^SP400 vs. VIOO
Compare and contrast key facts about S&P 400 (^SP400) and Vanguard S&P Small-Cap 600 ETF (VIOO).
VIOO is a passively managed fund by Vanguard that tracks the performance of the S&P SmallCap 600 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SP400 or VIOO.
Correlation
The correlation between ^SP400 and VIOO is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^SP400 vs. VIOO - Performance Comparison
Key characteristics
^SP400:
0.88
VIOO:
0.58
^SP400:
1.31
VIOO:
0.96
^SP400:
1.16
VIOO:
1.11
^SP400:
1.66
VIOO:
0.96
^SP400:
4.58
VIOO:
3.06
^SP400:
3.05%
VIOO:
3.74%
^SP400:
15.91%
VIOO:
19.76%
^SP400:
-56.32%
VIOO:
-44.15%
^SP400:
-7.85%
VIOO:
-8.24%
Returns By Period
In the year-to-date period, ^SP400 achieves a 12.32% return, which is significantly higher than VIOO's 9.15% return. Over the past 10 years, ^SP400 has underperformed VIOO with an annualized return of 7.92%, while VIOO has yielded a comparatively higher 8.97% annualized return.
^SP400
12.32%
-3.37%
6.56%
12.46%
8.64%
7.92%
VIOO
9.15%
-4.91%
11.40%
9.15%
8.46%
8.97%
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Risk-Adjusted Performance
^SP400 vs. VIOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 400 (^SP400) and Vanguard S&P Small-Cap 600 ETF (VIOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
^SP400 vs. VIOO - Drawdown Comparison
The maximum ^SP400 drawdown since its inception was -56.32%, which is greater than VIOO's maximum drawdown of -44.15%. Use the drawdown chart below to compare losses from any high point for ^SP400 and VIOO. For additional features, visit the drawdowns tool.
Volatility
^SP400 vs. VIOO - Volatility Comparison
The current volatility for S&P 400 (^SP400) is 5.33%, while Vanguard S&P Small-Cap 600 ETF (VIOO) has a volatility of 5.90%. This indicates that ^SP400 experiences smaller price fluctuations and is considered to be less risky than VIOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.