MAIIX vs. VFAIX
MAIIX (iShares MSCI EAFE International Index Fund) and VFAIX (Vanguard Financials Index Fund Admiral Shares) are both mutual funds - MAIIX is a Foreign Large Cap Equities fund managed by BlackRock, while VFAIX is a Financials Equities fund tracking the MSCI US Investable Market Financials 25/50 Index. Over the past 10 years, MAIIX returned 9.58%/yr vs 13.32%/yr for VFAIX. A 0.66 correlation means they provide meaningful diversification when combined. Both charge a 0.09% expense ratio.
Performance
MAIIX vs. VFAIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MAIIX achieves a 10.54% return, which is significantly higher than VFAIX's 3.24% return. Over the past 10 years, MAIIX has underperformed VFAIX with an annualized return of 9.58%, while VFAIX has yielded a comparatively higher 13.32% annualized return.
MAIIX
- 1D
- 0.23%
- 1M
- 0.80%
- 6M
- 6.74%
- YTD
- 10.54%
- 1Y
- 21.38%
- 3Y*
- 17.18%
- 5Y*
- 9.15%
- 10Y*
- 9.58%
VFAIX
- 1D
- 0.32%
- 1M
- 4.85%
- 6M
- 2.04%
- YTD
- 3.24%
- 1Y
- 9.11%
- 3Y*
- 20.53%
- 5Y*
- 11.00%
- 10Y*
- 13.32%
MAIIX vs. VFAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MAIIX iShares MSCI EAFE International Index Fund | 10.54% | 31.62% | 3.65% | 18.35% | -14.15% | 11.25% | 8.03% | 21.82% | -13.43% | 25.24% |
VFAIX Vanguard Financials Index Fund Admiral Shares | 3.24% | 14.90% | 30.46% | 14.07% | -12.26% | 36.27% | -2.15% | 31.63% | -13.47% | 20.05% |
Correlation
The correlation between MAIIX and VFAIX is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2004 | 0.66 |
The correlation between MAIIX and VFAIX shifts across timeframes, from 0.50 (1 year) to 0.66 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MAIIX vs. VFAIX — Risk / Return Rank
MAIIX
VFAIX
MAIIX vs. VFAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EAFE International Index Fund (MAIIX) and Vanguard Financials Index Fund Admiral Shares (VFAIX). 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.
| MAIIX | VFAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.76 | ||
| Sortino ratioReturn per unit of downside risk | +1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.10 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.80 | 0.54 | +1.26 |
| Martin ratioReturn relative to average drawdown | 6.71 | 1.40 | +5.30 |
Loading charts...
Drawdowns
MAIIX vs. VFAIX - Drawdown Comparison
The maximum MAIIX drawdown since its inception was -61.05%, smaller than the maximum VFAIX drawdown of -78.64%. Use the drawdown chart below to compare losses from any high point for MAIIX and VFAIX.
Loading charts...
Drawdown Indicators
| MAIIX | VFAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.05% | -78.64% | +17.59% |
Max Drawdown (1Y)Largest decline over 1 year | -11.31% | -14.72% | +3.41% |
Max Drawdown (3Y)Largest decline over 3 years | -13.68% | -17.31% | +3.63% |
Max Drawdown (5Y)Largest decline over 5 years | -29.31% | -25.71% | -3.60% |
Max Drawdown (10Y)Largest decline over 10 years | -34.01% | -44.37% | +10.36% |
Current DrawdownCurrent decline from peak | -1.11% | -0.74% | -0.37% |
Average DrawdownAverage peak-to-trough decline | -15.29% | -18.54% | +3.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 5.68% | -2.64% |
Volatility
MAIIX vs. VFAIX - Volatility Comparison
iShares MSCI EAFE International Index Fund (MAIIX) has a higher volatility of 5.24% compared to Vanguard Financials Index Fund Admiral Shares (VFAIX) at 4.22%. This indicates that MAIIX's price experiences larger fluctuations and is considered to be riskier than VFAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MAIIX | VFAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.24% | 4.22% | +1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 13.26% | 11.50% | +1.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.74% | 15.06% | +0.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.25% | 19.25% | -3.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.37% | 22.53% | -6.16% |
MAIIX vs. VFAIX - Expense Ratio Comparison
Both MAIIX and VFAIX have an expense ratio of 0.09%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
MAIIX vs. VFAIX - Dividend Comparison
MAIIX's dividend yield for the trailing twelve months is around 3.35%, more than VFAIX's 1.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAIIX iShares MSCI EAFE International Index Fund | 3.35% | 3.71% | 3.38% | 3.16% | 2.76% | 3.00% | 1.94% | 3.29% | 4.53% | 2.42% | 2.81% | 2.40% |
VFAIX Vanguard Financials Index Fund Admiral Shares | 1.70% | 1.56% | 1.75% | 2.08% | 2.31% | 2.62% | 2.21% | 2.17% | 2.30% | 1.54% | 1.64% | 2.00% |
Frequently Asked Questions
MAIIX and VFAIX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MAIIX has higher volatility (5.24%) compared to VFAIX (4.22%). In terms of maximum drawdown, MAIIX dropped -61.05% vs VFAIX's -78.64%.
MAIIX currently has the higher Sharpe Ratio (1.29 vs 0.53), 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.
Find the right allocation for MAIIX and VFAIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer