VBMPX vs. VITAX

Last updated Jun 24, 2026

VBMPX (Vanguard Total Bond Market Index Fund Institutional Plus Shares) and VITAX (Vanguard Information Technology Index Fund Admiral Shares) are both mutual funds - VBMPX is a Total Bond Market fund managed by Vanguard, while VITAX is a Technology Equities fund tracking the MSCI US Investable Market Information Technology 25/50 Index. Over the past 10 years, VBMPX returned 1.50%/yr vs 25.96%/yr for VITAX. At a correlation of -0.13, they often move in opposite directions. VBMPX charges 0.03%/yr vs 0.09%/yr for VITAX.

Performance

VBMPX vs. VITAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Bond Market Index Fund Institutional Plus Shares (VBMPX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VBMPX achieves a 0.12% return, which is significantly lower than VITAX's 28.08% return. Over the past 10 years, VBMPX has underperformed VITAX with an annualized return of 1.50%, while VITAX has yielded a comparatively higher 25.96% annualized return.

VBMPX

• 1D: -0.31%
• 1M: 0.66%
• YTD: 0.12%
• 6M: 0.45%
• 1Y: 4.16%
• 3Y*: 3.95%
• 5Y*: 0.04%
• 10Y*: 1.50%

VITAX

• 1D: 0.31%
• 1M: 4.14%
• YTD: 28.08%
• 6M: 26.17%
• 1Y: 52.48%
• 3Y*: 31.76%
• 5Y*: 20.58%
• 10Y*: 25.96%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VBMPX vs. VITAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VBMPX Vanguard Total Bond Market Index Fund Institutional Plus Shares	0.12%	7.18%	1.27%	5.75%	-13.14%	-1.95%	7.75%	8.74%	-0.24%	3.58%
VITAX Vanguard Information Technology Index Fund Admiral Shares	28.08%	21.78%	29.26%	52.69%	-29.67%	30.36%	45.93%	48.72%	2.51%	37.07%

Correlation

The correlation between VBMPX and VITAX is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (10Y) Calculated over the trailing 10-year period	0.00
Correlation (All Time) Calculated using the full available price history since Feb 5, 2010	-0.13

The correlation between VBMPX and VITAX shifts across timeframes, from -0.13 (all time) to 0.17 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

VBMPX vs. VITAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VBMPX

VBMPX Risk / Return Rank: 18
VBMPX Sharpe Ratio Rank: 18
VBMPX Sortino Ratio Rank: 19
VBMPX Omega Ratio Rank: 17
VBMPX Calmar Ratio Rank: 20
VBMPX Martin Ratio Rank: 17

VITAX

VITAX Risk / Return Rank: 66
VITAX Sharpe Ratio Rank: 80
VITAX Sortino Ratio Rank: 60
VITAX Omega Ratio Rank: 62
VITAX Calmar Ratio Rank: 77
VITAX Martin Ratio Rank: 53

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VBMPX vs. VITAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market Index Fund Institutional Plus Shares (VBMPX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX). 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.

	VBMPX	VITAX	Difference
Sharpe ratio: Return per unit of total volatility	1.12	2.41	-1.29
Sortino ratio: Return per unit of downside risk	1.69	2.98	-1.29
Omega ratio: Gain probability vs. loss probability	1.20	1.40	-0.20
Calmar ratio: Return relative to maximum drawdown	1.52	3.31	-1.79
Martin ratio: Return relative to average drawdown	4.31	10.14	-5.83

VBMPX vs. VITAX - Sharpe Ratio Comparison

The current VBMPX Sharpe Ratio is 1.12, which is lower than the VITAX Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of VBMPX and VITAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VBMPX vs. VITAX - Drawdown Comparison

The maximum VBMPX drawdown since its inception was -18.90%, smaller than the maximum VITAX drawdown of -54.81%. Use the drawdown chart below to compare losses from any high point for VBMPX and VITAX.

Drawdown Indicators

	VBMPX	VITAX	Difference
Max Drawdown Largest peak-to-trough decline	-18.90%	-54.81%	+35.91%
Max Drawdown (1Y) Largest decline over 1 year	-2.89%	-16.38%	+13.49%
Max Drawdown (3Y) Largest decline over 3 years	-5.99%	-27.38%	+21.39%
Max Drawdown (5Y) Largest decline over 5 years	-18.12%	-35.10%	+16.98%
Max Drawdown (10Y) Largest decline over 10 years	-18.90%	-35.10%	+16.20%
Current Drawdown Current decline from peak	-2.54%	-4.17%	+1.63%
Average Drawdown Average peak-to-trough decline	-3.53%	-8.01%	+4.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.02%	5.34%	-4.32%

Volatility

VBMPX vs. VITAX - Volatility Comparison

The current volatility for Vanguard Total Bond Market Index Fund Institutional Plus Shares (VBMPX) is 1.17%, while Vanguard Information Technology Index Fund Admiral Shares (VITAX) has a volatility of 10.67%. This indicates that VBMPX experiences smaller price fluctuations and is considered to be less risky than VITAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VBMPX	VITAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.17%	10.67%	-9.50%
Volatility (6M) Calculated over the trailing 6-month period	2.88%	18.29%	-15.41%
Volatility (1Y) Calculated over the trailing 1-year period	3.92%	22.54%	-18.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.02%	25.71%	-19.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.99%	25.02%	-20.03%

VBMPX vs. VITAX - Expense Ratio Comparison

VBMPX has a 0.03% expense ratio, which is lower than VITAX's 0.09% 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%.

Dividends

VBMPX vs. VITAX - Dividend Comparison

VBMPX's dividend yield for the trailing twelve months is around 4.01%, more than VITAX's 0.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VBMPX Vanguard Total Bond Market Index Fund Institutional Plus Shares	4.01%	3.88%	3.69%	3.11%	2.61%	1.81%	2.41%	2.75%	2.58%	2.58%	2.55%	2.85%
VITAX Vanguard Information Technology Index Fund Admiral Shares	0.32%	0.40%	0.60%	0.65%	0.91%	0.63%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both VBMPX and VITAX in my portfolio?

VBMPX and VITAX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VBMPX or VITAX?

VITAX has higher volatility (10.67%) compared to VBMPX (1.17%). In terms of maximum drawdown, VBMPX dropped -18.90% vs VITAX's -54.81%.

Which has better risk-adjusted returns?

VITAX currently has the higher Sharpe Ratio (2.41 vs 1.12), 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.