VTPSX vs. VESIX

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard Total International Stock Index Fund Institutional Plus Shares (VTPSX) and Vanguard European Stock Index Fund Institutional Shares (VESIX).

VTPSX is managed by Vanguard. It was launched on Nov 30, 2010. VESIX is managed by Vanguard. It was launched on May 15, 2000.

Performance

VTPSX vs. VESIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total International Stock Index Fund Institutional Plus Shares (VTPSX) and Vanguard European Stock Index Fund Institutional Shares (VESIX). The values are adjusted to include any dividend payments, if applicable.

VTPSX vs. VESIX - 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%
VESIX Vanguard European Stock Index Fund Institutional Shares	-1.00%	35.43%	2.02%	20.03%	-16.07%	16.31%	6.46%	24.24%	-14.78%	27.05%

Returns By Period

In the year-to-date period, VTPSX achieves a 1.75% return, which is significantly higher than VESIX's -1.00% return. Both investments have delivered pretty close results over the past 10 years, with VTPSX having a 8.85% annualized return and VESIX not far ahead at 8.93%.

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%

VESIX

• 1D: 2.98%
• 1M: -6.28%
• YTD: -1.00%
• 6M: 3.47%
• 1Y: 20.82%
• 3Y*: 14.28%
• 5Y*: 8.70%
• 10Y*: 8.93%

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

VTPSX vs. VESIX - Expense Ratio Comparison

VTPSX has a 0.07% expense ratio, which is lower than VESIX's 0.08% 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%.

VESIX

Vanguard European Stock Index Fund Institutional Shares

VTPSX

Vanguard Total International Stock Index Fund Institutional Plus Shares

Return for Risk

VTPSX vs. VESIX — Risk / Return Rank

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

VTPSX

VTPSX Risk / Return Rank: 86
VTPSX Sharpe Ratio Rank: 87
VTPSX Sortino Ratio Rank: 86
VTPSX Omega Ratio Rank: 84
VTPSX Calmar Ratio Rank: 88
VTPSX Martin Ratio Rank: 87

VESIX

VESIX Risk / Return Rank: 64
VESIX Sharpe Ratio Rank: 67
VESIX Sortino Ratio Rank: 65
VESIX Omega Ratio Rank: 62
VESIX Calmar Ratio Rank: 66
VESIX Martin Ratio Rank: 62

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.

VTPSX vs. VESIX - 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 Vanguard European Stock Index Fund Institutional Shares (VESIX). 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	VESIX	Difference
Sharpe ratio Return per unit of total volatility	1.76	1.26	+0.51
Sortino ratio Return per unit of downside risk	2.33	1.73	+0.60
Omega ratio Gain probability vs. loss probability	1.35	1.25	+0.10
Calmar ratio Return relative to maximum drawdown	2.35	1.65	+0.70
Martin ratio Return relative to average drawdown	9.23	6.31	+2.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VTPSX vs. VESIX - Sharpe Ratio Comparison

The current VTPSX Sharpe Ratio is 1.76, which is higher than the VESIX Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of VTPSX and VESIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VTPSX	VESIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.76	1.26	+0.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.51	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	0.49	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.25	+0.15

Correlation

The correlation between VTPSX and VESIX is 0.94, 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. VESIX - Dividend Comparison

VTPSX's dividend yield for the trailing twelve months is around 2.99%, which matches VESIX's 3.01% 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%
VESIX Vanguard European Stock Index Fund Institutional Shares	3.01%	2.86%	3.60%	3.15%	3.25%	3.04%	2.10%	3.28%	3.95%	2.72%	3.54%	3.27%

Drawdowns

VTPSX vs. VESIX - Drawdown Comparison

The maximum VTPSX drawdown since its inception was -35.77%, smaller than the maximum VESIX drawdown of -63.25%. Use the drawdown chart below to compare losses from any high point for VTPSX and VESIX.

Drawdown Indicators

	VTPSX	VESIX	Difference
Max Drawdown Largest peak-to-trough decline	-35.77%	-63.25%	+27.48%
Max Drawdown (1Y) Largest decline over 1 year	-11.29%	-11.96%	+0.67%
Max Drawdown (5Y) Largest decline over 5 years	-29.54%	-32.68%	+3.14%
Max Drawdown (10Y) Largest decline over 10 years	-35.77%	-36.85%	+1.08%
Current Drawdown Current decline from peak	-8.80%	-8.61%	-0.19%
Average Drawdown Average peak-to-trough decline	-8.11%	-15.30%	+7.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	3.13%	-0.25%

Volatility

VTPSX vs. VESIX - Volatility Comparison

Vanguard Total International Stock Index Fund Institutional Plus Shares (VTPSX) and Vanguard European Stock Index Fund Institutional Shares (VESIX) have volatilities of 7.48% and 7.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VTPSX	VESIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.48%	7.49%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	10.82%	10.99%	-0.17%
Volatility (1Y) Calculated over the trailing 1-year period	15.72%	16.93%	-1.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.84%	17.20%	-2.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.85%	18.15%	-2.30%