VCOBX vs. RPSIX
Compare and contrast key facts about Vanguard Core Bond Fund Admiral Shares (VCOBX) and T. Rowe Price Spectrum Income Fund (RPSIX).
VCOBX is managed by Vanguard. It was launched on Mar 28, 2016. RPSIX is managed by T. Rowe Price. It was launched on Jun 28, 1990.
Performance
VCOBX vs. RPSIX - Performance Comparison
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VCOBX vs. RPSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VCOBX Vanguard Core Bond Fund Admiral Shares | -0.05% | 7.73% | 2.21% | 6.39% | -13.13% | -1.51% | 10.41% | 9.64% | -0.85% | 3.89% |
RPSIX T. Rowe Price Spectrum Income Fund | -0.52% | 11.58% | 4.22% | 8.55% | -11.40% | 2.60% | 6.07% | 11.57% | -2.61% | 7.03% |
Returns By Period
In the year-to-date period, VCOBX achieves a -0.05% return, which is significantly higher than RPSIX's -0.52% return. Over the past 10 years, VCOBX has underperformed RPSIX with an annualized return of 2.24%, while RPSIX has yielded a comparatively higher 3.91% annualized return.
VCOBX
- 1D
- 0.22%
- 1M
- -1.42%
- YTD
- -0.05%
- 6M
- 0.75%
- 1Y
- 4.24%
- 3Y*
- 4.38%
- 5Y*
- 0.68%
- 10Y*
- 2.24%
RPSIX
- 1D
- 0.36%
- 1M
- -1.67%
- YTD
- -0.52%
- 6M
- 2.24%
- 1Y
- 8.42%
- 3Y*
- 6.76%
- 5Y*
- 2.61%
- 10Y*
- 3.91%
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VCOBX vs. RPSIX - Expense Ratio Comparison
VCOBX has a 0.10% expense ratio, which is lower than RPSIX's 0.62% expense ratio.
Return for Risk
VCOBX vs. RPSIX — Risk / Return Rank
VCOBX
RPSIX
VCOBX vs. RPSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Core Bond Fund Admiral Shares (VCOBX) and T. Rowe Price Spectrum Income Fund (RPSIX). 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.
| VCOBX | RPSIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 2.67 | -1.56 |
Sortino ratioReturn per unit of downside risk | 1.60 | 4.22 | -2.63 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.61 | -0.41 |
Calmar ratioReturn relative to maximum drawdown | 1.77 | 3.43 | -1.66 |
Martin ratioReturn relative to average drawdown | 5.33 | 13.69 | -8.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VCOBX | RPSIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 2.67 | -1.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.12 | 0.59 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.87 | -0.40 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 1.50 | -1.02 |
Correlation
The correlation between VCOBX and RPSIX is 0.56, 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
VCOBX vs. RPSIX - Dividend Comparison
VCOBX's dividend yield for the trailing twelve months is around 4.35%, less than RPSIX's 9.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VCOBX Vanguard Core Bond Fund Admiral Shares | 4.35% | 4.80% | 5.04% | 4.44% | 3.01% | 1.23% | 3.09% | 3.08% | 3.10% | 2.20% | 2.29% | 0.00% |
RPSIX T. Rowe Price Spectrum Income Fund | 9.09% | 8.95% | 5.23% | 4.83% | 3.99% | 3.92% | 3.64% | 3.79% | 4.73% | 3.91% | 3.75% | 4.71% |
Drawdowns
VCOBX vs. RPSIX - Drawdown Comparison
The maximum VCOBX drawdown since its inception was -18.14%, which is greater than RPSIX's maximum drawdown of -16.73%. Use the drawdown chart below to compare losses from any high point for VCOBX and RPSIX.
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Drawdown Indicators
| VCOBX | RPSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.14% | -16.73% | -1.41% |
Max Drawdown (1Y)Largest decline over 1 year | -2.70% | -2.54% | -0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -18.03% | -16.73% | -1.30% |
Max Drawdown (10Y)Largest decline over 10 years | -18.14% | -16.73% | -1.41% |
Current DrawdownCurrent decline from peak | -1.88% | -2.01% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -4.22% | -1.70% | -2.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 0.64% | +0.26% |
Volatility
VCOBX vs. RPSIX - Volatility Comparison
Vanguard Core Bond Fund Admiral Shares (VCOBX) has a higher volatility of 1.60% compared to T. Rowe Price Spectrum Income Fund (RPSIX) at 1.24%. This indicates that VCOBX's price experiences larger fluctuations and is considered to be riskier than RPSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VCOBX | RPSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.60% | 1.24% | +0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 2.46% | 2.30% | +0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.15% | 3.38% | +0.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.75% | 4.47% | +1.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.74% | 4.53% | +0.21% |