VMMSX
VANGUARD EMERGING MARKETS SELECT STOCK FUND
VANGUARD TRUSTEES' EQUITY FUND

Average annual returns

Through 2025
1 year
35.66%
3 year
16.68%
5 year
5.12%
10 year

Standardized average annual total returns (before tax), from calendar-year returns; recent years derived from N-PORT monthly data.

Calendar-year returns

Risk statistics

78 months through Jan. 31, 2026
Volatility (ann.)
13.65%
Sharpe
1.22
Sortino
2.23
Max drawdown
-35.98%
Best month
16.99%
Worst month
-20.22%
Beta vs VTIAX
1.02
Correlation
0.85

Derived from N-PORT monthly total returns; distinct from the prospectus returns above.

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