VDIPX vs. VTSNX

Last updated Jun 23, 2026

VDIPX (Vanguard Developed Markets Index Fund Institutional Plus Shares) and VTSNX (Vanguard Total International Stock Index Fund Institutional Shares) are both Foreign Large Cap Equities funds from Vanguard. Over the past 10 years, VDIPX returned 10.47%/yr vs 10.01%/yr for VTSNX. With a 0.98 correlation, they move nearly in lockstep. VDIPX charges 0.04%/yr vs 0.08%/yr for VTSNX.

Performance

VDIPX vs. VTSNX - 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 Vanguard Total International Stock Index Fund Institutional Shares (VTSNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VDIPX achieves a 16.51% return, which is significantly higher than VTSNX's 15.62% return. Both investments have delivered pretty close results over the past 10 years, with VDIPX having a 10.47% annualized return and VTSNX not far behind at 10.01%.

VDIPX

• 1D: 1.28%
• 1M: 3.03%
• YTD: 16.51%
• 6M: 17.26%
• 1Y: 35.20%
• 3Y*: 19.28%
• 5Y*: 10.54%
• 10Y*: 10.47%

VTSNX

• 1D: 1.34%
• 1M: 3.10%
• YTD: 15.62%
• 6M: 16.33%
• 1Y: 34.04%
• 3Y*: 18.62%
• 5Y*: 9.28%
• 10Y*: 10.01%

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

VDIPX vs. VTSNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VDIPX Vanguard Developed Markets Index Fund Institutional Plus Shares	16.51%	35.15%	3.08%	17.78%	-15.35%	11.45%	10.26%	22.06%	-14.48%	26.48%
VTSNX Vanguard Total International Stock Index Fund Institutional Shares	15.62%	32.24%	5.38%	15.29%	-15.99%	8.64%	11.27%	21.69%	-14.41%	27.54%

Correlation

The correlation between VDIPX and VTSNX is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (10Y) Calculated over the trailing 10-year period	0.98
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015	0.98

The correlation between VDIPX and VTSNX has been stable across timeframes, ranging from 0.95 to 0.98 - a consistent structural relationship.

VDIPX vs. VTSNX - Sectors Allocation Comparison

Sectors	VDIPX	VTSNX
Financial Services	24.7%	21.7%
Technology	18.5%	21.0%
Industrials	16.9%	15.6%
Healthcare	8.1%	6.8%
Basic Materials	6.9%	7.6%
Consumer Cyclical	6.6%	8.2%
Consumer Defensive	5.5%	4.8%
Energy	5.0%	4.7%
Communication Services	3.3%	4.4%
Utilities	3.0%	3.0%
Real Estate	1.1%	2.4%

Return for Risk

VDIPX vs. VTSNX — Risk / Return Rank

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

VDIPX

VDIPX Risk / Return Rank: 61
VDIPX Sharpe Ratio Rank: 64
VDIPX Sortino Ratio Rank: 57
VDIPX Omega Ratio Rank: 60
VDIPX Calmar Ratio Rank: 65
VDIPX Martin Ratio Rank: 60

VTSNX

VTSNX Risk / Return Rank: 64
VTSNX Sharpe Ratio Rank: 67
VTSNX Sortino Ratio Rank: 60
VTSNX Omega Ratio Rank: 66
VTSNX Calmar Ratio Rank: 64
VTSNX Martin Ratio Rank: 61

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. VTSNX - 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 Vanguard Total International Stock Index Fund Institutional Shares (VTSNX). 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.

	VDIPX	VTSNX	Difference
Sharpe ratio: Return per unit of total volatility	2.16	2.20	-0.04
Sortino ratio: Return per unit of downside risk	2.91	2.97	-0.06
Omega ratio: Gain probability vs. loss probability	1.39	1.41	-0.02
Calmar ratio: Return relative to maximum drawdown	2.95	2.94	+0.01
Martin ratio: Return relative to average drawdown	11.32	11.45	-0.12

VDIPX vs. VTSNX - Sharpe Ratio Comparison

The current VDIPX Sharpe Ratio is 2.16, which is comparable to the VTSNX Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of VDIPX and VTSNX, 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

VDIPX vs. VTSNX - Drawdown Comparison

The maximum VDIPX drawdown since its inception was -35.61%, roughly equal to the maximum VTSNX drawdown of -35.72%. Use the drawdown chart below to compare losses from any high point for VDIPX and VTSNX.

Drawdown Indicators

	VDIPX	VTSNX	Difference
Max Drawdown Largest peak-to-trough decline	-35.61%	-35.72%	+0.11%
Max Drawdown (1Y) Largest decline over 1 year	-11.67%	-11.29%	-0.38%
Max Drawdown (3Y) Largest decline over 3 years	-13.15%	-13.14%	-0.01%
Max Drawdown (5Y) Largest decline over 5 years	-29.69%	-29.50%	-0.19%
Max Drawdown (10Y) Largest decline over 10 years	-35.61%	-35.72%	+0.11%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.18%	-8.08%	+0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	2.90%	+0.14%

Volatility

VDIPX vs. VTSNX - Volatility Comparison

Vanguard Developed Markets Index Fund Institutional Plus Shares (VDIPX) and Vanguard Total International Stock Index Fund Institutional Shares (VTSNX) have volatilities of 6.33% and 6.12%, 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

	VDIPX	VTSNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.33%	6.12%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	13.67%	13.05%	+0.62%
Volatility (1Y) Calculated over the trailing 1-year period	15.96%	15.09%	+0.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.05%	15.21%	+0.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.58%	15.97%	+0.61%

VDIPX vs. VTSNX - Expense Ratio Comparison

VDIPX has a 0.04% expense ratio, which is lower than VTSNX's 0.08% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VDIPX vs. VTSNX - Dividend Comparison

VDIPX's dividend yield for the trailing twelve months is around 2.52%, which matches VTSNX's 2.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VDIPX Vanguard Developed Markets Index Fund Institutional Plus Shares	2.52%	3.23%	3.37%	3.16%	2.92%	3.17%	2.05%	3.05%	3.36%	2.79%	3.08%	2.95%
VTSNX Vanguard Total International Stock Index Fund Institutional Shares	2.52%	3.17%	3.36%	3.24%	3.08%	3.08%	2.13%	3.16%	3.19%	2.75%	2.95%	2.86%

Frequently Asked Questions

Can I hold both VDIPX and VTSNX in my portfolio?

With a correlation of 0.95, VDIPX and VTSNX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, VDIPX or VTSNX?

VDIPX has higher volatility (6.33%) compared to VTSNX (6.12%). In terms of maximum drawdown, VDIPX dropped -35.61% vs VTSNX's -35.72%.

Which has better risk-adjusted returns?

VTSNX currently has the higher Sharpe Ratio (2.20 vs 2.16), 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.