VTPSX vs. SPY
Compare and contrast key facts about Vanguard Total International Stock Index Fund Institutional Plus Shares (VTPSX) and State Street SPDR S&P 500 ETF (SPY).
VTPSX is managed by Vanguard. It was launched on Nov 30, 2010. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Performance
VTPSX vs. SPY - Performance Comparison
Loading graphics...
VTPSX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTPSX Vanguard Total International Stock Index Fund Institutional Plus Shares | 1.75% | 32.25% | 5.39% | 15.31% | -15.99% | 8.64% | 11.29% | 21.57% | -14.40% | 27.56% |
SPY State Street SPDR S&P 500 ETF | -3.65% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
In the year-to-date period, VTPSX achieves a 1.75% return, which is significantly higher than SPY's -3.65% return. Over the past 10 years, VTPSX has underperformed SPY with an annualized return of 8.85%, while SPY has yielded a comparatively higher 14.06% annualized return.
VTPSX
- 1D
- 2.80%
- 1M
- -7.27%
- YTD
- 1.75%
- 6M
- 5.74%
- 1Y
- 27.13%
- 3Y*
- 15.31%
- 5Y*
- 7.24%
- 10Y*
- 8.85%
SPY
- 1D
- 0.75%
- 1M
- -4.28%
- YTD
- -3.65%
- 6M
- -1.42%
- 1Y
- 18.14%
- 3Y*
- 18.48%
- 5Y*
- 11.86%
- 10Y*
- 14.06%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VTPSX vs. SPY - Expense Ratio Comparison
VTPSX has a 0.07% expense ratio, which is lower than SPY's 0.09% 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%.
Return for Risk
VTPSX vs. SPY — Risk / Return Rank
VTPSX
SPY
VTPSX vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total International Stock Index Fund Institutional Plus Shares (VTPSX) and State Street SPDR S&P 500 ETF (SPY). 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.
| VTPSX | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.76 | 0.96 | +0.80 |
Sortino ratioReturn per unit of downside risk | 2.33 | 1.49 | +0.83 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.23 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 2.35 | 1.53 | +0.82 |
Martin ratioReturn relative to average drawdown | 9.23 | 7.27 | +1.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VTPSX | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.76 | 0.96 | +0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.70 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.79 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.56 | -0.17 |
Correlation
The correlation between VTPSX and SPY is 0.81, 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.
Dividends
VTPSX vs. SPY - Dividend Comparison
VTPSX's dividend yield for the trailing twelve months is around 2.99%, more than SPY's 1.13% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTPSX Vanguard Total International Stock Index Fund Institutional Plus Shares | 2.99% | 3.18% | 3.37% | 3.25% | 3.09% | 3.09% | 2.13% | 3.08% | 3.20% | 2.77% | 2.97% | 2.89% |
SPY State Street SPDR S&P 500 ETF | 1.13% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
VTPSX vs. SPY - Drawdown Comparison
The maximum VTPSX drawdown since its inception was -35.77%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VTPSX and SPY.
Loading graphics...
Drawdown Indicators
| VTPSX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.77% | -55.19% | +19.42% |
Max Drawdown (1Y)Largest decline over 1 year | -11.29% | -12.05% | +0.76% |
Max Drawdown (5Y)Largest decline over 5 years | -29.54% | -24.50% | -5.04% |
Max Drawdown (10Y)Largest decline over 10 years | -35.77% | -33.72% | -2.05% |
Current DrawdownCurrent decline from peak | -8.80% | -5.53% | -3.27% |
Average DrawdownAverage peak-to-trough decline | -8.11% | -9.09% | +0.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.88% | 2.54% | +0.34% |
Volatility
VTPSX vs. SPY - Volatility Comparison
Vanguard Total International Stock Index Fund Institutional Plus Shares (VTPSX) has a higher volatility of 7.48% compared to State Street SPDR S&P 500 ETF (SPY) at 5.35%. This indicates that VTPSX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VTPSX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.48% | 5.35% | +2.13% |
Volatility (6M)Calculated over the trailing 6-month period | 10.82% | 9.50% | +1.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.72% | 19.06% | -3.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.84% | 17.06% | -2.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.85% | 17.92% | -2.07% |