VCMDX vs. VTIP
Compare and contrast key facts about Vanguard Commodity Strategy Fund Admiral Shares (VCMDX) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP).
VCMDX is managed by Vanguard. It was launched on Jun 25, 2019. VTIP is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Oct 12, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VCMDX or VTIP.
Key characteristics
| VCMDX | VTIP | |
|---|---|---|
| YTD Return | 4.98% | 1.17% |
| 1Y Return | 3.73% | 3.45% |
| 3Y Return (Ann) | 7.89% | 2.09% |
| Sharpe Ratio | 0.33 | 1.39 |
| Daily Std Dev | 11.67% | 2.51% |
| Max Drawdown | -26.67% | -6.27% |
| Current Drawdown | -19.07% | 0.00% |
Correlation
The correlation between VCMDX and VTIP is 0.40, 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
VCMDX vs. VTIP - Performance Comparison
In the year-to-date period, VCMDX achieves a 4.98% return, which is significantly higher than VTIP's 1.17% 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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VCMDX vs. VTIP - Expense Ratio Comparison
VCMDX has a 0.20% expense ratio, which is higher than VTIP's 0.04% expense ratio. However, 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
VCMDX vs. VTIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Commodity Strategy Fund Admiral Shares (VCMDX) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). 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
VCMDX vs. VTIP - Dividend Comparison
VCMDX's dividend yield for the trailing twelve months is around 2.38%, less than VTIP's 3.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VCMDX Vanguard Commodity Strategy Fund Admiral Shares | 2.38% | 2.50% | 14.21% | 30.56% | 0.50% | 0.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.31% | 3.36% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% | 0.05% |
Drawdowns
VCMDX vs. VTIP - Drawdown Comparison
The maximum VCMDX drawdown since its inception was -26.67%, which is greater than VTIP's maximum drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for VCMDX and VTIP. For additional features, visit the drawdowns tool.
Volatility
VCMDX vs. VTIP - Volatility Comparison
Vanguard Commodity Strategy Fund Admiral Shares (VCMDX) has a higher volatility of 2.61% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 0.58%. This indicates that VCMDX's price experiences larger fluctuations and is considered to be riskier than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.