Inflation-Adjusted International Stock ETF (VXUS)

The Vanguard Total International Stock ETF (VXUS) provides exposure to stocks issued by companies located in developed and emerging markets outside of the United States.

Understanding the true growth of an investment requires looking beyond nominal prices. This page adjusts the historical price of VXUS for inflation, using the US Consumer Price Index, to reveal its real performance over time.

Nominal prices are adjusted for stock splits and assume reinvestment of any dividends to reflect total return. Inflation-adjusted prices use May 2026 as the baseline (latest available CPI).

The current value of the Vanguard Total International Stock ETF is 85.68 (as of the close of Jun 12, 2026), 1.47% lower than the all-time high of 86.96 (Jun 2, 2026).

Since January 28, 2011, the inflation-adjusted total return for the ETF has been 68.54%, which is equivalent to an annual growth rate of 3.45%.

In nominal values, the total return since this date has been 156.48%, or an annualized rate of 6.32%.

Inflation-Adjusted Values by Month

This data presents the ETF's end-of-month closing levels over time. The inflation-adjusted column shows what each past level would represent in roughly today's dollars based on the latest CPI reading, following the same present-value method that underlies the US Inflation Calculator. The newest row will show matching nominal and adjusted values until another CPI update becomes available.

Date Inflation-Adjusted Nominal value
Jun 2026 85.68 85.68
May 2026 86.06 86.06
Apr 2026 83.58 83.06
Mar 2026 78.26 77.11
Feb 2026 85.86 83.72
Jan 2026 81.99 79.58
Dec 2025 77.94 75.36
Nov 2025 76.03 73.54
Oct 2025 73.23 73.23
Sep 2025 74.38 72.08
Aug 2025 72.09 69.69
Jul 2025 69.36 66.86
Jun 2025 70.09 67.47
May 2025 67.66 64.9
Apr 2025 64.68 61.92
Mar 2025 63.09 60.21
Feb 2025 63 59.98
Jan 2025 62.12 58.89
Dec 2024 60.49 56.97
Nov 2024 62.32 58.67
Oct 2024 62.43 58.8
Sep 2024 65.42 61.55
Aug 2024 63.86 59.99
Jul 2024 62.41 58.58
Jun 2024 60.89 57.08
May 2024 61.4 57.54
Apr 2024 59.13 55.32
Mar 2024 60.77 56.63
Feb 2024 59.24 54.86
Jan 2024 57.92 53.31
Dec 2023 59.25 54.23
Nov 2023 56.34 51.62
Oct 2023 51.94 47.69
Sep 2023 53.73 49.35
Aug 2023 55.76 51.09
Jul 2023 58.58 53.44
Jun 2023 56.5 51.44
May 2023 54.28 49.26
Apr 2023 56.39 51.04
Mar 2023 55.63 50.1
Feb 2023 54.27 48.72
Jan 2023 57.01 50.89
Dec 2022 52.87 46.83
Nov 2022 53.87 47.86
Oct 2022 47.61 42.34
Sep 2022 46.23 40.94
Aug 2022 51.42 45.45
Jul 2022 53.82 47.58
Jun 2022 51.92 45.91
May 2022 57.18 49.87
Apr 2022 56.95 49.13
Mar 2022 61.24 52.54
Feb 2022 62.24 52.69
Jan 2022 64.65 54.23
Dec 2021 67.09 55.81
Nov 2021 64.99 53.9
Oct 2021 68.21 56.3
Sep 2021 66.85 54.72
Aug 2021 69.44 56.69
Jul 2021 68.58 55.87
Jun 2021 69.7 56.51
May 2021 70.59 56.7
Apr 2021 69.03 55.01
Mar 2021 67.72 53.52
Feb 2021 66.95 52.54
Jan 2021 65.8 51.36
Dec 2020 65.91 51.23
Nov 2020 62.34 48.41
Oct 2020 55.32 42.98
Sep 2020 56.65 44
Aug 2020 57.78 44.82
Jul 2020 55.51 42.91
Jun 2020 53.56 41.2
May 2020 51.67 39.53
Apr 2020 49.2 37.64
Mar 2020 45.42 34.98
Feb 2020 54.12 41.78
Jan 2020 58.11 44.73
Dec 2019 60.38 46.3
Nov 2019 57.8 44.36
Oct 2019 57.21 43.93
Sep 2019 55.44 42.47
Aug 2019 54.01 41.35
Jul 2019 55.2 42.26
Jun 2019 56.42 43.12
May 2019 53.36 40.78
Apr 2019 56.54 43.11
Mar 2019 55.3 41.95
Feb 2019 55.19 41.63
Jan 2019 54.53 40.96
Dec 2018 50.75 38.04
Nov 2018 53.22 40.03
Oct 2018 52.17 39.36
Sep 2018 57.15 43.05
Aug 2018 57.09 42.96
Jul 2018 58.53 44.01
Jun 2018 57.08 42.92
May 2018 58.41 43.85
Apr 2018 59.63 44.58
Mar 2018 59.6 44.38
Feb 2018 59.96 44.55
Jan 2018 63.56 47.01
Dec 2017 60.45 44.47
Nov 2017 59.19 43.57
Oct 2017 58.82 43.3
Sep 2017 57.62 42.44
Aug 2017 56.85 41.65
Jul 2017 56.72 41.43
Jun 2017 54.83 40.08
May 2017 54.55 39.83
Apr 2017 53.02 38.69
Mar 2017 52.11 37.91
Feb 2017 50.64 36.81
Jan 2017 50.12 36.32
Dec 2016 48.44 34.9
Nov 2016 47.53 34.23
Oct 2016 48.42 34.93
Sep 2016 49.43 35.61
Aug 2016 48.73 35.02
Jul 2016 48.55 34.86
Jun 2016 46.38 33.36
May 2016 46.97 33.67
Apr 2016 47.62 34
Mar 2016 46.84 33.28
Feb 2016 43.42 30.72
Jan 2016 44.56 31.5
Dec 2015 47.2 33.32
Nov 2015 48.09 34.06
Oct 2015 48.63 34.51
Sep 2015 45.75 32.48
Aug 2015 47.51 33.78
Jul 2015 51.25 36.5
Jun 2015 51.54 36.7
May 2015 53.18 37.73
Apr 2015 53.94 38.08
Mar 2015 51.57 36.33
Feb 2015 52.66 36.88
Jan 2015 50 34.87
Dec 2014 49.63 34.78
Nov 2014 51.34 36.18
Oct 2014 51.33 36.36
Sep 2014 51.24 36.39
Aug 2014 53.98 38.31
Jul 2014 53.27 37.87
Jun 2014 54.19 38.54
May 2014 53.29 37.83
Apr 2014 52.47 37.12
Mar 2014 51.98 36.65
Feb 2014 52.06 36.47
Jan 2014 49.49 34.54
Dec 2013 52.51 36.52
Nov 2013 51.72 35.97
Oct 2013 51.55 35.92
Sep 2013 49.59 34.65
Aug 2013 46.19 32.23
Jul 2013 47.16 32.87
Jun 2013 45.09 31.42
May 2013 46.9 32.6
Apr 2013 48.58 33.71
Mar 2013 46.89 32.57
Feb 2013 46.58 32.27
Jan 2013 47.5 32.64
Dec 2012 46.53 31.88
Nov 2012 44.84 30.81
Oct 2012 43.73 30.18
Sep 2012 43.36 29.94
Aug 2012 42.82 29.44
Jul 2012 41.97 28.69
Jun 2012 41.77 28.6
May 2012 39.36 26.99
Apr 2012 44.09 30.27
Mar 2012 45.16 30.91
Feb 2012 45.76 31.08
Jan 2012 43.95 29.73
Dec 2011 41.13 27.7
Nov 2011 43.64 29.46
Oct 2011 44.54 30.09
Sep 2011 40.32 27.3
Aug 2011 46.23 31.25
Jul 2011 50.64 34.14
Jun 2011 51.59 34.75
May 2011 52.17 35.17
Apr 2011 54.04 36.26
Mar 2011 51.7 34.48
Feb 2011 52.34 34.56
Jan 2011 51.4 33.78

