VCORX vs. VCPIX
Compare and contrast key facts about Vanguard Core Bond Fund Investor Shares (VCORX) and Vanguard Core-Plus Bond Fund Investor Shares (VCPIX).
VCORX is managed by Vanguard. It was launched on Mar 28, 2016. VCPIX is managed by Vanguard. It was launched on Oct 25, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VCORX or VCPIX.
Key characteristics
| VCORX | VCPIX | |
|---|---|---|
| YTD Return | 2.76% | 3.34% |
| 1Y Return | 9.58% | 10.36% |
| 3Y Return (Ann) | -2.20% | -1.51% |
| Sharpe Ratio | 1.52 | 1.72 |
| Sortino Ratio | 2.26 | 2.53 |
| Omega Ratio | 1.27 | 1.31 |
| Calmar Ratio | 0.54 | 0.71 |
| Martin Ratio | 5.72 | 7.03 |
| Ulcer Index | 1.52% | 1.36% |
| Daily Std Dev | 5.72% | 5.56% |
| Max Drawdown | -19.06% | -17.33% |
| Current Drawdown | -8.01% | -4.45% |
Correlation
The correlation between VCORX and VCPIX is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VCORX vs. VCPIX - Performance Comparison
In the year-to-date period, VCORX achieves a 2.76% return, which is significantly lower than VCPIX's 3.34% 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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VCORX vs. VCPIX - Expense Ratio Comparison
VCORX has a 0.20% expense ratio, which is lower than VCPIX's 0.30% expense ratio.
Risk-Adjusted Performance
VCORX vs. VCPIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Core Bond Fund Investor Shares (VCORX) and Vanguard Core-Plus Bond Fund Investor Shares (VCPIX). 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
VCORX vs. VCPIX - Dividend Comparison
VCORX's dividend yield for the trailing twelve months is around 4.47%, less than VCPIX's 4.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
VCORX Vanguard Core Bond Fund Investor Shares | 4.47% | 3.99% | 2.91% | 1.11% | 1.65% | 2.92% | 2.99% | 2.09% | 1.59% |
VCPIX Vanguard Core-Plus Bond Fund Investor Shares | 4.70% | 4.48% | 3.16% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VCORX vs. VCPIX - Drawdown Comparison
The maximum VCORX drawdown since its inception was -19.06%, which is greater than VCPIX's maximum drawdown of -17.33%. Use the drawdown chart below to compare losses from any high point for VCORX and VCPIX. For additional features, visit the drawdowns tool.
Volatility
VCORX vs. VCPIX - Volatility Comparison
Vanguard Core Bond Fund Investor Shares (VCORX) has a higher volatility of 1.63% compared to Vanguard Core-Plus Bond Fund Investor Shares (VCPIX) at 1.50%. This indicates that VCORX's price experiences larger fluctuations and is considered to be riskier than VCPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.