TROIX vs. VXUS

Last updated Jun 4, 2026

TROIX (T. Rowe Price Overseas Stock Fund Class I) and VXUS (Vanguard Total International Stock ETF) are both funds - TROIX is a Foreign Large Cap Equities fund actively managed by T. Rowe Price, while VXUS is a Global Equities fund tracking the FTSE Global All Cap ex US Index. TROIX is actively managed, while VXUS is passively managed. Over the past 10 years, TROIX returned 9.47%/yr vs 9.76%/yr for VXUS. With a 0.95 correlation, they move nearly in lockstep. TROIX charges 0.67%/yr vs 0.05%/yr for VXUS.

Performance

TROIX vs. VXUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Overseas Stock Fund Class I (TROIX) and Vanguard Total International Stock ETF (VXUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TROIX achieves a 9.77% return, which is significantly lower than VXUS's 14.25% return. Both investments have delivered pretty close results over the past 10 years, with TROIX having a 9.47% annualized return and VXUS not far ahead at 9.76%.

TROIX

• 1D: 0.45%
• 1M: 4.90%
• YTD: 9.77%
• 6M: 12.42%
• 1Y: 25.83%
• 3Y*: 16.73%
• 5Y*: 8.03%
• 10Y*: 9.47%

VXUS

• 1D: -0.99%
• 1M: 4.68%
• YTD: 14.25%
• 6M: 16.92%
• 1Y: 32.01%
• 3Y*: 19.30%
• 5Y*: 8.46%
• 10Y*: 9.76%

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

TROIX vs. VXUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TROIX T. Rowe Price Overseas Stock Fund Class I	9.77%	31.93%	2.96%	16.60%	-15.38%	12.43%	9.33%	23.04%	-14.85%	27.25%
VXUS Vanguard Total International Stock ETF	14.25%	32.35%	5.08%	15.86%	-16.08%	8.98%	10.66%	21.75%	-14.43%	27.46%

Correlation

The correlation between TROIX and VXUS is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Sep 9, 2015	0.95

The correlation between TROIX and VXUS has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.

Return for Risk

TROIX vs. VXUS — Risk / Return Rank

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

TROIX

TROIX Risk / Return Rank: 32
TROIX Sharpe Ratio Rank: 32
TROIX Sortino Ratio Rank: 31
TROIX Omega Ratio Rank: 32
TROIX Calmar Ratio Rank: 29
TROIX Martin Ratio Rank: 33

VXUS

VXUS Risk / Return Rank: 60
VXUS Sharpe Ratio Rank: 61
VXUS Sortino Ratio Rank: 60
VXUS Omega Ratio Rank: 62
VXUS Calmar Ratio Rank: 56
VXUS 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.

TROIX vs. VXUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Overseas Stock Fund Class I (TROIX) and Vanguard Total International Stock ETF (VXUS). 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.

	TROIX	VXUS	Difference
Sharpe ratio: Return per unit of total volatility	1.63	2.12	-0.48
Sortino ratio: Return per unit of downside risk	2.33	2.90	-0.57
Omega ratio: Gain probability vs. loss probability	1.30	1.39	-0.09
Calmar ratio: Return relative to maximum drawdown	2.02	2.85	-0.83
Martin ratio: Return relative to average drawdown	7.50	11.14	-3.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TROIX vs. VXUS - Sharpe Ratio Comparison

The current TROIX Sharpe Ratio is 1.63, which is comparable to the VXUS Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of TROIX and VXUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TROIX	VXUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.63	2.12	-0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.53	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	0.57	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.39	+0.13

Drawdowns

TROIX vs. VXUS - Drawdown Comparison

The maximum TROIX drawdown since its inception was -36.11%, roughly equal to the maximum VXUS drawdown of -35.97%. Use the drawdown chart below to compare losses from any high point for TROIX and VXUS.

Drawdown Indicators

	TROIX	VXUS	Difference
Max Drawdown Largest peak-to-trough decline	-36.11%	-35.97%	-0.14%
Max Drawdown (1Y) Largest decline over 1 year	-12.42%	-11.27%	-1.15%
Max Drawdown (3Y) Largest decline over 3 years	-14.09%	-13.58%	-0.51%
Max Drawdown (5Y) Largest decline over 5 years	-29.37%	-29.44%	+0.07%
Max Drawdown (10Y) Largest decline over 10 years	-36.11%	-35.97%	-0.14%
Current Drawdown Current decline from peak	-0.17%	-0.99%	+0.82%
Average Drawdown Average peak-to-trough decline	-6.71%	-8.22%	+1.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.33%	2.88%	+0.45%

Volatility

TROIX vs. VXUS - Volatility Comparison

The current volatility for T. Rowe Price Overseas Stock Fund Class I (TROIX) is 4.78%, while Vanguard Total International Stock ETF (VXUS) has a volatility of 5.60%. This indicates that TROIX experiences smaller price fluctuations and is considered to be less risky than VXUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TROIX	VXUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.78%	5.60%	-0.82%
Volatility (6M) Calculated over the trailing 6-month period	12.83%	13.00%	-0.17%
Volatility (1Y) Calculated over the trailing 1-year period	15.40%	15.21%	+0.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.06%	16.05%	+0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.94%	17.16%	-0.22%

TROIX vs. VXUS - Expense Ratio Comparison

TROIX has a 0.67% expense ratio, which is higher than VXUS's 0.05% expense ratio.

Dividends

TROIX vs. VXUS - Dividend Comparison

TROIX's dividend yield for the trailing twelve months is around 1.96%, less than VXUS's 2.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TROIX T. Rowe Price Overseas Stock Fund Class I	1.96%	2.15%	2.60%	2.32%	2.54%	1.88%	1.66%	2.14%	3.44%	1.95%	2.54%	2.11%
VXUS Vanguard Total International Stock ETF	2.66%	3.18%	3.37%	3.24%	3.09%	3.10%	2.14%	3.06%	3.18%	2.73%	2.93%	2.83%

Frequently Asked Questions

Can I hold both TROIX and VXUS in my portfolio?

With a correlation of 0.93, TROIX and VXUS 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, TROIX or VXUS?

VXUS has higher volatility (5.60%) compared to TROIX (4.78%). In terms of maximum drawdown, TROIX dropped -36.11% vs VXUS's -35.97%.

Which has better risk-adjusted returns?

VXUS currently has the higher Sharpe Ratio (2.12 vs 1.63), 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.