STEZX vs. VTPSX

Last updated Jun 23, 2026

STEZX (AB International Strategic Equities Portfolio) and VTPSX (Vanguard Total International Stock Index Fund Institutional Plus Shares) are both Foreign Large Cap Equities funds. Over the past 10 years, STEZX returned 11.30%/yr vs 10.02%/yr for VTPSX. With a 0.96 correlation, they move nearly in lockstep. STEZX charges 0.71%/yr vs 0.05%/yr for VTPSX.

Performance

STEZX vs. VTPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB International Strategic Equities Portfolio (STEZX) and Vanguard Total International Stock Index Fund Institutional Plus Shares (VTPSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STEZX achieves a 22.80% return, which is significantly higher than VTPSX's 15.63% return. Over the past 10 years, STEZX has outperformed VTPSX with an annualized return of 11.30%, while VTPSX has yielded a comparatively lower 10.02% annualized return.

STEZX

• 1D: 1.85%
• 1M: 3.50%
• YTD: 22.80%
• 6M: 23.95%
• 1Y: 47.28%
• 3Y*: 26.65%
• 5Y*: 13.78%
• 10Y*: 11.30%

VTPSX

• 1D: 1.34%
• 1M: 3.10%
• YTD: 15.63%
• 6M: 16.34%
• 1Y: 34.04%
• 3Y*: 18.64%
• 5Y*: 9.29%
• 10Y*: 10.02%

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

STEZX vs. VTPSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
STEZX AB International Strategic Equities Portfolio	22.80%	43.11%	12.75%	13.56%	-17.62%	10.32%	4.38%	19.93%	-14.94%	29.96%
VTPSX Vanguard Total International Stock Index Fund Institutional Plus Shares	15.63%	32.25%	5.39%	15.31%	-15.99%	8.64%	11.29%	21.57%	-14.40%	27.56%

Correlation

The correlation between STEZX and VTPSX is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.96

The correlation between STEZX and VTPSX has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

Return for Risk

STEZX vs. VTPSX — Risk / Return Rank

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

STEZX

STEZX Risk / Return Rank: 84
STEZX Sharpe Ratio Rank: 87
STEZX Sortino Ratio Rank: 79
STEZX Omega Ratio Rank: 81
STEZX Calmar Ratio Rank: 86
STEZX Martin Ratio Rank: 89

VTPSX

VTPSX Risk / Return Rank: 64
VTPSX Sharpe Ratio Rank: 67
VTPSX Sortino Ratio Rank: 61
VTPSX Omega Ratio Rank: 66
VTPSX Calmar Ratio Rank: 64
VTPSX Martin Ratio Rank: 61

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.

STEZX vs. VTPSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB International Strategic Equities Portfolio (STEZX) and Vanguard Total International Stock Index Fund Institutional Plus Shares (VTPSX). 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.

	STEZX	VTPSX	Difference
Sharpe ratio: Return per unit of total volatility	2.63	2.20	+0.43
Sortino ratio: Return per unit of downside risk	3.43	2.97	+0.46
Omega ratio: Gain probability vs. loss probability	1.49	1.41	+0.08
Calmar ratio: Return relative to maximum drawdown	3.87	2.94	+0.93
Martin ratio: Return relative to average drawdown	16.11	11.45	+4.65

STEZX vs. VTPSX - Sharpe Ratio Comparison

The current STEZX Sharpe Ratio is 2.63, which is comparable to the VTPSX Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of STEZX and VTPSX, 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

STEZX vs. VTPSX - Drawdown Comparison

The maximum STEZX drawdown since its inception was -36.51%, roughly equal to the maximum VTPSX drawdown of -35.77%. Use the drawdown chart below to compare losses from any high point for STEZX and VTPSX.

Drawdown Indicators

	STEZX	VTPSX	Difference
Max Drawdown Largest peak-to-trough decline	-36.51%	-35.77%	-0.74%
Max Drawdown (1Y) Largest decline over 1 year	-12.02%	-11.29%	-0.73%
Max Drawdown (3Y) Largest decline over 3 years	-14.01%	-13.14%	-0.87%
Max Drawdown (5Y) Largest decline over 5 years	-29.85%	-29.49%	-0.36%
Max Drawdown (10Y) Largest decline over 10 years	-36.51%	-35.77%	-0.74%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.28%	-8.03%	+0.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	2.90%	-0.02%

Volatility

STEZX vs. VTPSX - Volatility Comparison

AB International Strategic Equities Portfolio (STEZX) has a higher volatility of 7.55% compared to Vanguard Total International Stock Index Fund Institutional Plus Shares (VTPSX) at 6.11%. This indicates that STEZX's price experiences larger fluctuations and is considered to be riskier than VTPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STEZX	VTPSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.55%	6.11%	+1.44%
Volatility (6M) Calculated over the trailing 6-month period	15.53%	13.05%	+2.48%
Volatility (1Y) Calculated over the trailing 1-year period	17.68%	15.08%	+2.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.59%	15.21%	+1.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.37%	15.97%	+0.40%

STEZX vs. VTPSX - Expense Ratio Comparison

STEZX has a 0.71% expense ratio, which is higher than VTPSX's 0.05% expense ratio.

Dividends

STEZX vs. VTPSX - Dividend Comparison

STEZX's dividend yield for the trailing twelve months is around 10.22%, more than VTPSX's 2.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
STEZX AB International Strategic Equities Portfolio	10.22%	12.56%	2.45%	3.08%	4.12%	5.96%	1.29%	2.05%	3.23%	2.92%	1.72%	0.00%
VTPSX Vanguard Total International Stock Index Fund Institutional Plus Shares	2.52%	3.18%	3.37%	3.25%	3.09%	3.09%	2.13%	3.08%	3.20%	2.77%	2.97%	2.89%

Frequently Asked Questions

Can I hold both STEZX and VTPSX in my portfolio?

With a correlation of 0.95, STEZX and VTPSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, STEZX or VTPSX?

STEZX has higher volatility (7.55%) compared to VTPSX (6.11%). In terms of maximum drawdown, STEZX dropped -36.51% vs VTPSX's -35.77%.

Which has better risk-adjusted returns?

STEZX currently has the higher Sharpe Ratio (2.63 vs 2.20), 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.