VXUS vs. PSILX

Last updated Jun 16, 2026

VXUS (Vanguard Total International Stock ETF) and PSILX (T. Rowe Price Spectrum International Equity Fund) are both funds - VXUS is a Global Equities fund tracking the FTSE Global All Cap ex US Index, while PSILX is a Foreign Large Cap Equities fund managed by T. Rowe Price. Over the past 10 years, VXUS returned 10.23%/yr vs 8.88%/yr for PSILX. With a 0.96 correlation, they move nearly in lockstep. VXUS charges 0.05%/yr vs 0.89%/yr for PSILX.

Performance

VXUS vs. PSILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total International Stock ETF (VXUS) and T. Rowe Price Spectrum International Equity Fund (PSILX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VXUS achieves a 15.42% return, which is significantly higher than PSILX's 12.26% return. Over the past 10 years, VXUS has outperformed PSILX with an annualized return of 10.23%, while PSILX has yielded a comparatively lower 8.88% annualized return.

VXUS

• 1D: 1.52%
• 1M: 4.66%
• YTD: 15.42%
• 6M: 16.87%
• 1Y: 32.10%
• 3Y*: 18.53%
• 5Y*: 8.83%
• 10Y*: 10.23%

PSILX

• 1D: 0.46%
• 1M: 3.76%
• YTD: 12.26%
• 6M: 14.02%
• 1Y: 27.05%
• 3Y*: 16.34%
• 5Y*: 6.27%
• 10Y*: 8.88%

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

VXUS vs. PSILX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VXUS Vanguard Total International Stock ETF	15.42%	32.35%	5.08%	15.86%	-16.08%	8.98%	10.66%	21.75%	-14.43%	27.46%
PSILX T. Rowe Price Spectrum International Equity Fund	12.26%	30.30%	4.28%	13.83%	-18.04%	5.00%	13.94%	25.00%	-14.83%	26.79%

Correlation

The correlation between VXUS and PSILX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jan 28, 2011	0.96

The correlation between VXUS and PSILX has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

Return for Risk

VXUS vs. PSILX — Risk / Return Rank

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

VXUS

VXUS Risk / Return Rank: 67
VXUS Sharpe Ratio Rank: 69
VXUS Sortino Ratio Rank: 67
VXUS Omega Ratio Rank: 70
VXUS Calmar Ratio Rank: 63
VXUS Martin Ratio Rank: 67

PSILX

PSILX Risk / Return Rank: 40
PSILX Sharpe Ratio Rank: 40
PSILX Sortino Ratio Rank: 39
PSILX Omega Ratio Rank: 43
PSILX Calmar Ratio Rank: 37
PSILX Martin Ratio Rank: 40

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.

VXUS vs. PSILX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total International Stock ETF (VXUS) and T. Rowe Price Spectrum International Equity Fund (PSILX). 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.

	VXUS	PSILX	Difference
Sharpe ratio: Return per unit of total volatility	2.01	1.59	+0.42
Sortino ratio: Return per unit of downside risk	2.73	2.25	+0.48
Omega ratio: Gain probability vs. loss probability	1.37	1.30	+0.07
Calmar ratio: Return relative to maximum drawdown	2.86	2.04	+0.82
Martin ratio: Return relative to average drawdown	11.00	7.72	+3.28

VXUS vs. PSILX - Sharpe Ratio Comparison

The current VXUS Sharpe Ratio is 2.01, which is comparable to the PSILX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of VXUS and PSILX, 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

VXUS vs. PSILX - Drawdown Comparison

The maximum VXUS drawdown since its inception was -35.97%, smaller than the maximum PSILX drawdown of -61.38%. Use the drawdown chart below to compare losses from any high point for VXUS and PSILX.

Drawdown Indicators

	VXUS	PSILX	Difference
Max Drawdown Largest peak-to-trough decline	-35.97%	-61.38%	+25.41%
Max Drawdown (1Y) Largest decline over 1 year	-11.27%	-12.72%	+1.45%
Max Drawdown (3Y) Largest decline over 3 years	-13.58%	-13.70%	+0.12%
Max Drawdown (5Y) Largest decline over 5 years	-29.44%	-33.13%	+3.69%
Max Drawdown (10Y) Largest decline over 10 years	-35.97%	-33.33%	-2.64%
Current Drawdown Current decline from peak	0.00%	-1.66%	+1.66%
Average Drawdown Average peak-to-trough decline	-8.20%	-14.05%	+5.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	3.32%	-0.39%

Volatility

VXUS vs. PSILX - Volatility Comparison

Vanguard Total International Stock ETF (VXUS) and T. Rowe Price Spectrum International Equity Fund (PSILX) have volatilities of 6.87% and 6.70%, 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

	VXUS	PSILX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.87%	6.70%	+0.17%
Volatility (6M) Calculated over the trailing 6-month period	14.09%	14.03%	+0.06%
Volatility (1Y) Calculated over the trailing 1-year period	16.11%	16.33%	-0.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.23%	15.94%	+0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.21%	16.28%	+0.93%

VXUS vs. PSILX - Expense Ratio Comparison

VXUS has a 0.05% expense ratio, which is lower than PSILX's 0.89% expense ratio.

Dividends

VXUS vs. PSILX - Dividend Comparison

VXUS's dividend yield for the trailing twelve months is around 2.63%, less than PSILX's 4.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSILX T. Rowe Price Spectrum International Equity Fund	4.83%	5.42%	2.04%	1.88%	6.67%	3.49%	0.88%	3.49%	6.69%	0.58%	0.17%	0.08%
VXUS Vanguard Total International Stock ETF	2.63%	3.18%	3.37%	3.24%	3.09%	3.10%	2.14%	3.06%	3.18%	2.73%	2.93%	2.83%

Frequently Asked Questions

Can I hold both VXUS and PSILX in my portfolio?

With a correlation of 0.94, VXUS and PSILX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, VXUS or PSILX?

VXUS has higher volatility (6.87%) compared to PSILX (6.70%). In terms of maximum drawdown, VXUS dropped -35.97% vs PSILX's -61.38%.

Which has better risk-adjusted returns?

VXUS currently has the higher Sharpe Ratio (2.01 vs 1.59), 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.