VGRLX vs. VNQI
Compare and contrast key facts about Vanguard Global ex-U.S. Real Estate Index Fund Admiral Shares (VGRLX) and Vanguard Global ex-U.S. Real Estate ETF (VNQI).
VGRLX is managed by Vanguard. It was launched on Feb 10, 2011. VNQI is a passively managed fund by Vanguard that tracks the performance of the S&P Global ex-U.S. Property Index. It was launched on Nov 1, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VGRLX or VNQI.
Key characteristics
| VGRLX | VNQI | |
|---|---|---|
| YTD Return | 7.33% | 7.00% |
| 1Y Return | 16.61% | 16.57% |
| 3Y Return (Ann) | -4.86% | -4.88% |
| 5Y Return (Ann) | -1.40% | -1.37% |
| 10Y Return (Ann) | 1.71% | 1.66% |
| Sharpe Ratio | 1.18 | 1.19 |
| Daily Std Dev | 15.23% | 15.35% |
| Max Drawdown | -38.77% | -38.35% |
| Current Drawdown | -16.52% | -16.59% |
Correlation
The correlation between VGRLX and VNQI is 0.94, 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
VGRLX vs. VNQI - Performance Comparison
The year-to-date returns for both stocks are quite close, with VGRLX having a 7.33% return and VNQI slightly lower at 7.00%. Both investments have delivered pretty close results over the past 10 years, with VGRLX having a 1.71% annualized return and VNQI not far behind at 1.66%. 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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VGRLX vs. VNQI - Expense Ratio Comparison
Both VGRLX and VNQI have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VGRLX vs. VNQI - Risk-Adjusted Performance 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 Vanguard Global ex-U.S. Real Estate ETF (VNQI). 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
VGRLX vs. VNQI - Dividend Comparison
VGRLX's dividend yield for the trailing twelve months is around 3.48%, which matches VNQI's 3.49% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGRLX Vanguard Global ex-U.S. Real Estate Index Fund Admiral Shares | 3.48% | 3.74% | 0.56% | 6.49% | 0.92% | 7.76% | 4.62% | 3.86% | 5.17% | 2.84% | 4.08% | 3.27% |
VNQI Vanguard Global ex-U.S. Real Estate ETF | 3.49% | 3.74% | 0.57% | 6.48% | 0.93% | 7.58% | 4.62% | 3.86% | 5.18% | 2.86% | 4.11% | 3.27% |
Drawdowns
VGRLX vs. VNQI - Drawdown Comparison
The maximum VGRLX drawdown since its inception was -38.77%, roughly equal to the maximum VNQI drawdown of -38.35%. Use the drawdown chart below to compare losses from any high point for VGRLX and VNQI. For additional features, visit the drawdowns tool.
Volatility
VGRLX vs. VNQI - Volatility Comparison
Vanguard Global ex-U.S. Real Estate Index Fund Admiral Shares (VGRLX) and Vanguard Global ex-U.S. Real Estate ETF (VNQI) have volatilities of 3.40% and 3.51%, 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.