VINEX vs. VSCGX

Last updated Jun 4, 2026

VINEX (Vanguard International Explorer Fund) and VSCGX (Vanguard LifeStrategy Conservative Growth Fund) are both mutual funds - VINEX is a Foreign Small & Mid Cap Equities fund managed by Vanguard, while VSCGX is a Diversified Portfolio fund managed by Vanguard. Over the past 10 years, VINEX returned 6.34%/yr vs 6.62%/yr for VSCGX. A 0.63 correlation means they provide meaningful diversification when combined. VINEX charges 0.40%/yr vs 0.12%/yr for VSCGX.

Performance

VINEX vs. VSCGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard International Explorer Fund (VINEX) and Vanguard LifeStrategy Conservative Growth Fund (VSCGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VINEX achieves a 10.34% return, which is significantly higher than VSCGX's 5.65% return. Both investments have delivered pretty close results over the past 10 years, with VINEX having a 6.34% annualized return and VSCGX not far ahead at 6.62%.

VINEX

• 1D: -0.05%
• 1M: 2.68%
• YTD: 10.34%
• 6M: 11.80%
• 1Y: 21.62%
• 3Y*: 14.17%
• 5Y*: 3.39%
• 10Y*: 6.34%

VSCGX

• 1D: 0.17%
• 1M: 2.69%
• YTD: 5.65%
• 6M: 5.96%
• 1Y: 14.61%
• 3Y*: 12.39%
• 5Y*: 5.61%
• 10Y*: 6.62%

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

VINEX vs. VSCGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VINEX Vanguard International Explorer Fund	10.34%	27.98%	0.11%	15.26%	-27.56%	9.52%	15.07%	21.90%	-23.02%	35.92%
VSCGX Vanguard LifeStrategy Conservative Growth Fund	5.65%	12.87%	11.65%	12.72%	-15.00%	6.04%	11.51%	15.69%	-2.95%	10.02%

Correlation

The correlation between VINEX and VSCGX is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (10Y) Calculated over the trailing 10-year period	0.82
Correlation (All Time) Calculated using the full available price history since Nov 5, 1996	0.63

Over the past year, VINEX and VSCGX have become more correlated (0.86) than their long-term average of 0.63, meaning their price movements have been converging.

VINEX vs. VSCGX - Sectors Allocation Comparison

Sectors	VINEX	VSCGX
Industrials	23.2%	12.3%
Financial Services	14.4%	16.1%
Consumer Cyclical	11.1%	9.4%
Technology	10.9%	27.4%
Real Estate	8.5%	2.5%
Basic Materials	7.0%	4.3%
Healthcare	6.4%	8.3%
Communication Services	4.1%	8.0%
Consumer Defensive	4.1%	4.8%
Energy	2.9%	4.3%
Utilities	2.7%	2.7%

Return for Risk

VINEX vs. VSCGX — Risk / Return Rank

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

VINEX

VINEX Risk / Return Rank: 25
VINEX Sharpe Ratio Rank: 25
VINEX Sortino Ratio Rank: 26
VINEX Omega Ratio Rank: 26
VINEX Calmar Ratio Rank: 21
VINEX Martin Ratio Rank: 27

VSCGX

VSCGX Risk / Return Rank: 65
VSCGX Sharpe Ratio Rank: 67
VSCGX Sortino Ratio Rank: 70
VSCGX Omega Ratio Rank: 69
VSCGX Calmar Ratio Rank: 55
VSCGX Martin Ratio Rank: 64

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.

VINEX vs. VSCGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard International Explorer Fund (VINEX) and Vanguard LifeStrategy Conservative Growth Fund (VSCGX). 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.

	VINEX	VSCGX	Difference
Sharpe ratio: Return per unit of total volatility	1.44	2.40	-0.96
Sortino ratio: Return per unit of downside risk	2.10	3.49	-1.39
Omega ratio: Gain probability vs. loss probability	1.27	1.47	-0.20
Calmar ratio: Return relative to maximum drawdown	1.70	2.85	-1.15
Martin ratio: Return relative to average drawdown	6.53	12.45	-5.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VINEX vs. VSCGX - Sharpe Ratio Comparison

The current VINEX Sharpe Ratio is 1.44, which is lower than the VSCGX Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of VINEX and VSCGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VINEX	VSCGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.44	2.40	-0.96
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	0.73	-0.53
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.90	-0.53
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.85	-0.37

Drawdowns

VINEX vs. VSCGX - Drawdown Comparison

The maximum VINEX drawdown since its inception was -62.16%, which is greater than VSCGX's maximum drawdown of -30.62%. Use the drawdown chart below to compare losses from any high point for VINEX and VSCGX.

Drawdown Indicators

	VINEX	VSCGX	Difference
Max Drawdown Largest peak-to-trough decline	-62.16%	-30.62%	-31.54%
Max Drawdown (1Y) Largest decline over 1 year	-12.32%	-5.19%	-7.13%
Max Drawdown (3Y) Largest decline over 3 years	-16.72%	-6.71%	-10.01%
Max Drawdown (5Y) Largest decline over 5 years	-42.24%	-20.15%	-22.09%
Max Drawdown (10Y) Largest decline over 10 years	-45.46%	-20.15%	-25.31%
Current Drawdown Current decline from peak	-1.03%	0.00%	-1.03%
Average Drawdown Average peak-to-trough decline	-17.22%	-3.00%	-14.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.20%	1.18%	+2.02%

Volatility

VINEX vs. VSCGX - Volatility Comparison

Vanguard International Explorer Fund (VINEX) has a higher volatility of 4.01% compared to Vanguard LifeStrategy Conservative Growth Fund (VSCGX) at 2.17%. This indicates that VINEX's price experiences larger fluctuations and is considered to be riskier than VSCGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VINEX	VSCGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.01%	2.17%	+1.84%
Volatility (6M) Calculated over the trailing 6-month period	11.93%	5.09%	+6.84%
Volatility (1Y) Calculated over the trailing 1-year period	14.65%	6.16%	+8.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.02%	7.70%	+9.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.22%	7.37%	+9.85%

VINEX vs. VSCGX - Expense Ratio Comparison

VINEX has a 0.40% expense ratio, which is higher than VSCGX's 0.12% expense ratio.

Dividends

VINEX vs. VSCGX - Dividend Comparison

VINEX's dividend yield for the trailing twelve months is around 3.80%, less than VSCGX's 5.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VINEX Vanguard International Explorer Fund	3.80%	4.19%	4.17%	2.47%	1.74%	4.80%	1.06%	2.51%	8.75%	4.22%	1.95%	5.45%
VSCGX Vanguard LifeStrategy Conservative Growth Fund	5.24%	5.50%	11.03%	5.23%	2.79%	4.18%	3.28%	2.62%	3.81%	1.65%	2.43%	3.21%

Frequently Asked Questions

Can I hold both VINEX and VSCGX in my portfolio?

VINEX and VSCGX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VINEX or VSCGX?

VINEX has higher volatility (4.01%) compared to VSCGX (2.17%). In terms of maximum drawdown, VINEX dropped -62.16% vs VSCGX's -30.62%.

Which has better risk-adjusted returns?

VSCGX currently has the higher Sharpe Ratio (2.40 vs 1.44), 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.