VEXAX vs. VXF
Compare and contrast key facts about Vanguard Extended Market Index Fund Admiral Shares (VEXAX) and Vanguard Extended Market ETF (VXF).
VEXAX is managed by Vanguard. It was launched on Nov 13, 2000. VXF is a passively managed fund by Vanguard that tracks the performance of the S&P Completion Index. It was launched on Dec 27, 2001.
Performance
VEXAX vs. VXF - Performance Comparison
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VEXAX vs. VXF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VEXAX Vanguard Extended Market Index Fund Admiral Shares | -4.54% | 11.42% | 15.47% | 26.95% | -26.46% | 12.45% | 32.22% | 28.03% | -9.37% | 18.11% |
VXF Vanguard Extended Market ETF | -1.27% | 11.40% | 16.89% | 25.51% | -26.52% | 12.31% | 32.45% | 27.96% | -9.34% | 18.06% |
Returns By Period
In the year-to-date period, VEXAX achieves a -4.54% return, which is significantly lower than VXF's -1.27% return. Both investments have delivered pretty close results over the past 10 years, with VEXAX having a 10.55% annualized return and VXF not far ahead at 10.92%.
VEXAX
- 1D
- -1.04%
- 1M
- -7.75%
- YTD
- -4.54%
- 6M
- -4.39%
- 1Y
- 16.80%
- 3Y*
- 13.78%
- 5Y*
- 3.65%
- 10Y*
- 10.55%
VXF
- 1D
- 3.44%
- 1M
- -4.60%
- YTD
- -1.27%
- 6M
- -1.07%
- 1Y
- 20.89%
- 3Y*
- 15.08%
- 5Y*
- 3.98%
- 10Y*
- 10.92%
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VEXAX vs. VXF - Expense Ratio Comparison
Both VEXAX and VXF have an expense ratio of 0.06%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
VEXAX vs. VXF — Risk / Return Rank
VEXAX
VXF
VEXAX vs. VXF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Extended Market Index Fund Admiral Shares (VEXAX) and Vanguard Extended Market ETF (VXF). 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.
| VEXAX | VXF | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.72 | 0.91 | -0.19 |
Sortino ratioReturn per unit of downside risk | 1.16 | 1.41 | -0.25 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.19 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 0.95 | 1.39 | -0.44 |
Martin ratioReturn relative to average drawdown | 3.91 | 5.72 | -1.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VEXAX | VXF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.72 | 0.91 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | 0.18 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.49 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.43 | -0.09 |
Correlation
The correlation between VEXAX and VXF is 0.99, 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.
Dividends
VEXAX vs. VXF - Dividend Comparison
VEXAX's dividend yield for the trailing twelve months is around 1.22%, more than VXF's 1.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEXAX Vanguard Extended Market Index Fund Admiral Shares | 1.22% | 1.14% | 1.09% | 1.25% | 1.15% | 1.13% | 1.07% | 1.30% | 1.66% | 1.25% | 1.43% | 1.35% |
VXF Vanguard Extended Market ETF | 1.18% | 1.14% | 1.09% | 1.27% | 1.15% | 1.13% | 1.07% | 1.30% | 1.66% | 1.25% | 1.43% | 1.35% |
Drawdowns
VEXAX vs. VXF - Drawdown Comparison
The maximum VEXAX drawdown since its inception was -58.08%, roughly equal to the maximum VXF drawdown of -58.03%. Use the drawdown chart below to compare losses from any high point for VEXAX and VXF.
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Drawdown Indicators
| VEXAX | VXF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.08% | -58.03% | -0.05% |
Max Drawdown (1Y)Largest decline over 1 year | -14.63% | -14.68% | +0.05% |
Max Drawdown (5Y)Largest decline over 5 years | -36.33% | -36.39% | +0.06% |
Max Drawdown (10Y)Largest decline over 10 years | -41.62% | -41.72% | +0.10% |
Current DrawdownCurrent decline from peak | -10.25% | -7.12% | -3.13% |
Average DrawdownAverage peak-to-trough decline | -12.25% | -9.61% | -2.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.54% | 3.56% | -0.02% |
Volatility
VEXAX vs. VXF - Volatility Comparison
The current volatility for Vanguard Extended Market Index Fund Admiral Shares (VEXAX) is 6.02%, while Vanguard Extended Market ETF (VXF) has a volatility of 7.00%. This indicates that VEXAX experiences smaller price fluctuations and is considered to be less risky than VXF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VEXAX | VXF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.02% | 7.00% | -0.98% |
Volatility (6M)Calculated over the trailing 6-month period | 13.07% | 13.49% | -0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.79% | 23.05% | -0.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.33% | 22.36% | -0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.30% | 22.26% | +0.04% |