VDC vs. VOX

Last updated Jun 9, 2026

VDC (Vanguard Consumer Staples ETF) and VOX (Vanguard Communication Services ETF) are both exchange-traded funds - VDC is a Consumer Staples Equities fund tracking the MSCI US Investable Market Consumer Staples 25/50 Index, while VOX is a Communications Equities fund tracking the MSCI US Investable Market Communication Services 25/50 Index. Both are passively managed. Over the past 10 years, VDC returned 7.63%/yr vs 8.96%/yr for VOX. A 0.55 correlation means they provide meaningful diversification when combined. Both charge a 0.09% expense ratio.

Performance

VDC vs. VOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Consumer Staples ETF (VDC) and Vanguard Communication Services ETF (VOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VDC achieves a 7.19% return, which is significantly higher than VOX's -3.11% return. Over the past 10 years, VDC has underperformed VOX with an annualized return of 7.63%, while VOX has yielded a comparatively higher 8.96% annualized return.

VDC

• 1D: -0.25%
• 1M: -2.19%
• YTD: 7.19%
• 6M: 7.44%
• 1Y: 4.07%
• 3Y*: 8.08%
• 5Y*: 6.63%
• 10Y*: 7.63%

VOX

• 1D: -0.72%
• 1M: -5.33%
• YTD: -3.11%
• 6M: -2.48%
• 1Y: 15.34%
• 3Y*: 23.12%
• 5Y*: 7.10%
• 10Y*: 8.96%

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

VDC vs. VOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VDC Vanguard Consumer Staples ETF	7.19%	2.17%	13.30%	2.38%	-1.79%	17.64%	10.86%	26.11%	-7.79%	11.85%
VOX Vanguard Communication Services ETF	-3.11%	26.27%	33.12%	44.81%	-38.85%	13.83%	29.12%	28.03%	-16.75%	-5.50%

Correlation

The correlation between VDC and VOX is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (10Y) Calculated over the trailing 10-year period	0.41
Correlation (All Time) Calculated using the full available price history since Sep 30, 2004	0.55

Over the past year, the correlation between VDC and VOX has dropped to 0.02 - well below their long-term average of 0.55, suggesting their price drivers have been diverging.

Return for Risk

VDC vs. VOX — Risk / Return Rank

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

VDC

VDC Risk / Return Rank: 14
VDC Sharpe Ratio Rank: 15
VDC Sortino Ratio Rank: 14
VDC Omega Ratio Rank: 14
VDC Calmar Ratio Rank: 15
VDC Martin Ratio Rank: 14

VOX

VOX Risk / Return Rank: 29
VOX Sharpe Ratio Rank: 30
VOX Sortino Ratio Rank: 31
VOX Omega Ratio Rank: 29
VOX Calmar Ratio Rank: 26
VOX Martin Ratio Rank: 32

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.

VDC vs. VOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Consumer Staples ETF (VDC) and Vanguard Communication Services ETF (VOX). 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.

	VDC	VOX	Difference
Sharpe ratio: Return per unit of total volatility	0.33	0.99	-0.66
Sortino ratio: Return per unit of downside risk	0.56	1.52	-0.96
Omega ratio: Gain probability vs. loss probability	1.06	1.18	-0.11
Calmar ratio: Return relative to maximum drawdown	0.44	1.14	-0.70
Martin ratio: Return relative to average drawdown	0.90	4.29	-3.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VDC vs. VOX - Sharpe Ratio Comparison

The current VDC Sharpe Ratio is 0.33, which is lower than the VOX Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of VDC and VOX, 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

	VDC	VOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.33	0.99	-0.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.34	+0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.43	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.43	+0.24

Drawdowns

VDC vs. VOX - Drawdown Comparison

The maximum VDC drawdown since its inception was -34.24%, smaller than the maximum VOX drawdown of -57.18%. Use the drawdown chart below to compare losses from any high point for VDC and VOX.

Drawdown Indicators

	VDC	VOX	Difference
Max Drawdown Largest peak-to-trough decline	-34.24%	-57.18%	+22.94%
Max Drawdown (1Y) Largest decline over 1 year	-9.28%	-13.56%	+4.28%
Max Drawdown (3Y) Largest decline over 3 years	-11.78%	-21.15%	+9.37%
Max Drawdown (5Y) Largest decline over 5 years	-16.55%	-46.76%	+30.21%
Max Drawdown (10Y) Largest decline over 10 years	-25.31%	-46.76%	+21.45%
Current Drawdown Current decline from peak	-7.27%	-6.36%	-0.91%
Average Drawdown Average peak-to-trough decline	-3.73%	-11.91%	+8.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.53%	3.59%	+0.94%

Volatility

VDC vs. VOX - Volatility Comparison

Vanguard Consumer Staples ETF (VDC) and Vanguard Communication Services ETF (VOX) have volatilities of 4.47% and 4.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VDC	VOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.47%	4.39%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	9.87%	11.33%	-1.46%
Volatility (1Y) Calculated over the trailing 1-year period	12.43%	15.53%	-3.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.15%	21.17%	-8.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.65%	20.90%	-6.25%

VDC vs. VOX - Expense Ratio Comparison

Both VDC and VOX have an expense ratio of 0.09%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

VDC vs. VOX - Dividend Comparison

VDC's dividend yield for the trailing twelve months is around 2.14%, more than VOX's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VDC Vanguard Consumer Staples ETF	2.14%	2.26%	2.33%	2.65%	2.37%	2.14%	2.50%	2.44%	2.78%	2.52%	2.39%	2.55%
VOX Vanguard Communication Services ETF	1.01%	0.95%	1.05%	1.03%	0.88%	0.93%	0.73%	0.90%	2.77%	3.83%	2.67%	3.55%

Frequently Asked Questions

Can I hold both VDC and VOX in my portfolio?

VDC and VOX have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VDC or VOX?

VDC has higher volatility (4.47%) compared to VOX (4.39%). In terms of maximum drawdown, VDC dropped -34.24% vs VOX's -57.18%.

Which ETF is better, VDC or VOX?

On 10-year performance, VOX leads with 8.96% vs 7.63% for VDC. Both ETFs have the same 0.09% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VDC or VOX?

Over the 10-year period, VOX has performed better with a 8.96% return vs 7.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VDC or VOX?

VDC and VOX have the same expense ratio: 0.09% per year.

Which ETF pays a higher dividend yield, VDC or VOX?

VDC has the higher dividend yield at 2.14%, compared with 1.01% for VOX.

What is the main difference between VDC and VOX?

VDC is categorized as Consumer Staples Equities, while VOX is Communications Equities. VDC tracks MSCI US Investable Market Consumer Staples 25/50 Index, while VOX tracks MSCI US Investable Market Communication Services 25/50 Index.

Which has better risk-adjusted returns?

VOX currently has the higher Sharpe Ratio (0.99 vs 0.33), 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.