VCPAX vs. VPLS
Compare and contrast key facts about Vanguard Core-Plus Bond Fund Admiral Shares (VCPAX) and Vanguard Core-Plus Bond ETF (VPLS).
VCPAX is managed by Vanguard. It was launched on Oct 25, 2021. VPLS is an actively managed fund by Vanguard. It was launched on Dec 7, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VCPAX or VPLS.
Correlation
The correlation between VCPAX and VPLS is 0.97, 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
VCPAX vs. VPLS - Performance Comparison
Key characteristics
VCPAX:
0.74
VPLS:
0.79
VCPAX:
1.05
VPLS:
1.12
VCPAX:
1.13
VPLS:
1.14
VCPAX:
0.37
VPLS:
1.26
VCPAX:
2.39
VPLS:
2.66
VCPAX:
1.53%
VPLS:
1.46%
VCPAX:
4.98%
VPLS:
4.92%
VCPAX:
-17.25%
VPLS:
-3.08%
VCPAX:
-4.82%
VPLS:
-3.08%
Returns By Period
The year-to-date returns for both investments are quite close, with VCPAX having a 2.77% return and VPLS slightly higher at 2.79%.
VCPAX
2.77%
0.01%
1.95%
3.49%
N/A
N/A
VPLS
2.79%
-0.03%
1.91%
3.66%
N/A
N/A
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VCPAX vs. VPLS - Expense Ratio Comparison
Both VCPAX and VPLS have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VCPAX vs. VPLS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Core-Plus Bond Fund Admiral Shares (VCPAX) and Vanguard Core-Plus Bond ETF (VPLS). 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
VCPAX vs. VPLS - Dividend Comparison
VCPAX's dividend yield for the trailing twelve months is around 4.81%, more than VPLS's 4.24% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
VCPAX Vanguard Core-Plus Bond Fund Admiral Shares | 4.81% | 4.54% | 3.26% | 0.27% |
VPLS Vanguard Core-Plus Bond ETF | 4.24% | 0.18% | 0.00% | 0.00% |
Drawdowns
VCPAX vs. VPLS - Drawdown Comparison
The maximum VCPAX drawdown since its inception was -17.25%, which is greater than VPLS's maximum drawdown of -3.08%. Use the drawdown chart below to compare losses from any high point for VCPAX and VPLS. For additional features, visit the drawdowns tool.
Volatility
VCPAX vs. VPLS - Volatility Comparison
Vanguard Core-Plus Bond Fund Admiral Shares (VCPAX) and Vanguard Core-Plus Bond ETF (VPLS) have volatilities of 1.35% and 1.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.