VXUS vs. VXF

Last updated Jun 4, 2026

VXUS (Vanguard Total International Stock ETF) and VXF (Vanguard Extended Market ETF) are both exchange-traded funds - VXUS is a Global Equities fund tracking the FTSE Global All Cap ex US Index, while VXF is a Mid Cap Blend Equities fund tracking the S&P Completion Index. Both are passively managed. Over the past 10 years, VXUS returned 9.76%/yr vs 12.08%/yr for VXF. A 0.77 correlation means they provide meaningful diversification when combined. Both charge a 0.05% expense ratio.

Performance

VXUS vs. VXF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total International Stock ETF (VXUS) and Vanguard Extended Market ETF (VXF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with VXUS having a 14.25% return and VXF slightly lower at 13.78%. Over the past 10 years, VXUS has underperformed VXF with an annualized return of 9.76%, while VXF has yielded a comparatively higher 12.08% annualized return.

VXUS

• 1D: -0.99%
• 1M: 4.68%
• YTD: 14.25%
• 6M: 16.92%
• 1Y: 32.01%
• 3Y*: 19.30%
• 5Y*: 8.46%
• 10Y*: 9.76%

VXF

• 1D: -1.02%
• 1M: 4.75%
• YTD: 13.78%
• 6M: 12.61%
• 1Y: 28.88%
• 3Y*: 19.75%
• 5Y*: 6.53%
• 10Y*: 12.08%

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

VXUS vs. VXF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VXUS Vanguard Total International Stock ETF	14.25%	32.35%	5.08%	15.86%	-16.08%	8.98%	10.66%	21.75%	-14.43%	27.46%
VXF Vanguard Extended Market ETF	13.78%	11.40%	16.89%	25.51%	-26.52%	12.31%	32.45%	27.96%	-9.34%	18.06%

Correlation

The correlation between VXUS and VXF is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.75
Correlation (All Time) Calculated using the full available price history since Jan 31, 2011	0.77

The correlation between VXUS and VXF has been stable across timeframes, ranging from 0.73 to 0.77 - a consistent structural relationship.

VXUS vs. VXF - Sectors Allocation Comparison

Sectors	VXUS	VXF
Financial Services	22.3%	14.6%
Technology	18.1%	19.8%
Industrials	16.1%	19.3%
Consumer Cyclical	8.4%	9.7%
Basic Materials	7.6%	4.2%
Healthcare	7.1%	13.3%
Energy	5.2%	5.1%
Consumer Defensive	5.0%	2.7%
Communication Services	4.4%	3.3%
Utilities	3.2%	2.0%
Real Estate	2.6%	6.0%

Return for Risk

VXUS vs. VXF — Risk / Return Rank

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

VXUS

VXUS Risk / Return Rank: 60
VXUS Sharpe Ratio Rank: 61
VXUS Sortino Ratio Rank: 60
VXUS Omega Ratio Rank: 62
VXUS Calmar Ratio Rank: 56
VXUS Martin Ratio Rank: 61

VXF

VXF Risk / Return Rank: 50
VXF Sharpe Ratio Rank: 48
VXF Sortino Ratio Rank: 47
VXF Omega Ratio Rank: 44
VXF Calmar Ratio Rank: 56
VXF Martin Ratio Rank: 57

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. VXF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total International Stock ETF (VXUS) and Vanguard Extended Market ETF (VXF). 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.

	VXUS	VXF	Difference
Sharpe ratio: Return per unit of total volatility	2.12	1.69	+0.43
Sortino ratio: Return per unit of downside risk	2.90	2.38	+0.52
Omega ratio: Gain probability vs. loss probability	1.39	1.29	+0.10
Calmar ratio: Return relative to maximum drawdown	2.85	2.84	+0.01
Martin ratio: Return relative to average drawdown	11.14	10.07	+1.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VXUS vs. VXF - Sharpe Ratio Comparison

The current VXUS Sharpe Ratio is 2.12, which is comparable to the VXF Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of VXUS and VXF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VXUS	VXF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	1.69	+0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.29	+0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	0.54	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.46	-0.07

Drawdowns

VXUS vs. VXF - Drawdown Comparison

The maximum VXUS drawdown since its inception was -35.97%, smaller than the maximum VXF drawdown of -58.03%. Use the drawdown chart below to compare losses from any high point for VXUS and VXF.

Drawdown Indicators

	VXUS	VXF	Difference
Max Drawdown Largest peak-to-trough decline	-35.97%	-58.03%	+22.06%
Max Drawdown (1Y) Largest decline over 1 year	-11.27%	-10.21%	-1.06%
Max Drawdown (3Y) Largest decline over 3 years	-13.58%	-26.92%	+13.34%
Max Drawdown (5Y) Largest decline over 5 years	-29.44%	-36.39%	+6.95%
Max Drawdown (10Y) Largest decline over 10 years	-35.97%	-41.72%	+5.75%
Current Drawdown Current decline from peak	-0.99%	-1.02%	+0.03%
Average Drawdown Average peak-to-trough decline	-8.22%	-9.55%	+1.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	2.87%	+0.01%

Volatility

VXUS vs. VXF - Volatility Comparison

Vanguard Total International Stock ETF (VXUS) has a higher volatility of 5.60% compared to Vanguard Extended Market ETF (VXF) at 4.87%. This indicates that VXUS's price experiences larger fluctuations and is considered to be riskier than VXF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VXUS	VXF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.60%	4.87%	+0.73%
Volatility (6M) Calculated over the trailing 6-month period	13.00%	12.44%	+0.56%
Volatility (1Y) Calculated over the trailing 1-year period	15.21%	17.22%	-2.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.05%	22.33%	-6.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.16%	22.29%	-5.13%

VXUS vs. VXF - Expense Ratio Comparison

Both VXUS and VXF have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

VXUS vs. VXF - Dividend Comparison

VXUS's dividend yield for the trailing twelve months is around 2.66%, more than VXF's 1.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VXF Vanguard Extended Market ETF	1.02%	1.14%	1.09%	1.27%	1.15%	1.13%	1.07%	1.30%	1.66%	1.25%	1.43%	1.35%
VXUS Vanguard Total International Stock ETF	2.66%	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 VXF in my portfolio?

VXUS and VXF have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VXUS or VXF?

VXUS has higher volatility (5.60%) compared to VXF (4.87%). In terms of maximum drawdown, VXUS dropped -35.97% vs VXF's -58.03%.

Which ETF is better, VXUS or VXF?

On 10-year performance, VXF leads with 12.08% vs 9.76% for VXUS. Both ETFs have the same 0.05% expense ratio. On volatility, VXF has been the lower-risk option at 4.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VXUS or VXF?

Over the 10-year period, VXF has performed better with a 12.08% return vs 9.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VXUS or VXF?

VXUS and VXF have the same expense ratio: 0.05% per year.

Which ETF pays a higher dividend yield, VXUS or VXF?

VXUS has the higher dividend yield at 2.66%, compared with 1.02% for VXF.

What is the main difference between VXUS and VXF?

VXUS is categorized as Global Equities, while VXF is Mid Cap Blend Equities. VXUS tracks FTSE Global All Cap ex US Index, while VXF tracks S&P Completion Index.

Which has better risk-adjusted returns?

VXUS currently has the higher Sharpe Ratio (2.12 vs 1.69), 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.