NAESX vs. VSMAX
Compare and contrast key facts about Vanguard Small Cap Index Fund (NAESX) and Vanguard Small-Cap Index Fund Admiral Shares (VSMAX).
NAESX is managed by Vanguard. It was launched on Oct 3, 1960. VSMAX is managed by Vanguard. It was launched on Nov 13, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NAESX or VSMAX.
Performance
NAESX vs. VSMAX - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with NAESX having a 20.02% return and VSMAX slightly higher at 20.15%. Both investments have delivered pretty close results over the past 10 years, with NAESX having a 9.56% annualized return and VSMAX not far ahead at 9.70%.
NAESX
20.02%
6.55%
15.86%
33.80%
11.16%
9.56%
VSMAX
20.15%
6.56%
15.93%
33.95%
11.31%
9.70%
Key characteristics
| NAESX | VSMAX | |
|---|---|---|
| Sharpe Ratio | 2.02 | 2.03 |
| Sortino Ratio | 2.81 | 2.82 |
| Omega Ratio | 1.35 | 1.35 |
| Calmar Ratio | 2.00 | 2.04 |
| Martin Ratio | 11.08 | 11.17 |
| Ulcer Index | 3.13% | 3.11% |
| Daily Std Dev | 17.16% | 17.12% |
| Max Drawdown | -59.77% | -59.68% |
| Current Drawdown | -0.95% | -0.95% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NAESX vs. VSMAX - Expense Ratio Comparison
NAESX has a 0.17% expense ratio, which is higher than VSMAX's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between NAESX and VSMAX is 1.00, 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.
Risk-Adjusted Performance
NAESX vs. VSMAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Small Cap Index Fund (NAESX) and Vanguard Small-Cap Index Fund Admiral Shares (VSMAX). 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
NAESX vs. VSMAX - Dividend Comparison
NAESX's dividend yield for the trailing twelve months is around 1.20%, less than VSMAX's 1.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NAESX Vanguard Small Cap Index Fund | 1.20% | 1.44% | 1.41% | 1.12% | 1.05% | 1.28% | 1.53% | 1.24% | 1.39% | 1.35% | 1.27% | 1.17% |
VSMAX Vanguard Small-Cap Index Fund Admiral Shares | 1.30% | 1.55% | 1.54% | 1.24% | 1.14% | 1.39% | 1.67% | 1.35% | 1.49% | 1.48% | 1.43% | 1.31% |
Drawdowns
NAESX vs. VSMAX - Drawdown Comparison
The maximum NAESX drawdown since its inception was -59.77%, roughly equal to the maximum VSMAX drawdown of -59.68%. Use the drawdown chart below to compare losses from any high point for NAESX and VSMAX. For additional features, visit the drawdowns tool.
Volatility
NAESX vs. VSMAX - Volatility Comparison
Vanguard Small Cap Index Fund (NAESX) and Vanguard Small-Cap Index Fund Admiral Shares (VSMAX) have volatilities of 5.62% and 5.62%, 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.