VPL vs. VIG

Last updated Jun 4, 2026

VPL (Vanguard FTSE Pacific ETF) and VIG (Vanguard Dividend Appreciation ETF) are both exchange-traded funds - VPL is a Asia Pacific Equities fund tracking the FTSE Developed Asia Pacific Index, while VIG is a Dividend fund tracking the S&P U.S. Dividend Growers Index. Both are passively managed. Over the past 10 years, VPL returned 10.84%/yr vs 13.23%/yr for VIG. A 0.73 correlation means they provide meaningful diversification when combined. VPL charges 0.08%/yr vs 0.04%/yr for VIG.

Performance

VPL vs. VIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard FTSE Pacific ETF (VPL) and Vanguard Dividend Appreciation ETF (VIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VPL achieves a 30.29% return, which is significantly higher than VIG's 7.57% return. Over the past 10 years, VPL has underperformed VIG with an annualized return of 10.84%, while VIG has yielded a comparatively higher 13.23% annualized return.

VPL

• 1D: -0.28%
• 1M: 10.45%
• YTD: 30.29%
• 6M: 33.07%
• 1Y: 53.61%
• 3Y*: 23.02%
• 5Y*: 10.36%
• 10Y*: 10.84%

VIG

• 1D: -0.19%
• 1M: 3.79%
• YTD: 7.57%
• 6M: 6.99%
• 1Y: 19.63%
• 3Y*: 16.49%
• 5Y*: 10.62%
• 10Y*: 13.23%

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

VPL vs. VIG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VPL Vanguard FTSE Pacific ETF	30.29%	32.66%	1.68%	15.58%	-15.20%	1.10%	16.65%	18.16%	-14.40%	28.85%
VIG Vanguard Dividend Appreciation ETF	7.57%	14.17%	16.99%	14.51%	-9.80%	23.76%	15.43%	29.62%	-2.08%	22.22%

Correlation

The correlation between VPL and VIG is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (10Y) Calculated over the trailing 10-year period	0.69
Correlation (All Time) Calculated using the full available price history since Apr 28, 2006	0.73

The correlation between VPL and VIG shifts across timeframes, from 0.60 (1 year) to 0.73 (all time), reflecting how their relationship changes across market environments.

VPL vs. VIG - Sectors Allocation Comparison

Sectors	VPL	VIG
Technology	22.6%	26.2%
Industrials	20.5%	11.8%
Financial Services	19.3%	20.6%
Consumer Cyclical	9.6%	4.7%
Basic Materials	7.3%	3.5%
Healthcare	5.0%	16.5%
Communication Services	4.8%	0.5%
Real Estate	4.3%	-
Consumer Defensive	3.5%	10.1%
Energy	1.6%	3.5%
Utilities	1.6%	3.2%

Return for Risk

VPL vs. VIG — Risk / Return Rank

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

VPL

VPL Risk / Return Rank: 80
VPL Sharpe Ratio Rank: 83
VPL Sortino Ratio Rank: 78
VPL Omega Ratio Rank: 81
VPL Calmar Ratio Rank: 78
VPL Martin Ratio Rank: 80

VIG

VIG Risk / Return Rank: 56
VIG Sharpe Ratio Rank: 57
VIG Sortino Ratio Rank: 60
VIG Omega Ratio Rank: 56
VIG Calmar Ratio Rank: 50
VIG Martin Ratio Rank: 56

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.

VPL vs. VIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Pacific ETF (VPL) and Vanguard Dividend Appreciation ETF (VIG). 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.

