VEMPX vs. SPY
Compare and contrast key facts about Vanguard Extended Market Index Fund Institutional Plus Shares (VEMPX) and SPDR S&P 500 ETF (SPY).
VEMPX is managed by Vanguard. It was launched on Jan 14, 2011. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VEMPX or SPY.
Correlation
The correlation between VEMPX and SPY is 0.88, 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
VEMPX vs. SPY - Performance Comparison
Key characteristics
VEMPX:
1.02
SPY:
2.21
VEMPX:
1.49
SPY:
2.93
VEMPX:
1.18
SPY:
1.41
VEMPX:
0.98
SPY:
3.26
VEMPX:
5.50
SPY:
14.40
VEMPX:
3.35%
SPY:
1.90%
VEMPX:
18.10%
SPY:
12.44%
VEMPX:
-41.62%
SPY:
-55.19%
VEMPX:
-7.31%
SPY:
-1.83%
Returns By Period
In the year-to-date period, VEMPX achieves a 17.80% return, which is significantly lower than SPY's 26.72% return. Over the past 10 years, VEMPX has underperformed SPY with an annualized return of 9.49%, while SPY has yielded a comparatively higher 13.04% annualized return.
VEMPX
17.80%
-5.65%
14.63%
17.74%
10.06%
9.49%
SPY
26.72%
0.20%
10.28%
27.17%
14.87%
13.04%
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VEMPX vs. SPY - Expense Ratio Comparison
VEMPX has a 0.04% expense ratio, which is lower than SPY's 0.09% expense ratio. Despite the difference, 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
VEMPX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Extended Market Index Fund Institutional Plus Shares (VEMPX) and SPDR S&P 500 ETF (SPY). 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
VEMPX vs. SPY - Dividend Comparison
VEMPX's dividend yield for the trailing twelve months is around 0.80%, less than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEMPX Vanguard Extended Market Index Fund Institutional Plus Shares | 0.80% | 1.28% | 1.17% | 1.15% | 1.09% | 1.32% | 1.68% | 1.27% | 1.46% | 1.39% | 1.36% | 1.17% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
VEMPX vs. SPY - Drawdown Comparison
The maximum VEMPX drawdown since its inception was -41.62%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VEMPX and SPY. For additional features, visit the drawdowns tool.
Volatility
VEMPX vs. SPY - Volatility Comparison
Vanguard Extended Market Index Fund Institutional Plus Shares (VEMPX) has a higher volatility of 6.07% compared to SPDR S&P 500 ETF (SPY) at 3.83%. This indicates that VEMPX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.