VFINX vs. VT

Last updated Aug 1, 2026

VFINX (Vanguard 500 Index Fund Investor Shares) and VT (Vanguard Total World Stock ETF) are both funds - VFINX is a Large Cap Blend Equities fund tracking the S&P 500 Index, while VT is a Global Equities fund tracking the FTSE Global All Cap Index. Both are passively managed. Over the past 10 years, VFINX returned 14.85%/yr vs 12.39%/yr for VT. Their correlation of 0.95 means they have usually moved in the same direction. VFINX charges 0.14%/yr vs 0.06%/yr for VT.

Performance

VFINX vs. VT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard 500 Index Fund Investor Shares (VFINX) and Vanguard Total World Stock ETF (VT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VFINX achieves a 9.27% return, which is significantly lower than VT's 11.15% return. Over the past 10 years, VFINX has outperformed VT with an annualized return of 14.85%, while VT has yielded a comparatively lower 12.39% annualized return.

VFINX

• 1D: 1.66%
• 1M: -0.57%
• 6M: 7.72%
• YTD: 9.27%
• 1Y: 20.48%
• 3Y*: 18.88%
• 5Y*: 12.53%
• 10Y*: 14.85%
• ALL TIME*: 10.68%

VT

• 1D: 0.26%
• 1M: -0.20%
• 6M: 7.80%
• YTD: 11.15%
• 1Y: 23.51%
• 3Y*: 18.19%
• 5Y*: 10.58%
• 10Y*: 12.39%
• ALL TIME*: 8.81%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
VFINX Vanguard 500 Index Fund Investor Shares	$0.00	$0.00	$0.00
VT Vanguard Total World Stock ETF	$425.08M	$369.63M	$481.55M

VFINX vs. VT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VFINX Vanguard 500 Index Fund Investor Shares	9.27%	17.71%	24.84%	26.12%	-18.24%	28.53%	18.20%	31.33%	-4.55%	21.66%
VT Vanguard Total World Stock ETF	11.15%	22.43%	16.49%	22.02%	-18.00%	18.27%	16.59%	26.81%	-9.76%	24.50%

Correlation

The correlation between VFINX and VT is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.96
Correlation (3Y) Balances recent behavior with more history.	0.95
Correlation (5Y) Shows whether the relationship held over a longer period.	0.96
Correlation (10Y) Provides a long-term view across more market conditions.	0.95
Correlation (All Time) Calculated using the full available price history since Jun 26, 2008	0.95

The correlation between VFINX and VT has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

Return for Risk

VFINX vs. VT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VFINX

VFINX Risk / Return Rank: 62
VFINX Sharpe Ratio Rank: 59
VFINX Sortino Ratio Rank: 56
VFINX Omega Ratio Rank: 57
VFINX Calmar Ratio Rank: 63
VFINX Martin Ratio Rank: 75

VT

VT Risk / Return Rank: 70
VT Sharpe Ratio Rank: 71
VT Sortino Ratio Rank: 69
VT Omega Ratio Rank: 69
VT Calmar Ratio Rank: 67
VT Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VFINX vs. VT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard 500 Index Fund Investor Shares (VFINX) and Vanguard Total World Stock ETF (VT). 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.

	VFINX	VT	Difference
Sharpe ratio: Return per unit of total volatility	1.42	1.59	-0.17
Sortino ratio: Return per unit of downside risk	1.98	2.23	-0.25
Omega ratio: Gain probability vs. loss probability	1.25	1.29	-0.03
Calmar ratio: Return relative to maximum drawdown	2.04	2.29	-0.25
Martin ratio: Return relative to average drawdown	8.76	9.54	-0.78

VFINX vs. VT - Sharpe Ratio Comparison

The current VFINX Sharpe Ratio is 1.42, which is comparable to the VT Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of VFINX and VT, 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

VFINX vs. VT - Drawdown Comparison

The maximum VFINX drawdown since its inception was -55.25%, which is greater than VT's maximum drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for VFINX and VT.

Drawdown Indicators

	VFINX	VT	Difference
Max Drawdown Largest peak-to-trough decline	-55.25%	-50.27%	-4.98%
Max Drawdown (1Y) Largest decline over 1 year	-8.92%	-9.67%	+0.75%
Max Drawdown (3Y) Largest decline over 3 years	-18.76%	-16.51%	-2.25%
Max Drawdown (5Y) Largest decline over 5 years	-24.59%	-26.38%	+1.79%
Max Drawdown (10Y) Largest decline over 10 years	-33.83%	-34.24%	+0.41%
Current Drawdown Current decline from peak	-2.13%	-1.84%	-0.29%
Average Drawdown Average peak-to-trough decline	-8.26%	-6.97%	-1.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.08%	2.32%	-0.24%

Volatility

VFINX vs. VT - Volatility Comparison

The current volatility for Vanguard 500 Index Fund Investor Shares (VFINX) is 3.44%, while Vanguard Total World Stock ETF (VT) has a volatility of 3.99%. This indicates that VFINX experiences smaller price fluctuations and is considered to be less risky than VT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VFINX	VT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.44%	3.99%	-0.55%
Volatility (6M) Calculated over the trailing 6-month period	10.10%	11.68%	-1.58%
Volatility (1Y) Calculated over the trailing 1-year period	12.86%	13.96%	-1.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.01%	16.22%	+0.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.07%	17.18%	+0.89%

VFINX vs. VT - Expense Ratio Comparison

VFINX has a 0.14% expense ratio, which is higher than VT's 0.06% 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%.

Dividends

VFINX vs. VT - Dividend Comparison

VFINX's dividend yield for the trailing twelve months is around 0.97%, less than VT's 1.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VFINX Vanguard 500 Index Fund Investor Shares	0.97%	1.02%	1.14%	1.36%	1.57%	1.15%	1.45%	1.77%	1.94%	1.69%	1.92%	1.99%
VT Vanguard Total World Stock ETF	1.59%	1.82%	1.95%	2.08%	2.20%	1.82%	1.66%	2.32%	2.53%	2.11%	2.39%	2.45%

Frequently Asked Questions

Can I hold both VFINX and VT in my portfolio?

With a correlation of 0.96, VFINX and VT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, VFINX or VT?

VT has higher volatility (3.99%) compared to VFINX (3.44%). In terms of maximum drawdown, VFINX dropped -55.25% vs VT's -50.27%.

Which has better risk-adjusted returns?

VT currently has the higher Sharpe Ratio (1.59 vs 1.42), 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.