VTSAX vs. VENAX

Last updated Aug 2, 2026

VTSAX (Vanguard Total Stock Market Index Fund Admiral Shares) and VENAX (Vanguard Energy Index Fund Admiral Shares) are both mutual funds - VTSAX is a Large Cap Blend Equities fund managed by Vanguard, while VENAX is a Energy Equities fund managed by Vanguard. Over the past 10 years, VTSAX returned 14.47%/yr vs 10.01%/yr for VENAX. Their 0.60 correlation means they have sometimes moved together and sometimes differently. VTSAX charges 0.04%/yr vs 0.10%/yr for VENAX.

Performance

VTSAX vs. VENAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) and Vanguard Energy Index Fund Admiral Shares (VENAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VTSAX achieves a 9.87% return, which is significantly lower than VENAX's 33.62% return. Over the past 10 years, VTSAX has outperformed VENAX with an annualized return of 14.47%, while VENAX has yielded a comparatively lower 10.01% annualized return.

VTSAX

• 1D: 1.63%
• 1M: -0.77%
• 6M: 8.16%
• YTD: 9.87%
• 1Y: 21.10%
• 3Y*: 18.58%
• 5Y*: 11.61%
• 10Y*: 14.47%
• ALL TIME*: 9.00%

VENAX

• 1D: 0.72%
• 1M: 10.41%
• 6M: 17.04%
• YTD: 33.62%
• 1Y: 42.35%
• 3Y*: 14.21%
• 5Y*: 23.30%
• 10Y*: 10.01%
• ALL TIME*: 8.26%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
VENAX Vanguard Energy Index Fund Admiral Shares	$0.00	$0.00	$0.00
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares	$0.00	$0.00	$0.00

VTSAX vs. VENAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares	9.87%	17.12%	23.23%	26.51%	-19.52%	25.72%	20.98%	30.79%	-5.18%	21.16%
VENAX Vanguard Energy Index Fund Admiral Shares	33.62%	7.29%	6.57%	0.05%	62.94%	55.57%	-33.27%	9.36%	-19.90%	-2.39%

Correlation

The correlation between VTSAX and VENAX is -0.11, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.11
Correlation (3Y) Balances recent behavior with more history.	0.18
Correlation (5Y) Shows whether the relationship held over a longer period.	0.31
Correlation (10Y) Provides a long-term view across more market conditions.	0.45
Correlation (All Time) Calculated using the full available price history since Sep 29, 2004	0.60

The correlation between VTSAX and VENAX shifts across timeframes, from -0.11 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.

VTSAX vs. VENAX - Sectors Allocation Comparison

Sectors	VTSAX	VENAX
Technology	36.1%	-
Financial Services	11.8%	-
Industrials	10.2%	0.3%
Healthcare	9.7%	-
Consumer Cyclical	9.4%	-
Communication Services	9.1%	-
Consumer Defensive	4.3%	-
Energy	3.2%	76.9%
Real Estate	2.3%	-
Utilities	2.2%	0.1%
Basic Materials	1.9%	0.4%

Return for Risk

VTSAX vs. VENAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VTSAX

VTSAX Risk / Return Rank: 64
VTSAX Sharpe Ratio Rank: 61
VTSAX Sortino Ratio Rank: 58
VTSAX Omega Ratio Rank: 58
VTSAX Calmar Ratio Rank: 67
VTSAX Martin Ratio Rank: 78

VENAX

VENAX Risk / Return Rank: 72
VENAX Sharpe Ratio Rank: 80
VENAX Sortino Ratio Rank: 73
VENAX Omega Ratio Rank: 71
VENAX Calmar Ratio Rank: 80
VENAX Martin Ratio Rank: 53

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VTSAX vs. VENAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) and Vanguard Energy Index Fund Admiral Shares (VENAX). 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.

	VTSAX	VENAX	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.87	-0.44
Sortino ratio: Return per unit of downside risk	2.00	2.43	-0.43
Omega ratio: Gain probability vs. loss probability	1.25	1.30	-0.05
Calmar ratio: Return relative to maximum drawdown	2.10	2.60	-0.50
Martin ratio: Return relative to average drawdown	9.09	6.99	+2.10

VTSAX vs. VENAX - Sharpe Ratio Comparison

The current VTSAX Sharpe Ratio is 1.43, which is comparable to the VENAX Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of VTSAX and VENAX, 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

VTSAX vs. VENAX - Drawdown Comparison

The maximum VTSAX drawdown since its inception was -55.33%, smaller than the maximum VENAX drawdown of -74.42%. Use the drawdown chart below to compare losses from any high point for VTSAX and VENAX.

Drawdown Indicators

	VTSAX	VENAX	Difference
Max Drawdown Largest peak-to-trough decline	-55.33%	-74.42%	+19.09%
Max Drawdown (1Y) Largest decline over 1 year	-8.92%	-15.05%	+6.13%
Max Drawdown (3Y) Largest decline over 3 years	-19.36%	-21.44%	+2.08%
Max Drawdown (5Y) Largest decline over 5 years	-25.36%	-26.59%	+1.23%
Max Drawdown (10Y) Largest decline over 10 years	-34.97%	-69.58%	+34.61%
Current Drawdown Current decline from peak	-1.88%	-5.47%	+3.59%
Average Drawdown Average peak-to-trough decline	-8.96%	-19.91%	+10.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	5.60%	-3.54%

Volatility

VTSAX vs. VENAX - Volatility Comparison

The current volatility for Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) is 3.41%, while Vanguard Energy Index Fund Admiral Shares (VENAX) has a volatility of 6.12%. This indicates that VTSAX experiences smaller price fluctuations and is considered to be less risky than VENAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VTSAX	VENAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.41%	6.12%	-2.71%
Volatility (6M) Calculated over the trailing 6-month period	10.27%	16.67%	-6.40%
Volatility (1Y) Calculated over the trailing 1-year period	13.13%	20.99%	-7.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.47%	26.17%	-8.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.41%	30.22%	-11.81%

VTSAX vs. VENAX - Expense Ratio Comparison

VTSAX has a 0.04% expense ratio, which is lower than VENAX's 0.10% 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%.

Dividends

VTSAX vs. VENAX - Dividend Comparison

VTSAX's dividend yield for the trailing twelve months is around 1.06%, less than VENAX's 2.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VENAX Vanguard Energy Index Fund Admiral Shares	2.42%	3.10%	3.24%	3.34%	3.65%	3.80%	4.76%	3.41%	3.35%	2.90%	2.31%	3.17%
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares	1.06%	1.11%	1.26%	1.42%	1.65%	1.20%	1.41%	1.76%	2.03%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both VTSAX and VENAX in my portfolio?

VTSAX and VENAX have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VTSAX or VENAX?

VENAX has higher volatility (6.12%) compared to VTSAX (3.41%). In terms of maximum drawdown, VTSAX dropped -55.33% vs VENAX's -74.42%.

Which has better risk-adjusted returns?

VENAX currently has the higher Sharpe Ratio (1.87 vs 1.43), 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.