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BIRIX vs. VITPX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

BIRIX vs. VITPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Sustainable Advantage Large Cap Core Fund (BIRIX) and Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares (VITPX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BIRIX achieves a 12.54% return, which is significantly higher than VITPX's 11.14% return. Both investments have delivered pretty close results over the past 10 years, with BIRIX having a 15.53% annualized return and VITPX not far behind at 15.10%.


BIRIX

1D
-0.67%
1M
4.85%
YTD
12.54%
6M
12.56%
1Y
31.40%
3Y*
22.45%
5Y*
12.95%
10Y*
15.53%

VITPX

1D
-0.76%
1M
4.07%
YTD
11.14%
6M
10.88%
1Y
28.14%
3Y*
22.61%
5Y*
13.02%
10Y*
15.10%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BIRIX vs. VITPX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BIRIX
BlackRock Sustainable Advantage Large Cap Core Fund
12.54%18.97%21.83%25.55%-19.73%28.16%22.41%31.19%-5.94%20.95%
VITPX
Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares
11.14%17.17%25.43%26.01%-19.48%25.76%20.95%30.87%-5.59%20.51%

Correlation

The correlation between BIRIX and VITPX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.99

Correlation (3Y)
Calculated over the trailing 3-year period

0.97

Correlation (5Y)
Calculated over the trailing 5-year period

0.98

Correlation (10Y)
Calculated over the trailing 10-year period

0.99

Correlation (All Time)
Calculated using the full available price history since Jan 5, 2016

0.99

The correlation between BIRIX and VITPX has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.

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Return for Risk

BIRIX vs. VITPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BIRIX
BIRIX Risk / Return Rank: 7979
Overall Rank
BIRIX Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
BIRIX Sortino Ratio Rank: 7373
Sortino Ratio Rank
BIRIX Omega Ratio Rank: 7070
Omega Ratio Rank
BIRIX Calmar Ratio Rank: 8282
Calmar Ratio Rank
BIRIX Martin Ratio Rank: 9090
Martin Ratio Rank

VITPX
VITPX Risk / Return Rank: 6464
Overall Rank
VITPX Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
VITPX Sortino Ratio Rank: 5757
Sortino Ratio Rank
VITPX Omega Ratio Rank: 5656
Omega Ratio Rank
VITPX Calmar Ratio Rank: 6868
Calmar Ratio Rank
VITPX Martin Ratio Rank: 7878
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BIRIX vs. VITPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Sustainable Advantage Large Cap Core Fund (BIRIX) and Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares (VITPX). 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.


BIRIXVITPXDifference
Sharpe ratioReturn per unit of total volatility

+0.28

Sortino ratioReturn per unit of downside risk

+0.38

Omega ratioGain probability vs. loss probability

1.46

1.42

+0.04

Calmar ratioReturn relative to maximum drawdown

3.74

3.17

+0.57

Martin ratioReturn relative to average drawdown

17.87

14.64

+3.23

BIRIX vs. VITPX - Sharpe Ratio Comparison

The current BIRIX Sharpe Ratio is 2.60, which is comparable to the VITPX Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of BIRIX and VITPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


BIRIXVITPXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.60

2.32

+0.28

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.70

0.75

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.82

0.82

-0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.82

0.50

+0.31

Drawdowns

BIRIX vs. VITPX - Drawdown Comparison

The maximum BIRIX drawdown since its inception was -34.67%, smaller than the maximum VITPX drawdown of -55.28%. Use the drawdown chart below to compare losses from any high point for BIRIX and VITPX.


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Drawdown Indicators


BIRIXVITPXDifference

Max Drawdown

Largest peak-to-trough decline

-34.67%

-55.28%

+20.61%

Max Drawdown (1Y)

Largest decline over 1 year

-8.46%

-8.92%

+0.46%

Max Drawdown (3Y)

Largest decline over 3 years

-20.97%

-19.35%

-1.62%

Max Drawdown (5Y)

Largest decline over 5 years

-25.88%

-25.31%

-0.57%

Max Drawdown (10Y)

Largest decline over 10 years

-34.67%

-34.99%

+0.32%

Current Drawdown

Current decline from peak

-0.67%

-0.76%

+0.09%

Average Drawdown

Average peak-to-trough decline

-4.95%

-8.02%

+3.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.77%

1.93%

-0.16%

Volatility

BIRIX vs. VITPX - Volatility Comparison

BlackRock Sustainable Advantage Large Cap Core Fund (BIRIX) and Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares (VITPX) have volatilities of 3.12% and 3.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BIRIXVITPXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.12%

3.05%

+0.07%

Volatility (6M)

Calculated over the trailing 6-month period

9.27%

9.20%

+0.07%

Volatility (1Y)

Calculated over the trailing 1-year period

12.19%

12.22%

-0.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.57%

17.35%

+1.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.05%

18.41%

+0.64%

BIRIX vs. VITPX - Expense Ratio Comparison

BIRIX has a 0.48% expense ratio, which is higher than VITPX's 0.02% expense ratio.


Dividends

BIRIX vs. VITPX - Dividend Comparison

BIRIX's dividend yield for the trailing twelve months is around 5.79%, more than VITPX's 2.26% yield.


PositionTTM20252024202320222021202020192018201720162015
BIRIX
BlackRock Sustainable Advantage Large Cap Core Fund
5.79%6.51%15.58%1.01%1.22%5.79%3.69%2.95%8.26%4.89%2.78%0.00%
VITPX
Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares
2.26%2.64%4.14%2.41%6.48%5.38%11.57%2.91%3.93%1.90%2.80%2.30%

Frequently Asked Questions


With a correlation of 0.99, BIRIX and VITPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

BIRIX has higher volatility (3.12%) compared to VITPX (3.05%). In terms of maximum drawdown, BIRIX dropped -34.67% vs VITPX's -55.28%.

BIRIX currently has the higher Sharpe Ratio (2.60 vs 2.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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