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VINEX vs. VXUS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VINEX vs. VXUS

Last updated Jun 4, 2026

VINEX (Vanguard International Explorer Fund) and VXUS (Vanguard Total International Stock ETF) are both funds - VINEX is a Foreign Small & Mid Cap Equities fund managed by Vanguard, while VXUS is a Global Equities fund tracking the FTSE Global All Cap ex US Index. Over the past 10 years, VINEX returned 6.34%/yr vs 9.76%/yr for VXUS. Their correlation of 0.90 suggests significant overlap in exposure. VINEX charges 0.40%/yr vs 0.05%/yr for VXUS.

Performance

VINEX vs. VXUS - Performance Comparison

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

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Returns By Period

In the year-to-date period, VINEX achieves a 10.34% return, which is significantly lower than VXUS's 14.25% return. Over the past 10 years, VINEX has underperformed VXUS with an annualized return of 6.34%, while VXUS has yielded a comparatively higher 9.76% annualized return.

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%

VXUS

1D
-0.99%
1M
4.68%
YTD
14.25%
6M
16.92%
1Y
32.01%
3Y*
19.30%
5Y*
8.46%
10Y*
9.76%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VINEX vs. VXUS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
VXUS
Vanguard Total International Stock ETF		14.25%32.35%5.08%15.86%-16.08%8.98%10.66%21.75%-14.43%27.46%

Correlation

The correlation between VINEX and VXUS is 0.90, 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

0.90

Correlation (3Y)
Calculated over the trailing 3-year period

0.91

Correlation (5Y)
Calculated over the trailing 5-year period

0.92

Correlation (10Y)
Calculated over the trailing 10-year period

0.91

Correlation (All Time)
Calculated using the full available price history since Jan 31, 2011

0.90

The correlation between VINEX and VXUS has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.

VINEX vs. VXUS - Sectors Allocation Comparison

Sectors
VINEX
VXUS

Industrials

23.2%
16.1%

Financial Services

14.4%
22.3%

Consumer Cyclical

11.1%
8.4%

Technology

10.9%
18.1%

Real Estate

8.5%
2.6%

Basic Materials

7.0%
7.6%

Healthcare

6.4%
7.1%

Communication Services

4.1%
4.4%

Consumer Defensive

4.1%
5.0%

Energy

2.9%
5.2%

Utilities

2.7%
3.2%

Industrials

VINEX
23.2%
VXUS
16.1%

Financial Services

VINEX
14.4%
VXUS
22.3%

Consumer Cyclical

VINEX
11.1%
VXUS
8.4%

Technology

VINEX
10.9%
VXUS
18.1%

Real Estate

VINEX
8.5%
VXUS
2.6%

Basic Materials

VINEX
7.0%
VXUS
7.6%

Healthcare

VINEX
6.4%
VXUS
7.1%

Communication Services

VINEX
4.1%
VXUS
4.4%

Consumer Defensive

VINEX
4.1%
VXUS
5.0%

Energy

VINEX
2.9%
VXUS
5.2%

Utilities

VINEX
2.7%
VXUS
3.2%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Vanguard International Explorer Fund

Vanguard Total International Stock ETF

Often compared with VINEX:
VINEX vs. VEMAXVINEX vs. VTRIXVINEX vs. VAIGXVINEX vs. VEAVINEX vs. MMS.LVINEX vs. VOOVINEX vs. VEU
Often compared with VXUS:
VXUS vs. VTIVXUS vs. VOOVXUS vs. VTVXUS vs. VEAVXUS vs. FZILXVXUS vs. VEUVXUS vs. SCHF

