MXF vs VXUS

Quick Verdict

VXUS has a lower expense ratio. MXF delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.

Lower Fees: VXUSHigher Returns: MXFMore Diversified: VXUS

Side-by-Side Comparison

MetricMXFVXUSWinner
Expense Ratio1.32%0.05%
AUM$353M$156.5B
Dividend Yield4.87%2.60%
Holdings288,747
YTD Return+12.89%+14.07%
1Y Return+28.58%+27.24%
3Y Return (annualized)+13.80%+19.27%
5Y Return (annualized)+12.64%+9.14%
Volatility (annualized)27.4%15.1%
Max Drawdown-84.7%-39.9%
Fund FamilyThe Mexico Fund, Inc.Vanguard (US)
CategoryEquityEquity
InceptionJun 3, 1981Jan 26, 2011

MXF vs VXUS Performance

The Mexico Fund Inc (MXF) is a ETF from The Mexico Fund, Inc. and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year MXF returned +28.58% while VXUS returned +27.24%. Year to date, MXF is up 12.89% versus a gain of 14.07% for VXUS.

Over three years, MXF compounded at +13.80% per year against +19.27% for VXUS; over five years the annualized figures are +12.64% and +9.14% respectively. Across the full 16-year window we track, VXUS has the edge at +4.83% annualized vs +2.27%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

MXF has been the more volatile fund, with annualized monthly volatility of 27.4% compared with 15.1% for VXUS. 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 -84.7% for MXF and -39.9% for VXUS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

MXF charges 1.32% per year while VXUS charges 0.05%. On a $10,000 position that is $132 vs $5 annually, a gap of $127 per year that compounds over a long holding period. On income, MXF currently yields 4.87% against 2.60% for VXUS.

Holdings Overlap

0.4%overlap

MXF and VXUS share 19 holdings out of 7867 unique holdings combined, representing a 0.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in MXFWeight in VXUSDifference
GMEXICOB:MX15.04%0.08%14.96%
GFNORTEO:MX10.91%0.07%10.84%
FEMSAUBD:MX9.87%0.04%9.83%
WALMEX:MXProProPro
CEMEXCPO:MXProProPro
GAPB:MXProProPro
ASURB:MXProProPro
AC:MXProProPro
OMAB:MXProProPro
BIMBOA:MXProProPro
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Frequently Asked Questions

Which is cheaper, MXF or VXUS?

MXF has an expense ratio of 1.32% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $127 per year of difference.

Which performed better, MXF or VXUS?

Over the past year MXF returned +28.58% vs +27.24% for VXUS, so MXF leads on 1-year performance. Over the longest common window we track (16 years), MXF annualized +2.27% vs +4.83% for VXUS. Past performance does not guarantee future results.

Which is riskier, MXF or VXUS?

MXF has been the more volatile fund at 27.4% annualized versus 15.1% for VXUS. Worst drawdown: MXF -84.7% vs VXUS -39.9%.

Should I hold both MXF and VXUS?

MXF and VXUS have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between MXF and VXUS?

MXF and VXUS share 19 common holdings with a 0.4% weight overlap. Combined, they hold 7867 unique securities.

Which pays a higher dividend, MXF or VXUS?

MXF yields 4.87% while VXUS yields 2.60%, so MXF currently pays the higher dividend yield.

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