PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
VIS vs. EXI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VIS vs. EXI

Last updated Aug 2, 2026
Documentation

VIS (Vanguard Industrials ETF) and EXI (iShares Global Industrials ETF) are both Industrials Equities funds - VIS tracks the MSCI US Investable Market Industrials 25/50 Index while EXI tracks the S&P Global 1200 / Industrials -SEC. Both are passively managed. Over the past 10 years, VIS returned 13.86%/yr vs 12.52%/yr for EXI. Their correlation of 0.92 means they have usually moved in the same direction. VIS charges 0.09%/yr vs 0.43%/yr for EXI.

Performance

VIS vs. EXI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Industrials ETF (VIS) and iShares Global Industrials ETF (EXI). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, VIS achieves a 15.98% return, which is significantly higher than EXI's 13.74% return. Over the past 10 years, VIS has outperformed EXI with an annualized return of 13.86%, while EXI has yielded a comparatively lower 12.52% annualized return.

VIS

1D
0.72%
1M
-3.01%
6M
8.07%
YTD
15.98%
1Y
21.89%
3Y*
18.87%
5Y*
13.25%
10Y*
13.86%
ALL TIME*
11.05%

EXI

1D
0.52%
1M
-1.08%
6M
6.20%
YTD
13.74%
1Y
21.21%
3Y*
18.99%
5Y*
12.03%
10Y*
12.52%
ALL TIME*
8.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

EXI

iShares Global Industrials ETF
$7.80M$7.11M$10.88M

VIS

Vanguard Industrials ETF
$22.93M$23.95M$29.49M

VIS vs. EXI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VIS
Vanguard Industrials ETF		15.98%18.57%16.85%22.50%-8.57%20.80%12.34%30.09%-14.01%21.47%
EXI
iShares Global Industrials ETF		13.74%25.88%12.47%22.04%-12.36%17.37%11.33%27.13%-14.41%25.16%

Correlation

The correlation between VIS and EXI is 0.92, meaning they have usually moved in the same direction, including during past declines.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.92

Correlation (3Y)
Balances recent behavior with more history.

0.92

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.93

Correlation (10Y)
Provides a long-term view across more market conditions.

0.93

Correlation (All Time)
Calculated using the full available price history since Sep 27, 2006

0.92

The correlation between VIS and EXI has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.

VIS vs. EXI - Sectors Allocation Comparison

Sectors
VIS
EXI

Industrials

93.2%
94.4%

Technology

5.5%
4.1%

Consumer Cyclical

0.9%
0.2%

Energy

0.5%

-

Basic Materials

0.2%
0.1%

Financial Services

0.2%
0.1%

Utilities

0.1%
2.6%

Real Estate

0.0%

-

Healthcare

0.0%

-

Communication Services

0.0%
1.0%

Consumer Defensive

-

0.1%

Industrials

VIS
93.2%
EXI
94.4%

Technology

VIS
5.5%
EXI
4.1%

Consumer Cyclical

VIS
0.9%
EXI
0.2%

Energy

VIS
0.5%
EXI

-

Basic Materials

VIS
0.2%
EXI
0.1%

Financial Services

VIS
0.2%
EXI
0.1%

Utilities

VIS
0.1%
EXI
2.6%

Real Estate

VIS
0.0%
EXI

-

Healthcare

VIS
0.0%
EXI

-

Communication Services

VIS
0.0%
EXI
1.0%

Consumer Defensive

VIS

-

EXI
0.1%

Compare stocks, funds, or ETFs

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

Vanguard Industrials ETF

iShares Global Industrials ETF

Often compared with VIS:
VIS vs. XLIVIS vs. VOOVIS vs. FIDUVIS vs. VGTVIS vs. VINAXVIS vs. IYJVIS vs. PRN
Often compared with EXI:
EXI vs. XLIEXI vs. FIDUEXI vs. IYJEXI vs. PSCCEXI vs. KXIEXI vs. SPYEXI vs. IEFA

Return for Risk

VIS vs. EXI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
VIS
VIS Risk / Return Rank: 4646
Overall Rank
VIS Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
VIS Sortino Ratio Rank: 4545
Sortino Ratio Rank
VIS Omega Ratio Rank: 4242
Omega Ratio Rank
VIS Calmar Ratio Rank: 4646
Calmar Ratio Rank
VIS Martin Ratio Rank: 5555
Martin Ratio Rank
EXI
EXI Risk / Return Rank: 4848
Overall Rank
EXI Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
EXI Sortino Ratio Rank: 4848
Sortino Ratio Rank
EXI Omega Ratio Rank: 4747
Omega Ratio Rank
EXI Calmar Ratio Rank: 4545
Calmar Ratio Rank
EXI Martin Ratio Rank: 5353
Martin Ratio Rank
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.

