VMMSX vs. VAIGX
VMMSX (Vanguard Emerging Markets Select Stock Fund) and VAIGX (Vanguard Advice Select International Growth Fund) are both mutual funds - VMMSX is a Emerging Markets Equities fund managed by Vanguard, while VAIGX is a Foreign Large Cap Equities fund managed by Vanguard. Over the past 3 years, VMMSX returned 19.12%/yr vs 10.31%/yr for VAIGX. A 0.76 correlation means they provide meaningful diversification when combined. VMMSX charges 0.84%/yr vs 0.42%/yr for VAIGX.
Performance
VMMSX vs. VAIGX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VMMSX achieves a 17.85% return, which is significantly higher than VAIGX's -1.44% return.
VMMSX
- 1D
- 1.41%
- 1M
- 2.22%
- YTD
- 17.85%
- 6M
- 19.34%
- 1Y
- 43.08%
- 3Y*
- 19.12%
- 5Y*
- 6.83%
- 10Y*
- 10.41%
VAIGX
- 1D
- 1.97%
- 1M
- 2.61%
- YTD
- -1.44%
- 6M
- -0.75%
- 1Y
- -0.46%
- 3Y*
- 10.31%
- 5Y*
- —
- 10Y*
- —
VMMSX vs. VAIGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
VMMSX Vanguard Emerging Markets Select Stock Fund | 17.85% | 35.68% | 5.91% | 10.58% | -17.23% |
VAIGX Vanguard Advice Select International Growth Fund | -1.44% | 17.01% | 19.11% | 15.53% | -28.63% |
Correlation
The correlation between VMMSX and VAIGX is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2022 | 0.76 |
The correlation between VMMSX and VAIGX has been stable across timeframes, ranging from 0.75 to 0.76 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VMMSX vs. VAIGX — Risk / Return Rank
VMMSX
VAIGX
VMMSX vs. VAIGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Select Stock Fund (VMMSX) and Vanguard Advice Select International Growth Fund (VAIGX). 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.
| VMMSX | VAIGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.43 | ||
| Sortino ratioReturn per unit of downside risk | +2.97 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.01 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 3.14 | -0.07 | +3.21 |
| Martin ratioReturn relative to average drawdown | 11.95 | -0.15 | +12.10 |
Loading charts...
Drawdowns
VMMSX vs. VAIGX - Drawdown Comparison
The maximum VMMSX drawdown since its inception was -39.28%, smaller than the maximum VAIGX drawdown of -41.46%. Use the drawdown chart below to compare losses from any high point for VMMSX and VAIGX.
Loading charts...
Drawdown Indicators
| VMMSX | VAIGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.28% | -41.46% | +2.18% |
Max Drawdown (1Y)Largest decline over 1 year | -13.46% | -21.75% | +8.29% |
Max Drawdown (3Y)Largest decline over 3 years | -18.37% | -25.25% | +6.88% |
Max Drawdown (5Y)Largest decline over 5 years | -36.84% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.82% | — | — |
Current DrawdownCurrent decline from peak | -2.56% | -10.10% | +7.54% |
Average DrawdownAverage peak-to-trough decline | -13.37% | -14.30% | +0.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.53% | 9.57% | -6.04% |
Volatility
VMMSX vs. VAIGX - Volatility Comparison
Vanguard Emerging Markets Select Stock Fund (VMMSX) and Vanguard Advice Select International Growth Fund (VAIGX) have volatilities of 7.81% and 8.19%, 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
| VMMSX | VAIGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.81% | 8.19% | -0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 15.48% | 17.57% | -2.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.87% | 21.36% | -3.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.01% | 28.96% | -10.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.47% | 28.96% | -10.49% |
VMMSX vs. VAIGX - Expense Ratio Comparison
VMMSX has a 0.84% expense ratio, which is higher than VAIGX's 0.42% expense ratio.
Dividends
VMMSX vs. VAIGX - Dividend Comparison
VMMSX's dividend yield for the trailing twelve months is around 1.97%, less than VAIGX's 4.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VAIGX Vanguard Advice Select International Growth Fund | 4.58% | 4.52% | 0.82% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VMMSX Vanguard Emerging Markets Select Stock Fund | 1.97% | 2.32% | 3.33% | 3.05% | 3.71% | 6.80% | 1.04% | 2.04% | 2.53% | 1.54% | 1.44% | 1.87% |
Frequently Asked Questions
VMMSX and VAIGX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VAIGX has higher volatility (8.19%) compared to VMMSX (7.81%). In terms of maximum drawdown, VMMSX dropped -39.28% vs VAIGX's -41.46%.
VMMSX currently has the higher Sharpe Ratio (2.36 vs -0.07), 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.
Find the right allocation for VMMSX and VAIGX
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