VXF vs. VEXMX
Compare and contrast key facts about Vanguard Extended Market ETF (VXF) and Vanguard Extended Market Index Fund (VEXMX).
VXF is a passively managed fund by Vanguard that tracks the performance of the S&P Completion Index. It was launched on Dec 27, 2001. VEXMX is managed by Vanguard. It was launched on Dec 21, 1987.
Performance
VXF vs. VEXMX - Performance Comparison
Loading graphics...
VXF vs. VEXMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VXF Vanguard Extended Market ETF | -1.27% | 11.40% | 16.89% | 25.51% | -26.52% | 12.31% | 32.45% | 27.96% | -9.34% | 18.06% |
VEXMX Vanguard Extended Market Index Fund | -4.57% | 10.93% | 15.05% | 26.79% | -26.56% | 12.31% | 32.43% | 27.87% | -9.48% | 17.94% |
Returns By Period
In the year-to-date period, VXF achieves a -1.27% return, which is significantly higher than VEXMX's -4.57% return. Both investments have delivered pretty close results over the past 10 years, with VXF having a 10.92% annualized return and VEXMX not far behind at 10.38%.
VXF
- 1D
- 3.44%
- 1M
- -4.60%
- YTD
- -1.27%
- 6M
- -1.07%
- 1Y
- 20.89%
- 3Y*
- 15.08%
- 5Y*
- 3.98%
- 10Y*
- 10.92%
VEXMX
- 1D
- -1.03%
- 1M
- -7.76%
- YTD
- -4.57%
- 6M
- -4.46%
- 1Y
- 16.63%
- 3Y*
- 13.43%
- 5Y*
- 3.40%
- 10Y*
- 10.38%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VXF vs. VEXMX - Expense Ratio Comparison
VXF has a 0.06% expense ratio, which is lower than VEXMX's 0.19% 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
VXF vs. VEXMX — Risk / Return Rank
VXF
VEXMX
VXF vs. VEXMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Extended Market ETF (VXF) and Vanguard Extended Market Index Fund (VEXMX). 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.
| VXF | VEXMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.91 | 0.72 | +0.20 |
Sortino ratioReturn per unit of downside risk | 1.41 | 1.15 | +0.26 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.16 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.39 | 0.94 | +0.45 |
Martin ratioReturn relative to average drawdown | 5.72 | 3.86 | +1.86 |
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
| VXF | VEXMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 0.72 | +0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.15 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.47 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.51 | -0.08 |
Correlation
The correlation between VXF and VEXMX is 0.98, 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
VXF vs. VEXMX - Dividend Comparison
VXF's dividend yield for the trailing twelve months is around 1.18%, more than VEXMX's 1.07% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VXF Vanguard Extended Market ETF | 1.18% | 1.14% | 1.09% | 1.27% | 1.15% | 1.13% | 1.07% | 1.30% | 1.66% | 1.25% | 1.43% | 1.35% |
VEXMX Vanguard Extended Market Index Fund | 1.07% | 0.74% | 0.74% | 1.14% | 1.00% | 0.99% | 1.19% | 1.18% | 1.52% | 1.12% | 1.31% | 1.20% |
Drawdowns
VXF vs. VEXMX - Drawdown Comparison
The maximum VXF drawdown since its inception was -58.03%, roughly equal to the maximum VEXMX drawdown of -58.17%. Use the drawdown chart below to compare losses from any high point for VXF and VEXMX.
Loading graphics...
Drawdown Indicators
| VXF | VEXMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.03% | -58.17% | +0.14% |
Max Drawdown (1Y)Largest decline over 1 year | -14.68% | -14.63% | -0.05% |
Max Drawdown (5Y)Largest decline over 5 years | -36.39% | -36.38% | -0.01% |
Max Drawdown (10Y)Largest decline over 10 years | -41.72% | -41.63% | -0.09% |
Current DrawdownCurrent decline from peak | -7.12% | -10.27% | +3.15% |
Average DrawdownAverage peak-to-trough decline | -9.61% | -11.19% | +1.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.56% | 3.55% | +0.01% |
Volatility
VXF vs. VEXMX - Volatility Comparison
Vanguard Extended Market ETF (VXF) has a higher volatility of 7.00% compared to Vanguard Extended Market Index Fund (VEXMX) at 6.02%. This indicates that VXF's price experiences larger fluctuations and is considered to be riskier than VEXMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VXF | VEXMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.00% | 6.02% | +0.98% |
Volatility (6M)Calculated over the trailing 6-month period | 13.49% | 13.07% | +0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.05% | 22.79% | +0.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.36% | 22.33% | +0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.26% | 22.33% | -0.07% |