VTIAX vs. EPU

Last updated Jun 14, 2026

VTIAX (Vanguard Total International Stock Index Fund Admiral Shares) and EPU (iShares MSCI Peru ETF) are both funds - VTIAX is a Foreign Large Cap Equities fund tracking the FTSE Global All Cap ex US Index, while EPU is a Mid Cap Blend Equities fund tracking the MSCI All Peru Capped Index. Both are passively managed. Over the past 10 years, VTIAX returned 9.95%/yr vs 15.16%/yr for EPU. A 0.62 correlation means they provide meaningful diversification when combined. VTIAX charges 0.09%/yr vs 0.59%/yr for EPU.

Performance

VTIAX vs. EPU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total International Stock Index Fund Admiral Shares (VTIAX) and iShares MSCI Peru ETF (EPU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VTIAX achieves a 12.84% return, which is significantly lower than EPU's 21.02% return. Over the past 10 years, VTIAX has underperformed EPU with an annualized return of 9.95%, while EPU has yielded a comparatively higher 15.16% annualized return.

VTIAX

• 1D: 3.14%
• 1M: 2.33%
• YTD: 12.84%
• 6M: 14.70%
• 1Y: 29.19%
• 3Y*: 18.43%
• 5Y*: 8.12%
• 10Y*: 9.95%

EPU

• 1D: 2.12%
• 1M: 9.44%
• YTD: 21.02%
• 6M: 26.87%
• 1Y: 85.51%
• 3Y*: 46.38%
• 5Y*: 28.15%
• 10Y*: 15.16%

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

VTIAX vs. EPU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VTIAX Vanguard Total International Stock Index Fund Admiral Shares	12.84%	32.18%	5.34%	15.28%	-16.02%	8.59%	11.27%	21.52%	-14.46%	27.54%
EPU iShares MSCI Peru ETF	21.02%	86.87%	21.73%	25.34%	2.05%	-11.81%	-4.31%	7.30%	-12.17%	29.70%

Correlation

The correlation between VTIAX and EPU is 0.69, 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	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (10Y) Calculated over the trailing 10-year period	0.64
Correlation (All Time) Calculated using the full available price history since Nov 29, 2010	0.62

The correlation between VTIAX and EPU has been stable across timeframes, ranging from 0.62 to 0.69 - a consistent structural relationship.

VTIAX vs. EPU - Sectors Allocation Comparison

Sectors	VTIAX	EPU
Financial Services	22.3%	27.9%
Technology	18.1%	-
Industrials	16.1%	2.6%
Consumer Cyclical	8.4%	4.1%
Basic Materials	7.6%	54.2%
Healthcare	7.1%	0.9%
Energy	5.2%	-
Consumer Defensive	5.0%	3.0%
Communication Services	4.4%	1.5%
Utilities	3.2%	2.8%
Real Estate	2.6%	3.0%

Return for Risk

VTIAX vs. EPU — Risk / Return Rank

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

VTIAX

VTIAX Risk / Return Rank: 65
VTIAX Sharpe Ratio Rank: 67
VTIAX Sortino Ratio Rank: 63
VTIAX Omega Ratio Rank: 67
VTIAX Calmar Ratio Rank: 65
VTIAX Martin Ratio Rank: 62

EPU

EPU Risk / Return Rank: 82
EPU Sharpe Ratio Rank: 91
EPU Sortino Ratio Rank: 81
EPU Omega Ratio Rank: 83
EPU Calmar Ratio Rank: 85
EPU Martin Ratio Rank: 72

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.

VTIAX vs. EPU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total International Stock Index Fund Admiral Shares (VTIAX) and iShares MSCI Peru ETF (EPU). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VTIAX	EPU	Difference
Sharpe ratio: Return per unit of total volatility	1.88	2.73	-0.86
Sortino ratio: Return per unit of downside risk	2.57	3.14	-0.58
Omega ratio: Gain probability vs. loss probability	1.35	1.43	-0.08
Calmar ratio: Return relative to maximum drawdown	2.51	4.07	-1.56
Martin ratio: Return relative to average drawdown	9.72	11.73	-2.01

VTIAX vs. EPU - Sharpe Ratio Comparison

The current VTIAX Sharpe Ratio is 1.88, which is lower than the EPU Sharpe Ratio of 2.73. The chart below compares the historical Sharpe Ratios of VTIAX and EPU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VTIAX vs. EPU - Drawdown Comparison

The maximum VTIAX drawdown since its inception was -35.83%, smaller than the maximum EPU drawdown of -60.62%. Use the drawdown chart below to compare losses from any high point for VTIAX and EPU.

Drawdown Indicators

	VTIAX	EPU	Difference
Max Drawdown Largest peak-to-trough decline	-35.83%	-60.62%	+24.79%
Max Drawdown (1Y) Largest decline over 1 year	-11.28%	-20.85%	+9.57%
Max Drawdown (3Y) Largest decline over 3 years	-13.13%	-20.85%	+7.72%
Max Drawdown (5Y) Largest decline over 5 years	-29.52%	-35.59%	+6.07%
Max Drawdown (10Y) Largest decline over 10 years	-35.83%	-50.97%	+15.14%
Current Drawdown Current decline from peak	-2.23%	-6.69%	+4.46%
Average Drawdown Average peak-to-trough decline	-8.07%	-18.81%	+10.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	7.22%	-4.31%

Volatility

VTIAX vs. EPU - Volatility Comparison

The current volatility for Vanguard Total International Stock Index Fund Admiral Shares (VTIAX) is 6.40%, while iShares MSCI Peru ETF (EPU) has a volatility of 13.52%. This indicates that VTIAX experiences smaller price fluctuations and is considered to be less risky than EPU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VTIAX	EPU	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.40%	13.52%	-7.12%
Volatility (6M) Calculated over the trailing 6-month period	12.98%	26.94%	-13.96%
Volatility (1Y) Calculated over the trailing 1-year period	15.09%	31.04%	-15.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.21%	25.11%	-9.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.97%	23.64%	-7.67%

VTIAX vs. EPU - Expense Ratio Comparison

VTIAX has a 0.09% expense ratio, which is lower than EPU's 0.59% expense ratio.

Dividends

VTIAX vs. EPU - Dividend Comparison

VTIAX's dividend yield for the trailing twelve months is around 2.66%, more than EPU's 1.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPU iShares MSCI Peru ETF	1.35%	1.63%	5.78%	4.17%	5.56%	3.13%	1.91%	2.67%	1.53%	3.30%	0.85%	1.90%
VTIAX Vanguard Total International Stock Index Fund Admiral Shares	2.66%	3.15%	3.33%	3.22%	3.04%	3.05%	2.10%	3.04%	3.16%	2.73%	2.93%	2.84%

Frequently Asked Questions

Can I hold both VTIAX and EPU in my portfolio?

VTIAX and EPU have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VTIAX or EPU?

EPU has higher volatility (13.52%) compared to VTIAX (6.40%). In terms of maximum drawdown, VTIAX dropped -35.83% vs EPU's -60.62%.

Which has better risk-adjusted returns?

EPU currently has the higher Sharpe Ratio (2.73 vs 1.88), 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.