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IWV vs. VCPIX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IWV vs. VCPIX

Last updated Jun 14, 2026

IWV (iShares Russell 3000 ETF) and VCPIX (Vanguard Core-Plus Bond Fund Investor Shares) are both funds - IWV is a Large Cap Blend Equities fund tracking the Russell 3000 Index, while VCPIX is a Total Bond Market fund managed by Vanguard. Over the past 3 years, IWV returned 20.32%/yr vs 5.30%/yr for VCPIX. At a 0.22 correlation, their price movements are largely independent. IWV charges 0.20%/yr vs 0.30%/yr for VCPIX.

Performance

IWV vs. VCPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Russell 3000 ETF (IWV) and Vanguard Core-Plus Bond Fund Investor Shares (VCPIX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IWV achieves a 9.30% return, which is significantly higher than VCPIX's 0.73% return.

IWV

1D
0.53%
1M
-0.32%
YTD
9.30%
6M
9.38%
1Y
25.70%
3Y*
20.32%
5Y*
12.07%
10Y*
14.84%

VCPIX

1D
0.47%
1M
0.51%
YTD
0.73%
6M
1.25%
1Y
5.54%
3Y*
5.30%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IWV vs. VCPIX - Yearly Performance Comparison

2026 (YTD)20252024202320222021
IWV
iShares Russell 3000 ETF		9.30%16.96%23.49%25.82%-19.28%7.48%
VCPIX
Vanguard Core-Plus Bond Fund Investor Shares		0.73%8.01%2.83%6.64%-12.68%0.35%

Correlation

The correlation between IWV and VCPIX is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.36

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

0.26

Correlation (All Time)
Calculated using the full available price history since Oct 14, 2021

0.22

The correlation between IWV and VCPIX shifts across timeframes, from 0.22 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Russell 3000 ETF

Vanguard Core-Plus Bond Fund Investor Shares

Often compared with IWV:
IWV vs. SPYIWV vs. VTIIWV vs. IWMIWV vs. ACWXIWV vs. VTHRIWV vs. IVVIWV vs. RSP
Often compared with VCPIX:
VCPIX vs. VCORXVCPIX vs. DODIXVCPIX vs. VBTLXVCPIX vs. USIBXVCPIX vs. ABNFXVCPIX vs. FLDRVCPIX vs. TRBUX

Return for Risk

IWV vs. VCPIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IWV
IWV Risk / Return Rank: 6868
Overall Rank
IWV Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
IWV Sortino Ratio Rank: 6767
Sortino Ratio Rank
IWV Omega Ratio Rank: 6868
Omega Ratio Rank
IWV Calmar Ratio Rank: 6262
Calmar Ratio Rank
IWV Martin Ratio Rank: 7575
Martin Ratio Rank
VCPIX
VCPIX Risk / Return Rank: 4444
Overall Rank
VCPIX Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
VCPIX Sortino Ratio Rank: 5151
Sortino Ratio Rank
VCPIX Omega Ratio Rank: 4646
Omega Ratio Rank
VCPIX Calmar Ratio Rank: 4242
Calmar Ratio Rank
VCPIX Martin Ratio Rank: 3535
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.

IWV vs. VCPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Russell 3000 ETF (IWV) and Vanguard Core-Plus Bond Fund Investor Shares (VCPIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

IWVVCPIXDifference
Sharpe ratioReturn per unit of total volatility
1.94
1.58

+0.35

Sortino ratioReturn per unit of downside risk
2.64
2.36

+0.28

Omega ratioGain probability vs. loss probability

1.35

1.29

+0.06

Calmar ratioReturn relative to maximum drawdown

2.74

2.05

+0.69

Martin ratioReturn relative to average drawdown

12.28

6.44

+5.84

IWV vs. VCPIX - Sharpe Ratio Comparison

The current IWV Sharpe Ratio is 1.94, which is comparable to the VCPIX Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of IWV and VCPIX, 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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Drawdowns

IWV vs. VCPIX - Drawdown Comparison

The maximum IWV drawdown since its inception was -55.61%, which is greater than VCPIX's maximum drawdown of -17.33%. Use the drawdown chart below to compare losses from any high point for IWV and VCPIX.

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Drawdown Indicators

IWVVCPIXDifference

Max Drawdown

Largest peak-to-trough decline

-55.61%

-17.33%

-38.28%

Max Drawdown (1Y)

Largest decline over 1 year

-8.89%

-2.72%

-6.17%

Max Drawdown (3Y)

Largest decline over 3 years

-19.28%

-5.68%

-13.60%

Max Drawdown (5Y)

Largest decline over 5 years

-25.11%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-35.22%

—

—

Current Drawdown

Current decline from peak

-2.09%

-1.01%

-1.08%

Average Drawdown

Average peak-to-trough decline

-10.58%

-6.56%

-4.02%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.98%

0.86%

+1.12%

Volatility

IWV vs. VCPIX - Volatility Comparison

iShares Russell 3000 ETF (IWV) has a higher volatility of 4.44% compared to Vanguard Core-Plus Bond Fund Investor Shares (VCPIX) at 1.22%. This indicates that IWV's price experiences larger fluctuations and is considered to be riskier than VCPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IWVVCPIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.44%

1.22%

+3.22%

Volatility (6M)

Calculated over the trailing 6-month period

9.75%

2.66%

+7.09%

Volatility (1Y)

Calculated over the trailing 1-year period

12.57%

3.52%

+9.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.30%

5.68%

+11.62%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.43%

5.68%

+12.75%

IWV vs. VCPIX - Expense Ratio Comparison

IWV has a 0.20% expense ratio, which is lower than VCPIX's 0.30% expense ratio.

Dividends

IWV vs. VCPIX - Dividend Comparison

IWV's dividend yield for the trailing twelve months is around 0.87%, less than VCPIX's 4.74% yield.

PositionTTM20252024202320222021202020192018201720162015
IWV
iShares Russell 3000 ETF		0.87%0.96%1.08%1.30%1.56%1.04%1.30%1.69%1.97%1.58%1.79%1.99%
VCPIX
Vanguard Core-Plus Bond Fund Investor Shares		4.74%4.76%5.08%4.46%3.15%0.25%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

IWV and VCPIX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IWV has higher volatility (4.44%) compared to VCPIX (1.22%). In terms of maximum drawdown, IWV dropped -55.61% vs VCPIX's -17.33%.

IWV currently has the higher Sharpe Ratio (1.94 vs 1.58), 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.

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