NNN vs. VIGI

Last updated Jun 13, 2026

NNN (National Retail Properties, Inc.) is a stock, while VIGI (Vanguard International Dividend Appreciation ETF) is Dividend fund tracking the S&P Global Ex-U.S. Dividend Growers Index. Over the past 10 years, NNN returned 4.86%/yr vs 8.31%/yr for VIGI. At a 0.33 correlation, their price movements are largely independent.

Performance

NNN vs. VIGI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in National Retail Properties, Inc. (NNN) and Vanguard International Dividend Appreciation ETF (VIGI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NNN achieves a 20.94% return, which is significantly higher than VIGI's 3.10% return. Over the past 10 years, NNN has underperformed VIGI with an annualized return of 4.86%, while VIGI has yielded a comparatively higher 8.31% annualized return.

NNN

• 1D: 1.04%
• 1M: 6.56%
• YTD: 20.94%
• 6M: 18.43%
• 1Y: 16.33%
• 3Y*: 8.84%
• 5Y*: 4.06%
• 10Y*: 4.86%

VIGI

• 1D: -0.22%
• 1M: 0.88%
• YTD: 3.10%
• 6M: 3.92%
• 1Y: 6.49%
• 3Y*: 9.51%
• 5Y*: 4.27%
• 10Y*: 8.31%

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

NNN vs. VIGI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NNN National Retail Properties, Inc.	20.94%	2.81%	-0.06%	-0.60%	-0.01%	23.08%	-19.29%	14.78%	17.82%	2.00%
VIGI Vanguard International Dividend Appreciation ETF	3.10%	16.88%	2.73%	16.30%	-16.79%	12.51%	14.66%	27.53%	-11.50%	27.97%

Correlation

The correlation between NNN and VIGI is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since Mar 2, 2016	0.33

The correlation between NNN and VIGI shifts across timeframes, from 0.22 (1 year) to 0.38 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

NNN vs. VIGI — Risk / Return Rank

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

NNN

NNN Risk / Return Rank: 70
NNN Sharpe Ratio Rank: 73
NNN Sortino Ratio Rank: 66
NNN Omega Ratio Rank: 63
NNN Calmar Ratio Rank: 75
NNN Martin Ratio Rank: 74

VIGI

VIGI Risk / Return Rank: 16
VIGI Sharpe Ratio Rank: 16
VIGI Sortino Ratio Rank: 15
VIGI Omega Ratio Rank: 15
VIGI Calmar Ratio Rank: 16
VIGI Martin Ratio Rank: 18

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.

NNN vs. VIGI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for National Retail Properties, Inc. (NNN) and Vanguard International Dividend Appreciation ETF (VIGI). 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.

	NNN	VIGI	Difference
Sharpe ratio: Return per unit of total volatility	0.97	0.39	+0.58
Sortino ratio: Return per unit of downside risk	1.44	0.64	+0.80
Omega ratio: Gain probability vs. loss probability	1.17	1.08	+0.09
Calmar ratio: Return relative to maximum drawdown	1.82	0.48	+1.34
Martin ratio: Return relative to average drawdown	4.18	1.70	+2.49

NNN vs. VIGI - Sharpe Ratio Comparison

The current NNN Sharpe Ratio is 0.97, which is higher than the VIGI Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of NNN and VIGI, 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

NNN vs. VIGI - Drawdown Comparison

The maximum NNN drawdown since its inception was -56.17%, which is greater than VIGI's maximum drawdown of -31.01%. Use the drawdown chart below to compare losses from any high point for NNN and VIGI.

Drawdown Indicators

	NNN	VIGI	Difference
Max Drawdown Largest peak-to-trough decline	-56.17%	-31.01%	-25.16%
Max Drawdown (1Y) Largest decline over 1 year	-8.83%	-10.64%	+1.81%
Max Drawdown (3Y) Largest decline over 3 years	-22.03%	-14.50%	-7.53%
Max Drawdown (5Y) Largest decline over 5 years	-25.22%	-28.80%	+3.58%
Max Drawdown (10Y) Largest decline over 10 years	-54.99%	-31.01%	-23.98%
Current Drawdown Current decline from peak	0.00%	-2.03%	+2.03%
Average Drawdown Average peak-to-trough decline	-9.81%	-6.17%	-3.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.83%	3.04%	+0.79%

Volatility

NNN vs. VIGI - Volatility Comparison

National Retail Properties, Inc. (NNN) has a higher volatility of 5.32% compared to Vanguard International Dividend Appreciation ETF (VIGI) at 3.35%. This indicates that NNN's price experiences larger fluctuations and is considered to be riskier than VIGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NNN	VIGI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.32%	3.35%	+1.97%
Volatility (6M) Calculated over the trailing 6-month period	11.51%	10.40%	+1.11%
Volatility (1Y) Calculated over the trailing 1-year period	16.56%	13.20%	+3.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.69%	14.47%	+5.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.09%	15.87%	+12.22%

Dividends

NNN vs. VIGI - Dividend Comparison

NNN's dividend yield for the trailing twelve months is around 5.15%, more than VIGI's 2.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NNN National Retail Properties, Inc.	5.15%	5.96%	5.61%	5.17%	4.72%	4.37%	5.06%	3.79%	4.02%	4.31%	4.03%	4.27%
VIGI Vanguard International Dividend Appreciation ETF	2.14%	2.14%	1.93%	1.92%	2.06%	7.02%	1.29%	1.83%	1.99%	1.75%	1.05%	0.00%

Frequently Asked Questions

Can I hold both NNN and VIGI in my portfolio?

NNN and VIGI have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NNN or VIGI?

NNN has higher volatility (5.32%) compared to VIGI (3.35%). In terms of maximum drawdown, NNN dropped -56.17% vs VIGI's -31.01%.

Which has better risk-adjusted returns?

NNN currently has the higher Sharpe Ratio (0.97 vs 0.39), 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.