VCDAX vs. VTIAX

Last updated Aug 2, 2026

VCDAX (Vanguard Consumer Discretionary Index Fund Admiral Shares) and VTIAX (Vanguard Total International Stock Index Fund Admiral Shares) are both mutual funds - VCDAX is a Consumer Discretionary Equities fund managed by Vanguard, while VTIAX is a Foreign Large Cap Equities fund tracking the FTSE Global All Cap ex US Index. Over the past 10 years, VCDAX returned 12.93%/yr vs 9.37%/yr for VTIAX. Their 0.71 correlation means they have sometimes moved together and sometimes differently. VCDAX charges 0.10%/yr vs 0.09%/yr for VTIAX.

Performance

VCDAX vs. VTIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Consumer Discretionary Index Fund Admiral Shares (VCDAX) and Vanguard Total International Stock Index Fund Admiral Shares (VTIAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VCDAX achieves a -2.84% return, which is significantly lower than VTIAX's 12.79% return. Over the past 10 years, VCDAX has outperformed VTIAX with an annualized return of 12.93%, while VTIAX has yielded a comparatively lower 9.37% annualized return.

VCDAX

• 1D: 0.39%
• 1M: -3.69%
• 6M: -4.13%
• YTD: -2.84%
• 1Y: 6.72%
• 3Y*: 10.08%
• 5Y*: 5.04%
• 10Y*: 12.93%
• ALL TIME*: 10.91%

VTIAX

• 1D: 2.76%
• 1M: 0.11%
• 6M: 6.66%
• YTD: 12.79%
• 1Y: 27.69%
• 3Y*: 16.78%
• 5Y*: 8.80%
• 10Y*: 9.37%
• ALL TIME*: 6.96%

*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)
VCDAX Vanguard Consumer Discretionary Index Fund Admiral Shares	$0.00	$0.00	$0.00
VTIAX Vanguard Total International Stock Index Fund Admiral Shares	$0.00	$0.00	$0.00

VCDAX vs. VTIAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VCDAX Vanguard Consumer Discretionary Index Fund Admiral Shares	-2.84%	5.66%	24.37%	40.40%	-35.17%	26.20%	48.18%	27.55%	-2.26%	22.83%
VTIAX Vanguard Total International Stock Index Fund Admiral Shares	12.79%	32.18%	5.34%	15.28%	-16.02%	8.59%	11.27%	21.52%	-14.46%	27.54%

Correlation

The correlation between VCDAX and VTIAX is 0.65, 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.	0.65
Correlation (3Y) Balances recent behavior with more history.	0.64
Correlation (5Y) Shows whether the relationship held over a longer period.	0.68
Correlation (10Y) Provides a long-term view across more market conditions.	0.69
Correlation (All Time) Calculated using the full available price history since Nov 29, 2010	0.71

The correlation between VCDAX and VTIAX has been stable across timeframes, ranging from 0.64 to 0.71 - a consistent structural relationship.

VCDAX vs. VTIAX - Sectors Allocation Comparison

Sectors	VCDAX	VTIAX
Consumer Cyclical	96.1%	6.4%
Consumer Defensive	1.3%	4.6%
Industrials	1.1%	13.8%
Technology	1.0%	25.6%
Communication Services	0.3%	3.9%
Healthcare	0.1%	6.9%
Energy	0.1%	4.4%
Real Estate	0.1%	0.9%
Financial Services	0.1%	24.2%
Basic Materials	-	5.9%
Utilities	-	2.6%

Return for Risk

VCDAX vs. VTIAX — Risk / Return Rank

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

VCDAX

VCDAX Risk / Return Rank: 7
VCDAX Sharpe Ratio Rank: 7
VCDAX Sortino Ratio Rank: 7
VCDAX Omega Ratio Rank: 7
VCDAX Calmar Ratio Rank: 7
VCDAX Martin Ratio Rank: 7

VTIAX

VTIAX Risk / Return Rank: 72
VTIAX Sharpe Ratio Rank: 73
VTIAX Sortino Ratio Rank: 69
VTIAX Omega Ratio Rank: 72
VTIAX Calmar Ratio Rank: 74
VTIAX Martin Ratio Rank: 74

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.

