VESGX vs. ESGV

Last updated Jun 24, 2026

VESGX (Vanguard Global ESG Select Stock Fund Admiral Shares) and ESGV (Vanguard ESG U.S. Stock ETF) are both funds - VESGX is a ESG fund managed by Vanguard, while ESGV is a Large Cap Blend Equities fund tracking the FTSE US All Cap Choice Index. Over the past 5 years, VESGX returned 11.84%/yr vs 11.61%/yr for ESGV. Their correlation of 0.85 suggests significant overlap in exposure. VESGX charges 0.46%/yr vs 0.09%/yr for ESGV.

Performance

VESGX vs. ESGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Global ESG Select Stock Fund Admiral Shares (VESGX) and Vanguard ESG U.S. Stock ETF (ESGV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VESGX achieves a 12.36% return, which is significantly higher than ESGV's 7.75% return.

VESGX

• 1D: 0.21%
• 1M: 4.64%
• YTD: 12.36%
• 6M: 11.57%
• 1Y: 18.46%
• 3Y*: 18.13%
• 5Y*: 11.84%
• 10Y*: —

ESGV

• 1D: -1.50%
• 1M: -1.12%
• YTD: 7.75%
• 6M: 6.70%
• 1Y: 23.45%
• 3Y*: 20.58%
• 5Y*: 11.61%
• 10Y*: —

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

VESGX vs. ESGV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VESGX Vanguard Global ESG Select Stock Fund Admiral Shares	12.36%	15.26%	16.40%	19.61%	-10.76%	22.34%	19.43%	11.83%
ESGV Vanguard ESG U.S. Stock ETF	7.75%	16.48%	24.69%	30.79%	-24.04%	26.55%	25.69%	13.29%

Correlation

The correlation between VESGX and ESGV is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jun 14, 2019	0.85

The correlation between VESGX and ESGV has been stable across timeframes, ranging from 0.80 to 0.85 - a consistent structural relationship.

VESGX vs. ESGV - Sectors Allocation Comparison

Sectors	VESGX	ESGV
Technology	30.3%	43.0%
Financial Services	20.8%	11.4%
Consumer Cyclical	13.5%	11.7%
Healthcare	8.3%	9.5%
Industrials	7.4%	4.2%
Consumer Defensive	5.5%	3.6%
Real Estate	5.2%	2.6%
Basic Materials	3.7%	1.8%
Communication Services	3.2%	12.2%
Utilities	2.0%	0.2%
Energy	-	0.1%

Return for Risk

VESGX vs. ESGV — Risk / Return Rank

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

VESGX

VESGX Risk / Return Rank: 31
VESGX Sharpe Ratio Rank: 32
VESGX Sortino Ratio Rank: 31
VESGX Omega Ratio Rank: 29
VESGX Calmar Ratio Rank: 29
VESGX Martin Ratio Rank: 33

ESGV

ESGV Risk / Return Rank: 48
ESGV Sharpe Ratio Rank: 50
ESGV Sortino Ratio Rank: 48
ESGV Omega Ratio Rank: 49
ESGV Calmar Ratio Rank: 42
ESGV Martin Ratio Rank: 51

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.

VESGX vs. ESGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Global ESG Select Stock Fund Admiral Shares (VESGX) and Vanguard ESG U.S. Stock ETF (ESGV). 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.

	VESGX	ESGV	Difference
Sharpe ratio: Return per unit of total volatility	1.51	1.67	-0.16
Sortino ratio: Return per unit of downside risk	2.17	2.29	-0.12
Omega ratio: Gain probability vs. loss probability	1.27	1.30	-0.04
Calmar ratio: Return relative to maximum drawdown	1.87	2.03	-0.16
Martin ratio: Return relative to average drawdown	7.10	8.48	-1.38

VESGX vs. ESGV - Sharpe Ratio Comparison

The current VESGX Sharpe Ratio is 1.51, which is comparable to the ESGV Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of VESGX and ESGV, 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

VESGX vs. ESGV - Drawdown Comparison

The maximum VESGX drawdown since its inception was -30.52%, smaller than the maximum ESGV drawdown of -33.66%. Use the drawdown chart below to compare losses from any high point for VESGX and ESGV.

Drawdown Indicators

	VESGX	ESGV	Difference
Max Drawdown Largest peak-to-trough decline	-30.52%	-33.66%	+3.14%
Max Drawdown (1Y) Largest decline over 1 year	-10.79%	-11.60%	+0.81%
Max Drawdown (3Y) Largest decline over 3 years	-12.27%	-20.41%	+8.14%
Max Drawdown (5Y) Largest decline over 5 years	-23.70%	-28.81%	+5.11%
Current Drawdown Current decline from peak	0.00%	-3.56%	+3.56%
Average Drawdown Average peak-to-trough decline	-4.03%	-6.40%	+2.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	2.77%	+0.07%

Volatility

VESGX vs. ESGV - Volatility Comparison

The current volatility for Vanguard Global ESG Select Stock Fund Admiral Shares (VESGX) is 4.59%, while Vanguard ESG U.S. Stock ETF (ESGV) has a volatility of 5.61%. This indicates that VESGX experiences smaller price fluctuations and is considered to be less risky than ESGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VESGX	ESGV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.59%	5.61%	-1.02%
Volatility (6M) Calculated over the trailing 6-month period	10.84%	11.26%	-0.42%
Volatility (1Y) Calculated over the trailing 1-year period	13.43%	14.15%	-0.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.72%	18.48%	-3.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.33%	20.60%	-3.27%

VESGX vs. ESGV - Expense Ratio Comparison

VESGX has a 0.46% expense ratio, which is higher than ESGV's 0.09% expense ratio.

Dividends

VESGX vs. ESGV - Dividend Comparison

VESGX's dividend yield for the trailing twelve months is around 3.90%, more than ESGV's 0.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
ESGV Vanguard ESG U.S. Stock ETF	0.89%	0.91%	1.04%	1.16%	1.42%	0.95%	1.11%	1.27%	0.28%
VESGX Vanguard Global ESG Select Stock Fund Admiral Shares	3.90%	6.98%	5.05%	1.81%	2.24%	2.74%	1.06%	0.82%	0.00%

Frequently Asked Questions

Can I hold both VESGX and ESGV in my portfolio?

VESGX and ESGV have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VESGX or ESGV?

ESGV has higher volatility (5.61%) compared to VESGX (4.59%). In terms of maximum drawdown, VESGX dropped -30.52% vs ESGV's -33.66%.

Which has better risk-adjusted returns?

ESGV currently has the higher Sharpe Ratio (1.67 vs 1.51), 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.