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VGRLX vs. VGREX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VGRLX vs. VGREX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Global ex-U.S. Real Estate Index Fund Admiral Shares (VGRLX) and VALIC Company I Global Real Estate Fund (VGREX). The values are adjusted to include any dividend payments, if applicable.

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VGRLX vs. VGREX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VGRLX
Vanguard Global ex-U.S. Real Estate Index Fund Admiral Shares
-5.49%22.00%-2.42%6.19%-22.36%5.65%-6.91%21.44%-9.55%26.53%
VGREX
VALIC Company I Global Real Estate Fund
-1.24%5.83%1.41%9.90%-25.89%22.67%-6.03%24.50%-7.18%13.82%

Returns By Period

In the year-to-date period, VGRLX achieves a -5.49% return, which is significantly lower than VGREX's -1.24% return. Over the past 10 years, VGRLX has underperformed VGREX with an annualized return of 2.23%, while VGREX has yielded a comparatively higher 2.62% annualized return.


VGRLX

1D
-0.27%
1M
-14.35%
YTD
-5.49%
6M
-4.74%
1Y
12.39%
3Y*
6.84%
5Y*
-0.92%
10Y*
2.23%

VGREX

1D
0.44%
1M
-9.78%
YTD
-1.24%
6M
-2.21%
1Y
5.46%
3Y*
4.76%
5Y*
0.26%
10Y*
2.62%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VGRLX vs. VGREX - Expense Ratio Comparison

VGRLX has a 0.12% expense ratio, which is lower than VGREX's 0.86% expense ratio.


Return for Risk

VGRLX vs. VGREX — Risk / Return Rank

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

VGRLX
VGRLX Risk / Return Rank: 3939
Overall Rank
VGRLX Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
VGRLX Sortino Ratio Rank: 4545
Sortino Ratio Rank
VGRLX Omega Ratio Rank: 4141
Omega Ratio Rank
VGRLX Calmar Ratio Rank: 2727
Calmar Ratio Rank
VGRLX Martin Ratio Rank: 3333
Martin Ratio Rank

VGREX
VGREX Risk / Return Rank: 1616
Overall Rank
VGREX Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
VGREX Sortino Ratio Rank: 1414
Sortino Ratio Rank
VGREX Omega Ratio Rank: 1414
Omega Ratio Rank
VGREX Calmar Ratio Rank: 1818
Calmar Ratio Rank
VGREX Martin Ratio Rank: 2020
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.

VGRLX vs. VGREX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Global ex-U.S. Real Estate Index Fund Admiral Shares (VGRLX) and VALIC Company I Global Real Estate Fund (VGREX). 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.


VGRLXVGREXDifference

Sharpe ratio

Return per unit of total volatility

0.95

0.41

+0.54

Sortino ratio

Return per unit of downside risk

1.31

0.64

+0.67

Omega ratio

Gain probability vs. loss probability

1.18

1.09

+0.09

Calmar ratio

Return relative to maximum drawdown

0.77

0.54

+0.23

Martin ratio

Return relative to average drawdown

3.54

2.08

+1.46

VGRLX vs. VGREX - Sharpe Ratio Comparison

The current VGRLX Sharpe Ratio is 0.95, which is higher than the VGREX Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of VGRLX and VGREX, 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


VGRLXVGREXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.95

0.41

+0.54

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.07

0.02

-0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.15

0.16

0.00

Sharpe Ratio (All Time)

Calculated using the full available price history

0.20

-0.02

+0.22

Correlation

The correlation between VGRLX and VGREX is 0.81, 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

VGRLX vs. VGREX - Dividend Comparison

VGRLX's dividend yield for the trailing twelve months is around 4.97%, more than VGREX's 3.25% yield.


TTM20252024202320222021202020192018201720162015
VGRLX
Vanguard Global ex-U.S. Real Estate Index Fund Admiral Shares
4.97%4.69%5.17%3.74%0.56%6.49%0.92%7.76%4.62%3.86%5.17%2.84%
VGREX
VALIC Company I Global Real Estate Fund
3.25%0.00%2.68%4.62%1.92%6.64%4.61%3.34%4.34%9.31%0.00%0.00%

Drawdowns

VGRLX vs. VGREX - Drawdown Comparison

The maximum VGRLX drawdown since its inception was -38.77%, smaller than the maximum VGREX drawdown of -63.57%. Use the drawdown chart below to compare losses from any high point for VGRLX and VGREX.


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Drawdown Indicators


VGRLXVGREXDifference

Max Drawdown

Largest peak-to-trough decline

-38.77%

-63.57%

+24.80%

Max Drawdown (1Y)

Largest decline over 1 year

-14.35%

-10.63%

-3.72%

Max Drawdown (5Y)

Largest decline over 5 years

-35.54%

-34.17%

-1.37%

Max Drawdown (10Y)

Largest decline over 10 years

-38.77%

-39.92%

+1.15%

Current Drawdown

Current decline from peak

-14.35%

-13.66%

-0.69%

Average Drawdown

Average peak-to-trough decline

-10.89%

-23.97%

+13.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.12%

2.78%

+0.34%

Volatility

VGRLX vs. VGREX - Volatility Comparison

Vanguard Global ex-U.S. Real Estate Index Fund Admiral Shares (VGRLX) has a higher volatility of 5.00% compared to VALIC Company I Global Real Estate Fund (VGREX) at 4.33%. This indicates that VGRLX's price experiences larger fluctuations and is considered to be riskier than VGREX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VGRLXVGREXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.00%

4.33%

+0.67%

Volatility (6M)

Calculated over the trailing 6-month period

8.32%

8.01%

+0.31%

Volatility (1Y)

Calculated over the trailing 1-year period

12.20%

14.14%

-1.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.77%

15.92%

-2.15%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.67%

16.95%

-2.28%