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VFSNX vs. KGGIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VFSNX vs. KGGIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares (VFSNX) and Kopernik Global All-Cap Fund (KGGIX). The values are adjusted to include any dividend payments, if applicable.

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VFSNX vs. KGGIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VFSNX
Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares
-1.08%29.97%2.63%15.18%-21.26%12.74%11.92%21.72%-18.46%30.30%
KGGIX
Kopernik Global All-Cap Fund
4.70%64.88%-4.91%13.43%-9.05%16.86%37.23%10.00%-11.07%8.98%

Returns By Period

In the year-to-date period, VFSNX achieves a -1.08% return, which is significantly lower than KGGIX's 4.70% return. Over the past 10 years, VFSNX has underperformed KGGIX with an annualized return of 7.33%, while KGGIX has yielded a comparatively higher 14.53% annualized return.


VFSNX

1D
-0.56%
1M
-11.47%
YTD
-1.08%
6M
1.46%
1Y
26.81%
3Y*
12.77%
5Y*
5.20%
10Y*
7.33%

KGGIX

1D
-0.06%
1M
-9.42%
YTD
4.70%
6M
13.13%
1Y
50.78%
3Y*
21.52%
5Y*
12.90%
10Y*
14.53%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VFSNX vs. KGGIX - Expense Ratio Comparison

VFSNX has a 0.11% expense ratio, which is lower than KGGIX's 1.01% expense ratio.


Return for Risk

VFSNX vs. KGGIX — Risk / Return Rank

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

VFSNX
VFSNX Risk / Return Rank: 8585
Overall Rank
VFSNX Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
VFSNX Sortino Ratio Rank: 8686
Sortino Ratio Rank
VFSNX Omega Ratio Rank: 8585
Omega Ratio Rank
VFSNX Calmar Ratio Rank: 8484
Calmar Ratio Rank
VFSNX Martin Ratio Rank: 8383
Martin Ratio Rank

KGGIX
KGGIX Risk / Return Rank: 9797
Overall Rank
KGGIX Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
KGGIX Sortino Ratio Rank: 9797
Sortino Ratio Rank
KGGIX Omega Ratio Rank: 9696
Omega Ratio Rank
KGGIX Calmar Ratio Rank: 9898
Calmar Ratio Rank
KGGIX Martin Ratio Rank: 9797
Martin Ratio Rank
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.

VFSNX vs. KGGIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares (VFSNX) and Kopernik Global All-Cap Fund (KGGIX). 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.


VFSNXKGGIXDifference

Sharpe ratio

Return per unit of total volatility

1.78

3.28

-1.50

Sortino ratio

Return per unit of downside risk

2.29

3.90

-1.60

Omega ratio

Gain probability vs. loss probability

1.35

1.58

-0.23

Calmar ratio

Return relative to maximum drawdown

2.09

4.66

-2.56

Martin ratio

Return relative to average drawdown

8.39

17.03

-8.64

VFSNX vs. KGGIX - Sharpe Ratio Comparison

The current VFSNX Sharpe Ratio is 1.78, which is lower than the KGGIX Sharpe Ratio of 3.28. The chart below compares the historical Sharpe Ratios of VFSNX and KGGIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


VFSNXKGGIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.78

3.28

-1.50

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.35

0.86

-0.51

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

0.97

-0.50

Sharpe Ratio (All Time)

Calculated using the full available price history

0.55

0.61

-0.06

Correlation

The correlation between VFSNX and KGGIX is 0.67, 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

VFSNX vs. KGGIX - Dividend Comparison

VFSNX's dividend yield for the trailing twelve months is around 3.40%, less than KGGIX's 15.72% yield.


TTM20252024202320222021202020192018201720162015
VFSNX
Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares
3.40%3.36%3.41%3.11%2.26%2.70%1.90%3.25%2.81%2.85%2.93%2.69%
KGGIX
Kopernik Global All-Cap Fund
15.72%16.46%1.04%8.60%13.59%9.30%4.81%3.02%0.25%4.40%3.34%0.81%

Drawdowns

VFSNX vs. KGGIX - Drawdown Comparison

The maximum VFSNX drawdown since its inception was -43.65%, roughly equal to the maximum KGGIX drawdown of -45.11%. Use the drawdown chart below to compare losses from any high point for VFSNX and KGGIX.


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Drawdown Indicators


VFSNXKGGIXDifference

Max Drawdown

Largest peak-to-trough decline

-43.65%

-45.11%

+1.46%

Max Drawdown (1Y)

Largest decline over 1 year

-11.47%

-10.65%

-0.82%

Max Drawdown (5Y)

Largest decline over 5 years

-33.75%

-26.43%

-7.32%

Max Drawdown (10Y)

Largest decline over 10 years

-43.65%

-31.59%

-12.06%

Current Drawdown

Current decline from peak

-11.47%

-9.42%

-2.05%

Average Drawdown

Average peak-to-trough decline

-9.56%

-9.59%

+0.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.86%

2.91%

-0.05%

Volatility

VFSNX vs. KGGIX - Volatility Comparison

Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares (VFSNX) has a higher volatility of 6.02% compared to Kopernik Global All-Cap Fund (KGGIX) at 5.62%. This indicates that VFSNX's price experiences larger fluctuations and is considered to be riskier than KGGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VFSNXKGGIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.02%

5.62%

+0.40%

Volatility (6M)

Calculated over the trailing 6-month period

9.85%

12.33%

-2.48%

Volatility (1Y)

Calculated over the trailing 1-year period

14.43%

15.26%

-0.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.85%

15.14%

-0.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.66%

15.08%

+0.58%