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SPAXX vs. VTI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


SPAXXVTI
YTD Return0.86%26.21%
1Y Return1.27%38.35%
3Y Return (Ann)2.28%8.70%
5Y Return (Ann)1.44%15.34%
10Y Return (Ann)0.78%12.90%
Sharpe Ratio2.273.04
Ulcer Index0.00%1.94%
Daily Std Dev0.79%12.58%
Max Drawdown0.00%-55.45%
Current Drawdown0.00%-0.39%

Correlation

-0.50.00.51.0-0.0

The correlation between SPAXX and VTI is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Performance

SPAXX vs. VTI - Performance Comparison

In the year-to-date period, SPAXX achieves a 0.86% return, which is significantly lower than VTI's 26.21% return. Over the past 10 years, SPAXX has underperformed VTI with an annualized return of 0.78%, while VTI has yielded a comparatively higher 12.90% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember0
13.59%
SPAXX
VTI

Compare stocks, funds, or ETFs

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


SPAXX vs. VTI - Expense Ratio Comparison


VTI
Vanguard Total Stock Market ETF
Expense ratio chart for VTI: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

SPAXX vs. VTI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Government Money Market Fund (SPAXX) and Vanguard Total Stock Market ETF (VTI). 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.


SPAXX
Sharpe ratio
The chart of Sharpe ratio for SPAXX, currently valued at 1.75, compared to the broader market0.002.004.001.75
Sortino ratio
No data
VTI
Sharpe ratio
The chart of Sharpe ratio for VTI, currently valued at 2.83, compared to the broader market0.002.004.002.83
Sortino ratio
The chart of Sortino ratio for VTI, currently valued at 3.77, compared to the broader market0.005.0010.003.77
Omega ratio
The chart of Omega ratio for VTI, currently valued at 1.53, compared to the broader market1.002.003.004.001.53
Calmar ratio
The chart of Calmar ratio for VTI, currently valued at 4.10, compared to the broader market0.005.0010.0015.0020.004.10
Martin ratio
The chart of Martin ratio for VTI, currently valued at 18.09, compared to the broader market0.0020.0040.0060.0080.00100.0018.09

SPAXX vs. VTI - Sharpe Ratio Comparison

The current SPAXX Sharpe Ratio is 2.27, which is comparable to the VTI Sharpe Ratio of 3.04. The chart below compares the historical Sharpe Ratios of SPAXX and VTI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.75
2.83
SPAXX
VTI

Dividends

SPAXX vs. VTI - Dividend Comparison

SPAXX's dividend yield for the trailing twelve months is around 4.93%, more than VTI's 1.26% yield.


TTM20232022202120202019201820172016201520142013
SPAXX
Fidelity Government Money Market Fund
4.93%4.68%1.30%0.01%0.26%0.98%0.00%0.00%0.00%0.00%0.00%0.00%
VTI
Vanguard Total Stock Market ETF
1.26%1.44%1.67%1.21%1.42%1.78%2.04%1.71%1.92%1.98%1.76%1.74%

Drawdowns

SPAXX vs. VTI - Drawdown Comparison

The maximum SPAXX drawdown since its inception was 0.00%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for SPAXX and VTI. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-0.39%
SPAXX
VTI

Volatility

SPAXX vs. VTI - Volatility Comparison

The current volatility for Fidelity Government Money Market Fund (SPAXX) is 0.00%, while Vanguard Total Stock Market ETF (VTI) has a volatility of 4.06%. This indicates that SPAXX experiences smaller price fluctuations and is considered to be less risky than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember0
4.06%
SPAXX
VTI