Return for Risk

VINEX vs. VXUS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VINEX
VINEX Risk / Return Rank: 2525
Overall Rank
VINEX Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
VINEX Sortino Ratio Rank: 2626
Sortino Ratio Rank
VINEX Omega Ratio Rank: 2626
Omega Ratio Rank
VINEX Calmar Ratio Rank: 2121
Calmar Ratio Rank
VINEX Martin Ratio Rank: 2727
Martin Ratio Rank
VXUS
VXUS Risk / Return Rank: 6060
Overall Rank
VXUS Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
VXUS Sortino Ratio Rank: 6060
Sortino Ratio Rank
VXUS Omega Ratio Rank: 6262
Omega Ratio Rank
VXUS Calmar Ratio Rank: 5656
Calmar Ratio Rank
VXUS Martin Ratio Rank: 6161
Martin Ratio Rank
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. VXUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard International Explorer Fund (VINEX) and Vanguard Total International Stock ETF (VXUS). 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.

VINEXVXUSDifference
Sharpe ratioReturn per unit of total volatility
1.44
2.12

-0.68

Sortino ratioReturn per unit of downside risk
2.10
2.90

-0.80

Omega ratioGain probability vs. loss probability

1.27

1.39

-0.12

Calmar ratioReturn relative to maximum drawdown

1.70

2.85

-1.15

Martin ratioReturn relative to average drawdown

6.53

11.14

-4.61

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. VXUS - Sharpe Ratio Comparison

The current VINEX Sharpe Ratio is 1.44, which is lower than the VXUS Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of VINEX and VXUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

VINEXVXUSDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.44

2.12

-0.68

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.20

0.53

-0.33

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.37

0.57

-0.20

Sharpe Ratio (All Time)

Calculated using the full available price history

0.49

0.39

+0.10

Drawdowns

VINEX vs. VXUS - Drawdown Comparison

The maximum VINEX drawdown since its inception was -62.16%, which is greater than VXUS's maximum drawdown of -35.97%. Use the drawdown chart below to compare losses from any high point for VINEX and VXUS.

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Drawdown Indicators

VINEXVXUSDifference

Max Drawdown

Largest peak-to-trough decline

-62.16%

-35.97%

-26.19%

Max Drawdown (1Y)

Largest decline over 1 year

-12.32%

-11.27%

-1.05%

Max Drawdown (3Y)

Largest decline over 3 years

-16.72%

-13.58%

-3.14%

Max Drawdown (5Y)

Largest decline over 5 years

-42.24%

-29.44%

-12.80%

Max Drawdown (10Y)

Largest decline over 10 years

-45.46%

-35.97%

-9.49%

Current Drawdown

Current decline from peak

-1.03%

-0.99%

-0.04%

Average Drawdown

Average peak-to-trough decline

-17.22%

-8.22%

-9.00%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.20%

2.88%

+0.32%

Volatility

VINEX vs. VXUS - Volatility Comparison

The current volatility for Vanguard International Explorer Fund (VINEX) is 4.01%, while Vanguard Total International Stock ETF (VXUS) has a volatility of 5.60%. This indicates that VINEX experiences smaller price fluctuations and is considered to be less risky than VXUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

VINEXVXUSDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.01%

5.60%

-1.59%

Volatility (6M)

Calculated over the trailing 6-month period

11.93%

13.00%

-1.07%

Volatility (1Y)

Calculated over the trailing 1-year period

14.65%

15.21%

-0.56%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.02%

16.05%

+0.97%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.22%

17.16%

+0.06%

VINEX vs. VXUS - Expense Ratio Comparison

VINEX has a 0.40% expense ratio, which is higher than VXUS's 0.05% expense ratio.

Dividends

VINEX vs. VXUS - Dividend Comparison

VINEX's dividend yield for the trailing twelve months is around 3.80%, more than VXUS's 2.66% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
VXUS
Vanguard Total International Stock ETF		2.66%3.18%3.37%3.24%3.09%3.10%2.14%3.06%3.18%2.73%2.93%2.83%

Frequently Asked Questions

VINEX and VXUS have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

VXUS has higher volatility (5.60%) compared to VINEX (4.01%). In terms of maximum drawdown, VINEX dropped -62.16% vs VXUS's -35.97%.

VXUS currently has the higher Sharpe Ratio (2.12 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.

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