PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
VBAIX vs. VGT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

VBAIX vs. VGT - Performance Comparison

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

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
9.88%
15.02%
VBAIX
VGT

Returns By Period

In the year-to-date period, VBAIX achieves a 15.28% return, which is significantly lower than VGT's 28.63% return. Over the past 10 years, VBAIX has underperformed VGT with an annualized return of 7.60%, while VGT has yielded a comparatively higher 20.73% annualized return.


VBAIX

YTD

15.28%

1M

1.28%

6M

9.88%

1Y

19.02%

5Y (annualized)

7.60%

10Y (annualized)

7.60%

VGT

YTD

28.63%

1M

2.11%

6M

15.02%

1Y

35.48%

5Y (annualized)

22.76%

10Y (annualized)

20.73%

Key characteristics


VBAIXVGT
Sharpe Ratio2.251.71
Sortino Ratio3.032.24
Omega Ratio1.421.31
Calmar Ratio1.942.36
Martin Ratio13.508.49
Ulcer Index1.44%4.24%
Daily Std Dev8.63%20.98%
Max Drawdown-35.82%-54.63%
Current Drawdown-0.71%-1.01%

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. VGT - Expense Ratio Comparison

VBAIX has a 0.06% expense ratio, which is lower than VGT's 0.10% 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%.


VGT
Vanguard Information Technology ETF
Expense ratio chart for VGT: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%
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%

Correlation

-0.50.00.51.00.9

The correlation between VBAIX and VGT is 0.86, 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.

Risk-Adjusted Performance

VBAIX vs. VGT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Balanced Index Fund Institutional Shares (VBAIX) and Vanguard Information Technology ETF (VGT). 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 2.25, compared to the broader market-1.000.001.002.003.004.005.002.251.71
The chart of Sortino ratio for VBAIX, currently valued at 3.03, compared to the broader market0.005.0010.003.032.24
The chart of Omega ratio for VBAIX, currently valued at 1.42, compared to the broader market1.002.003.004.001.421.31
The chart of Calmar ratio for VBAIX, currently valued at 1.94, compared to the broader market0.005.0010.0015.0020.001.942.36
The chart of Martin ratio for VBAIX, currently valued at 13.50, compared to the broader market0.0020.0040.0060.0080.00100.0013.508.49
VBAIX
VGT

The current VBAIX Sharpe Ratio is 2.25, which is higher than the VGT Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of VBAIX and VGT, 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 Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.25
1.71
VBAIX
VGT

Dividends

VBAIX vs. VGT - Dividend Comparison

VBAIX's dividend yield for the trailing twelve months is around 2.03%, more than VGT's 0.60% yield.


TTM20232022202120202019201820172016201520142013
VBAIX
Vanguard Balanced Index Fund Institutional Shares
2.03%2.05%1.94%1.39%1.66%2.13%2.32%1.96%2.10%2.10%1.93%1.85%
VGT
Vanguard Information Technology ETF
0.60%0.65%0.91%0.64%0.82%1.11%1.29%0.99%1.31%1.28%1.12%1.05%

Drawdowns

VBAIX vs. VGT - Drawdown Comparison

The maximum VBAIX drawdown since its inception was -35.82%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for VBAIX and VGT. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.71%
-1.01%
VBAIX
VGT

Volatility

VBAIX vs. VGT - Volatility Comparison

The current volatility for Vanguard Balanced Index Fund Institutional Shares (VBAIX) is 2.53%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.47%. This indicates that VBAIX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
2.53%
6.47%
VBAIX
VGT