VAIGX vs. VINEX

Last updated Aug 1, 2026

VAIGX (Vanguard Advice Select International Growth Fund) and VINEX (Vanguard International Explorer Fund) are both mutual funds - VAIGX is a Foreign Large Cap Equities fund managed by Vanguard, while VINEX is a Foreign Small & Mid Cap Equities fund managed by Vanguard. Over the past 3 years, VAIGX returned 8.73%/yr vs 13.03%/yr for VINEX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. VAIGX charges 0.42%/yr vs 0.40%/yr for VINEX.

Performance

VAIGX vs. VINEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Advice Select International Growth Fund (VAIGX) and Vanguard International Explorer Fund (VINEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VAIGX achieves a 0.14% return, which is significantly lower than VINEX's 11.34% return.

VAIGX

• 1D: 1.94%
• 1M: 1.08%
• 6M: -0.42%
• YTD: 0.14%
• 1Y: 1.32%
• 3Y*: 8.73%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.18%

VINEX

• 1D: 2.61%
• 1M: 1.45%
• 6M: 5.41%
• YTD: 11.34%
• 1Y: 19.57%
• 3Y*: 13.03%
• 5Y*: 3.28%
• 10Y*: 6.61%
• ALL TIME*: 8.28%

*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)
VAIGX Vanguard Advice Select International Growth Fund	$0.00	$0.00	$0.00
VINEX Vanguard International Explorer Fund	$0.00	$0.00	$0.00

VAIGX vs. VINEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
VAIGX Vanguard Advice Select International Growth Fund	0.14%	17.01%	19.11%	15.53%	-28.63%
VINEX Vanguard International Explorer Fund	11.34%	27.98%	0.11%	15.26%	-18.26%

Correlation

The correlation between VAIGX and VINEX is 0.73, 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.	0.73
Correlation (3Y) Balances recent behavior with more history.	0.75
Correlation (All Time) Calculated using the full available price history since Jan 31, 2022	0.79

The correlation between VAIGX and VINEX has been stable across timeframes, ranging from 0.73 to 0.79 - a consistent structural relationship.

Return for Risk

VAIGX vs. VINEX — Risk / Return Rank

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

VAIGX

VAIGX Risk / Return Rank: 4
VAIGX Sharpe Ratio Rank: 4
VAIGX Sortino Ratio Rank: 4
VAIGX Omega Ratio Rank: 4
VAIGX Calmar Ratio Rank: 4
VAIGX Martin Ratio Rank: 4

VINEX

VINEX Risk / Return Rank: 44
VINEX Sharpe Ratio Rank: 47
VINEX Sortino Ratio Rank: 48
VINEX Omega Ratio Rank: 46
VINEX Calmar Ratio Rank: 40
VINEX Martin Ratio Rank: 42

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.

VAIGX vs. VINEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Advice Select International Growth Fund (VAIGX) and Vanguard International Explorer Fund (VINEX). 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.

	VAIGX	VINEX	Difference
Sharpe ratio: Return per unit of total volatility	-0.08	1.26	-1.33
Sortino ratio: Return per unit of downside risk	0.04	1.85	-1.81
Omega ratio: Gain probability vs. loss probability	1.01	1.23	-0.23
Calmar ratio: Return relative to maximum drawdown	-0.08	1.59	-1.67
Martin ratio: Return relative to average drawdown	-0.17	5.90	-6.07

VAIGX vs. VINEX - Sharpe Ratio Comparison

The current VAIGX Sharpe Ratio is -0.08, which is lower than the VINEX Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of VAIGX and VINEX, 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

VAIGX vs. VINEX - Drawdown Comparison

The maximum VAIGX drawdown since its inception was -41.46%, smaller than the maximum VINEX drawdown of -62.16%. Use the drawdown chart below to compare losses from any high point for VAIGX and VINEX.

Drawdown Indicators

	VAIGX	VINEX	Difference
Max Drawdown Largest peak-to-trough decline	-41.46%	-62.16%	+20.70%
Max Drawdown (1Y) Largest decline over 1 year	-21.75%	-12.32%	-9.43%
Max Drawdown (3Y) Largest decline over 3 years	-22.36%	-15.64%	-6.72%
Max Drawdown (5Y) Largest decline over 5 years	—	-42.24%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.46%	—
Current Drawdown Current decline from peak	-8.66%	-0.13%	-8.53%
Average Drawdown Average peak-to-trough decline	-14.19%	-17.14%	+2.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.12%	3.32%	+6.80%

Volatility

VAIGX vs. VINEX - Volatility Comparison

Vanguard Advice Select International Growth Fund (VAIGX) has a higher volatility of 5.19% compared to Vanguard International Explorer Fund (VINEX) at 4.73%. This indicates that VAIGX's price experiences larger fluctuations and is considered to be riskier than VINEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VAIGX	VINEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.19%	4.73%	+0.46%
Volatility (6M) Calculated over the trailing 6-month period	17.85%	13.30%	+4.55%
Volatility (1Y) Calculated over the trailing 1-year period	21.71%	15.62%	+6.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.76%	17.17%	+11.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.76%	16.98%	+11.78%

VAIGX vs. VINEX - Expense Ratio Comparison

VAIGX has a 0.42% expense ratio, which is higher than VINEX's 0.40% expense ratio.

Dividends

VAIGX vs. VINEX - Dividend Comparison

VAIGX's dividend yield for the trailing twelve months is around 4.51%, more than VINEX's 3.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VAIGX Vanguard Advice Select International Growth Fund	4.51%	4.52%	0.82%	0.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VINEX Vanguard International Explorer Fund	3.76%	4.19%	4.17%	2.47%	1.74%	4.80%	1.06%	2.51%	8.75%	4.22%	1.95%	5.45%

Frequently Asked Questions

Can I hold both VAIGX and VINEX in my portfolio?

VAIGX and VINEX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VAIGX or VINEX?

VAIGX has higher volatility (5.19%) compared to VINEX (4.73%). In terms of maximum drawdown, VAIGX dropped -41.46% vs VINEX's -62.16%.

Which has better risk-adjusted returns?

VINEX currently has the higher Sharpe Ratio (1.26 vs -0.08), 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.