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VBAIX vs. VBIAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VBAIX and VBIAX is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

VBAIX vs. VBIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Balanced Index Fund Institutional Shares (VBAIX) and Vanguard Balanced Index Fund Admiral Shares (VBIAX). The values are adjusted to include any dividend payments, if applicable.

330.00%340.00%350.00%360.00%370.00%380.00%390.00%JulyAugustSeptemberOctoberNovemberDecember
372.65%
366.92%
VBAIX
VBIAX

Key characteristics

Sharpe Ratio

VBAIX:

1.90

VBIAX:

1.90

Sortino Ratio

VBAIX:

2.63

VBIAX:

2.63

Omega Ratio

VBAIX:

1.35

VBIAX:

1.35

Calmar Ratio

VBAIX:

1.89

VBIAX:

1.89

Martin Ratio

VBAIX:

11.81

VBIAX:

11.78

Ulcer Index

VBAIX:

1.35%

VBIAX:

1.36%

Daily Std Dev

VBAIX:

8.40%

VBIAX:

8.41%

Max Drawdown

VBAIX:

-35.82%

VBIAX:

-35.90%

Current Drawdown

VBAIX:

-2.69%

VBIAX:

-2.69%

Returns By Period

The year-to-date returns for both stocks are quite close, with VBAIX having a 14.74% return and VBIAX slightly lower at 14.73%. Both investments have delivered pretty close results over the past 10 years, with VBAIX having a 7.49% annualized return and VBIAX not far behind at 7.48%.


VBAIX

YTD

14.74%

1M

-0.47%

6M

6.59%

1Y

15.10%

5Y*

7.06%

10Y*

7.49%

VBIAX

YTD

14.73%

1M

-0.47%

6M

6.58%

1Y

15.09%

5Y*

7.05%

10Y*

7.48%

Compare stocks, funds, or ETFs

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


VBAIX vs. VBIAX - Expense Ratio Comparison

VBAIX has a 0.06% expense ratio, which is lower than VBIAX's 0.07% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


VBIAX
Vanguard Balanced Index Fund Admiral Shares
Expense ratio chart for VBIAX: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%
Expense ratio chart for VBAIX: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

VBAIX vs. VBIAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Balanced Index Fund Institutional Shares (VBAIX) and Vanguard Balanced Index Fund Admiral Shares (VBIAX). 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.


Sharpe ratio
The chart of Sharpe ratio for VBAIX, currently valued at 1.90, compared to the broader market-1.000.001.002.003.004.001.901.90
The chart of Sortino ratio for VBAIX, currently valued at 2.63, compared to the broader market-2.000.002.004.006.008.0010.002.632.63
The chart of Omega ratio for VBAIX, currently valued at 1.35, compared to the broader market0.501.001.502.002.503.003.501.351.35
The chart of Calmar ratio for VBAIX, currently valued at 1.89, compared to the broader market0.002.004.006.008.0010.0012.0014.001.891.89
The chart of Martin ratio for VBAIX, currently valued at 11.81, compared to the broader market0.0020.0040.0060.0011.8111.78
VBAIX
VBIAX

The current VBAIX Sharpe Ratio is 1.90, which is comparable to the VBIAX Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of VBAIX and VBIAX, 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 Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.90
1.90
VBAIX
VBIAX

Dividends

VBAIX vs. VBIAX - Dividend Comparison

VBAIX's dividend yield for the trailing twelve months is around 1.54%, which matches VBIAX's 1.53% yield.


TTM20232022202120202019201820172016201520142013
VBAIX
Vanguard Balanced Index Fund Institutional Shares
1.54%2.05%1.94%1.39%1.66%2.13%2.32%1.96%2.10%2.10%1.93%1.85%
VBIAX
Vanguard Balanced Index Fund Admiral Shares
1.53%2.04%1.93%1.39%1.66%2.12%2.32%1.95%2.09%2.09%1.92%1.85%

Drawdowns

VBAIX vs. VBIAX - Drawdown Comparison

The maximum VBAIX drawdown since its inception was -35.82%, roughly equal to the maximum VBIAX drawdown of -35.90%. Use the drawdown chart below to compare losses from any high point for VBAIX and VBIAX. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.69%
-2.69%
VBAIX
VBIAX

Volatility

VBAIX vs. VBIAX - Volatility Comparison

Vanguard Balanced Index Fund Institutional Shares (VBAIX) and Vanguard Balanced Index Fund Admiral Shares (VBIAX) have volatilities of 2.85% and 2.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.50%2.00%2.50%3.00%3.50%4.00%JulyAugustSeptemberOctoberNovemberDecember
2.85%
2.86%
VBAIX
VBIAX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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