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VMMSX vs. VTSAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VMMSX vs. VTSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Emerging Markets Select Stock Fund (VMMSX) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX). The values are adjusted to include any dividend payments, if applicable.

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VMMSX vs. VTSAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VMMSX
Vanguard Emerging Markets Select Stock Fund
0.57%35.68%5.91%10.58%-18.15%-1.40%15.79%21.42%-12.53%32.01%
VTSAX
Vanguard Total Stock Market Index Fund Admiral Shares
-6.75%17.12%23.23%26.51%-19.52%25.72%20.98%30.79%-5.18%21.16%

Returns By Period

In the year-to-date period, VMMSX achieves a 0.57% return, which is significantly higher than VTSAX's -6.75% return. Over the past 10 years, VMMSX has underperformed VTSAX with an annualized return of 8.74%, while VTSAX has yielded a comparatively higher 13.27% annualized return.


VMMSX

1D
-1.12%
1M
-12.19%
YTD
0.57%
6M
5.25%
1Y
29.49%
3Y*
14.96%
5Y*
4.13%
10Y*
8.74%

VTSAX

1D
-0.46%
1M
-7.71%
YTD
-6.75%
6M
-4.47%
1Y
14.76%
3Y*
16.69%
5Y*
10.11%
10Y*
13.27%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VMMSX vs. VTSAX - Expense Ratio Comparison

VMMSX has a 0.84% expense ratio, which is higher than VTSAX's 0.04% expense ratio.


Return for Risk

VMMSX vs. VTSAX — Risk / Return Rank

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

VMMSX
VMMSX Risk / Return Rank: 8383
Overall Rank
VMMSX Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
VMMSX Sortino Ratio Rank: 8484
Sortino Ratio Rank
VMMSX Omega Ratio Rank: 8282
Omega Ratio Rank
VMMSX Calmar Ratio Rank: 8282
Calmar Ratio Rank
VMMSX Martin Ratio Rank: 8181
Martin Ratio Rank

VTSAX
VTSAX Risk / Return Rank: 4646
Overall Rank
VTSAX Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
VTSAX Sortino Ratio Rank: 4545
Sortino Ratio Rank
VTSAX Omega Ratio Rank: 4949
Omega Ratio Rank
VTSAX Calmar Ratio Rank: 4141
Calmar Ratio Rank
VTSAX Martin Ratio Rank: 5353
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.

VMMSX vs. VTSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Select Stock Fund (VMMSX) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX). 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.


VMMSXVTSAXDifference

Sharpe ratio

Return per unit of total volatility

1.64

0.84

+0.80

Sortino ratio

Return per unit of downside risk

2.16

1.29

+0.86

Omega ratio

Gain probability vs. loss probability

1.32

1.20

+0.13

Calmar ratio

Return relative to maximum drawdown

1.97

1.05

+0.92

Martin ratio

Return relative to average drawdown

7.99

5.08

+2.90

VMMSX vs. VTSAX - Sharpe Ratio Comparison

The current VMMSX Sharpe Ratio is 1.64, which is higher than the VTSAX Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of VMMSX and VTSAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


VMMSXVTSAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.64

0.84

+0.80

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.24

0.59

-0.35

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.48

0.72

-0.24

Sharpe Ratio (All Time)

Calculated using the full available price history

0.26

0.43

-0.17

Correlation

The correlation between VMMSX and VTSAX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

VMMSX vs. VTSAX - Dividend Comparison

VMMSX's dividend yield for the trailing twelve months is around 2.30%, more than VTSAX's 1.20% yield.


TTM20252024202320222021202020192018201720162015
VMMSX
Vanguard Emerging Markets Select Stock Fund
2.30%2.32%3.33%3.05%3.71%6.80%1.04%2.04%2.53%1.54%1.44%1.87%
VTSAX
Vanguard Total Stock Market Index Fund Admiral Shares
1.20%1.11%1.26%1.42%1.65%1.20%1.41%1.76%2.03%1.71%1.92%1.98%

Drawdowns

VMMSX vs. VTSAX - Drawdown Comparison

The maximum VMMSX drawdown since its inception was -39.28%, smaller than the maximum VTSAX drawdown of -55.33%. Use the drawdown chart below to compare losses from any high point for VMMSX and VTSAX.


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Drawdown Indicators


VMMSXVTSAXDifference

Max Drawdown

Largest peak-to-trough decline

-39.28%

-55.33%

+16.05%

Max Drawdown (1Y)

Largest decline over 1 year

-13.46%

-12.41%

-1.05%

Max Drawdown (5Y)

Largest decline over 5 years

-37.39%

-25.36%

-12.03%

Max Drawdown (10Y)

Largest decline over 10 years

-38.82%

-34.97%

-3.85%

Current Drawdown

Current decline from peak

-13.46%

-8.92%

-4.54%

Average Drawdown

Average peak-to-trough decline

-13.53%

-9.06%

-4.47%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.32%

2.56%

+0.76%

Volatility

VMMSX vs. VTSAX - Volatility Comparison

Vanguard Emerging Markets Select Stock Fund (VMMSX) has a higher volatility of 8.14% compared to Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) at 4.39%. This indicates that VMMSX's price experiences larger fluctuations and is considered to be riskier than VTSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VMMSXVTSAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.14%

4.39%

+3.75%

Volatility (6M)

Calculated over the trailing 6-month period

12.78%

9.33%

+3.45%

Volatility (1Y)

Calculated over the trailing 1-year period

17.75%

18.42%

-0.67%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.52%

17.32%

+0.20%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.27%

18.37%

-0.10%