SSIFX vs. VIHAX

Last updated Aug 1, 2026

SSIFX (Sextant International Fund) and VIHAX (Vanguard International High Dividend Yield Index Fund Admiral Shares) are both mutual funds - SSIFX is a Foreign Large Cap Equities fund managed by Sextant Mutual Funds, while VIHAX is a Large Cap Value Equities fund tracking the FTSE All-World ex US High Dividend Yield Index. Over the past 10 years, SSIFX returned 10.99%/yr vs 11.25%/yr for VIHAX. Their 0.74 correlation means they have sometimes moved together and sometimes differently. SSIFX charges 1.27%/yr vs 0.16%/yr for VIHAX.

Performance

SSIFX vs. VIHAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sextant International Fund (SSIFX) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SSIFX achieves a 15.36% return, which is significantly lower than VIHAX's 18.05% return. Both investments have delivered pretty close results over the past 10 years, with SSIFX having a 10.99% annualized return and VIHAX not far ahead at 11.25%.

SSIFX

• 1D: 4.06%
• 1M: -2.66%
• 6M: 8.79%
• YTD: 15.36%
• 1Y: 26.61%
• 3Y*: 16.08%
• 5Y*: 7.36%
• 10Y*: 10.99%
• ALL TIME*: 8.03%

VIHAX

• 1D: 2.01%
• 1M: 4.98%
• 6M: 11.54%
• YTD: 18.05%
• 1Y: 35.31%
• 3Y*: 21.69%
• 5Y*: 14.15%
• 10Y*: 11.25%
• ALL TIME*: 11.29%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SSIFX Sextant International Fund	$0.00	$0.00	$0.00
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares	$0.00	$0.00	$0.00

SSIFX vs. VIHAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SSIFX Sextant International Fund	15.36%	22.73%	1.26%	24.82%	-22.62%	17.45%	15.09%	26.86%	-3.92%	25.45%
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares	18.05%	38.01%	6.96%	16.81%	-6.88%	15.01%	-0.73%	20.03%	-12.38%	22.40%

Correlation

The correlation between SSIFX and VIHAX is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.69
Correlation (3Y) Balances recent behavior with more history.	0.68
Correlation (5Y) Shows whether the relationship held over a longer period.	0.71
Correlation (10Y) Provides a long-term view across more market conditions.	0.73
Correlation (All Time) Calculated using the full available price history since Mar 7, 2016	0.74

The correlation between SSIFX and VIHAX has been stable across timeframes, ranging from 0.68 to 0.74 - a consistent structural relationship.

Return for Risk

SSIFX vs. VIHAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SSIFX

SSIFX Risk / Return Rank: 40
SSIFX Sharpe Ratio Rank: 35
SSIFX Sortino Ratio Rank: 35
SSIFX Omega Ratio Rank: 34
SSIFX Calmar Ratio Rank: 55
SSIFX Martin Ratio Rank: 41

VIHAX

VIHAX Risk / Return Rank: 94
VIHAX Sharpe Ratio Rank: 97
VIHAX Sortino Ratio Rank: 95
VIHAX Omega Ratio Rank: 92
VIHAX Calmar Ratio Rank: 92
VIHAX Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SSIFX vs. VIHAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sextant International Fund (SSIFX) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX). 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.

	SSIFX	VIHAX	Difference
Sharpe ratio: Return per unit of total volatility	1.11	2.85	-1.74
Sortino ratio: Return per unit of downside risk	1.62	3.92	-2.30
Omega ratio: Gain probability vs. loss probability	1.20	1.52	-0.32
Calmar ratio: Return relative to maximum drawdown	1.96	3.62	-1.66
Martin ratio: Return relative to average drawdown	5.98	13.83	-7.85

SSIFX vs. VIHAX - Sharpe Ratio Comparison

The current SSIFX Sharpe Ratio is 1.11, which is lower than the VIHAX Sharpe Ratio of 2.85. The chart below compares the historical Sharpe Ratios of SSIFX and VIHAX, 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

SSIFX vs. VIHAX - Drawdown Comparison

The maximum SSIFX drawdown since its inception was -56.24%, which is greater than VIHAX's maximum drawdown of -38.80%. Use the drawdown chart below to compare losses from any high point for SSIFX and VIHAX.

Drawdown Indicators

	SSIFX	VIHAX	Difference
Max Drawdown Largest peak-to-trough decline	-56.24%	-38.80%	-17.44%
Max Drawdown (1Y) Largest decline over 1 year	-12.38%	-9.53%	-2.85%
Max Drawdown (3Y) Largest decline over 3 years	-20.44%	-12.29%	-8.15%
Max Drawdown (5Y) Largest decline over 5 years	-34.21%	-23.92%	-10.29%
Max Drawdown (10Y) Largest decline over 10 years	-34.21%	-38.80%	+4.59%
Current Drawdown Current decline from peak	-6.45%	0.00%	-6.45%
Average Drawdown Average peak-to-trough decline	-11.78%	-5.94%	-5.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.04%	2.49%	+1.55%

Volatility

SSIFX vs. VIHAX - Volatility Comparison

Sextant International Fund (SSIFX) has a higher volatility of 6.84% compared to Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX) at 3.47%. This indicates that SSIFX's price experiences larger fluctuations and is considered to be riskier than VIHAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SSIFX	VIHAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.84%	3.47%	+3.37%
Volatility (6M) Calculated over the trailing 6-month period	17.72%	10.27%	+7.45%
Volatility (1Y) Calculated over the trailing 1-year period	21.88%	12.15%	+9.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.31%	13.77%	+5.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.11%	15.55%	+2.56%

SSIFX vs. VIHAX - Expense Ratio Comparison

SSIFX has a 1.27% expense ratio, which is higher than VIHAX's 0.16% expense ratio.

Dividends

SSIFX vs. VIHAX - Dividend Comparison

SSIFX's dividend yield for the trailing twelve months is around 13.96%, more than VIHAX's 3.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SSIFX Sextant International Fund	13.96%	15.83%	0.54%	0.34%	0.00%	8.32%	0.36%	3.57%	8.03%	8.94%	1.30%	1.86%
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares	3.43%	3.69%	4.85%	4.58%	4.70%	4.30%	3.22%	5.63%	4.28%	3.16%	2.37%	0.00%

Frequently Asked Questions

Can I hold both SSIFX and VIHAX in my portfolio?

SSIFX and VIHAX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SSIFX or VIHAX?

SSIFX has higher volatility (6.84%) compared to VIHAX (3.47%). In terms of maximum drawdown, SSIFX dropped -56.24% vs VIHAX's -38.80%.

Which has better risk-adjusted returns?

VIHAX currently has the higher Sharpe Ratio (2.85 vs 1.11), 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.