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^SP600 vs. VIS

Last updated Feb 24, 2024

Compare and contrast key facts about S&P 600 (^SP600) and Vanguard Industrials ETF (VIS).

VIS is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Industrials 25/50 Index. It was launched on Sep 23, 2004.

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

Key characteristics


^SP600VIS
YTD Return-1.73%5.11%
1Y Return3.05%22.52%
3Y Return (Ann)0.18%10.67%
5Y Return (Ann)5.59%11.92%
10Y Return (Ann)6.99%10.74%
Sharpe Ratio0.181.52
Daily Std Dev20.31%15.18%
Max Drawdown-59.17%-63.51%
Current Drawdown-11.63%0.00%

Correlation

0.88
-1.001.00

The correlation between ^SP600 and VIS is 0.88, 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.

^SP600 vs. VIS - Performance Comparison

In the year-to-date period, ^SP600 achieves a -1.73% return, which is significantly lower than VIS's 5.11% return. Over the past 10 years, ^SP600 has underperformed VIS with an annualized return of 6.99%, while VIS has yielded a comparatively higher 10.74% 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%15.00%SeptemberOctoberNovemberDecember2024February
8.26%
14.78%
^SP600
VIS

Compare stocks, funds, or ETFs


S&P 600

Vanguard Industrials ETF

^SP600 vs. VIS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P 600 (^SP600) and Vanguard Industrials ETF (VIS). 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
VIS
Vanguard Industrials ETF
1.52

^SP600 vs. VIS - Sharpe Ratio Comparison

The current ^SP600 Sharpe Ratio is 0.18, which is lower than the VIS Sharpe Ratio of 1.52. The chart below compares the 12-month rolling Sharpe Ratio of ^SP600 and VIS.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50SeptemberOctoberNovemberDecember2024February
0.18
1.52
^SP600
VIS

^SP600 vs. VIS - Drawdown Comparison

The maximum ^SP600 drawdown since its inception was -59.17%, smaller than the maximum VIS drawdown of -63.51%. The drawdown chart below compares losses from any high point along the way for ^SP600 and VIS


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2024February
-11.63%
0
^SP600
VIS

^SP600 vs. VIS - Volatility Comparison

S&P 600 (^SP600) has a higher volatility of 6.86% compared to Vanguard Industrials ETF (VIS) at 3.97%. This indicates that ^SP600's price experiences larger fluctuations and is considered to be riskier than VIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%SeptemberOctoberNovemberDecember2024February
6.86%
3.97%
^SP600
VIS