SKLZ vs. VTSAX

Last updated Jun 23, 2026

SKLZ (Skillz Inc.) is a stock, while VTSAX (Vanguard Total Stock Market Index Fund Admiral Shares) is Large Cap Blend Equities fund managed by Vanguard. Over the past 5 years, SKLZ returned -52.93%/yr vs 12.87%/yr for VTSAX. A 0.51 correlation means they provide meaningful diversification when combined.

Performance

SKLZ vs. VTSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Skillz Inc. (SKLZ) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SKLZ achieves a 105.10% return, which is significantly higher than VTSAX's 10.72% return.

SKLZ

• 1D: 6.25%
• 1M: 2.91%
• YTD: 105.10%
• 6M: 84.17%
• 1Y: 39.87%
• 3Y*: -14.10%
• 5Y*: -52.93%
• 10Y*: —

VTSAX

• 1D: 1.14%
• 1M: 0.90%
• YTD: 10.72%
• 6M: 9.93%
• 1Y: 27.56%
• 3Y*: 20.66%
• 5Y*: 12.87%
• 10Y*: 15.06%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SKLZ vs. VTSAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SKLZ Skillz Inc.	105.10%	-14.31%	-19.39%	-38.40%	-93.19%	-62.80%	-12.47%
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares	10.72%	17.12%	23.23%	26.51%	-19.52%	25.72%	0.74%

Correlation

The correlation between SKLZ and VTSAX is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (All Time) Calculated using the full available price history since Dec 18, 2020	0.51

The correlation between SKLZ and VTSAX shifts across timeframes, from 0.38 (1 year) to 0.51 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

SKLZ vs. VTSAX — Risk / Return Rank

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

SKLZ

SKLZ Risk / Return Rank: 67
SKLZ Sharpe Ratio Rank: 47
SKLZ Sortino Ratio Rank: 90
SKLZ Omega Ratio Rank: 90
SKLZ Calmar Ratio Rank: 55
SKLZ Martin Ratio Rank: 53

VTSAX

VTSAX Risk / Return Rank: 65
VTSAX Sharpe Ratio Rank: 63
VTSAX Sortino Ratio Rank: 57
VTSAX Omega Ratio Rank: 58
VTSAX Calmar Ratio Rank: 70
VTSAX Martin Ratio Rank: 80

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.

SKLZ vs. VTSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Skillz Inc. (SKLZ) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX). 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.

	SKLZ	VTSAX	Difference
Sharpe ratio: Return per unit of total volatility	0.15	2.14	-1.99
Sortino ratio: Return per unit of downside risk	3.12	2.90	+0.22
Omega ratio: Gain probability vs. loss probability	1.41	1.38	+0.03
Calmar ratio: Return relative to maximum drawdown	0.54	3.07	-2.53
Martin ratio: Return relative to average drawdown	0.98	13.77	-12.80

SKLZ vs. VTSAX - Sharpe Ratio Comparison

The current SKLZ Sharpe Ratio is 0.15, which is lower than the VTSAX Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of SKLZ and VTSAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SKLZ vs. VTSAX - Drawdown Comparison

The maximum SKLZ drawdown since its inception was -99.74%, which is greater than VTSAX's maximum drawdown of -55.33%. Use the drawdown chart below to compare losses from any high point for SKLZ and VTSAX.

Drawdown Indicators

	SKLZ	VTSAX	Difference
Max Drawdown Largest peak-to-trough decline	-99.74%	-55.33%	-44.41%
Max Drawdown (1Y) Largest decline over 1 year	-74.92%	-8.92%	-66.00%
Max Drawdown (3Y) Largest decline over 3 years	-82.84%	-19.36%	-63.48%
Max Drawdown (5Y) Largest decline over 5 years	-99.49%	-25.36%	-74.13%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.97%	—
Current Drawdown Current decline from peak	-98.99%	-1.13%	-97.86%
Average Drawdown Average peak-to-trough decline	-90.31%	-8.99%	-81.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	41.60%	1.99%	+39.61%

Volatility

SKLZ vs. VTSAX - Volatility Comparison

Skillz Inc. (SKLZ) has a higher volatility of 27.48% compared to Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) at 4.88%. This indicates that SKLZ's price experiences larger fluctuations and is considered to be riskier than VTSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SKLZ	VTSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.48%	4.88%	+22.60%
Volatility (6M) Calculated over the trailing 6-month period	156.02%	10.11%	+145.91%
Volatility (1Y) Calculated over the trailing 1-year period	263.09%	12.80%	+250.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	140.65%	17.45%	+123.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	138.69%	18.45%	+120.24%

Dividends

SKLZ vs. VTSAX - Dividend Comparison

SKLZ has not paid dividends to shareholders, while VTSAX's dividend yield for the trailing twelve months is around 1.01%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SKLZ Skillz Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares	1.01%	1.11%	1.26%	1.42%	1.65%	1.20%	1.41%	1.76%	2.03%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both SKLZ and VTSAX in my portfolio?

SKLZ and VTSAX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SKLZ or VTSAX?

SKLZ has higher volatility (27.48%) compared to VTSAX (4.88%). In terms of maximum drawdown, SKLZ dropped -99.74% vs VTSAX's -55.33%.

Which has better risk-adjusted returns?

VTSAX currently has the higher Sharpe Ratio (2.14 vs 0.15), 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.