USMIX vs. USATX
Compare and contrast key facts about USAA Extended Market Index Fund (USMIX) and USAA Tax Exempt Intermediate Term Fund (USATX).
USMIX is managed by Victory. It was launched on Oct 27, 2000. USATX is managed by Victory. It was launched on Mar 18, 1982.
Performance
USMIX vs. USATX - Performance Comparison
Loading graphics...
USMIX vs. USATX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USMIX USAA Extended Market Index Fund | -2.95% | 10.44% | 11.99% | 25.81% | -24.04% | 15.29% | 31.20% | 27.93% | -9.71% | 17.72% |
USATX USAA Tax Exempt Intermediate Term Fund | -0.32% | 4.75% | 2.89% | 5.30% | -8.12% | 2.06% | 4.91% | 7.03% | 1.25% | 5.77% |
Returns By Period
In the year-to-date period, USMIX achieves a -2.95% return, which is significantly lower than USATX's -0.32% return. Over the past 10 years, USMIX has outperformed USATX with an annualized return of 10.61%, while USATX has yielded a comparatively lower 2.25% annualized return.
USMIX
- 1D
- -0.91%
- 1M
- -8.33%
- YTD
- -2.95%
- 6M
- -0.80%
- 1Y
- 16.18%
- 3Y*
- 12.62%
- 5Y*
- 4.03%
- 10Y*
- 10.61%
USATX
- 1D
- 0.16%
- 1M
- -2.27%
- YTD
- -0.32%
- 6M
- 1.19%
- 1Y
- 4.11%
- 3Y*
- 3.42%
- 5Y*
- 1.13%
- 10Y*
- 2.25%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
USMIX vs. USATX - Expense Ratio Comparison
USMIX has a 0.38% expense ratio, which is lower than USATX's 0.49% expense ratio.
Return for Risk
USMIX vs. USATX — Risk / Return Rank
USMIX
USATX
USMIX vs. USATX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Extended Market Index Fund (USMIX) and USAA Tax Exempt Intermediate Term Fund (USATX). 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.
| USMIX | USATX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.75 | 0.84 | -0.09 |
Sortino ratioReturn per unit of downside risk | 1.19 | 1.13 | +0.06 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.31 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 0.97 | 0.96 | +0.01 |
Martin ratioReturn relative to average drawdown | 3.97 | 3.90 | +0.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| USMIX | USATX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.75 | 0.84 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | 0.31 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.62 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 1.12 | -0.77 |
Correlation
The correlation between USMIX and USATX is -0.09. 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.
Dividends
USMIX vs. USATX - Dividend Comparison
USMIX's dividend yield for the trailing twelve months is around 6.67%, more than USATX's 3.45% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USMIX USAA Extended Market Index Fund | 6.67% | 6.47% | 14.41% | 4.41% | 8.78% | 17.98% | 3.32% | 3.18% | 6.48% | 7.48% | 7.07% | 8.02% |
USATX USAA Tax Exempt Intermediate Term Fund | 3.45% | 3.71% | 3.89% | 2.95% | 2.97% | 2.33% | 2.91% | 2.87% | 3.04% | 3.15% | 3.23% | 3.26% |
Drawdowns
USMIX vs. USATX - Drawdown Comparison
The maximum USMIX drawdown since its inception was -57.91%, which is greater than USATX's maximum drawdown of -12.72%. Use the drawdown chart below to compare losses from any high point for USMIX and USATX.
Loading graphics...
Drawdown Indicators
| USMIX | USATX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.91% | -12.72% | -45.19% |
Max Drawdown (1Y)Largest decline over 1 year | -14.21% | -4.92% | -9.29% |
Max Drawdown (5Y)Largest decline over 5 years | -37.86% | -12.52% | -25.34% |
Max Drawdown (10Y)Largest decline over 10 years | -41.86% | -12.52% | -29.34% |
Current DrawdownCurrent decline from peak | -9.97% | -2.27% | -7.70% |
Average DrawdownAverage peak-to-trough decline | -12.06% | -1.90% | -10.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.47% | 1.21% | +2.26% |
Volatility
USMIX vs. USATX - Volatility Comparison
USAA Extended Market Index Fund (USMIX) has a higher volatility of 5.54% compared to USAA Tax Exempt Intermediate Term Fund (USATX) at 0.77%. This indicates that USMIX's price experiences larger fluctuations and is considered to be riskier than USATX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| USMIX | USATX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.54% | 0.77% | +4.77% |
Volatility (6M)Calculated over the trailing 6-month period | 12.32% | 1.39% | +10.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.64% | 5.59% | +16.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.96% | 3.71% | +21.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.63% | 3.66% | +19.97% |