VPKIX vs. VPL
Compare and contrast key facts about Vanguard Pacific Stock Index Fund Institutional Shares (VPKIX) and Vanguard FTSE Pacific ETF (VPL).
VPKIX is managed by Vanguard. It was launched on May 15, 2000. VPL is a passively managed fund by Vanguard that tracks the performance of the FTSE Developed Asia Pacific Index. It was launched on Mar 4, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VPKIX or VPL.
Key characteristics
| VPKIX | VPL | |
|---|---|---|
| YTD Return | 4.13% | 4.33% |
| 1Y Return | 12.18% | 11.94% |
| 3Y Return (Ann) | 0.38% | 0.40% |
| 5Y Return (Ann) | 6.13% | 6.17% |
| 10Y Return (Ann) | 5.15% | 5.15% |
| Sharpe Ratio | 0.98 | 0.92 |
| Daily Std Dev | 13.19% | 13.74% |
| Max Drawdown | -55.26% | -55.49% |
| Current Drawdown | -4.60% | -4.69% |
Correlation
The correlation between VPKIX and VPL is 0.96, 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.
Performance
VPKIX vs. VPL - Performance Comparison
The year-to-date returns for both investments are quite close, with VPKIX having a 4.13% return and VPL slightly higher at 4.33%. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: VPKIX at 5.15% and VPL at 5.15%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VPKIX vs. VPL - Expense Ratio Comparison
Both VPKIX and VPL have an expense ratio of 0.08%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VPKIX vs. VPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Pacific Stock Index Fund Institutional Shares (VPKIX) and Vanguard FTSE Pacific ETF (VPL). 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.
Dividends
VPKIX vs. VPL - Dividend Comparison
VPKIX's dividend yield for the trailing twelve months is around 3.19%, which matches VPL's 3.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VPKIX Vanguard Pacific Stock Index Fund Institutional Shares | 3.19% | 3.11% | 2.74% | 3.17% | 1.81% | 2.85% | 3.05% | 2.60% | 2.67% | 2.45% | 2.73% | 2.53% |
VPL Vanguard FTSE Pacific ETF | 3.19% | 3.12% | 2.75% | 3.19% | 1.81% | 2.84% | 3.06% | 2.57% | 2.65% | 2.43% | 2.69% | 2.49% |
Drawdowns
VPKIX vs. VPL - Drawdown Comparison
The maximum VPKIX drawdown since its inception was -55.26%, roughly equal to the maximum VPL drawdown of -55.49%. Use the drawdown chart below to compare losses from any high point for VPKIX and VPL. For additional features, visit the drawdowns tool.
Volatility
VPKIX vs. VPL - Volatility Comparison
Vanguard Pacific Stock Index Fund Institutional Shares (VPKIX) has a higher volatility of 4.17% compared to Vanguard FTSE Pacific ETF (VPL) at 3.86%. This indicates that VPKIX's price experiences larger fluctuations and is considered to be riskier than VPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.