VPKIX vs. VENAX
VPKIX (Vanguard Pacific Stock Index Fund Institutional Shares) and VENAX (Vanguard Energy Index Fund Admiral Shares) are both mutual funds - VPKIX is a Asia Pacific Equities fund managed by Vanguard, while VENAX is a Energy Equities fund managed by Vanguard. Over the past 10 years, VPKIX returned 10.86%/yr vs 9.50%/yr for VENAX. A 0.52 correlation means they provide meaningful diversification when combined. VPKIX charges 0.08%/yr vs 0.10%/yr for VENAX.
Performance
VPKIX vs. VENAX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with VPKIX having a 30.38% return and VENAX slightly higher at 30.74%. Over the past 10 years, VPKIX has outperformed VENAX with an annualized return of 10.86%, while VENAX has yielded a comparatively lower 9.50% annualized return.
VPKIX
- 1D
- -0.22%
- 1M
- 9.82%
- YTD
- 30.38%
- 6M
- 33.47%
- 1Y
- 54.12%
- 3Y*
- 23.38%
- 5Y*
- 10.61%
- 10Y*
- 10.86%
VENAX
- 1D
- 1.15%
- 1M
- -3.23%
- YTD
- 30.74%
- 6M
- 27.90%
- 1Y
- 43.96%
- 3Y*
- 17.52%
- 5Y*
- 20.23%
- 10Y*
- 9.50%
VPKIX vs. VENAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VPKIX Vanguard Pacific Stock Index Fund Institutional Shares | 30.38% | 33.12% | 1.29% | 15.58% | -15.20% | 1.47% | 16.54% | 17.61% | -13.87% | 28.55% |
VENAX Vanguard Energy Index Fund Admiral Shares | 30.74% | 7.29% | 6.57% | 0.05% | 62.94% | 55.57% | -33.27% | 9.36% | -19.90% | -2.39% |
Correlation
The correlation between VPKIX and VENAX is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2004 | 0.52 |
Over the past year, the correlation between VPKIX and VENAX has dropped to 0.03 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.
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Return for Risk
VPKIX vs. VENAX — Risk / Return Rank
VPKIX
VENAX
VPKIX vs. VENAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Pacific Stock Index Fund Institutional Shares (VPKIX) and Vanguard Energy Index Fund Admiral Shares (VENAX). 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.
| VPKIX | VENAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.36 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.97 | 3.91 | +0.06 |
| Martin ratioReturn relative to average drawdown | 15.35 | 11.54 | +3.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VPKIX | VENAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.88 | 2.26 | +0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.77 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.32 | +0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.27 | +0.01 |
Drawdowns
VPKIX vs. VENAX - Drawdown Comparison
The maximum VPKIX drawdown since its inception was -55.26%, smaller than the maximum VENAX drawdown of -74.42%. Use the drawdown chart below to compare losses from any high point for VPKIX and VENAX.
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Drawdown Indicators
| VPKIX | VENAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.26% | -74.42% | +19.16% |
Max Drawdown (1Y)Largest decline over 1 year | -13.40% | -11.79% | -1.61% |
Max Drawdown (3Y)Largest decline over 3 years | -16.38% | -21.44% | +5.06% |
Max Drawdown (5Y)Largest decline over 5 years | -31.12% | -26.59% | -4.53% |
Max Drawdown (10Y)Largest decline over 10 years | -33.62% | -69.58% | +35.96% |
Current DrawdownCurrent decline from peak | -0.22% | -7.50% | +7.28% |
Average DrawdownAverage peak-to-trough decline | -15.44% | -19.98% | +4.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.46% | 3.99% | -0.53% |
Volatility
VPKIX vs. VENAX - Volatility Comparison
The current volatility for Vanguard Pacific Stock Index Fund Institutional Shares (VPKIX) is 6.42%, while Vanguard Energy Index Fund Admiral Shares (VENAX) has a volatility of 7.91%. This indicates that VPKIX experiences smaller price fluctuations and is considered to be less risky than VENAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VPKIX | VENAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.42% | 7.91% | -1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 15.13% | 16.29% | -1.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.52% | 20.40% | -1.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.45% | 26.43% | -9.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.25% | 30.24% | -13.99% |
VPKIX vs. VENAX - Expense Ratio Comparison
VPKIX has a 0.08% expense ratio, which is lower than VENAX's 0.10% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VPKIX vs. VENAX - Dividend Comparison
VPKIX's dividend yield for the trailing twelve months is around 2.72%, more than VENAX's 2.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VENAX Vanguard Energy Index Fund Admiral Shares | 2.40% | 3.10% | 3.24% | 3.34% | 3.65% | 3.80% | 4.76% | 3.41% | 3.35% | 2.90% | 2.31% | 3.17% |
VPKIX Vanguard Pacific Stock Index Fund Institutional Shares | 2.72% | 4.00% | 3.15% | 3.11% | 2.74% | 3.17% | 1.81% | 2.85% | 3.05% | 2.60% | 2.67% | 2.45% |
Frequently Asked Questions
VPKIX and VENAX have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VENAX has higher volatility (7.91%) compared to VPKIX (6.42%). In terms of maximum drawdown, VPKIX dropped -55.26% vs VENAX's -74.42%.
VPKIX currently has the higher Sharpe Ratio (2.88 vs 2.26), 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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