VGSLX vs. VGSIX
VGSLX (Vanguard Real Estate Index Fund Admiral Shares) and VGSIX (Vanguard Real Estate Index Fund) are both REIT funds from Vanguard. Over the past 10 years, VGSLX returned 5.28%/yr vs 4.95%/yr for VGSIX. With a 1.00 correlation, they move nearly in lockstep. VGSLX charges 0.13%/yr vs 0.26%/yr for VGSIX.
Performance
VGSLX vs. VGSIX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with VGSLX having a 10.34% return and VGSIX slightly lower at 10.27%. Over the past 10 years, VGSLX has outperformed VGSIX with an annualized return of 5.28%, while VGSIX has yielded a comparatively lower 4.95% annualized return.
VGSLX
- 1D
- 1.06%
- 1M
- -0.19%
- YTD
- 10.34%
- 6M
- 10.73%
- 1Y
- 10.19%
- 3Y*
- 10.80%
- 5Y*
- 2.52%
- 10Y*
- 5.28%
VGSIX
- 1D
- 1.07%
- 1M
- -0.19%
- YTD
- 10.27%
- 6M
- 10.65%
- 1Y
- 10.06%
- 3Y*
- 9.99%
- 5Y*
- 2.02%
- 10Y*
- 4.95%
VGSLX vs. VGSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VGSLX Vanguard Real Estate Index Fund Admiral Shares | 10.34% | 3.18% | 3.67% | 13.13% | -26.20% | 40.39% | -4.75% | 28.90% | -5.99% | 4.91% |
VGSIX Vanguard Real Estate Index Fund | 10.27% | 2.04% | 2.67% | 12.97% | -26.29% | 40.18% | -4.87% | 28.74% | -6.14% | 4.80% |
Correlation
The correlation between VGSLX and VGSIX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Nov 12, 2001 | 1.00 |
The correlation between VGSLX and VGSIX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VGSLX vs. VGSIX — Risk / Return Rank
VGSLX
VGSIX
VGSLX vs. VGSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Real Estate Index Fund Admiral Shares (VGSLX) and Vanguard Real Estate Index Fund (VGSIX). 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.
| VGSLX | VGSIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.15 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | 1.40 | +0.02 |
| Martin ratioReturn relative to average drawdown | 4.43 | 4.37 | +0.06 |
Loading charts...
Drawdowns
VGSLX vs. VGSIX - Drawdown Comparison
The maximum VGSLX drawdown since its inception was -73.05%, roughly equal to the maximum VGSIX drawdown of -73.13%. Use the drawdown chart below to compare losses from any high point for VGSLX and VGSIX.
Loading charts...
Drawdown Indicators
| VGSLX | VGSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.05% | -73.13% | +0.08% |
Max Drawdown (1Y)Largest decline over 1 year | -8.33% | -8.32% | -0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -17.41% | -18.62% | +1.21% |
Max Drawdown (5Y)Largest decline over 5 years | -34.41% | -34.58% | +0.17% |
Max Drawdown (10Y)Largest decline over 10 years | -42.34% | -42.35% | +0.01% |
Current DrawdownCurrent decline from peak | -1.99% | -3.81% | +1.82% |
Average DrawdownAverage peak-to-trough decline | -12.55% | -11.86% | -0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.66% | 2.66% | 0.00% |
Volatility
VGSLX vs. VGSIX - Volatility Comparison
Vanguard Real Estate Index Fund Admiral Shares (VGSLX) and Vanguard Real Estate Index Fund (VGSIX) have volatilities of 5.05% and 5.06%, 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.
Loading charts...
Volatility by Period
| VGSLX | VGSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.05% | 5.06% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 10.16% | 10.15% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.83% | 13.81% | +0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.92% | 18.93% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.89% | 20.90% | -0.01% |
VGSLX vs. VGSIX - Expense Ratio Comparison
VGSLX has a 0.13% expense ratio, which is lower than VGSIX's 0.26% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VGSLX vs. VGSIX - Dividend Comparison
VGSLX's dividend yield for the trailing twelve months is around 3.61%, more than VGSIX's 3.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGSIX Vanguard Real Estate Index Fund | 3.47% | 2.76% | 2.83% | 3.77% | 3.75% | 2.43% | 3.78% | 3.24% | 4.59% | 4.09% | 4.67% | 3.78% |
VGSLX Vanguard Real Estate Index Fund Admiral Shares | 3.61% | 3.92% | 3.85% | 3.91% | 3.91% | 2.56% | 3.92% | 3.39% | 4.73% | 4.23% | 4.82% | 3.92% |
Frequently Asked Questions
With a correlation of 1.00, VGSLX and VGSIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
VGSIX has higher volatility (5.06%) compared to VGSLX (5.05%). In terms of maximum drawdown, VGSLX dropped -73.05% vs VGSIX's -73.13%.
VGSLX currently has the higher Sharpe Ratio (0.86 vs 0.85), 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.
Find the right allocation for VGSLX and VGSIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer