^SP600 vs. VGIT
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
| ^SP600 | VGIT | |
|---|---|---|
| YTD Return | 5.04% | 0.68% |
| 1Y Return | 9.59% | 3.63% |
| 3Y Return (Ann) | 1.65% | -2.64% |
| 5Y Return (Ann) | 7.57% | -0.01% |
| 10Y Return (Ann) | 7.71% | 1.18% |
| Sharpe Ratio | 0.51 | 0.65 |
| Daily Std Dev | 18.83% | 5.39% |
| Max Drawdown | -59.17% | -16.05% |
| Current Drawdown | -5.54% | -9.29% |
Correlation
The correlation between ^SP600 and VGIT is -0.25. 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.
Performance
^SP600 vs. VGIT - Performance Comparison
In the year-to-date period, ^SP600 achieves a 5.04% return, which is significantly higher than VGIT's 0.68% return. Over the past 10 years, ^SP600 has outperformed VGIT with an annualized return of 7.71%, while VGIT has yielded a comparatively lower 1.18% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
^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.
Drawdowns
^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%. Use the drawdown chart below to compare losses from any high point for ^SP600 and VGIT. For additional features, visit the drawdowns tool.
Volatility
^SP600 vs. VGIT - Volatility Comparison
S&P 600 (^SP600) has a higher volatility of 6.29% compared to Vanguard Intermediate-Term Treasury ETF (VGIT) at 1.16%. 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.