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VESIX vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


VESIXVOO
YTD Return10.40%18.91%
1Y Return20.39%28.20%
3Y Return (Ann)4.37%9.93%
5Y Return (Ann)8.44%15.31%
10Y Return (Ann)5.26%12.87%
Sharpe Ratio1.582.21
Daily Std Dev12.95%12.64%
Max Drawdown-63.25%-33.99%
Current Drawdown-1.74%-0.60%

Correlation

-0.50.00.51.00.8

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.

Performance

VESIX vs. VOO - Performance Comparison

In the year-to-date period, VESIX achieves a 10.40% return, which is significantly lower than VOO's 18.91% return. Over the past 10 years, VESIX has underperformed VOO with an annualized return of 5.26%, while VOO has yielded a comparatively higher 12.87% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%AprilMayJuneJulyAugustSeptember
5.70%
7.91%
VESIX
VOO

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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%.


VESIX
Vanguard European Stock Index Fund Institutional Shares
Expense ratio chart for VESIX: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%
Expense ratio chart for VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

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.


VESIX
Sharpe ratio
The chart of Sharpe ratio for VESIX, currently valued at 1.58, compared to the broader market-1.000.001.002.003.004.005.001.58
Sortino ratio
The chart of Sortino ratio for VESIX, currently valued at 2.25, compared to the broader market0.005.0010.002.25
Omega ratio
The chart of Omega ratio for VESIX, currently valued at 1.27, compared to the broader market1.002.003.004.001.27
Calmar ratio
The chart of Calmar ratio for VESIX, currently valued at 1.31, compared to the broader market0.005.0010.0015.0020.001.31
Martin ratio
The chart of Martin ratio for VESIX, currently valued at 8.11, compared to the broader market0.0020.0040.0060.0080.00100.008.11
VOO
Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 2.21, compared to the broader market-1.000.001.002.003.004.005.002.21
Sortino ratio
The chart of Sortino ratio for VOO, currently valued at 2.98, compared to the broader market0.005.0010.002.98
Omega ratio
The chart of Omega ratio for VOO, currently valued at 1.40, compared to the broader market1.002.003.004.001.40
Calmar ratio
The chart of Calmar ratio for VOO, currently valued at 2.41, compared to the broader market0.005.0010.0015.0020.002.41
Martin ratio
The chart of Martin ratio for VOO, currently valued at 12.12, compared to the broader market0.0020.0040.0060.0080.00100.0012.12

VESIX vs. VOO - Sharpe Ratio Comparison

The current VESIX Sharpe Ratio is 1.58, which roughly equals the VOO Sharpe Ratio of 2.21. The chart below compares the 12-month rolling Sharpe Ratio of VESIX and VOO.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00AprilMayJuneJulyAugustSeptember
1.58
2.21
VESIX
VOO

Dividends

VESIX vs. VOO - Dividend Comparison

VESIX's dividend yield for the trailing twelve months is around 2.66%, more than VOO's 1.28% yield.


TTM20232022202120202019201820172016201520142013
VESIX
Vanguard European Stock Index Fund Institutional Shares
2.66%3.15%3.25%3.04%2.10%3.28%3.95%2.72%3.54%3.27%4.65%2.80%
VOO
Vanguard S&P 500 ETF
1.28%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.


-8.00%-6.00%-4.00%-2.00%0.00%AprilMayJuneJulyAugustSeptember
-1.74%
-0.60%
VESIX
VOO

Volatility

VESIX vs. VOO - Volatility Comparison

The current volatility for Vanguard European Stock Index Fund Institutional Shares (VESIX) is 3.44%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.83%. This indicates that VESIX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%AprilMayJuneJulyAugustSeptember
3.44%
3.83%
VESIX
VOO