VBK vs. VIOO
Compare and contrast key facts about Vanguard Small-Cap Growth ETF (VBK) and Vanguard S&P Small-Cap 600 ETF (VIOO).
VBK and VIOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VBK is a passively managed fund by Vanguard that tracks the performance of the MSCI US Small Cap Growth Index. It was launched on Jan 26, 2004. VIOO is a passively managed fund by Vanguard that tracks the performance of the S&P SmallCap 600 Index. It was launched on Sep 7, 2010. Both VBK and VIOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VBK or VIOO.
Key characteristics
| VBK | VIOO | |
|---|---|---|
| YTD Return | 1.62% | -2.20% |
| 1Y Return | 16.63% | 15.11% |
| 3Y Return (Ann) | -5.04% | -0.38% |
| 5Y Return (Ann) | 6.28% | 7.37% |
| 10Y Return (Ann) | 8.35% | 8.64% |
| Sharpe Ratio | 0.97 | 0.87 |
| Daily Std Dev | 18.49% | 19.40% |
| Max Drawdown | -58.69% | -44.15% |
| Current Drawdown | -18.51% | -8.86% |
Correlation
The correlation between VBK and VIOO is 0.87, 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.
Performance
VBK vs. VIOO - Performance Comparison
In the year-to-date period, VBK achieves a 1.62% return, which is significantly higher than VIOO's -2.20% return. Both investments have delivered pretty close results over the past 10 years, with VBK having a 8.35% annualized return and VIOO not far ahead at 8.64%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VBK vs. VIOO - Expense Ratio Comparison
VBK has a 0.07% expense ratio, which is lower than VIOO'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%.
Risk-Adjusted Performance
VBK vs. VIOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Small-Cap Growth ETF (VBK) and Vanguard S&P Small-Cap 600 ETF (VIOO). 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.
Dividends
VBK vs. VIOO - Dividend Comparison
VBK's dividend yield for the trailing twelve months is around 0.70%, less than VIOO's 1.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBK Vanguard Small-Cap Growth ETF | 0.70% | 0.68% | 0.55% | 0.36% | 0.44% | 0.57% | 0.79% | 0.82% | 1.08% | 0.98% | 1.01% | 0.65% |
VIOO Vanguard S&P Small-Cap 600 ETF | 1.50% | 1.47% | 1.51% | 1.16% | 1.09% | 1.37% | 1.32% | 1.11% | 0.95% | 1.26% | 1.06% | 0.86% |
Drawdowns
VBK vs. VIOO - Drawdown Comparison
The maximum VBK drawdown since its inception was -58.69%, which is greater than VIOO's maximum drawdown of -44.15%. Use the drawdown chart below to compare losses from any high point for VBK and VIOO. For additional features, visit the drawdowns tool.
Volatility
VBK vs. VIOO - Volatility Comparison
Vanguard Small-Cap Growth ETF (VBK) and Vanguard S&P Small-Cap 600 ETF (VIOO) have volatilities of 4.90% and 5.14%, 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.