VBTIX vs. VTSPX
Compare and contrast key facts about Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) and Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX).
VBTIX is managed by Vanguard. It was launched on Sep 18, 1995. VTSPX is managed by Vanguard. It was launched on Oct 17, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VBTIX or VTSPX.
Key characteristics
| VBTIX | VTSPX | |
|---|---|---|
| YTD Return | 1.37% | 4.34% |
| 1Y Return | 7.85% | 6.28% |
| 3Y Return (Ann) | -2.40% | 1.93% |
| 5Y Return (Ann) | -0.28% | 3.40% |
| 10Y Return (Ann) | 1.36% | 2.35% |
| Sharpe Ratio | 1.36 | 3.13 |
| Sortino Ratio | 2.02 | 5.20 |
| Omega Ratio | 1.24 | 1.70 |
| Calmar Ratio | 0.50 | 4.08 |
| Martin Ratio | 4.71 | 24.29 |
| Ulcer Index | 1.67% | 0.26% |
| Daily Std Dev | 5.79% | 2.04% |
| Max Drawdown | -19.01% | -5.35% |
| Current Drawdown | -9.20% | -0.71% |
Correlation
The correlation between VBTIX and VTSPX is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VBTIX vs. VTSPX - Performance Comparison
In the year-to-date period, VBTIX achieves a 1.37% return, which is significantly lower than VTSPX's 4.34% return. Over the past 10 years, VBTIX has underperformed VTSPX with an annualized return of 1.36%, while VTSPX has yielded a comparatively higher 2.35% annualized return. 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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VBTIX vs. VTSPX - Expense Ratio Comparison
VBTIX has a 0.04% expense ratio, which is lower than VTSPX's 0.04% 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
VBTIX vs. VTSPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) and Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX). 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
VBTIX vs. VTSPX - Dividend Comparison
VBTIX's dividend yield for the trailing twelve months is around 3.61%, more than VTSPX's 2.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBTIX Vanguard Total Bond Market Index Fund Institutional Shares | 3.61% | 3.12% | 2.54% | 1.91% | 2.25% | 2.74% | 2.78% | 2.53% | 2.49% | 2.51% | 2.57% | 2.56% |
VTSPX Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares | 2.91% | 2.86% | 6.84% | 4.69% | 1.21% | 1.96% | 2.47% | 1.52% | 0.80% | 0.00% | 0.85% | 0.06% |
Drawdowns
VBTIX vs. VTSPX - Drawdown Comparison
The maximum VBTIX drawdown since its inception was -19.01%, which is greater than VTSPX's maximum drawdown of -5.35%. Use the drawdown chart below to compare losses from any high point for VBTIX and VTSPX. For additional features, visit the drawdowns tool.
Volatility
VBTIX vs. VTSPX - Volatility Comparison
Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) has a higher volatility of 1.77% compared to Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX) at 0.49%. This indicates that VBTIX's price experiences larger fluctuations and is considered to be riskier than VTSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.