VTSNX vs. CCRSX

Last updated Jul 16, 2026

VTSNX (Vanguard Total International Stock Index Fund Institutional Shares) and CCRSX (Credit Suisse Trust Commodity Return Strategy Portfolio) are both mutual funds - VTSNX is a Foreign Large Cap Equities fund tracking the FTSE Global All Cap ex US Index, while CCRSX is a Commodities fund managed by Credit Suisse. Over the past 10 years, VTSNX returned 9.54%/yr vs 26.10%/yr for CCRSX. At a 0.36 correlation, their price movements are largely independent. VTSNX charges 0.08%/yr vs 1.05%/yr for CCRSX.

Performance

VTSNX vs. CCRSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total International Stock Index Fund Institutional Shares (VTSNX) and Credit Suisse Trust Commodity Return Strategy Portfolio (CCRSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VTSNX achieves a 12.57% return, which is significantly lower than CCRSX's 20.29% return. Over the past 10 years, VTSNX has underperformed CCRSX with an annualized return of 9.54%, while CCRSX has yielded a comparatively higher 26.10% annualized return.

VTSNX

• 1D: 0.92%
• 1M: -2.32%
• 6M: 8.40%
• YTD: 12.57%
• 1Y: 26.54%
• 3Y*: 17.25%
• 5Y*: 8.64%
• 10Y*: 9.54%

CCRSX

• 1D: 1.76%
• 1M: -0.09%
• 6M: 15.25%
• YTD: 20.29%
• 1Y: 28.97%
• 3Y*: 11.95%
• 5Y*: 57.57%
• 10Y*: 26.10%

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

VTSNX vs. CCRSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VTSNX Vanguard Total International Stock Index Fund Institutional Shares	12.57%	32.24%	5.38%	15.29%	-15.99%	8.64%	11.27%	21.69%	-14.41%	27.54%
CCRSX Credit Suisse Trust Commodity Return Strategy Portfolio	20.29%	15.37%	4.86%	-8.88%	15.71%	667.99%	-1.49%	6.69%	-11.63%	-7.99%

Correlation

The correlation between VTSNX and CCRSX is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Jan 3, 2011	0.36

Over the past year, the correlation between VTSNX and CCRSX has dropped to 0.02 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.

Return for Risk

VTSNX vs. CCRSX — Risk / Return Rank

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

VTSNX

VTSNX Risk / Return Rank: 57
VTSNX Sharpe Ratio Rank: 58
VTSNX Sortino Ratio Rank: 52
VTSNX Omega Ratio Rank: 59
VTSNX Calmar Ratio Rank: 58
VTSNX Martin Ratio Rank: 56

CCRSX

CCRSX Risk / Return Rank: 52
CCRSX Sharpe Ratio Rank: 63
CCRSX Sortino Ratio Rank: 53
CCRSX Omega Ratio Rank: 58
CCRSX Calmar Ratio Rank: 44
CCRSX Martin Ratio Rank: 41

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.

VTSNX vs. CCRSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total International Stock Index Fund Institutional Shares (VTSNX) and Credit Suisse Trust Commodity Return Strategy Portfolio (CCRSX). 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.

	VTSNX	CCRSX	Difference
Sharpe ratio: Return per unit of total volatility	1.66	1.75	-0.08
Sortino ratio: Return per unit of downside risk	2.27	2.29	-0.03
Omega ratio: Gain probability vs. loss probability	1.31	1.31	0.00
Calmar ratio: Return relative to maximum drawdown	2.31	2.04	+0.27
Martin ratio: Return relative to average drawdown	8.77	6.94	+1.84

VTSNX vs. CCRSX - Sharpe Ratio Comparison

The current VTSNX Sharpe Ratio is 1.66, which is comparable to the CCRSX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of VTSNX and CCRSX, 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

VTSNX vs. CCRSX - Drawdown Comparison

The maximum VTSNX drawdown since its inception was -35.72%, smaller than the maximum CCRSX drawdown of -78.02%. Use the drawdown chart below to compare losses from any high point for VTSNX and CCRSX.

Drawdown Indicators

	VTSNX	CCRSX	Difference
Max Drawdown Largest peak-to-trough decline	-35.72%	-78.02%	+42.30%
Max Drawdown (1Y) Largest decline over 1 year	-11.29%	-14.30%	+3.01%
Max Drawdown (3Y) Largest decline over 3 years	-13.14%	-14.30%	+1.16%
Max Drawdown (5Y) Largest decline over 5 years	-29.50%	-25.53%	-3.97%
Max Drawdown (10Y) Largest decline over 10 years	-35.72%	-36.73%	+1.01%
Current Drawdown Current decline from peak	-2.81%	-9.35%	+6.54%
Average Drawdown Average peak-to-trough decline	-8.05%	-41.16%	+33.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	4.19%	-1.23%

Volatility

VTSNX vs. CCRSX - Volatility Comparison

Vanguard Total International Stock Index Fund Institutional Shares (VTSNX) has a higher volatility of 5.50% compared to Credit Suisse Trust Commodity Return Strategy Portfolio (CCRSX) at 4.61%. This indicates that VTSNX's price experiences larger fluctuations and is considered to be riskier than CCRSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VTSNX	CCRSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.50%	4.61%	+0.89%
Volatility (6M) Calculated over the trailing 6-month period	13.79%	14.33%	-0.54%
Volatility (1Y) Calculated over the trailing 1-year period	15.66%	16.71%	-1.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.32%	222.80%	-207.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.79%	157.72%	-141.93%

VTSNX vs. CCRSX - Expense Ratio Comparison

VTSNX has a 0.08% expense ratio, which is lower than CCRSX's 1.05% expense ratio.

Dividends

VTSNX vs. CCRSX - Dividend Comparison

VTSNX's dividend yield for the trailing twelve months is around 2.58%, less than CCRSX's 11.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCRSX Credit Suisse Trust Commodity Return Strategy Portfolio	11.53%	3.98%	2.95%	26.59%	18.97%	4.82%	5.51%	0.86%	2.91%	0.00%	0.00%	0.00%
VTSNX Vanguard Total International Stock Index Fund Institutional Shares	2.58%	3.17%	3.36%	3.24%	3.08%	3.08%	2.13%	3.16%	3.19%	2.75%	2.95%	2.86%

Frequently Asked Questions

Can I hold both VTSNX and CCRSX in my portfolio?

VTSNX and CCRSX have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VTSNX or CCRSX?

VTSNX has higher volatility (5.50%) compared to CCRSX (4.61%). In terms of maximum drawdown, VTSNX dropped -35.72% vs CCRSX's -78.02%.

Which has better risk-adjusted returns?

CCRSX currently has the higher Sharpe Ratio (1.75 vs 1.66), 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.