1.41%	1.76%	2.03%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both LISIX and VTSAX in my portfolio?

LISIX and VTSAX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LISIX or VTSAX?

LISIX has higher volatility (6.86%) compared to VTSAX (4.88%). In terms of maximum drawdown, LISIX dropped -55.70% vs VTSAX's -55.33%.

Which has better risk-adjusted returns?

VTSAX currently has the higher Sharpe Ratio (2.14 vs 1.48), 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.