VSGX vs. PATN

Last updated Jun 4, 2026

VSGX (Vanguard ESG International Stock ETF) and PATN (Pacer Nasdaq International Patent Leaders ETF) are both Foreign Large Cap Equities funds - VSGX tracks the FTSE Global All Cap ex US Choice Index. while PATN tracks the Nasdaq International Patent Leaders Index. Both are passively managed. Over the past year, VSGX returned 33.27% vs 73.81% for PATN. Their correlation of 0.91 suggests significant overlap in exposure. VSGX charges 0.12%/yr vs 0.65%/yr for PATN.

Performance

VSGX vs. PATN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard ESG International Stock ETF (VSGX) and Pacer Nasdaq International Patent Leaders ETF (PATN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VSGX achieves a 15.83% return, which is significantly lower than PATN's 41.08% return.

VSGX

• 1D: -0.94%
• 1M: 6.54%
• YTD: 15.83%
• 6M: 18.55%
• 1Y: 33.27%
• 3Y*: 19.56%
• 5Y*: 7.81%
• 10Y*: —

PATN

• 1D: 0.40%
• 1M: 17.36%
• YTD: 41.08%
• 6M: 45.45%
• 1Y: 73.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VSGX vs. PATN - Yearly Performance Comparison

	2026 (YTD)	2025	2024
VSGX Vanguard ESG International Stock ETF	15.83%	30.77%	-4.12%
PATN Pacer Nasdaq International Patent Leaders ETF	41.08%	40.01%	-1.73%

Correlation

The correlation between VSGX and PATN is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (All Time) Calculated using the full available price history since Sep 18, 2024	0.91

The correlation between VSGX and PATN has been stable across timeframes, ranging from 0.91 to 0.91 - a consistent structural relationship.

VSGX vs. PATN - Sectors Allocation Comparison

Sectors	VSGX	PATN
Financial Services	27.9%	0.8%
Technology	23.9%	41.1%
Industrials	9.8%	16.4%
Consumer Cyclical	9.5%	9.0%
Healthcare	9.4%	12.5%
Basic Materials	6.1%	2.9%
Consumer Defensive	5.1%	6.3%
Communication Services	4.5%	8.4%
Real Estate	3.2%	-
Utilities	0.7%	-
Energy	0.0%	2.1%

Return for Risk

VSGX vs. PATN — Risk / Return Rank

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

VSGX

VSGX Risk / Return Rank: 57
VSGX Sharpe Ratio Rank: 59
VSGX Sortino Ratio Rank: 58
VSGX Omega Ratio Rank: 60
VSGX Calmar Ratio Rank: 52
VSGX Martin Ratio Rank: 57

PATN

PATN Risk / Return Rank: 91
PATN Sharpe Ratio Rank: 93
PATN Sortino Ratio Rank: 91
PATN Omega Ratio Rank: 91
PATN Calmar Ratio Rank: 88
PATN Martin Ratio Rank: 90

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.

VSGX vs. PATN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard ESG International Stock ETF (VSGX) and Pacer Nasdaq International Patent Leaders ETF (PATN). 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.

	VSGX	PATN	Difference
Sharpe ratio Return per unit of total volatility	2.04	3.51	-1.46
Sortino ratio Return per unit of downside risk	2.82	4.38	-1.56
Omega ratio Gain probability vs. loss probability	1.37	1.61	-0.24
Calmar ratio Return relative to maximum drawdown	2.60	5.26	-2.66
Martin ratio Return relative to average drawdown	10.13	21.36	-11.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VSGX vs. PATN - Sharpe Ratio Comparison

The current VSGX Sharpe Ratio is 2.04, which is lower than the PATN Sharpe Ratio of 3.51. The chart below compares the historical Sharpe Ratios of VSGX and PATN, 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

	VSGX	PATN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.04	3.51	-1.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	2.30	-1.79

Drawdowns

VSGX vs. PATN - Drawdown Comparison

The maximum VSGX drawdown since its inception was -33.09%, which is greater than PATN's maximum drawdown of -16.77%. Use the drawdown chart below to compare losses from any high point for VSGX and PATN.

Drawdown Indicators

	VSGX	PATN	Difference
Max Drawdown Largest peak-to-trough decline	-33.09%	-16.77%	-16.32%
Max Drawdown (1Y) Largest decline over 1 year	-12.84%	-14.40%	+1.56%
Max Drawdown (3Y) Largest decline over 3 years	-13.83%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.14%	—	—
Current Drawdown Current decline from peak	-0.94%	0.00%	-0.94%
Average Drawdown Average peak-to-trough decline	-7.78%	-3.16%	-4.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.29%	3.55%	-0.26%

Volatility

VSGX vs. PATN - Volatility Comparison

The current volatility for Vanguard ESG International Stock ETF (VSGX) is 6.06%, while Pacer Nasdaq International Patent Leaders ETF (PATN) has a volatility of 8.78%. This indicates that VSGX experiences smaller price fluctuations and is considered to be less risky than PATN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VSGX	PATN	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.06%	8.78%	-2.72%
Volatility (6M) Calculated over the trailing 6-month period	14.12%	18.15%	-4.03%
Volatility (1Y) Calculated over the trailing 1-year period	16.38%	21.18%	-4.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.31%	20.87%	-4.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.05%	20.87%	-2.82%

VSGX vs. PATN - Expense Ratio Comparison

VSGX has a 0.12% expense ratio, which is lower than PATN's 0.65% expense ratio.

Dividends

VSGX vs. PATN - Dividend Comparison

VSGX's dividend yield for the trailing twelve months is around 2.85%, more than PATN's 1.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
PATN Pacer Nasdaq International Patent Leaders ETF	1.59%	2.25%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VSGX Vanguard ESG International Stock ETF	2.85%	3.23%	3.10%	2.77%	2.61%	2.49%	1.67%	2.28%	0.38%

Frequently Asked Questions

Can I hold both VSGX and PATN in my portfolio?

With a correlation of 0.91, VSGX and PATN move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, VSGX or PATN?

PATN has higher volatility (8.78%) compared to VSGX (6.06%). In terms of maximum drawdown, VSGX dropped -33.09% vs PATN's -16.77%.

Which ETF is better, VSGX or PATN?

On 1-year performance, PATN leads with 73.81% vs 33.27% for VSGX. On fees, VSGX is cheaper at 0.12% per year. On volatility, VSGX has been the lower-risk option at 6.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VSGX or PATN?

Over the 1-year period, PATN has performed better with a 73.81% return vs 33.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VSGX or PATN?

VSGX is cheaper with a 0.12% expense ratio, compared with 0.65% for PATN.

Which ETF pays a higher dividend yield, VSGX or PATN?

VSGX has the higher dividend yield at 2.85%, compared with 1.59% for PATN.

What is the main difference between VSGX and PATN?

VSGX tracks FTSE Global All Cap ex US Choice Index., while PATN tracks Nasdaq International Patent Leaders Index. They also come from different issuers: Vanguard and Pacer. Their fees differ too: 0.12% for VSGX and 0.65% for PATN.

Which has better risk-adjusted returns?

PATN currently has the higher Sharpe Ratio (3.51 vs 2.04), 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.