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^SP600 vs. VGIT

Last updated Feb 24, 2024

Compare and contrast key facts about S&P 600 (^SP600) and Vanguard Intermediate-Term Treasury ETF (VGIT).

VGIT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 3-10 Year Government Float Adjusted Index. It was launched on Nov 19, 2009.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SP600 or VGIT.

Key characteristics


^SP600VGIT
YTD Return-1.73%-1.70%
1Y Return3.05%2.67%
3Y Return (Ann)0.18%-3.26%
5Y Return (Ann)5.59%0.34%
10Y Return (Ann)6.99%1.05%
Sharpe Ratio0.180.42
Daily Std Dev20.31%6.66%
Max Drawdown-59.17%-16.05%
Current Drawdown-11.63%-11.43%

Correlation

-0.27
-1.001.00

The correlation between ^SP600 and VGIT is -0.27. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

^SP600 vs. VGIT - Performance Comparison

The year-to-date returns for both investments are quite close, with ^SP600 having a -1.73% return and VGIT slightly higher at -1.70%. Over the past 10 years, ^SP600 has outperformed VGIT with an annualized return of 6.99%, while VGIT has yielded a comparatively lower 1.05% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%SeptemberOctoberNovemberDecember2024February
8.26%
2.38%
^SP600
VGIT

Compare stocks, funds, or ETFs


S&P 600

Vanguard Intermediate-Term Treasury ETF

^SP600 vs. VGIT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P 600 (^SP600) and Vanguard Intermediate-Term Treasury ETF (VGIT). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
^SP600
S&P 600
0.18
VGIT
Vanguard Intermediate-Term Treasury ETF
0.40

^SP600 vs. VGIT - Sharpe Ratio Comparison

The current ^SP600 Sharpe Ratio is 0.18, which is lower than the VGIT Sharpe Ratio of 0.40. The chart below compares the 12-month rolling Sharpe Ratio of ^SP600 and VGIT.


Rolling 12-month Sharpe Ratio-0.40-0.200.000.200.400.600.80SeptemberOctoberNovemberDecember2024February
0.18
0.40
^SP600
VGIT

^SP600 vs. VGIT - Drawdown Comparison

The maximum ^SP600 drawdown since its inception was -59.17%, which is greater than VGIT's maximum drawdown of -16.05%. The drawdown chart below compares losses from any high point along the way for ^SP600 and VGIT


-25.00%-20.00%-15.00%-10.00%SeptemberOctoberNovemberDecember2024February
-11.63%
-11.43%
^SP600
VGIT

^SP600 vs. VGIT - Volatility Comparison

S&P 600 (^SP600) has a higher volatility of 6.86% compared to Vanguard Intermediate-Term Treasury ETF (VGIT) at 1.90%. This indicates that ^SP600's price experiences larger fluctuations and is considered to be riskier than VGIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%SeptemberOctoberNovemberDecember2024February
6.86%
1.90%
^SP600
VGIT