ORDNX vs. VTIP
Compare and contrast key facts about North Square Preferred and Income Securities Fund (ORDNX) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP).
ORDNX is managed by North Square. It was launched on Jun 28, 2013. 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: ORDNX or VTIP.
Correlation
The correlation between ORDNX and VTIP is 0.07, 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
ORDNX vs. VTIP - Performance Comparison
Key characteristics
ORDNX:
3.07
VTIP:
3.93
ORDNX:
4.03
VTIP:
6.48
ORDNX:
1.79
VTIP:
1.91
ORDNX:
0.73
VTIP:
7.65
ORDNX:
11.06
VTIP:
26.37
ORDNX:
0.89%
VTIP:
0.28%
ORDNX:
3.20%
VTIP:
1.91%
ORDNX:
-34.38%
VTIP:
-6.27%
ORDNX:
-4.87%
VTIP:
-0.08%
Returns By Period
In the year-to-date period, ORDNX achieves a 0.81% return, which is significantly lower than VTIP's 3.51% return. Over the past 10 years, ORDNX has outperformed VTIP with an annualized return of 7.88%, while VTIP has yielded a comparatively lower 2.83% annualized return.
ORDNX
0.81%
-0.61%
0.16%
9.67%
8.61%
7.88%
VTIP
3.51%
0.52%
3.85%
7.56%
4.04%
2.83%
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ORDNX vs. VTIP - Expense Ratio Comparison
ORDNX has a 1.27% expense ratio, which is higher than VTIP's 0.04% expense ratio.
Risk-Adjusted Performance
ORDNX vs. VTIP — Risk-Adjusted Performance Rank
ORDNX
VTIP
ORDNX vs. VTIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for North Square Preferred and Income Securities Fund (ORDNX) 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
ORDNX vs. VTIP - Dividend Comparison
ORDNX's dividend yield for the trailing twelve months is around 4.34%, more than VTIP's 2.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ORDNX North Square Preferred and Income Securities Fund | 4.34% | 4.29% | 5.73% | 3.61% | 0.88% | 1.06% | 1.21% | 1.63% | 1.19% | 1.60% | 1.46% | 1.41% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 2.76% | 2.70% | 3.36% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% |
Drawdowns
ORDNX vs. VTIP - Drawdown Comparison
The maximum ORDNX drawdown since its inception was -34.38%, which is greater than VTIP's maximum drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for ORDNX and VTIP. For additional features, visit the drawdowns tool.
Volatility
ORDNX vs. VTIP - Volatility Comparison
North Square Preferred and Income Securities Fund (ORDNX) has a higher volatility of 1.81% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 1.09%. This indicates that ORDNX'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.