CPII vs VXUS

CPII vs VXUS

Which is better, CPII or VXUS?

Inflation Protection against Large Cap Blend.

VXUS has a lower expense ratio. VXUS led over 1Y and the full window.

Lower Fees: VXUSHigher Returns: VXUS

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricCPIIVXUS
Expense Ratio0.70%0.05%Best
AUM$12M$158.1B
Dividend Yield5.10%2.51%
Holdings168,747
Volatility (annualized)5.0%Best16.0%
Max Drawdown-6.4%Best-16.2%
$10,000 over 2.8 years$11,068$12,660Best
Fund FamilyAmerican Beacon FundsVanguard (US)
CategoryFixed IncomeEquity
StyleInflation ProtectionLarge Cap Blend
InceptionJun 28, 2022Jan 26, 2011

Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.

The two price series end 517 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. CPII has data through Apr 11, 2025 and VXUS through Sep 10, 2026.

Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Jun 29, 2022 to Apr 11, 2025 (2.8 years).

Risk: Volatility and Drawdowns

VXUS has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 5.0% for CPII. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -6.4% for CPII and -16.2% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at -0.40. They move together some of the time, and apart the rest.

Fees and Cost Over Time

CPII charges 0.70% per year while VXUS charges 0.05%. On a $10,000 position that is $70 vs $5 annually, a gap of $65 per year that compounds over a long holding period. On income, CPII currently yields 5.10% against 2.51% for VXUS.

Holdings Overlap

We hold position weights for 8 holdings in CPII and 8,091 in VXUS, totalling 97.9% and 87.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

The two holdings books were reported 51 days apart, CPII as of Aug 20, 2026 and VXUS as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.

0 positions in common, counted across the 8 positions we hold weights for in CPII and 8,091 in VXUS, against full books of 16 and 8,747.

You are not choosing between two funds in isolation.

Whichever of CPII and VXUS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

CPIIVXUS

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, CPII or VXUS?

CPII has an expense ratio of 0.70% while VXUS charges 0.05%. VXUS is the cheaper option, by $65 a year on a $10,000 investment.

Which is riskier, CPII or VXUS?

VXUS has been the more volatile fund at 16.0% annualized versus 5.0% for CPII. Worst drawdown: CPII -6.4% vs VXUS -16.2%.

Should I hold both CPII and VXUS?

CPII and VXUS have a monthly-return correlation of -0.40, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, CPII or VXUS?

CPII yields 5.10% while VXUS yields 2.51%, so CPII currently pays the higher dividend yield.

Is VXUS better than CPII?

VXUS has a lower expense ratio. VXUS led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.