VCIFX vs. VCTPX

Last updated Apr 1, 2026

Compare and contrast key facts about Vertical Capital Income Fund (VCIFX) and VALIC Company I Inflation Protected Fund (VCTPX).

VCIFX is managed by VALIC. It was launched on Dec 29, 2011. VCTPX is managed by VALIC. It was launched on Dec 19, 2004.

Performance

VCIFX vs. VCTPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vertical Capital Income Fund (VCIFX) and VALIC Company I Inflation Protected Fund (VCTPX). The values are adjusted to include any dividend payments, if applicable.

VCIFX vs. VCTPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VCIFX Vertical Capital Income Fund	-2.24%	9.15%	-1.00%	5.96%	-16.21%	-5.85%	10.46%	9.56%	-3.14%	8.10%
VCTPX VALIC Company I Inflation Protected Fund	0.73%	4.22%	1.15%	4.03%	-10.23%	5.10%	8.76%	8.66%	-3.13%	4.86%

Returns By Period

In the year-to-date period, VCIFX achieves a -2.24% return, which is significantly lower than VCTPX's 0.73% return. Over the past 10 years, VCIFX has underperformed VCTPX with an annualized return of 0.84%, while VCTPX has yielded a comparatively higher 2.32% annualized return.

VCIFX

• 1D: 0.10%
• 1M: -4.09%
• YTD: -2.24%
• 6M: -1.24%
• 1Y: 4.51%
• 3Y*: 2.95%
• 5Y*: -1.40%
• 10Y*: 0.84%

VCTPX

• 1D: 0.58%
• 1M: -1.27%
• YTD: 0.73%
• 6M: 0.73%
• 1Y: 3.28%
• 3Y*: 2.20%
• 5Y*: 1.23%
• 10Y*: 2.32%

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

VCIFX vs. VCTPX - Expense Ratio Comparison

VCIFX has a 0.69% expense ratio, which is higher than VCTPX's 0.52% expense ratio.

VCIFX

Vertical Capital Income Fund

VCTPX

VALIC Company I Inflation Protected Fund

Return for Risk

VCIFX vs. VCTPX — Risk / Return Rank

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

VCIFX

VCIFX Risk / Return Rank: 44
VCIFX Sharpe Ratio Rank: 46
VCIFX Sortino Ratio Rank: 46
VCIFX Omega Ratio Rank: 33
VCIFX Calmar Ratio Rank: 48
VCIFX Martin Ratio Rank: 45

VCTPX

VCTPX Risk / Return Rank: 46
VCTPX Sharpe Ratio Rank: 52
VCTPX Sortino Ratio Rank: 47
VCTPX Omega Ratio Rank: 42
VCTPX Calmar Ratio Rank: 52
VCTPX Martin Ratio Rank: 40

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.

VCIFX vs. VCTPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vertical Capital Income Fund (VCIFX) and VALIC Company I Inflation Protected Fund (VCTPX). 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.

	VCIFX	VCTPX	Difference
Sharpe ratio Return per unit of total volatility	0.92	0.99	-0.07
Sortino ratio Return per unit of downside risk	1.36	1.39	-0.03
Omega ratio Gain probability vs. loss probability	1.17	1.19	-0.02
Calmar ratio Return relative to maximum drawdown	1.18	1.27	-0.09
Martin ratio Return relative to average drawdown	4.59	4.18	+0.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VCIFX vs. VCTPX - Sharpe Ratio Comparison

The current VCIFX Sharpe Ratio is 0.92, which is comparable to the VCTPX Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of VCIFX and VCTPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VCIFX	VCTPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.92	0.99	-0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.24	0.22	-0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.15	0.48	-0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	0.25	-0.25

Correlation

The correlation between VCIFX and VCTPX is 0.57, 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.

Dividends

VCIFX vs. VCTPX - Dividend Comparison

VCIFX's dividend yield for the trailing twelve months is around 1.85%, less than VCTPX's 2.59% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
VCIFX Vertical Capital Income Fund	1.85%	0.00%	0.00%	3.53%	3.64%	4.00%	1.76%	2.32%	0.93%	0.00%
VCTPX VALIC Company I Inflation Protected Fund	2.59%	0.00%	13.97%	13.35%	8.00%	1.86%	2.20%	1.63%	1.98%	0.39%

Drawdowns

VCIFX vs. VCTPX - Drawdown Comparison

The maximum VCIFX drawdown since its inception was -29.13%, which is greater than VCTPX's maximum drawdown of -17.48%. Use the drawdown chart below to compare losses from any high point for VCIFX and VCTPX.

Drawdown Indicators

	VCIFX	VCTPX	Difference
Max Drawdown Largest peak-to-trough decline	-29.13%	-17.48%	-11.65%
Max Drawdown (1Y) Largest decline over 1 year	-4.19%	-3.45%	-0.74%
Max Drawdown (5Y) Largest decline over 5 years	-25.58%	-12.81%	-12.77%
Max Drawdown (10Y) Largest decline over 10 years	-27.38%	-12.81%	-14.57%
Current Drawdown Current decline from peak	-14.02%	-1.27%	-12.75%
Average Drawdown Average peak-to-trough decline	-14.03%	-5.88%	-8.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.07%	1.04%	+0.03%

Volatility

VCIFX vs. VCTPX - Volatility Comparison

Vertical Capital Income Fund (VCIFX) has a higher volatility of 1.95% compared to VALIC Company I Inflation Protected Fund (VCTPX) at 1.32%. This indicates that VCIFX's price experiences larger fluctuations and is considered to be riskier than VCTPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VCIFX	VCTPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.95%	1.32%	+0.63%
Volatility (6M) Calculated over the trailing 6-month period	2.87%	2.14%	+0.73%
Volatility (1Y) Calculated over the trailing 1-year period	4.92%	3.94%	+0.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.96%	5.61%	+0.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.71%	4.86%	+0.85%