VYMI vs. VZICX

Last updated Jun 5, 2026

VYMI (Vanguard International High Dividend Yield ETF) and VZICX (Vanguard International Core Stock Fund Admiral Shares) are both funds - VYMI is a Dividend fund tracking the FTSE All-World ex US High Dividend Yield Index, while VZICX is a Foreign Large Cap Equities fund managed by Vanguard. Over the past 5 years, VYMI returned 12.09%/yr vs 11.67%/yr for VZICX. Their correlation of 0.93 suggests significant overlap in exposure. VYMI charges 0.07%/yr vs 0.35%/yr for VZICX.

Performance

VYMI vs. VZICX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard International High Dividend Yield ETF (VYMI) and Vanguard International Core Stock Fund Admiral Shares (VZICX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VYMI achieves a 11.99% return, which is significantly lower than VZICX's 14.29% return.

VYMI

• 1D: 0.61%
• 1M: 1.65%
• YTD: 11.99%
• 6M: 15.12%
• 1Y: 30.78%
• 3Y*: 22.30%
• 5Y*: 12.09%
• 10Y*: 10.47%

VZICX

• 1D: -0.54%
• 1M: 3.56%
• YTD: 14.29%
• 6M: 16.67%
• 1Y: 34.67%
• 3Y*: 23.10%
• 5Y*: 11.67%
• 10Y*: —

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

VYMI vs. VZICX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VYMI Vanguard International High Dividend Yield ETF	11.99%	38.05%	7.06%	17.07%	-7.02%	15.39%	-1.11%	8.63%
VZICX Vanguard International Core Stock Fund Admiral Shares	14.29%	38.55%	8.74%	14.35%	-10.62%	11.85%	9.23%	7.37%

Correlation

The correlation between VYMI and VZICX is 0.87, 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	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since Sep 25, 2019	0.93

The correlation between VYMI and VZICX has been stable across timeframes, ranging from 0.87 to 0.93 - a consistent structural relationship.

Return for Risk

VYMI vs. VZICX — Risk / Return Rank

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

VYMI

VYMI Risk / Return Rank: 70
VYMI Sharpe Ratio Rank: 74
VYMI Sortino Ratio Rank: 73
VYMI Omega Ratio Rank: 74
VYMI Calmar Ratio Rank: 62
VYMI Martin Ratio Rank: 67

VZICX

VZICX Risk / Return Rank: 67
VZICX Sharpe Ratio Rank: 68
VZICX Sortino Ratio Rank: 61
VZICX Omega Ratio Rank: 66
VZICX Calmar Ratio Rank: 72
VZICX Martin Ratio Rank: 66

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.

VYMI vs. VZICX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard International High Dividend Yield ETF (VYMI) and Vanguard International Core Stock Fund Admiral Shares (VZICX). 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.

	VYMI	VZICX	Difference
Sharpe ratio: Return per unit of total volatility	2.39	2.43	-0.04
Sortino ratio: Return per unit of downside risk	3.25	3.30	-0.05
Omega ratio: Gain probability vs. loss probability	1.43	1.45	-0.02
Calmar ratio: Return relative to maximum drawdown	3.05	3.26	-0.21
Martin ratio: Return relative to average drawdown	12.01	12.81	-0.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VYMI vs. VZICX - Sharpe Ratio Comparison

The current VYMI Sharpe Ratio is 2.39, which is comparable to the VZICX Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of VYMI and VZICX, 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

	VYMI	VZICX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.39	2.43	-0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	0.77	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.75	-0.09

Drawdowns

VYMI vs. VZICX - Drawdown Comparison

The maximum VYMI drawdown since its inception was -40.00%, which is greater than VZICX's maximum drawdown of -34.37%. Use the drawdown chart below to compare losses from any high point for VYMI and VZICX.

Drawdown Indicators

	VYMI	VZICX	Difference
Max Drawdown Largest peak-to-trough decline	-40.00%	-34.37%	-5.63%
Max Drawdown (1Y) Largest decline over 1 year	-10.14%	-10.81%	+0.67%
Max Drawdown (3Y) Largest decline over 3 years	-12.84%	-13.30%	+0.46%
Max Drawdown (5Y) Largest decline over 5 years	-24.05%	-24.89%	+0.84%
Max Drawdown (10Y) Largest decline over 10 years	-40.00%	—	—
Current Drawdown Current decline from peak	-0.80%	-0.54%	-0.26%
Average Drawdown Average peak-to-trough decline	-6.31%	-5.71%	-0.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	2.75%	-0.18%

Volatility

VYMI vs. VZICX - Volatility Comparison

The current volatility for Vanguard International High Dividend Yield ETF (VYMI) is 3.96%, while Vanguard International Core Stock Fund Admiral Shares (VZICX) has a volatility of 4.82%. This indicates that VYMI experiences smaller price fluctuations and is considered to be less risky than VZICX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VYMI	VZICX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.96%	4.82%	-0.86%
Volatility (6M) Calculated over the trailing 6-month period	10.74%	12.09%	-1.35%
Volatility (1Y) Calculated over the trailing 1-year period	12.94%	14.56%	-1.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.84%	15.28%	-0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.87%	17.91%	-1.04%

VYMI vs. VZICX - Expense Ratio Comparison

VYMI has a 0.07% expense ratio, which is lower than VZICX's 0.35% expense ratio.

Dividends

VYMI vs. VZICX - Dividend Comparison

VYMI's dividend yield for the trailing twelve months is around 3.42%, less than VZICX's 3.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
VYMI Vanguard International High Dividend Yield ETF	3.42%	3.68%	4.84%	4.58%	4.70%	4.30%	3.22%	4.20%	4.29%	3.21%	2.39%
VZICX Vanguard International Core Stock Fund Admiral Shares	3.86%	4.41%	2.65%	2.20%	2.10%	4.37%	1.89%	0.11%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VYMI and VZICX in my portfolio?

VYMI and VZICX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VYMI or VZICX?

VZICX has higher volatility (4.82%) compared to VYMI (3.96%). In terms of maximum drawdown, VYMI dropped -40.00% vs VZICX's -34.37%.

Which has better risk-adjusted returns?

VZICX currently has the higher Sharpe Ratio (2.43 vs 2.39), 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.