VEMIX vs. VTSNX
VEMIX (Vanguard Emerging Markets Stock Index Fund Institutional Shares) and VTSNX (Vanguard Total International Stock Index Fund Institutional Shares) are both mutual funds - VEMIX is a Emerging Markets Equities fund managed by Vanguard, while VTSNX is a Foreign Large Cap Equities fund tracking the FTSE Global All Cap ex US Index. Over the past 10 years, VEMIX returned 7.61%/yr vs 9.42%/yr for VTSNX. Their correlation of 0.87 means they have usually moved in the same direction. VEMIX charges 0.06%/yr vs 0.08%/yr for VTSNX.
Performance
VEMIX vs. VTSNX - Performance Comparison
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Returns By Period
In the year-to-date period, VEMIX achieves a 7.82% return, which is significantly lower than VTSNX's 12.79% return. Over the past 10 years, VEMIX has underperformed VTSNX with an annualized return of 7.61%, while VTSNX has yielded a comparatively higher 9.42% annualized return.
VEMIX
- 1D
- 1.70%
- 1M
- -1.72%
- 6M
- 2.68%
- YTD
- 7.82%
- 1Y
- 19.98%
- 3Y*
- 13.72%
- 5Y*
- 5.81%
- 10Y*
- 7.61%
- ALL TIME*
- 7.24%
VTSNX
- 1D
- 2.75%
- 1M
- 0.11%
- 6M
- 6.67%
- YTD
- 12.79%
- 1Y
- 27.72%
- 3Y*
- 16.82%
- 5Y*
- 8.84%
- 10Y*
- 9.42%
- ALL TIME*
- 6.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
VEMIX vs. VTSNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VEMIX Vanguard Emerging Markets Stock Index Fund Institutional Shares | 7.82% | 24.80% | 11.38% | 8.85% | -17.75% | 0.91% | 15.26% | 20.35% | -14.55% | 31.42% |
VTSNX Vanguard Total International Stock Index Fund Institutional Shares | 12.79% | 32.24% | 5.38% | 15.29% | -15.99% | 8.64% | 11.27% | 21.69% | -14.41% | 27.54% |
Correlation
The correlation between VEMIX and VTSNX is 0.87, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.87 |
Correlation (3Y) Balances recent behavior with more history. | 0.84 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.85 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2011 | 0.87 |
The correlation between VEMIX and VTSNX has been stable across timeframes, ranging from 0.84 to 0.87 - a consistent structural relationship.
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Return for Risk
VEMIX vs. VTSNX — Risk / Return Rank
VEMIX
VTSNX
VEMIX vs. VTSNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Stock Index Fund Institutional Shares (VEMIX) 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.
| VEMIX | VTSNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.31 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.66 | 2.33 | -0.67 |
| Martin ratioReturn relative to average drawdown | 5.53 | 8.66 | -3.13 |
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Drawdowns
VEMIX vs. VTSNX - Drawdown Comparison
The maximum VEMIX drawdown since its inception was -66.43%, which is greater than VTSNX's maximum drawdown of -35.72%. Use the drawdown chart below to compare losses from any high point for VEMIX and VTSNX.
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Drawdown Indicators
| VEMIX | VTSNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.43% | -35.72% | -30.71% |
Max Drawdown (1Y)Largest decline over 1 year | -11.05% | -11.29% | +0.24% |
Max Drawdown (3Y)Largest decline over 3 years | -15.77% | -13.14% | -2.63% |
Max Drawdown (5Y)Largest decline over 5 years | -30.68% | -29.50% | -1.18% |
Max Drawdown (10Y)Largest decline over 10 years | -36.04% | -35.72% | -0.32% |
Current DrawdownCurrent decline from peak | -5.42% | -2.62% | -2.80% |
Average DrawdownAverage peak-to-trough decline | -15.91% | -8.04% | -7.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.31% | 3.03% | +0.28% |
Volatility
VEMIX vs. VTSNX - Volatility Comparison
Vanguard Emerging Markets Stock Index Fund Institutional Shares (VEMIX) and Vanguard Total International Stock Index Fund Institutional Shares (VTSNX) have volatilities of 5.22% and 5.43%, 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
| VEMIX | VTSNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.22% | 5.43% | -0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 13.82% | 14.12% | -0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.00% | 15.98% | +0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.59% | 15.36% | +0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.50% | 15.83% | +0.67% |
VEMIX vs. VTSNX - Expense Ratio Comparison
VEMIX has a 0.06% 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
VEMIX vs. VTSNX - Dividend Comparison
VEMIX's dividend yield for the trailing twelve months is around 2.38%, less than VTSNX's 2.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEMIX Vanguard Emerging Markets Stock Index Fund Institutional Shares | 2.38% | 2.77% | 3.17% | 3.51% | 4.09% | 2.61% | 1.90% | 3.23% | 2.89% | 2.33% | 2.55% | 2.51% |
VTSNX Vanguard Total International Stock Index Fund Institutional Shares | 2.58% | 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
VEMIX and VTSNX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VTSNX has higher volatility (5.43%) compared to VEMIX (5.22%). In terms of maximum drawdown, VEMIX dropped -66.43% vs VTSNX's -35.72%.
VTSNX currently has the higher Sharpe Ratio (1.65 vs 1.15), 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.
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