VEXMX vs. VXF
Compare and contrast key facts about Vanguard Extended Market Index Fund (VEXMX) and Vanguard Extended Market ETF (VXF).
VEXMX is managed by Vanguard. It was launched on Dec 21, 1987. VXF is a passively managed fund by Vanguard that tracks the performance of the S&P Completion Index. It was launched on Dec 27, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VEXMX or VXF.
Key characteristics
| VEXMX | VXF | |
|---|---|---|
| YTD Return | 19.87% | 20.07% |
| 1Y Return | 35.23% | 35.47% |
| 3Y Return (Ann) | 0.72% | 0.89% |
| 5Y Return (Ann) | 11.22% | 11.38% |
| 10Y Return (Ann) | 9.86% | 10.01% |
| Sharpe Ratio | 1.99 | 2.01 |
| Sortino Ratio | 2.76 | 2.77 |
| Omega Ratio | 1.34 | 1.35 |
| Calmar Ratio | 1.38 | 1.39 |
| Martin Ratio | 11.23 | 11.43 |
| Ulcer Index | 3.18% | 3.15% |
| Daily Std Dev | 17.90% | 17.91% |
| Max Drawdown | -58.17% | -58.04% |
| Current Drawdown | -2.85% | -2.84% |
Correlation
The correlation between VEXMX and VXF 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
VEXMX vs. VXF - Performance Comparison
The year-to-date returns for both investments are quite close, with VEXMX having a 19.87% return and VXF slightly higher at 20.07%. Both investments have delivered pretty close results over the past 10 years, with VEXMX having a 9.86% annualized return and VXF not far ahead at 10.01%. 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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VEXMX vs. VXF - Expense Ratio Comparison
VEXMX has a 0.19% expense ratio, which is higher than VXF's 0.06% 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
VEXMX vs. VXF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Extended Market Index Fund (VEXMX) and Vanguard Extended Market ETF (VXF). 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
VEXMX vs. VXF - Dividend Comparison
VEXMX's dividend yield for the trailing twelve months is around 1.00%, less than VXF's 1.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEXMX Vanguard Extended Market Index Fund | 1.00% | 1.15% | 1.00% | 0.99% | 0.97% | 1.18% | 1.52% | 1.12% | 1.31% | 1.20% | 1.17% | 0.96% |
VXF Vanguard Extended Market ETF | 1.11% | 1.27% | 1.15% | 1.13% | 1.07% | 1.30% | 1.66% | 1.25% | 1.43% | 1.35% | 1.32% | 1.14% |
Drawdowns
VEXMX vs. VXF - Drawdown Comparison
The maximum VEXMX drawdown since its inception was -58.17%, roughly equal to the maximum VXF drawdown of -58.04%. Use the drawdown chart below to compare losses from any high point for VEXMX and VXF. For additional features, visit the drawdowns tool.
Volatility
VEXMX vs. VXF - Volatility Comparison
Vanguard Extended Market Index Fund (VEXMX) and Vanguard Extended Market ETF (VXF) have volatilities of 6.13% and 6.12%, 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.