VFWPX vs. ACWX
Compare and contrast key facts about Vanguard FTSE All-World ex-US Index Fund Institutional Plus Shares (VFWPX) and iShares MSCI ACWI ex U.S. ETF (ACWX).
VFWPX is managed by Vanguard. It was launched on Dec 16, 2010. ACWX is a passively managed fund by iShares that tracks the performance of the MSCI All Country World ex-U.S. Index. It was launched on Mar 26, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VFWPX or ACWX.
Key characteristics
| VFWPX | ACWX | |
|---|---|---|
| YTD Return | 9.53% | 9.44% |
| 1Y Return | 16.82% | 16.80% |
| 3Y Return (Ann) | 2.12% | 1.81% |
| 5Y Return (Ann) | 6.84% | 6.29% |
| 10Y Return (Ann) | 4.79% | 4.32% |
| Sharpe Ratio | 1.40 | 1.29 |
| Daily Std Dev | 12.08% | 12.83% |
| Max Drawdown | -34.85% | -60.39% |
| Current Drawdown | -1.50% | -1.45% |
Correlation
The correlation between VFWPX and ACWX is 0.98, 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
VFWPX vs. ACWX - Performance Comparison
The year-to-date returns for both stocks are quite close, with VFWPX having a 9.53% return and ACWX slightly lower at 9.44%. Over the past 10 years, VFWPX has outperformed ACWX with an annualized return of 4.79%, while ACWX has yielded a comparatively lower 4.32% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VFWPX vs. ACWX - Expense Ratio Comparison
VFWPX has a 0.06% expense ratio, which is lower than ACWX's 0.32% expense ratio.
Risk-Adjusted Performance
VFWPX vs. ACWX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World ex-US Index Fund Institutional Plus Shares (VFWPX) and iShares MSCI ACWI ex U.S. ETF (ACWX). 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.
Dividends
VFWPX vs. ACWX - Dividend Comparison
VFWPX's dividend yield for the trailing twelve months is around 2.50%, less than ACWX's 2.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VFWPX Vanguard FTSE All-World ex-US Index Fund Institutional Plus Shares | 2.50% | 3.33% | 3.12% | 3.08% | 2.01% | 3.12% | 3.30% | 2.70% | 3.00% | 2.99% | 3.57% | 2.72% |
ACWX iShares MSCI ACWI ex U.S. ETF | 2.72% | 2.96% | 2.68% | 2.73% | 1.88% | 3.21% | 2.64% | 2.39% | 2.77% | 2.51% | 3.17% | 2.68% |
Drawdowns
VFWPX vs. ACWX - Drawdown Comparison
The maximum VFWPX drawdown since its inception was -34.85%, smaller than the maximum ACWX drawdown of -60.39%. Use the drawdown chart below to compare losses from any high point for VFWPX and ACWX. For additional features, visit the drawdowns tool.
Volatility
VFWPX vs. ACWX - Volatility Comparison
Vanguard FTSE All-World ex-US Index Fund Institutional Plus Shares (VFWPX) and iShares MSCI ACWI ex U.S. ETF (ACWX) have volatilities of 3.79% and 3.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.