VGSNX vs. VTPSX

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard Real Estate Index Fund Institutional Shares (VGSNX) and Vanguard Total International Stock Index Fund Institutional Plus Shares (VTPSX).

VGSNX is managed by Vanguard. It was launched on Dec 2, 2003. VTPSX is managed by Vanguard. It was launched on Nov 30, 2010.

Performance

VGSNX vs. VTPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Real Estate Index Fund Institutional Shares (VGSNX) and Vanguard Total International Stock Index Fund Institutional Plus Shares (VTPSX). The values are adjusted to include any dividend payments, if applicable.

VGSNX vs. VTPSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VGSNX Vanguard Real Estate Index Fund Institutional Shares	1.28%	3.21%	3.72%	13.12%	-26.19%	40.46%	-4.76%	28.98%	-5.97%	4.90%
VTPSX Vanguard Total International Stock Index Fund Institutional Plus Shares	1.75%	32.25%	5.39%	15.31%	-15.99%	8.64%	11.29%	21.57%	-14.40%	27.56%

Returns By Period

In the year-to-date period, VGSNX achieves a 1.28% return, which is significantly lower than VTPSX's 1.75% return. Over the past 10 years, VGSNX has underperformed VTPSX with an annualized return of 4.65%, while VTPSX has yielded a comparatively higher 8.85% annualized return.

VGSNX

• 1D: 1.51%
• 1M: -6.61%
• YTD: 1.28%
• 6M: -1.15%
• 1Y: 1.75%
• 3Y*: 6.41%
• 5Y*: 2.79%
• 10Y*: 4.65%

VTPSX

• 1D: 2.80%
• 1M: -7.27%
• YTD: 1.75%
• 6M: 5.74%
• 1Y: 27.13%
• 3Y*: 15.31%
• 5Y*: 7.24%
• 10Y*: 8.85%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VGSNX vs. VTPSX - Expense Ratio Comparison

VGSNX has a 0.10% expense ratio, which is higher than VTPSX's 0.07% 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%.

VGSNX

Vanguard Real Estate Index Fund Institutional Shares

VTPSX

Vanguard Total International Stock Index Fund Institutional Plus Shares

Return for Risk

VGSNX vs. VTPSX — Risk / Return Rank

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

VGSNX

VGSNX Risk / Return Rank: 8
VGSNX Sharpe Ratio Rank: 6
VGSNX Sortino Ratio Rank: 6
VGSNX Omega Ratio Rank: 6
VGSNX Calmar Ratio Rank: 10
VGSNX Martin Ratio Rank: 10

VTPSX

VTPSX Risk / Return Rank: 86
VTPSX Sharpe Ratio Rank: 87
VTPSX Sortino Ratio Rank: 86
VTPSX Omega Ratio Rank: 84
VTPSX Calmar Ratio Rank: 88
VTPSX Martin Ratio Rank: 87

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.

VGSNX vs. VTPSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Real Estate Index Fund Institutional Shares (VGSNX) and Vanguard Total International Stock Index Fund Institutional Plus Shares (VTPSX). 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.

	VGSNX	VTPSX	Difference
Sharpe ratio Return per unit of total volatility	0.11	1.76	-1.65
Sortino ratio Return per unit of downside risk	0.27	2.33	-2.06
Omega ratio Gain probability vs. loss probability	1.04	1.35	-0.32
Calmar ratio Return relative to maximum drawdown	0.22	2.35	-2.13
Martin ratio Return relative to average drawdown	0.86	9.23	-8.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VGSNX vs. VTPSX - Sharpe Ratio Comparison

The current VGSNX Sharpe Ratio is 0.11, which is lower than the VTPSX Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of VGSNX and VTPSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VGSNX	VTPSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.11	1.76	-1.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	0.49	-0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	0.56	-0.34
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.40	-0.13

Correlation

The correlation between VGSNX and VTPSX is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

VGSNX vs. VTPSX - Dividend Comparison

VGSNX's dividend yield for the trailing twelve months is around 3.95%, more than VTPSX's 2.99% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VGSNX Vanguard Real Estate Index Fund Institutional Shares	3.95%	3.94%	3.87%	3.93%	3.94%	2.57%	3.95%	3.40%	4.75%	4.26%	4.84%	3.94%
VTPSX Vanguard Total International Stock Index Fund Institutional Plus Shares	2.99%	3.18%	3.37%	3.25%	3.09%	3.09%	2.13%	3.08%	3.20%	2.77%	2.97%	2.89%

Drawdowns

VGSNX vs. VTPSX - Drawdown Comparison

The maximum VGSNX drawdown since its inception was -73.06%, which is greater than VTPSX's maximum drawdown of -35.77%. Use the drawdown chart below to compare losses from any high point for VGSNX and VTPSX.

Drawdown Indicators

	VGSNX	VTPSX	Difference
Max Drawdown Largest peak-to-trough decline	-73.06%	-35.77%	-37.29%
Max Drawdown (1Y) Largest decline over 1 year	-12.41%	-11.29%	-1.12%
Max Drawdown (5Y) Largest decline over 5 years	-34.39%	-29.54%	-4.85%
Max Drawdown (10Y) Largest decline over 10 years	-42.30%	-35.77%	-6.53%
Current Drawdown Current decline from peak	-9.48%	-8.80%	-0.68%
Average Drawdown Average peak-to-trough decline	-13.36%	-8.11%	-5.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.18%	2.88%	+0.30%

Volatility

VGSNX vs. VTPSX - Volatility Comparison

The current volatility for Vanguard Real Estate Index Fund Institutional Shares (VGSNX) is 4.53%, while Vanguard Total International Stock Index Fund Institutional Plus Shares (VTPSX) has a volatility of 7.48%. This indicates that VGSNX experiences smaller price fluctuations and is considered to be less risky than VTPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VGSNX	VTPSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.53%	7.48%	-2.95%
Volatility (6M) Calculated over the trailing 6-month period	9.27%	10.82%	-1.55%
Volatility (1Y) Calculated over the trailing 1-year period	16.35%	15.72%	+0.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.88%	14.84%	+4.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.91%	15.85%	+5.06%