CHE vs. VTIP
Compare and contrast key facts about Chemed Corporation (CHE) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP).
VTIP is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Oct 12, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CHE or VTIP.
Key characteristics
CHE | VTIP | |
---|---|---|
YTD Return | -7.36% | 2.74% |
1Y Return | -4.25% | 5.87% |
3Y Return (Ann) | 4.54% | 2.06% |
5Y Return (Ann) | 7.32% | 3.33% |
10Y Return (Ann) | 18.68% | 2.11% |
Sharpe Ratio | -0.20 | 2.61 |
Daily Std Dev | 21.27% | 2.31% |
Max Drawdown | -57.54% | -6.27% |
Current Drawdown | -16.80% | -0.12% |
Correlation
The correlation between CHE and VTIP is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CHE vs. VTIP - Performance Comparison
In the year-to-date period, CHE achieves a -7.36% return, which is significantly lower than VTIP's 2.74% return. Over the past 10 years, CHE has outperformed VTIP with an annualized return of 18.68%, while VTIP has yielded a comparatively lower 2.11% 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
CHE vs. VTIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Chemed Corporation (CHE) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). 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.
Dividends
CHE vs. VTIP - Dividend Comparison
CHE's dividend yield for the trailing twelve months is around 0.30%, less than VTIP's 3.49% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
CHE Chemed Corporation | 0.30% | 0.27% | 0.29% | 0.26% | 0.25% | 0.28% | 0.41% | 0.44% | 0.62% | 0.61% | 0.79% | 0.99% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.49% | 3.36% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% | 0.05% |
Drawdowns
CHE vs. VTIP - Drawdown Comparison
The maximum CHE drawdown since its inception was -57.54%, which is greater than VTIP's maximum drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for CHE and VTIP. For additional features, visit the drawdowns tool.
Volatility
CHE vs. VTIP - Volatility Comparison
Chemed Corporation (CHE) has a higher volatility of 3.77% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 0.38%. This indicates that CHE's price experiences larger fluctuations and is considered to be riskier than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.