Returns from Investing in the Vanguard Total International Stock ETF

How much did an investment in the VXUS ETF really grow each year after accounting for inflation? The following chart contains the inflation-adjusted real annual percentage returns.

Detailed Annual Returns (Adjusted vs. Nominal)

The table below shows the returns for the Vanguard Total International Stock ETF by year, both inflation-adjusted and nominal. You can sort any column by clicking on the header.

Year Inflation-Adjusted Return Nominal Return
2024 2.09% 5.04%
2023 12.06% 15.82%
2022 -21.19% -16.1%
2021 1.79% 8.95%
2020 9.16% 10.65%
2019 18.99% 21.71%
2018 -16.05% -14.45%
2017 24.79% 27.42%
2016 2.62% 4.75%
2015 -4.89% -4.2%
2014 -5.48% -4.76%
2013 12.86% 14.56%
2012 13.12% 15.09%

Vanguard Total International Stock Etf: Average Annualized Returns

Annualized returns show the average rate of growth per year, making it easier to compare performance across different time periods. While nominal returns indicate the headline growth, adjusting for inflation reveals the actual change in purchasing power.

This table presents both nominal and inflation-adjusted average annual returns for the Vanguard Total International Stock over various trailing periods ending May 31, 2026, offering a clearer view of long-term, real investment performance.

Period Avg. Annual Return (Inflation-Adjusted) Avg. Annual Return (Nominal)
Last 1 year 27.2% 32.6%
Last 3 years 16.61% 20.44%
Last 5 years 4.04% 8.7%
Last 10 years 6.24% 9.84%

Real Returns of Investing in the Vanguard Total International Stock

The chart and table below show the nominal and inflation-adjusted value of a hypothetical $100 investment over various long-term historical periods, ending in September 2025.

The inflation-adjusted line, in green, represents the real increase in purchasing power for the initial investment. Observe the gap between both lines, which illustrates the cumulative effect of inflation over time.

Even over just five years, inflation takes a noticeable bite out of investments. Investing $100 in the Vanguard Total International Stock five years ago yielded an 37.2% nominal gain, but the real return (the actual increase in buying power) was 11.1%.

As investment periods get longer, the difference between reported nominal returns and the inflation-adjusted gains usually becomes much greater due to the compounding effect of inflation over time.

Investment Period What $100 Grew To (Nominal) Total Nominal Return (%) Total Inflation-Adjusted Return (%)
Last 5 years Feb 2021 - Sep 2025 $137.2 37.2% 11.1%
Last 10 years Feb 2016 - Sep 2025 $234.62 134.62% 71.28%

About the Vanguard Total International Stock ETF

The Vanguard Total International Stock ETF (VXUS) is an exchange-traded fund that seeks to track the performance of the FTSE Global All Cap ex US Index. Launched in January 2011, VXUS offers investors broad exposure to international stocks across developed and emerging markets. It includes small, mid, and large-cap stocks from Europe, the Pacific region, and emerging markets, providing a comprehensive non-US equity investment option.

Last Close
Jun 12, 2026
85.68
Highest
Jun 2, 2026
86.96
Highest, Inflation-Adjusted
Jun 2, 2026
86.96
Annualized return
Since Jan 28, 2011
6.32%
Annualized return, Inflation-Adjusted
Since Jan 28, 2011
3.45%