NZUS vs VXUS
State Street SPDR MSCI USA Climate Paris Aligned ETF vs Vanguard Total International Stock ETF
Which is better, NZUS or VXUS?
Large Cap Growth against Large Cap Blend.
VXUS has a lower expense ratio. NZUS led over the full window, VXUS over 1Y.
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
| Metric | NZUS | VXUS |
|---|---|---|
| Expense Ratio | 0.10% | 0.05%Best |
| AUM | $3M | $158.1B |
| Dividend Yield | 0.88% | 2.51% |
| Holdings | 146 | 8,747 |
| Volatility (annualized) | 16.8% | 15.6%Best |
| Max Drawdown | -21.0% | -19.3%Best |
| $10,000 over 4.1 years | $17,372Best | $16,922 |
| Fund Family | State Street Investment Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Apr 21, 2022 | Jan 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 121 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. NZUS has data through May 12, 2026 and VXUS through Sep 10, 2026.
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Apr 22, 2022 to May 12, 2026 (4.1 years).
Risk: Volatility and Drawdowns
NZUS has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 15.6% 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 -21.0% for NZUS and -19.3% 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NZUS charges 0.10% per year while VXUS charges 0.05%. On a $10,000 position that is $10 vs $5 annually, a gap of $5 per year that compounds over a long holding period. On income, NZUS currently yields 0.88% against 2.51% for VXUS.
Holdings Overlap
At least 0.6% of NZUS's money is in holdings VXUS also owns.
Stated as a floor: for VXUS, our book for it covers 87.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
The two holdings books were reported 151 days apart, NZUS as of Jan 30, 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.
1 positions in common, counted across the 150 positions we hold weights for in NZUS and 8,091 in VXUS, against full books of 146 and 8,747.
Top Shared Holdings
| Stock | Weight in NZUS | Weight in VXUS | Difference |
|---|---|---|---|
| ORCLOracle Corp. | 0.64% | 0.00% | 0.64% |
You are not choosing between two funds in isolation.
Whichever of NZUS and VXUS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, NZUS or VXUS?
NZUS has an expense ratio of 0.10% while VXUS charges 0.05%. VXUS is the cheaper option, by $5 a year on a $10,000 investment.
Which is riskier, NZUS or VXUS?
NZUS has been the more volatile fund at 16.8% annualized versus 15.6% for VXUS. Worst drawdown: NZUS -21.0% vs VXUS -19.3%.
Should I hold both NZUS and VXUS?
NZUS and VXUS have a monthly-return correlation of 0.73, 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, NZUS or VXUS?
NZUS yields 0.88% while VXUS yields 2.51%, so VXUS currently pays the higher dividend yield.
Is VXUS better than NZUS?
VXUS has a lower expense ratio. NZUS led over the full window, VXUS over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.