VESIX vs. VOO
Compare and contrast key facts about Vanguard European Stock Index Fund Institutional Shares (VESIX) and Vanguard S&P 500 ETF (VOO).
VESIX is managed by Vanguard. It was launched on May 15, 2000. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VESIX or VOO.
Performance
VESIX vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, VESIX achieves a 2.46% return, which is significantly lower than VOO's 26.16% return. Over the past 10 years, VESIX has underperformed VOO with an annualized return of 4.84%, while VOO has yielded a comparatively higher 13.18% annualized return.
VESIX
2.46%
-5.82%
-4.93%
9.19%
6.07%
4.84%
VOO
26.16%
1.77%
13.62%
32.33%
15.68%
13.18%
Key characteristics
| VESIX | VOO | |
|---|---|---|
| Sharpe Ratio | 0.73 | 2.70 |
| Sortino Ratio | 1.07 | 3.60 |
| Omega Ratio | 1.13 | 1.50 |
| Calmar Ratio | 0.93 | 3.90 |
| Martin Ratio | 3.06 | 17.65 |
| Ulcer Index | 3.03% | 1.86% |
| Daily Std Dev | 12.74% | 12.19% |
| Max Drawdown | -63.25% | -33.99% |
| Current Drawdown | -9.98% | -0.86% |
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VESIX vs. VOO - Expense Ratio Comparison
VESIX has a 0.08% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between VESIX and VOO is 0.76, 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.
Risk-Adjusted Performance
VESIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard European Stock Index Fund Institutional Shares (VESIX) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
VESIX vs. VOO - Dividend Comparison
VESIX's dividend yield for the trailing twelve months is around 3.14%, more than VOO's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VESIX Vanguard European Stock Index Fund Institutional Shares | 3.14% | 3.14% | 3.24% | 3.04% | 2.10% | 3.29% | 3.95% | 2.72% | 3.54% | 3.27% | 4.65% | 2.80% |
VOO Vanguard S&P 500 ETF | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
VESIX vs. VOO - Drawdown Comparison
The maximum VESIX drawdown since its inception was -63.25%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VESIX and VOO. For additional features, visit the drawdowns tool.
Volatility
VESIX vs. VOO - Volatility Comparison
Vanguard European Stock Index Fund Institutional Shares (VESIX) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.06% and 3.99%, 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.