VDADX vs. FPBFX

Last updated Jun 24, 2026

VDADX (Vanguard Dividend Appreciation Index Fund Admiral Shares) and FPBFX (Fidelity Pacific Basin Fund) are both mutual funds - VDADX is a Dividend fund tracking the S&P U.S. Dividend Growers Index, while FPBFX is a Asia Pacific Equities fund managed by Fidelity. Over the past 10 years, VDADX returned 13.36%/yr vs 13.80%/yr for FPBFX. A 0.61 correlation means they provide meaningful diversification when combined. VDADX charges 0.07%/yr vs 1.04%/yr for FPBFX.

Performance

VDADX vs. FPBFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Dividend Appreciation Index Fund Admiral Shares (VDADX) and Fidelity Pacific Basin Fund (FPBFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VDADX achieves a 7.47% return, which is significantly lower than FPBFX's 33.61% return. Both investments have delivered pretty close results over the past 10 years, with VDADX having a 13.36% annualized return and FPBFX not far ahead at 13.80%.

VDADX

• 1D: 0.13%
• 1M: 0.98%
• YTD: 7.47%
• 6M: 6.75%
• 1Y: 18.93%
• 3Y*: 16.01%
• 5Y*: 11.03%
• 10Y*: 13.36%

FPBFX

• 1D: 0.14%
• 1M: 7.90%
• YTD: 33.61%
• 6M: 33.57%
• 1Y: 60.74%
• 3Y*: 28.06%
• 5Y*: 11.36%
• 10Y*: 13.80%

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

VDADX vs. FPBFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VDADX Vanguard Dividend Appreciation Index Fund Admiral Shares	7.47%	14.17%	16.99%	14.44%	-9.80%	23.59%	15.47%	29.68%	-2.06%	22.22%
FPBFX Fidelity Pacific Basin Fund	33.61%	37.15%	9.26%	14.07%	-23.71%	2.28%	32.92%	32.21%	-18.08%	40.06%

Correlation

The correlation between VDADX and FPBFX is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (10Y) Calculated over the trailing 10-year period	0.61
Correlation (All Time) Calculated using the full available price history since Dec 20, 2013	0.61

The correlation between VDADX and FPBFX has been stable across timeframes, ranging from 0.59 to 0.61 - a consistent structural relationship.

Return for Risk

VDADX vs. FPBFX — Risk / Return Rank

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

VDADX

VDADX Risk / Return Rank: 52
VDADX Sharpe Ratio Rank: 53
VDADX Sortino Ratio Rank: 56
VDADX Omega Ratio Rank: 50
VDADX Calmar Ratio Rank: 49
VDADX Martin Ratio Rank: 54

FPBFX

FPBFX Risk / Return Rank: 89
FPBFX Sharpe Ratio Rank: 92
FPBFX Sortino Ratio Rank: 82
FPBFX Omega Ratio Rank: 83
FPBFX Calmar Ratio Rank: 94
FPBFX Martin Ratio Rank: 93

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.

VDADX vs. FPBFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Dividend Appreciation Index Fund Admiral Shares (VDADX) and Fidelity Pacific Basin Fund (FPBFX). 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.

	VDADX	FPBFX	Difference
Sharpe ratio: Return per unit of total volatility	1.99	2.88	-0.89
Sortino ratio: Return per unit of downside risk	2.87	3.58	-0.70
Omega ratio: Gain probability vs. loss probability	1.35	1.51	-0.16
Calmar ratio: Return relative to maximum drawdown	2.56	5.05	-2.49
Martin ratio: Return relative to average drawdown	10.31	18.65	-8.34

VDADX vs. FPBFX - Sharpe Ratio Comparison

The current VDADX Sharpe Ratio is 1.99, which is lower than the FPBFX Sharpe Ratio of 2.88. The chart below compares the historical Sharpe Ratios of VDADX and FPBFX, 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

VDADX vs. FPBFX - Drawdown Comparison

The maximum VDADX drawdown since its inception was -31.70%, smaller than the maximum FPBFX drawdown of -69.06%. Use the drawdown chart below to compare losses from any high point for VDADX and FPBFX.

Drawdown Indicators

	VDADX	FPBFX	Difference
Max Drawdown Largest peak-to-trough decline	-31.70%	-69.06%	+37.36%
Max Drawdown (1Y) Largest decline over 1 year	-7.93%	-12.25%	+4.32%
Max Drawdown (3Y) Largest decline over 3 years	-14.95%	-19.48%	+4.53%
Max Drawdown (5Y) Largest decline over 5 years	-20.42%	-37.97%	+17.55%
Max Drawdown (10Y) Largest decline over 10 years	-31.70%	-39.85%	+8.15%
Current Drawdown Current decline from peak	-0.62%	0.00%	-0.62%
Average Drawdown Average peak-to-trough decline	-3.39%	-17.56%	+14.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.96%	3.31%	-1.35%

Volatility

VDADX vs. FPBFX - Volatility Comparison

The current volatility for Vanguard Dividend Appreciation Index Fund Admiral Shares (VDADX) is 2.88%, while Fidelity Pacific Basin Fund (FPBFX) has a volatility of 9.69%. This indicates that VDADX experiences smaller price fluctuations and is considered to be less risky than FPBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VDADX	FPBFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.88%	9.69%	-6.81%
Volatility (6M) Calculated over the trailing 6-month period	7.72%	18.00%	-10.28%
Volatility (1Y) Calculated over the trailing 1-year period	10.21%	21.55%	-11.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.27%	19.48%	-5.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.21%	17.88%	-1.67%

VDADX vs. FPBFX - Expense Ratio Comparison

VDADX has a 0.07% expense ratio, which is lower than FPBFX's 1.04% expense ratio.

Dividends

VDADX vs. FPBFX - Dividend Comparison

VDADX's dividend yield for the trailing twelve months is around 1.45%, less than FPBFX's 6.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FPBFX Fidelity Pacific Basin Fund	6.13%	8.19%	5.99%	5.36%	8.76%	14.97%	4.45%	0.75%	10.88%	4.36%	2.38%	3.61%
VDADX Vanguard Dividend Appreciation Index Fund Admiral Shares	1.45%	1.60%	1.71%	1.86%	1.94%	1.53%	1.61%	1.69%	2.07%	1.88%	2.14%	2.34%

Frequently Asked Questions

Can I hold both VDADX and FPBFX in my portfolio?

VDADX and FPBFX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VDADX or FPBFX?

FPBFX has higher volatility (9.69%) compared to VDADX (2.88%). In terms of maximum drawdown, VDADX dropped -31.70% vs FPBFX's -69.06%.

Which has better risk-adjusted returns?

FPBFX currently has the higher Sharpe Ratio (2.88 vs 1.99), 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.