TWN vs VXUS

Quick Verdict

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

Lower Fees: VXUSHigher Returns: TWNMore Diversified: VXUS

Side-by-Side Comparison

MetricTWNVXUSWinner
Expense Ratio0.96%0.05%
AUM$311M$156.5B
Dividend Yield6.55%2.60%
Holdings288,747
YTD Return+71.92%+14.19%
1Y Return+118.06%+27.38%
3Y Return (annualized)+60.88%+19.53%
5Y Return (annualized)+30.89%+9.03%
Volatility (annualized)36.1%15.1%
Max Drawdown-70.2%-39.9%
Fund FamilyThe Taiwan FundVanguard (US)
CategoryEquityEquity
InceptionDec 23, 1986Jan 26, 2011

TWN vs VXUS Performance

Taiwan Fund Inc. (TWN) is a ETF from The Taiwan Fund and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year TWN returned +118.06% while VXUS returned +27.38%. Year to date, TWN is up 71.92% versus a gain of 14.19% for VXUS.

Over three years, TWN compounded at +60.88% per year against +19.53% for VXUS; over five years the annualized figures are +30.89% and +9.03% respectively. Across the full 16-year window we track, TWN has the edge at +13.08% annualized vs +4.83%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

TWN has been the more volatile fund, with annualized monthly volatility of 36.1% 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 -70.2% for TWN 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 0.66. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

TWN charges 0.96% per year while VXUS charges 0.05%. On a $10,000 position that is $96 vs $5 annually, a gap of $91 per year that compounds over a long holding period. On income, TWN currently yields 6.55% against 2.60% for VXUS.

Holdings Overlap

4.1%overlap

TWN and VXUS share 24 holdings out of 7865 unique holdings combined, representing a 4.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in TWNWeight in VXUSDifference
2330:TW32.98%3.41%29.57%
2383:TW6.06%0.05%6.01%
2308:TW4.73%0.20%4.53%
6515:TWProProPro
3653:TWProProPro
6223:TWProProPro
3037:TWProProPro
3529:TWProProPro
2454:TWProProPro
2059:TWProProPro
FundXLS Pro
See all 10 holdings TWN shares with VXUS
Exact weights in each fund and the difference, for every overlapping position.
X-ray my whole portfolio$45/quarter Pro · Cancel anytime

Frequently Asked Questions

Which is cheaper, TWN or VXUS?

TWN has an expense ratio of 0.96% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $91 per year of difference.

Which performed better, TWN or VXUS?

Over the past year TWN returned +118.06% vs +27.38% for VXUS, so TWN leads on 1-year performance. Over the longest common window we track (16 years), TWN annualized +13.08% vs +4.83% for VXUS. Past performance does not guarantee future results.

Which is riskier, TWN or VXUS?

TWN has been the more volatile fund at 36.1% annualized versus 15.1% for VXUS. Worst drawdown: TWN -70.2% vs VXUS -39.9%.

Should I hold both TWN and VXUS?

TWN and VXUS have a monthly-return correlation of 0.66, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between TWN and VXUS?

TWN and VXUS share 24 common holdings with a 4.1% weight overlap. Combined, they hold 7865 unique securities.

Which pays a higher dividend, TWN or VXUS?

TWN yields 6.55% while VXUS yields 2.60%, so TWN currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.