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VXUS: Vanguard Total International Stock ETF returns, drawdowns and risk

Funds on developed markets outside the United States: Europe, Japan, Australia, Canada.

Data updated October 2026

VXUS · US exchange · USDCategory: International developed markets ETFsData from January 2011

From January 2011 to October 2026 VXUS returned 6.5% a year on average with dividends reinvested, in US dollars: $10,000 invested at the start grew to $26,930.

Its deepest fall was 36.0%, from January 2018 to March 2020, and it took about 34 months to get back to the previous high. Annual volatility was 17.7%; at the last close it was 5.1% below its high.

Against SPY (SPDR S&P 500 ETF Trust), over the 189 months both have data, the correlation of monthly returns was 0.83: they usually moved together. Beta was 0.89. In months when SPY rose, VXUS moved 78% as much on average; in months when SPY fell, 107% as much.

Key figures

Annual return (CAGR)
+6.5%
1-year return
+14.6%
5 years, a year
+8.2%
10 years, a year
+9.1%
Annual volatility
17.7%
Maximum drawdown
−36.0%
Sharpe ratio
0.36
Worst year
2022: −16.1%

Trailing returns

PeriodVXUSSPY
1 year+14.6%+16.6%
3 years, a year+21.0%+23.1%
5 years, a year+8.2%+12.7%
10 years, a year+9.1%+15.4%

To the last close of October 2026. Periods longer than a year are annualised.

Growth of $10,000: VXUS vs SPY

$20,000$40,000$60,000$80,00020122014201620182020202220242026
VXUS — Vanguard Total International Stock ETFSPY — SPDR S&P 500 ETF Trust

Month-end values from February 2011, the first month both funds have data.

VXUS drawdowns

-30%-20%-10%0%20122014201620182020202220242026

Percentage below the previous high, weekly.

Returns by calendar year

YearVXUSSPY
2026(partial)+11.8%+13.3%
2025+32.4%+17.7%
2024+5.1%+24.9%
2023+15.9%+26.2%
2022−16.1%−18.2%
2021+9.0%+28.7%
2020+10.7%+18.3%
2019+21.8%+31.2%
2018−14.4%−4.6%
2017+27.5%+21.7%
2016+4.8%+12.0%
2015−4.2%+1.2%
2014−4.7%+13.5%
2013+14.6%+32.3%
2012+18.6%+16.0%
2011(partial)−14.4%—

VXUS compared

How the figures are calculated

Total return in the fund’s trading currency, from end-of-day prices with dividends reinvested on the ex-date. The fund’s own ongoing charges are already reflected in its price; trading costs, taxes and currency conversion are not included. Past returns do not predict future returns.

Sharpe ratio uses the return of short-term government bills in the same currency as the risk-free rate. The growth chart uses month-end values; drawdowns and volatility use daily closes.

Questions

What is the average annual return of VXUS?

From January 2011 to October 2026 VXUS returned 6.5% a year on average (CAGR) with dividends reinvested, in USD. Over the last 5 years: +8.2% a year. Over the last 12 months: +14.6%.

What was the worst drawdown of VXUS?

36.0%, from January 2018 to March 2020; it took about 34 months from the previous high to get back to it.

How volatile is VXUS?

Annual volatility was 17.7% over the period. Its worst month was −16.3% and 58% of months were positive. Worst calendar year: 2022 (−16.1%).

How closely does VXUS follow SPY?

Over 189 months the correlation of monthly returns was 0.83, so they usually moved together, with a beta of 0.89.

Use VXUS in a free tool

Other International developed markets ETFs

Source: MarketStack end-of-day prices, total return with dividends reinvested. Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.