VIGI vs. VIHAX

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard International Dividend Appreciation ETF (VIGI) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX).

VIGI is a passively managed fund by Vanguard that tracks the performance of the NASDAQ International DividendAchieversSelect Index. It was launched on Feb 25, 2016. VIHAX is managed by Vanguard. It was launched on Mar 2, 2016.

Performance

VIGI vs. VIHAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard International Dividend Appreciation ETF (VIGI) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX). The values are adjusted to include any dividend payments, if applicable.

VIGI vs. VIHAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VIGI Vanguard International Dividend Appreciation ETF	-1.38%	16.88%	2.73%	16.30%	-16.79%	12.51%	14.66%	27.53%	-11.50%	27.97%
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares	5.44%	38.01%	6.96%	16.81%	-6.88%	15.01%	-0.73%	20.03%	-12.38%	22.40%

Returns By Period

In the year-to-date period, VIGI achieves a -1.38% return, which is significantly lower than VIHAX's 5.44% return. Over the past 10 years, VIGI has underperformed VIHAX with an annualized return of 7.81%, while VIHAX has yielded a comparatively higher 10.41% annualized return.

VIGI

• 1D: 1.30%
• 1M: -4.63%
• YTD: -1.38%
• 6M: 0.59%
• 1Y: 10.50%
• 3Y*: 9.01%
• 5Y*: 4.56%
• 10Y*: 7.81%

VIHAX

• 1D: 2.29%
• 1M: -4.98%
• YTD: 5.44%
• 6M: 12.61%
• 1Y: 32.56%
• 3Y*: 20.30%
• 5Y*: 12.43%
• 10Y*: 10.41%

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

VIGI vs. VIHAX - Expense Ratio Comparison

VIGI has a 0.15% expense ratio, which is lower than VIHAX's 0.22% 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%.

VIHAX

Vanguard International High Dividend Yield Index Fund Admiral Shares

VIGI

Vanguard International Dividend Appreciation ETF

Return for Risk

VIGI vs. VIHAX — Risk / Return Rank

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

VIGI

VIGI Risk / Return Rank: 35
VIGI Sharpe Ratio Rank: 34
VIGI Sortino Ratio Rank: 34
VIGI Omega Ratio Rank: 32
VIGI Calmar Ratio Rank: 37
VIGI Martin Ratio Rank: 39

VIHAX

VIHAX Risk / Return Rank: 94
VIHAX Sharpe Ratio Rank: 95
VIHAX Sortino Ratio Rank: 94
VIHAX Omega Ratio Rank: 94
VIHAX Calmar Ratio Rank: 93
VIHAX Martin Ratio Rank: 94

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.

VIGI vs. VIHAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard International Dividend Appreciation ETF (VIGI) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX). 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.

	VIGI	VIHAX	Difference
Sharpe ratio Return per unit of total volatility	0.68	2.32	-1.65
Sortino ratio Return per unit of downside risk	1.04	2.96	-1.92
Omega ratio Gain probability vs. loss probability	1.14	1.47	-0.34
Calmar ratio Return relative to maximum drawdown	0.99	3.01	-2.03
Martin ratio Return relative to average drawdown	3.69	12.38	-8.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VIGI vs. VIHAX - Sharpe Ratio Comparison

The current VIGI Sharpe Ratio is 0.68, which is lower than the VIHAX Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of VIGI and VIHAX, 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

	VIGI	VIHAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.68	2.32	-1.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.91	-0.60
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	0.66	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.66	-0.14

Correlation

The correlation between VIGI and VIHAX is 0.87, 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.

Dividends

VIGI vs. VIHAX - Dividend Comparison

VIGI's dividend yield for the trailing twelve months is around 2.23%, less than VIHAX's 3.62% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
VIGI Vanguard International Dividend Appreciation ETF	2.23%	2.14%	1.93%	1.92%	2.06%	7.02%	1.29%	1.83%	1.99%	1.75%	1.05%
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares	3.62%	3.69%	4.85%	4.58%	4.70%	4.30%	3.22%	5.63%	4.28%	3.16%	2.37%

Drawdowns

VIGI vs. VIHAX - Drawdown Comparison

The maximum VIGI drawdown since its inception was -31.01%, smaller than the maximum VIHAX drawdown of -38.80%. Use the drawdown chart below to compare losses from any high point for VIGI and VIHAX.

Drawdown Indicators

	VIGI	VIHAX	Difference
Max Drawdown Largest peak-to-trough decline	-31.01%	-38.80%	+7.79%
Max Drawdown (1Y) Largest decline over 1 year	-10.64%	-10.66%	+0.02%
Max Drawdown (5Y) Largest decline over 5 years	-28.80%	-23.92%	-4.88%
Max Drawdown (10Y) Largest decline over 10 years	-31.01%	-38.80%	+7.79%
Current Drawdown Current decline from peak	-6.29%	-6.64%	+0.35%
Average Drawdown Average peak-to-trough decline	-6.23%	-6.09%	-0.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	2.59%	+0.25%

Volatility

VIGI vs. VIHAX - Volatility Comparison

Vanguard International Dividend Appreciation ETF (VIGI) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX) have volatilities of 6.25% and 6.16%, 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.

Volatility by Period

	VIGI	VIHAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.25%	6.16%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	9.92%	9.08%	+0.84%
Volatility (1Y) Calculated over the trailing 1-year period	15.54%	14.29%	+1.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.41%	13.69%	+0.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.87%	15.92%	-0.05%