VGTSX vs. GSINX

Last updated Aug 4, 2026

VGTSX (Vanguard Total International Stock Index Fund Investor Shares) and GSINX (Goldman Sachs GQG Partners International Opportunities Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, VGTSX returned 8.75%/yr vs 9.09%/yr for GSINX. Their correlation of 0.83 means they have usually moved in the same direction. VGTSX charges 0.17%/yr vs 0.89%/yr for GSINX.

Performance

VGTSX vs. GSINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total International Stock Index Fund Investor Shares (VGTSX) and Goldman Sachs GQG Partners International Opportunities Fund (GSINX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VGTSX achieves a 12.81% return, which is significantly higher than GSINX's 8.09% return.

VGTSX

• 1D: 0.07%
• 1M: 0.18%
• 6M: 6.40%
• YTD: 12.81%
• 1Y: 27.66%
• 3Y*: 17.12%
• 5Y*: 8.75%
• 10Y*: 9.36%
• ALL TIME*: 5.82%

GSINX

• 1D: 0.00%
• 1M: 2.07%
• 6M: 3.73%
• YTD: 8.09%
• 1Y: 15.57%
• 3Y*: 15.68%
• 5Y*: 9.09%
• 10Y*: —
• ALL TIME*: 12.63%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GSINX Goldman Sachs GQG Partners International Opportunities Fund	$0.00	$0.00	$0.00
VGTSX Vanguard Total International Stock Index Fund Investor Shares	$0.00	$0.00	$0.00

VGTSX vs. GSINX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VGTSX Vanguard Total International Stock Index Fund Investor Shares	12.81%	32.05%	5.30%	15.18%	-16.07%	8.58%	11.15%	21.44%	-14.47%	27.39%
GSINX Goldman Sachs GQG Partners International Opportunities Fund	8.09%	20.76%	9.53%	21.93%	-11.14%	12.35%	15.64%	27.41%	-6.14%	29.66%

Correlation

The correlation between VGTSX and GSINX is 0.44, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.44
Correlation (3Y) Balances recent behavior with more history.	0.70
Correlation (5Y) Shows whether the relationship held over a longer period.	0.79
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.83

Over the past year, the correlation between VGTSX and GSINX has dropped to 0.44 - well below their long-term average of 0.83, suggesting their price drivers have been diverging.

Return for Risk

VGTSX vs. GSINX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VGTSX

VGTSX Risk / Return Rank: 69
VGTSX Sharpe Ratio Rank: 70
VGTSX Sortino Ratio Rank: 65
VGTSX Omega Ratio Rank: 70
VGTSX Calmar Ratio Rank: 72
VGTSX Martin Ratio Rank: 68

GSINX

GSINX Risk / Return Rank: 53
GSINX Sharpe Ratio Rank: 61
GSINX Sortino Ratio Rank: 56
GSINX Omega Ratio Rank: 61
GSINX Calmar Ratio Rank: 51
GSINX Martin Ratio Rank: 35

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VGTSX vs. GSINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total International Stock Index Fund Investor Shares (VGTSX) and Goldman Sachs GQG Partners International Opportunities Fund (GSINX). 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.

	VGTSX	GSINX	Difference
Sharpe ratio: Return per unit of total volatility	1.72	1.59	+0.13
Sortino ratio: Return per unit of downside risk	2.35	2.19	+0.16
Omega ratio: Gain probability vs. loss probability	1.32	1.29	+0.02
Calmar ratio: Return relative to maximum drawdown	2.42	2.01	+0.42
Martin ratio: Return relative to average drawdown	8.98	5.46	+3.52

VGTSX vs. GSINX - Sharpe Ratio Comparison

The current VGTSX Sharpe Ratio is 1.72, which is comparable to the GSINX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of VGTSX and GSINX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VGTSX vs. GSINX - Drawdown Comparison

The maximum VGTSX drawdown since its inception was -61.48%, which is greater than GSINX's maximum drawdown of -28.80%. Use the drawdown chart below to compare losses from any high point for VGTSX and GSINX.

Drawdown Indicators

	VGTSX	GSINX	Difference
Max Drawdown Largest peak-to-trough decline	-61.48%	-28.80%	-32.68%
Max Drawdown (1Y) Largest decline over 1 year	-11.29%	-7.80%	-3.49%
Max Drawdown (3Y) Largest decline over 3 years	-13.11%	-10.32%	-2.79%
Max Drawdown (5Y) Largest decline over 5 years	-29.56%	-25.46%	-4.10%
Max Drawdown (10Y) Largest decline over 10 years	-35.93%	—	—
Current Drawdown Current decline from peak	-2.58%	-2.18%	-0.40%
Average Drawdown Average peak-to-trough decline	-13.91%	-4.84%	-9.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	2.85%	+0.19%

Volatility

VGTSX vs. GSINX - Volatility Comparison

Vanguard Total International Stock Index Fund Investor Shares (VGTSX) has a higher volatility of 5.27% compared to Goldman Sachs GQG Partners International Opportunities Fund (GSINX) at 2.64%. This indicates that VGTSX's price experiences larger fluctuations and is considered to be riskier than GSINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VGTSX	GSINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.27%	2.64%	+2.63%
Volatility (6M) Calculated over the trailing 6-month period	14.15%	8.16%	+5.99%
Volatility (1Y) Calculated over the trailing 1-year period	15.98%	9.85%	+6.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.35%	14.25%	+1.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.83%	15.61%	+0.22%

VGTSX vs. GSINX - Expense Ratio Comparison

VGTSX has a 0.17% expense ratio, which is lower than GSINX's 0.89% expense ratio.

Dividends

VGTSX vs. GSINX - Dividend Comparison

VGTSX's dividend yield for the trailing twelve months is around 2.48%, less than GSINX's 4.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GSINX Goldman Sachs GQG Partners International Opportunities Fund	4.65%	5.03%	11.11%	2.27%	4.79%	2.13%	0.08%	0.57%	0.43%	0.12%	0.00%	0.00%
VGTSX Vanguard Total International Stock Index Fund Investor Shares	2.48%	3.08%	3.26%	3.16%	2.98%	2.99%	2.05%	2.98%	3.09%	2.68%	2.86%	2.77%

Frequently Asked Questions

Can I hold both VGTSX and GSINX in my portfolio?

VGTSX and GSINX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VGTSX or GSINX?

VGTSX has higher volatility (5.27%) compared to GSINX (2.64%). In terms of maximum drawdown, VGTSX dropped -61.48% vs GSINX's -28.80%.

Which has better risk-adjusted returns?

VGTSX currently has the higher Sharpe Ratio (1.72 vs 1.59), 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.