VIS vs. EXI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Industrials ETF (VIS) and iShares Global Industrials ETF (EXI). 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.

VISEXIDifference
Sharpe ratioReturn per unit of total volatility
1.12
1.16

-0.05

Sortino ratioReturn per unit of downside risk
1.63
1.72

-0.09

Omega ratioGain probability vs. loss probability

1.20

1.21

-0.02

Calmar ratioReturn relative to maximum drawdown

1.63

1.60

+0.03

Martin ratioReturn relative to average drawdown

6.48

6.21

+0.27

VIS vs. EXI - Sharpe Ratio Comparison

The current VIS Sharpe Ratio is 1.12, which is comparable to the EXI Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of VIS and EXI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

VIS vs. EXI - Drawdown Comparison

The maximum VIS drawdown since its inception was -63.51%, roughly equal to the maximum EXI drawdown of -62.60%. Use the drawdown chart below to compare losses from any high point for VIS and EXI.

Loading charts...

Drawdown Indicators

VISEXIDifference

Max Drawdown

Largest peak-to-trough decline

-63.51%

-62.60%

-0.91%

Max Drawdown (1Y)

Largest decline over 1 year

-12.29%

-12.35%

+0.06%

Max Drawdown (3Y)

Largest decline over 3 years

-20.80%

-14.38%

-6.42%

Max Drawdown (5Y)

Largest decline over 5 years

-22.96%

-27.23%

+4.27%

Max Drawdown (10Y)

Largest decline over 10 years

-42.42%

-39.56%

-2.86%

Current Drawdown

Current decline from peak

-4.42%

-2.36%

-2.06%

Average Drawdown

Average peak-to-trough decline

-8.33%

-9.90%

+1.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.09%

3.19%

-0.10%

Volatility

VIS vs. EXI - Volatility Comparison

Vanguard Industrials ETF (VIS) and iShares Global Industrials ETF (EXI) have volatilities of 5.07% and 4.87%, 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.

Loading charts...

Volatility by Period

VISEXIDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.07%

4.87%

+0.20%

Volatility (6M)

Calculated over the trailing 6-month period

14.66%

14.50%

+0.16%

Volatility (1Y)

Calculated over the trailing 1-year period

17.97%

17.01%

+0.96%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.55%

17.17%

+1.38%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.48%

18.36%

+2.12%

VIS vs. EXI - Expense Ratio Comparison

VIS has a 0.09% expense ratio, which is lower than EXI's 0.43% expense ratio.

Dividends

VIS vs. EXI - Dividend Comparison

VIS's dividend yield for the trailing twelve months is around 0.90%, less than EXI's 1.07% yield.

PositionTTM20252024202320222021202020192018201720162015
EXI
iShares Global Industrials ETF		1.07%1.32%1.47%1.84%1.63%1.42%1.26%1.72%2.21%1.48%1.75%1.95%
VIS
Vanguard Industrials ETF		0.90%1.01%1.23%1.36%1.52%1.11%1.38%1.68%1.90%1.60%1.81%1.94%

Frequently Asked Questions

With a correlation of 0.92, VIS and EXI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

VIS has higher volatility (5.07%) compared to EXI (4.87%). In terms of maximum drawdown, VIS dropped -63.51% vs EXI's -62.60%.

On 10-year performance, VIS leads with 13.86% vs 12.52% for EXI. On fees, VIS is cheaper at 0.09% per year. On volatility, EXI has been the lower-risk option at 4.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, VIS has performed better with a 13.86% return vs 12.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

VIS is cheaper with a 0.09% expense ratio, compared with 0.43% for EXI.

EXI has the higher dividend yield at 1.07%, compared with 0.90% for VIS.

VIS tracks MSCI US Investable Market Industrials 25/50 Index, while EXI tracks S&P Global 1200 / Industrials -SEC. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.09% for VIS and 0.43% for EXI.

EXI currently has the higher Sharpe Ratio (1.16 vs 1.12), 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.

Portfolio Optimizer

Find the right allocation for VIS and EXI

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer