VIDI vs. IPOS

Last updated Jun 25, 2026

VIDI (Vident International Equity Fund) and IPOS (Renaissance International IPO ETF) are both Foreign Large Cap Equities funds - VIDI tracks the Vident International Equity Index while IPOS tracks the Renaissance International IPO Index. Both are passively managed. Over the past 10 years, VIDI returned 11.08%/yr vs 4.03%/yr for IPOS. A 0.54 correlation means they provide meaningful diversification when combined. VIDI charges 0.59%/yr vs 0.80%/yr for IPOS.

Performance

VIDI vs. IPOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vident International Equity Fund (VIDI) and Renaissance International IPO ETF (IPOS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VIDI achieves a 17.30% return, which is significantly lower than IPOS's 47.54% return. Over the past 10 years, VIDI has outperformed IPOS with an annualized return of 11.08%, while IPOS has yielded a comparatively lower 4.03% annualized return.

VIDI

• 1D: 0.04%
• 1M: -2.22%
• YTD: 17.30%
• 6M: 16.40%
• 1Y: 39.06%
• 3Y*: 25.15%
• 5Y*: 11.62%
• 10Y*: 11.08%

IPOS

• 1D: -0.41%
• 1M: 15.22%
• YTD: 47.54%
• 6M: 45.21%
• 1Y: 71.98%
• 3Y*: 19.85%
• 5Y*: -6.87%
• 10Y*: 4.03%

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

VIDI vs. IPOS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VIDI Vident International Equity Fund	17.30%	41.83%	6.03%	18.92%	-13.83%	11.93%	1.18%	15.84%	-17.65%	33.56%
IPOS Renaissance International IPO ETF	47.54%	39.93%	-12.34%	-16.49%	-33.46%	-30.62%	50.71%	30.93%	-22.33%	36.83%

Correlation

The correlation between VIDI and IPOS is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Oct 7, 2014	0.54

The correlation between VIDI and IPOS shifts across timeframes, from 0.53 (1 year) to 0.68 (5 years), reflecting how their relationship changes across market environments.

VIDI vs. IPOS - Sectors Allocation Comparison

Sectors	VIDI	IPOS
Industrials	18.7%	13.4%
Technology	18.4%	50.2%
Financial Services	17.5%	7.3%
Consumer Cyclical	10.5%	6.3%
Basic Materials	7.7%	3.8%
Energy	7.0%	4.9%
Healthcare	5.9%	14.9%
Consumer Defensive	5.6%	4.2%
Communication Services	5.4%	0.3%
Utilities	2.6%	3.1%
Real Estate	0.7%	-

Return for Risk

VIDI vs. IPOS — Risk / Return Rank

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

VIDI

VIDI Risk / Return Rank: 84
VIDI Sharpe Ratio Rank: 87
VIDI Sortino Ratio Rank: 83
VIDI Omega Ratio Rank: 86
VIDI Calmar Ratio Rank: 82
VIDI Martin Ratio Rank: 81

IPOS

IPOS Risk / Return Rank: 77
IPOS Sharpe Ratio Rank: 79
IPOS Sortino Ratio Rank: 69
IPOS Omega Ratio Rank: 77
IPOS Calmar Ratio Rank: 85
IPOS Martin Ratio Rank: 75

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.

VIDI vs. IPOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vident International Equity Fund (VIDI) and Renaissance International IPO ETF (IPOS). 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.

	VIDI	IPOS	Difference
Sharpe ratio: Return per unit of total volatility	2.52	2.23	+0.29
Sortino ratio: Return per unit of downside risk	3.30	2.77	+0.53
Omega ratio: Gain probability vs. loss probability	1.47	1.40	+0.07
Calmar ratio: Return relative to maximum drawdown	3.90	4.21	-0.32
Martin ratio: Return relative to average drawdown	14.17	12.60	+1.58

VIDI vs. IPOS - Sharpe Ratio Comparison

The current VIDI Sharpe Ratio is 2.52, which is comparable to the IPOS Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of VIDI and IPOS, 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

VIDI vs. IPOS - Drawdown Comparison

The maximum VIDI drawdown since its inception was -48.39%, smaller than the maximum IPOS drawdown of -73.09%. Use the drawdown chart below to compare losses from any high point for VIDI and IPOS.

Drawdown Indicators

	VIDI	IPOS	Difference
Max Drawdown Largest peak-to-trough decline	-48.39%	-73.09%	+24.70%
Max Drawdown (1Y) Largest decline over 1 year	-10.07%	-17.17%	+7.10%
Max Drawdown (3Y) Largest decline over 3 years	-14.54%	-34.08%	+19.54%
Max Drawdown (5Y) Largest decline over 5 years	-28.35%	-69.93%	+41.58%
Max Drawdown (10Y) Largest decline over 10 years	-48.39%	-73.09%	+24.70%
Current Drawdown Current decline from peak	-5.27%	-37.30%	+32.03%
Average Drawdown Average peak-to-trough decline	-10.36%	-32.02%	+21.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.76%	5.73%	-2.97%

Volatility

VIDI vs. IPOS - Volatility Comparison

The current volatility for Vident International Equity Fund (VIDI) is 6.99%, while Renaissance International IPO ETF (IPOS) has a volatility of 15.82%. This indicates that VIDI experiences smaller price fluctuations and is considered to be less risky than IPOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VIDI	IPOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.99%	15.82%	-8.83%
Volatility (6M) Calculated over the trailing 6-month period	13.48%	29.94%	-16.46%
Volatility (1Y) Calculated over the trailing 1-year period	15.66%	32.48%	-16.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.15%	27.94%	-11.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.95%	24.40%	-6.45%

VIDI vs. IPOS - Expense Ratio Comparison

VIDI has a 0.59% expense ratio, which is lower than IPOS's 0.80% expense ratio.

Dividends

VIDI vs. IPOS - Dividend Comparison

VIDI's dividend yield for the trailing twelve months is around 3.98%, more than IPOS's 0.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IPOS Renaissance International IPO ETF	0.32%	1.04%	0.93%	0.33%	0.00%	0.00%	0.25%	0.89%	1.12%	0.87%	1.73%	1.08%
VIDI Vident International Equity Fund	3.98%	4.26%	4.93%	4.14%	5.85%	4.62%	2.51%	3.35%	2.80%	2.21%	1.92%	2.25%

Frequently Asked Questions

Can I hold both VIDI and IPOS in my portfolio?

VIDI and IPOS have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VIDI or IPOS?

IPOS has higher volatility (15.82%) compared to VIDI (6.99%). In terms of maximum drawdown, VIDI dropped -48.39% vs IPOS's -73.09%.

Which ETF is better, VIDI or IPOS?

On 10-year performance, VIDI leads with 11.08% vs 4.03% for IPOS. On fees, VIDI is cheaper at 0.59% per year. On volatility, VIDI has been the lower-risk option at 6.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VIDI or IPOS?

Over the 10-year period, VIDI has performed better with a 11.08% return vs 4.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VIDI or IPOS?

VIDI is cheaper with a 0.59% expense ratio, compared with 0.80% for IPOS.

Which ETF pays a higher dividend yield, VIDI or IPOS?

VIDI has the higher dividend yield at 3.98%, compared with 0.32% for IPOS.

What is the main difference between VIDI and IPOS?

VIDI tracks Vident International Equity Index, while IPOS tracks Renaissance International IPO Index. They also come from different issuers: Vident and Renaissance Capital. Their fees differ too: 0.59% for VIDI and 0.80% for IPOS.

Which has better risk-adjusted returns?

VIDI currently has the higher Sharpe Ratio (2.52 vs 2.23), 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.