	VPL	VIG	Difference
Sharpe ratio: Return per unit of total volatility	2.76	1.97	+0.79
Sortino ratio: Return per unit of downside risk	3.60	2.88	+0.72
Omega ratio: Gain probability vs. loss probability	1.49	1.35	+0.14
Calmar ratio: Return relative to maximum drawdown	4.04	2.49	+1.55
Martin ratio: Return relative to average drawdown	15.95	10.06	+5.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VPL vs. VIG - Sharpe Ratio Comparison

The current VPL Sharpe Ratio is 2.76, which is higher than the VIG Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of VPL and VIG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VPL	VIG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.76	1.97	+0.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.75	-0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	0.83	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.60	-0.25

Drawdowns

VPL vs. VIG - Drawdown Comparison

The maximum VPL drawdown since its inception was -55.49%, which is greater than VIG's maximum drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for VPL and VIG.

Drawdown Indicators

	VPL	VIG	Difference
Max Drawdown Largest peak-to-trough decline	-55.49%	-46.81%	-8.68%
Max Drawdown (1Y) Largest decline over 1 year	-13.33%	-7.91%	-5.42%
Max Drawdown (3Y) Largest decline over 3 years	-16.35%	-14.95%	-1.40%
Max Drawdown (5Y) Largest decline over 5 years	-31.09%	-20.39%	-10.70%
Max Drawdown (10Y) Largest decline over 10 years	-33.90%	-31.72%	-2.18%
Current Drawdown Current decline from peak	-0.28%	-0.19%	-0.09%
Average Drawdown Average peak-to-trough decline	-11.63%	-5.51%	-6.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.37%	1.96%	+1.41%

Volatility

VPL vs. VIG - Volatility Comparison

Vanguard FTSE Pacific ETF (VPL) has a higher volatility of 7.32% compared to Vanguard Dividend Appreciation ETF (VIG) at 2.19%. This indicates that VPL's price experiences larger fluctuations and is considered to be riskier than VIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VPL	VIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.32%	2.19%	+5.13%
Volatility (6M) Calculated over the trailing 6-month period	16.71%	7.57%	+9.14%
Volatility (1Y) Calculated over the trailing 1-year period	19.55%	10.01%	+9.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.29%	14.23%	+3.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.29%	16.05%	+1.24%

VPL vs. VIG - Expense Ratio Comparison

VPL has a 0.08% expense ratio, which is higher than VIG's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VPL vs. VIG - Dividend Comparison

VPL's dividend yield for the trailing twelve months is around 2.73%, more than VIG's 1.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VIG Vanguard Dividend Appreciation ETF	1.47%	1.62%	1.73%	1.88%	1.96%	1.55%	1.63%	1.71%	2.08%	1.88%	2.14%	2.34%
VPL Vanguard FTSE Pacific ETF	2.73%	4.01%	3.15%	3.12%	2.75%	3.19%	1.81%	2.84%	3.06%	2.57%	2.65%	2.43%

Frequently Asked Questions

Can I hold both VPL and VIG in my portfolio?

VPL and VIG have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VPL or VIG?

VPL has higher volatility (7.32%) compared to VIG (2.19%). In terms of maximum drawdown, VPL dropped -55.49% vs VIG's -46.81%.

Which ETF is better, VPL or VIG?

On 10-year performance, VIG leads with 13.23% vs 10.84% for VPL. On fees, VIG is cheaper at 0.04% per year. On volatility, VIG has been the lower-risk option at 2.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VPL or VIG?

Over the 10-year period, VIG has performed better with a 13.23% return vs 10.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VPL or VIG?

VIG is cheaper with a 0.04% expense ratio, compared with 0.08% for VPL.

Which ETF pays a higher dividend yield, VPL or VIG?

VPL has the higher dividend yield at 2.73%, compared with 1.47% for VIG.

What is the main difference between VPL and VIG?

VPL is categorized as Asia Pacific Equities, while VIG is Dividend. VPL tracks FTSE Developed Asia Pacific Index, while VIG tracks S&P U.S. Dividend Growers Index. Their fees differ too: 0.08% for VPL and 0.04% for VIG.

Which has better risk-adjusted returns?

VPL currently has the higher Sharpe Ratio (2.76 vs 1.97), 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.