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VDIPX vs. FSPSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VDIPX vs. FSPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Developed Markets Index Fund Institutional Plus Shares (VDIPX) and Fidelity International Index Fund (FSPSX). The values are adjusted to include any dividend payments, if applicable.

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VDIPX vs. FSPSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VDIPX
Vanguard Developed Markets Index Fund Institutional Plus Shares
-0.50%35.15%3.08%17.78%-15.35%11.45%10.26%22.06%-14.48%26.48%
FSPSX
Fidelity International Index Fund
-1.94%31.98%3.70%18.31%-14.23%11.45%8.16%22.03%-13.55%25.37%

Returns By Period

In the year-to-date period, VDIPX achieves a -0.50% return, which is significantly higher than FSPSX's -1.94% return. Both investments have delivered pretty close results over the past 10 years, with VDIPX having a 9.02% annualized return and FSPSX not far behind at 8.65%.


VDIPX

1D
0.03%
1M
-11.64%
YTD
-0.50%
6M
5.21%
1Y
25.90%
3Y*
14.85%
5Y*
8.17%
10Y*
9.02%

FSPSX

1D
0.42%
1M
-10.86%
YTD
-1.94%
6M
2.58%
1Y
19.89%
3Y*
13.50%
5Y*
7.96%
10Y*
8.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VDIPX vs. FSPSX - Expense Ratio Comparison

Both VDIPX and FSPSX have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Return for Risk

VDIPX vs. FSPSX — Risk / Return Rank

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

VDIPX
VDIPX Risk / Return Rank: 8181
Overall Rank
VDIPX Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
VDIPX Sortino Ratio Rank: 8080
Sortino Ratio Rank
VDIPX Omega Ratio Rank: 7878
Omega Ratio Rank
VDIPX Calmar Ratio Rank: 8383
Calmar Ratio Rank
VDIPX Martin Ratio Rank: 8181
Martin Ratio Rank

FSPSX
FSPSX Risk / Return Rank: 6464
Overall Rank
FSPSX Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
FSPSX Sortino Ratio Rank: 6262
Sortino Ratio Rank
FSPSX Omega Ratio Rank: 6060
Omega Ratio Rank
FSPSX Calmar Ratio Rank: 6969
Calmar Ratio Rank
FSPSX Martin Ratio Rank: 6363
Martin Ratio Rank
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.

VDIPX vs. FSPSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Developed Markets Index Fund Institutional Plus Shares (VDIPX) and Fidelity International Index Fund (FSPSX). 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.


VDIPXFSPSXDifference

Sharpe ratio

Return per unit of total volatility

1.51

1.11

+0.40

Sortino ratio

Return per unit of downside risk

2.01

1.56

+0.46

Omega ratio

Gain probability vs. loss probability

1.30

1.23

+0.07

Calmar ratio

Return relative to maximum drawdown

2.01

1.54

+0.47

Martin ratio

Return relative to average drawdown

8.00

5.93

+2.07

VDIPX vs. FSPSX - Sharpe Ratio Comparison

The current VDIPX Sharpe Ratio is 1.51, which is higher than the FSPSX Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of VDIPX and FSPSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


VDIPXFSPSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.51

1.11

+0.40

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.53

0.51

+0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.55

0.53

+0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

0.46

+0.01

Correlation

The correlation between VDIPX and FSPSX is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

VDIPX vs. FSPSX - Dividend Comparison

VDIPX's dividend yield for the trailing twelve months is around 3.04%, less than FSPSX's 3.22% yield.


TTM20252024202320222021202020192018201720162015
VDIPX
Vanguard Developed Markets Index Fund Institutional Plus Shares
3.04%3.23%3.37%3.16%2.92%3.17%2.05%3.05%3.36%2.79%3.08%2.95%
FSPSX
Fidelity International Index Fund
3.22%3.15%3.27%2.79%2.66%3.07%1.84%3.18%2.79%2.50%3.08%2.79%

Drawdowns

VDIPX vs. FSPSX - Drawdown Comparison

The maximum VDIPX drawdown since its inception was -35.61%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for VDIPX and FSPSX.


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Drawdown Indicators


VDIPXFSPSXDifference

Max Drawdown

Largest peak-to-trough decline

-35.61%

-33.69%

-1.92%

Max Drawdown (1Y)

Largest decline over 1 year

-11.67%

-11.39%

-0.28%

Max Drawdown (5Y)

Largest decline over 5 years

-29.69%

-29.41%

-0.28%

Max Drawdown (10Y)

Largest decline over 10 years

-35.61%

-33.69%

-1.92%

Current Drawdown

Current decline from peak

-11.64%

-10.86%

-0.78%

Average Drawdown

Average peak-to-trough decline

-7.28%

-6.59%

-0.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.94%

2.96%

-0.02%

Volatility

VDIPX vs. FSPSX - Volatility Comparison

Vanguard Developed Markets Index Fund Institutional Plus Shares (VDIPX) and Fidelity International Index Fund (FSPSX) have volatilities of 7.07% and 7.04%, 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.


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Volatility by Period


VDIPXFSPSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.07%

7.04%

+0.03%

Volatility (6M)

Calculated over the trailing 6-month period

10.90%

10.63%

+0.27%

Volatility (1Y)

Calculated over the trailing 1-year period

16.46%

16.79%

-0.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.61%

15.77%

-0.16%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.41%

16.47%

-0.06%