VFSNX vs. VTSAX
VFSNX (Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares) and VTSAX (Vanguard Total Stock Market Index Fund Admiral Shares) are both mutual funds - VFSNX is a Foreign Small & Mid Cap Equities fund managed by Vanguard, while VTSAX is a Large Cap Blend Equities fund managed by Vanguard. Over the past 10 years, VFSNX returned 7.47%/yr vs 14.47%/yr for VTSAX. Their 0.78 correlation means they have sometimes moved together and sometimes differently. VFSNX charges 0.11%/yr vs 0.04%/yr for VTSAX.
Performance
VFSNX vs. VTSAX - Performance Comparison
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Returns By Period
In the year-to-date period, VFSNX achieves a 5.53% return, which is significantly lower than VTSAX's 9.87% return. Over the past 10 years, VFSNX has underperformed VTSAX with an annualized return of 7.47%, while VTSAX has yielded a comparatively higher 14.47% annualized return.
VFSNX
- 1D
- 1.91%
- 1M
- -2.41%
- 6M
- -0.72%
- YTD
- 5.53%
- 1Y
- 16.42%
- 3Y*
- 12.78%
- 5Y*
- 4.99%
- 10Y*
- 7.47%
- ALL TIME*
- 9.17%
VTSAX
- 1D
- 1.63%
- 1M
- -0.77%
- 6M
- 8.16%
- YTD
- 9.87%
- 1Y
- 21.10%
- 3Y*
- 18.58%
- 5Y*
- 11.61%
- 10Y*
- 14.47%
- ALL TIME*
- 9.00%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
VFSNX vs. VTSAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VFSNX Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares | 5.53% | 29.97% | 2.63% | 15.18% | -21.26% | 12.74% | 11.92% | 21.72% | -18.46% | 30.30% |
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares | 9.87% | 17.12% | 23.23% | 26.51% | -19.52% | 25.72% | 20.98% | 30.79% | -5.18% | 21.16% |
Correlation
The correlation between VFSNX and VTSAX is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.78 |
Correlation (3Y) Balances recent behavior with more history. | 0.74 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.77 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.77 |
Correlation (All Time) Calculated using the full available price history since Mar 20, 2009 | 0.78 |
The correlation between VFSNX and VTSAX has been stable across timeframes, ranging from 0.74 to 0.78 - a consistent structural relationship.
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Return for Risk
VFSNX vs. VTSAX — Risk / Return Rank
VFSNX
VTSAX
VFSNX vs. VTSAX - 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 Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX). 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.
| VFSNX | VTSAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.25 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.37 | 2.10 | -0.73 |
| Martin ratioReturn relative to average drawdown | 4.39 | 9.09 | -4.70 |
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Drawdowns
VFSNX vs. VTSAX - Drawdown Comparison
The maximum VFSNX drawdown since its inception was -43.65%, smaller than the maximum VTSAX drawdown of -55.33%. Use the drawdown chart below to compare losses from any high point for VFSNX and VTSAX.
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Drawdown Indicators
| VFSNX | VTSAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.65% | -55.33% | +11.68% |
Max Drawdown (1Y)Largest decline over 1 year | -11.47% | -8.92% | -2.55% |
Max Drawdown (3Y)Largest decline over 3 years | -14.70% | -19.36% | +4.66% |
Max Drawdown (5Y)Largest decline over 5 years | -33.75% | -25.36% | -8.39% |
Max Drawdown (10Y)Largest decline over 10 years | -43.65% | -34.97% | -8.68% |
Current DrawdownCurrent decline from peak | -6.61% | -1.88% | -4.73% |
Average DrawdownAverage peak-to-trough decline | -9.44% | -8.96% | -0.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.57% | 2.06% | +1.51% |
Volatility
VFSNX vs. VTSAX - Volatility Comparison
Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares (VFSNX) has a higher volatility of 5.02% compared to Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) at 3.41%. This indicates that VFSNX's price experiences larger fluctuations and is considered to be riskier than VTSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VFSNX | VTSAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.02% | 3.41% | +1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 13.02% | 10.27% | +2.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.84% | 13.13% | +1.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.27% | 17.47% | -2.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.65% | 18.41% | -2.76% |
VFSNX vs. VTSAX - Expense Ratio Comparison
VFSNX has a 0.11% expense ratio, which is higher than VTSAX's 0.04% 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
VFSNX vs. VTSAX - Dividend Comparison
VFSNX's dividend yield for the trailing twelve months is around 3.29%, more than VTSAX's 1.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VFSNX Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares | 3.29% | 3.36% | 3.41% | 3.11% | 2.26% | 2.70% | 1.90% | 3.25% | 2.81% | 2.85% | 2.93% | 2.69% |
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares | 1.06% | 1.11% | 1.26% | 1.42% | 1.65% | 1.20% | 1.41% | 1.76% | 2.03% | 1.71% | 1.92% | 1.98% |
Frequently Asked Questions
VFSNX and VTSAX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VFSNX has higher volatility (5.02%) compared to VTSAX (3.41%). In terms of maximum drawdown, VFSNX dropped -43.65% vs VTSAX's -55.33%.
VTSAX currently has the higher Sharpe Ratio (1.43 vs 1.06), 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.
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