STGIX vs. VCAIX
STGIX (Virtus Seix Core Bond Fund) and VCAIX (Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares) are both mutual funds - STGIX is a Intermediate Core Bond fund managed by Virtus, while VCAIX is a Municipal Bonds fund actively managed by Vanguard. Over the past 10 years, STGIX returned 0.89%/yr vs 2.02%/yr for VCAIX. Their 0.55 correlation means they have sometimes moved together and sometimes differently. STGIX charges 0.64%/yr vs 0.14%/yr for VCAIX.
Performance
STGIX vs. VCAIX - Performance Comparison
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Returns By Period
In the year-to-date period, STGIX achieves a -1.31% return, which is significantly lower than VCAIX's -0.26% return. Over the past 10 years, STGIX has underperformed VCAIX with an annualized return of 0.89%, while VCAIX has yielded a comparatively higher 2.02% annualized return.
STGIX
- 1D
- -0.33%
- 1M
- -1.62%
- 6M
- -1.39%
- YTD
- -1.31%
- 1Y
- 1.00%
- 3Y*
- 2.81%
- 5Y*
- -1.27%
- 10Y*
- 0.89%
- ALL TIME*
- 4.00%
VCAIX
- 1D
- -0.09%
- 1M
- -1.82%
- 6M
- -1.20%
- YTD
- -0.26%
- 1Y
- 3.82%
- 3Y*
- 3.74%
- 5Y*
- 1.17%
- 10Y*
- 2.02%
- ALL TIME*
- 3.95%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
STGIX vs. VCAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
STGIX Virtus Seix Core Bond Fund | -1.31% | 6.38% | 0.35% | 4.54% | -13.84% | -1.58% | 8.89% | 7.48% | -0.27% | 2.91% |
VCAIX Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares | -0.26% | 5.83% | 2.15% | 5.82% | -6.69% | 0.40% | 4.53% | 6.95% | 1.19% | 4.83% |
Correlation
The correlation between STGIX and VCAIX is 0.65, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.65 |
Correlation (3Y) Balances recent behavior with more history. | 0.66 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.56 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.53 |
Correlation (All Time) Calculated using the full available price history since Mar 4, 1994 | 0.55 |
The correlation between STGIX and VCAIX shifts across timeframes, from 0.53 (10 years) to 0.66 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
STGIX vs. VCAIX — Risk / Return Rank
STGIX
VCAIX
STGIX vs. VCAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Seix Core Bond Fund (STGIX) and Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares (VCAIX). 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.
| STGIX | VCAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.33 | ||
| Sortino ratioReturn per unit of downside risk | -1.88 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.42 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | 1.41 | -0.85 |
| Martin ratioReturn relative to average drawdown | 1.38 | 4.01 | -2.63 |
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Drawdowns
STGIX vs. VCAIX - Drawdown Comparison
The maximum STGIX drawdown since its inception was -18.86%, which is greater than VCAIX's maximum drawdown of -11.22%. Use the drawdown chart below to compare losses from any high point for STGIX and VCAIX.
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Drawdown Indicators
| STGIX | VCAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.86% | -11.22% | -7.64% |
Max Drawdown (1Y)Largest decline over 1 year | -3.12% | -2.98% | -0.14% |
Max Drawdown (3Y)Largest decline over 3 years | -5.37% | -3.88% | -1.49% |
Max Drawdown (5Y)Largest decline over 5 years | -18.38% | -11.22% | -7.16% |
Max Drawdown (10Y)Largest decline over 10 years | -18.86% | -11.22% | -7.64% |
Current DrawdownCurrent decline from peak | -6.83% | -2.38% | -4.45% |
Average DrawdownAverage peak-to-trough decline | -2.80% | -1.36% | -1.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.28% | 1.05% | +0.23% |
Volatility
STGIX vs. VCAIX - Volatility Comparison
Virtus Seix Core Bond Fund (STGIX) has a higher volatility of 1.04% compared to Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares (VCAIX) at 0.80%. This indicates that STGIX's price experiences larger fluctuations and is considered to be riskier than VCAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| STGIX | VCAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.04% | 0.80% | +0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 2.97% | 1.95% | +1.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.78% | 2.36% | +1.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.96% | 3.26% | +2.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.94% | 3.42% | +1.52% |
STGIX vs. VCAIX - Expense Ratio Comparison
STGIX has a 0.64% expense ratio, which is higher than VCAIX's 0.14% expense ratio.
Dividends
STGIX vs. VCAIX - Dividend Comparison
STGIX's dividend yield for the trailing twelve months is around 3.80%, more than VCAIX's 2.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STGIX Virtus Seix Core Bond Fund | 3.80% | 4.01% | 3.38% | 3.23% | 2.74% | 1.23% | 3.09% | 2.00% | 2.29% | 1.92% | 3.76% | 2.67% |
VCAIX Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares | 2.91% | 3.75% | 3.27% | 2.49% | 2.28% | 1.71% | 2.19% | 2.64% | 2.63% | 2.56% | 2.65% | 2.78% |
Frequently Asked Questions
STGIX and VCAIX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STGIX has higher volatility (1.04%) compared to VCAIX (0.80%). In terms of maximum drawdown, STGIX dropped -18.86% vs VCAIX's -11.22%.
VCAIX currently has the higher Sharpe Ratio (1.80 vs 0.47), 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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