VCDAX vs. VTIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Consumer Discretionary Index Fund Admiral Shares (VCDAX) and Vanguard Total International Stock Index Fund Admiral Shares (VTIAX). 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.

	VCDAX	VTIAX	Difference
Sharpe ratio: Return per unit of total volatility	0.17	1.65	-1.48
Sortino ratio: Return per unit of downside risk	0.37	2.27	-1.90
Omega ratio: Gain probability vs. loss probability	1.04	1.30	-0.26
Calmar ratio: Return relative to maximum drawdown	0.21	2.33	-2.11
Martin ratio: Return relative to average drawdown	0.61	8.64	-8.03

VCDAX vs. VTIAX - Sharpe Ratio Comparison

The current VCDAX Sharpe Ratio is 0.17, which is lower than the VTIAX Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of VCDAX and VTIAX, 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

VCDAX vs. VTIAX - Drawdown Comparison

The maximum VCDAX drawdown since its inception was -61.66%, which is greater than VTIAX's maximum drawdown of -35.83%. Use the drawdown chart below to compare losses from any high point for VCDAX and VTIAX.

Drawdown Indicators

	VCDAX	VTIAX	Difference
Max Drawdown Largest peak-to-trough decline	-61.66%	-35.83%	-25.83%
Max Drawdown (1Y) Largest decline over 1 year	-15.57%	-11.28%	-4.29%
Max Drawdown (3Y) Largest decline over 3 years	-27.44%	-13.13%	-14.31%
Max Drawdown (5Y) Largest decline over 5 years	-38.51%	-29.52%	-8.99%
Max Drawdown (10Y) Largest decline over 10 years	-38.51%	-35.83%	-2.68%
Current Drawdown Current decline from peak	-7.32%	-2.61%	-4.71%
Average Drawdown Average peak-to-trough decline	-9.27%	-8.02%	-1.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.41%	3.03%	+2.38%

Volatility

VCDAX vs. VTIAX - Volatility Comparison

Vanguard Consumer Discretionary Index Fund Admiral Shares (VCDAX) has a higher volatility of 6.12% compared to Vanguard Total International Stock Index Fund Admiral Shares (VTIAX) at 5.45%. This indicates that VCDAX's price experiences larger fluctuations and is considered to be riskier than VTIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VCDAX	VTIAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.12%	5.45%	+0.67%
Volatility (6M) Calculated over the trailing 6-month period	14.52%	14.12%	+0.40%
Volatility (1Y) Calculated over the trailing 1-year period	19.38%	15.98%	+3.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.20%	15.37%	+8.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.58%	15.82%	+6.76%

VCDAX vs. VTIAX - Expense Ratio Comparison

VCDAX has a 0.10% expense ratio, which is higher than VTIAX's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VCDAX vs. VTIAX - Dividend Comparison

VCDAX's dividend yield for the trailing twelve months is around 0.75%, less than VTIAX's 2.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VCDAX Vanguard Consumer Discretionary Index Fund Admiral Shares	0.75%	0.74%	0.74%	0.84%	0.98%	1.82%	1.71%	1.17%	1.37%	1.21%	1.60%	1.33%
VTIAX Vanguard Total International Stock Index Fund Admiral Shares	2.55%	3.15%	3.33%	3.22%	3.04%	3.05%	2.10%	3.04%	3.16%	2.73%	2.93%	2.84%

Frequently Asked Questions

Can I hold both VCDAX and VTIAX in my portfolio?

VCDAX and VTIAX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VCDAX or VTIAX?

VCDAX has higher volatility (6.12%) compared to VTIAX (5.45%). In terms of maximum drawdown, VCDAX dropped -61.66% vs VTIAX's -35.83%.

Which has better risk-adjusted returns?

VTIAX currently has the higher Sharpe Ratio (1.65 vs 0.17), 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.