VITAX vs. VTWAX

Last updated Jun 23, 2026

VITAX (Vanguard Information Technology Index Fund Admiral Shares) and VTWAX (Vanguard Total World Stock Index Fund Admiral Shares) are both mutual funds - VITAX is a Technology Equities fund tracking the MSCI US Investable Market Information Technology 25/50 Index, while VTWAX is a Global Equities fund tracking the FTSE Global All Cap Index. Both are passively managed. Over the past 5 years, VITAX returned 20.95%/yr vs 11.43%/yr for VTWAX. Their correlation of 0.86 suggests significant overlap in exposure. Both charge a 0.09% expense ratio.

Performance

VITAX vs. VTWAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Information Technology Index Fund Admiral Shares (VITAX) and Vanguard Total World Stock Index Fund Admiral Shares (VTWAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VITAX achieves a 27.68% return, which is significantly higher than VTWAX's 12.42% return.

VITAX

• 1D: 2.76%
• 1M: 3.81%
• YTD: 27.68%
• 6M: 26.41%
• 1Y: 53.53%
• 3Y*: 30.54%
• 5Y*: 20.95%
• 10Y*: 25.57%

VTWAX

• 1D: 1.21%
• 1M: 1.70%
• YTD: 12.42%
• 6M: 12.22%
• 1Y: 29.58%
• 3Y*: 19.79%
• 5Y*: 11.43%
• 10Y*: —

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

VITAX vs. VTWAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VITAX Vanguard Information Technology Index Fund Admiral Shares	27.68%	21.78%	29.26%	52.69%	-29.67%	30.36%	45.93%	33.15%
VTWAX Vanguard Total World Stock Index Fund Admiral Shares	12.42%	22.43%	16.43%	21.85%	-18.02%	18.17%	16.67%	17.53%

Correlation

The correlation between VITAX and VTWAX is 0.83, 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	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (All Time) Calculated using the full available price history since Feb 7, 2019	0.86

The correlation between VITAX and VTWAX has been stable across timeframes, ranging from 0.83 to 0.87 - a consistent structural relationship.

VITAX vs. VTWAX - Sectors Allocation Comparison

Sectors	VITAX	VTWAX
Technology	98.5%	31.1%
Communication Services	0.6%	8.0%
Financial Services	0.5%	15.2%
Energy	0.3%	3.8%
Industrials	0.3%	11.4%
Consumer Cyclical	0.1%	9.3%
Basic Materials	0.0%	4.1%
Healthcare	0.0%	7.9%
Consumer Defensive	-	4.5%
Real Estate	-	2.3%
Utilities	-	2.4%

Return for Risk

VITAX vs. VTWAX — Risk / Return Rank

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

VITAX

VITAX Risk / Return Rank: 65
VITAX Sharpe Ratio Rank: 77
VITAX Sortino Ratio Rank: 59
VITAX Omega Ratio Rank: 60
VITAX Calmar Ratio Rank: 76
VITAX Martin Ratio Rank: 52

VTWAX

VTWAX Risk / Return Rank: 68
VTWAX Sharpe Ratio Rank: 69
VTWAX Sortino Ratio Rank: 63
VTWAX Omega Ratio Rank: 64
VTWAX Calmar Ratio Rank: 68
VTWAX 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.

VITAX vs. VTWAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Information Technology Index Fund Admiral Shares (VITAX) and Vanguard Total World Stock Index Fund Admiral Shares (VTWAX). 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.

	VITAX	VTWAX	Difference
Sharpe ratio: Return per unit of total volatility	2.36	2.23	+0.14
Sortino ratio: Return per unit of downside risk	2.93	3.03	-0.10
Omega ratio: Gain probability vs. loss probability	1.39	1.40	-0.02
Calmar ratio: Return relative to maximum drawdown	3.25	3.03	+0.22
Martin ratio: Return relative to average drawdown	9.95	13.21	-3.26

VITAX vs. VTWAX - Sharpe Ratio Comparison

The current VITAX Sharpe Ratio is 2.36, which is comparable to the VTWAX Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of VITAX and VTWAX, 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

VITAX vs. VTWAX - Drawdown Comparison

The maximum VITAX drawdown since its inception was -54.81%, which is greater than VTWAX's maximum drawdown of -34.20%. Use the drawdown chart below to compare losses from any high point for VITAX and VTWAX.

Drawdown Indicators

	VITAX	VTWAX	Difference
Max Drawdown Largest peak-to-trough decline	-54.81%	-34.20%	-20.61%
Max Drawdown (1Y) Largest decline over 1 year	-16.38%	-9.64%	-6.74%
Max Drawdown (3Y) Largest decline over 3 years	-27.38%	-16.43%	-10.95%
Max Drawdown (5Y) Largest decline over 5 years	-35.10%	-26.40%	-8.70%
Max Drawdown (10Y) Largest decline over 10 years	-35.10%	—	—
Current Drawdown Current decline from peak	-4.47%	-0.64%	-3.83%
Average Drawdown Average peak-to-trough decline	-8.01%	-5.28%	-2.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.34%	2.21%	+3.13%

Volatility

VITAX vs. VTWAX - Volatility Comparison

Vanguard Information Technology Index Fund Admiral Shares (VITAX) has a higher volatility of 10.83% compared to Vanguard Total World Stock Index Fund Admiral Shares (VTWAX) at 5.27%. This indicates that VITAX's price experiences larger fluctuations and is considered to be riskier than VTWAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VITAX	VTWAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.83%	5.27%	+5.56%
Volatility (6M) Calculated over the trailing 6-month period	18.44%	10.85%	+7.59%
Volatility (1Y) Calculated over the trailing 1-year period	22.50%	13.12%	+9.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.70%	15.84%	+9.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.01%	18.23%	+6.78%

VITAX vs. VTWAX - Expense Ratio Comparison

Both VITAX and VTWAX have an expense ratio of 0.09%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

VITAX vs. VTWAX - Dividend Comparison

VITAX's dividend yield for the trailing twelve months is around 0.32%, less than VTWAX's 1.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VITAX Vanguard Information Technology Index Fund Admiral Shares	0.32%	0.40%	0.60%	0.65%	0.91%	0.63%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%
VTWAX Vanguard Total World Stock Index Fund Admiral Shares	1.55%	1.80%	1.92%	2.06%	2.17%	1.79%	1.64%	2.28%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VITAX and VTWAX in my portfolio?

VITAX and VTWAX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VITAX or VTWAX?

VITAX has higher volatility (10.83%) compared to VTWAX (5.27%). In terms of maximum drawdown, VITAX dropped -54.81% vs VTWAX's -34.20%.

Which has better risk-adjusted returns?

VITAX currently has the higher Sharpe Ratio (2.36 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.