VESIX vs. VITAX

Last updated Apr 1, 2026

Compare and contrast key facts about Vanguard European Stock Index Fund Institutional Shares (VESIX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX).

VESIX is managed by Vanguard. It was launched on May 15, 2000. VITAX is a passively managed fund by Vanguard that tracks the performance of the MSCI US IMI Info Technology 25/50. It was launched on Mar 25, 2004.

Performance

VESIX vs. VITAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard European Stock Index Fund Institutional Shares (VESIX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX). The values are adjusted to include any dividend payments, if applicable.

VESIX vs. VITAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VESIX Vanguard European Stock Index Fund Institutional Shares	-3.86%	35.43%	2.02%	20.03%	-16.07%	16.31%	6.46%	24.24%	-14.78%	27.05%
VITAX Vanguard Information Technology Index Fund Admiral Shares	-11.14%	21.78%	29.26%	52.69%	-29.67%	30.36%	45.93%	48.72%	2.51%	37.07%

Returns By Period

In the year-to-date period, VESIX achieves a -3.86% return, which is significantly higher than VITAX's -11.14% return. Over the past 10 years, VESIX has underperformed VITAX with an annualized return of 8.61%, while VITAX has yielded a comparatively higher 20.84% annualized return.

VESIX

• 1D: 0.64%
• 1M: -11.11%
• YTD: -3.86%
• 6M: 1.30%
• 1Y: 17.61%
• 3Y*: 13.16%
• 5Y*: 8.37%
• 10Y*: 8.61%

VITAX

• 1D: -1.79%
• 1M: -7.83%
• YTD: -11.14%
• 6M: -10.25%
• 1Y: 23.94%
• 3Y*: 20.87%
• 5Y*: 14.06%
• 10Y*: 20.84%

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

VESIX vs. VITAX - Expense Ratio Comparison

VESIX has a 0.08% expense ratio, which is lower than VITAX's 0.10% 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%.

VITAX

Vanguard Information Technology Index Fund Admiral Shares

VESIX

Vanguard European Stock Index Fund Institutional Shares

Return for Risk

VESIX vs. VITAX — Risk / Return Rank

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

VESIX

VESIX Risk / Return Rank: 51
VESIX Sharpe Ratio Rank: 52
VESIX Sortino Ratio Rank: 49
VESIX Omega Ratio Rank: 47
VESIX Calmar Ratio Rank: 56
VESIX Martin Ratio Rank: 52

VITAX

VITAX Risk / Return Rank: 47
VITAX Sharpe Ratio Rank: 44
VITAX Sortino Ratio Rank: 52
VITAX Omega Ratio Rank: 48
VITAX Calmar Ratio Rank: 53
VITAX Martin Ratio Rank: 38

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.

VESIX vs. VITAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard European Stock Index Fund Institutional Shares (VESIX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX). 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.

	VESIX	VITAX	Difference
Sharpe ratio Return per unit of total volatility	0.98	0.87	+0.11
Sortino ratio Return per unit of downside risk	1.38	1.39	-0.01
Omega ratio Gain probability vs. loss probability	1.20	1.19	0.00
Calmar ratio Return relative to maximum drawdown	1.32	1.26	+0.06
Martin ratio Return relative to average drawdown	5.07	3.92	+1.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VESIX vs. VITAX - Sharpe Ratio Comparison

The current VESIX Sharpe Ratio is 0.98, which is comparable to the VITAX Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of VESIX and VITAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VESIX	VITAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	0.87	+0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.56	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	0.85	-0.37
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.59	-0.34

Correlation

The correlation between VESIX and VITAX is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

VESIX vs. VITAX - Dividend Comparison

VESIX's dividend yield for the trailing twelve months is around 3.10%, more than VITAX's 0.46% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VESIX Vanguard European Stock Index Fund Institutional Shares	3.10%	2.86%	3.60%	3.15%	3.25%	3.04%	2.10%	3.28%	3.95%	2.72%	3.54%	3.27%
VITAX Vanguard Information Technology Index Fund Admiral Shares	0.46%	0.40%	0.60%	0.65%	0.91%	0.63%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Drawdowns

VESIX vs. VITAX - Drawdown Comparison

The maximum VESIX drawdown since its inception was -63.25%, which is greater than VITAX's maximum drawdown of -54.81%. Use the drawdown chart below to compare losses from any high point for VESIX and VITAX.

Drawdown Indicators

	VESIX	VITAX	Difference
Max Drawdown Largest peak-to-trough decline	-63.25%	-54.81%	-8.44%
Max Drawdown (1Y) Largest decline over 1 year	-11.96%	-16.38%	+4.42%
Max Drawdown (5Y) Largest decline over 5 years	-32.68%	-35.10%	+2.42%
Max Drawdown (10Y) Largest decline over 10 years	-36.85%	-35.10%	-1.75%
Current Drawdown Current decline from peak	-11.25%	-16.38%	+5.13%
Average Drawdown Average peak-to-trough decline	-15.31%	-8.06%	-7.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.11%	5.24%	-2.13%

Volatility

VESIX vs. VITAX - Volatility Comparison

Vanguard European Stock Index Fund Institutional Shares (VESIX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX) have volatilities of 6.93% and 6.70%, 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

	VESIX	VITAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.93%	6.70%	+0.23%
Volatility (6M) Calculated over the trailing 6-month period	10.60%	15.84%	-5.24%
Volatility (1Y) Calculated over the trailing 1-year period	16.71%	27.38%	-10.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.15%	25.22%	-8.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.13%	24.69%	-6.56%