VFIJX vs. SPY
Compare and contrast key facts about Vanguard GNMA Fund Admiral Shares (VFIJX) and SPDR S&P 500 ETF (SPY).
VFIJX is managed by Vanguard. It was launched on Feb 12, 2001. 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: VFIJX or SPY.
Performance
VFIJX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, VFIJX achieves a 0.86% return, which is significantly lower than SPY's 24.40% return. Over the past 10 years, VFIJX has underperformed SPY with an annualized return of 0.91%, while SPY has yielded a comparatively higher 13.04% annualized return.
VFIJX
0.86%
-1.94%
2.52%
6.83%
-0.45%
0.91%
SPY
24.40%
0.59%
11.33%
31.86%
15.23%
13.04%
Key characteristics
| VFIJX | SPY | |
|---|---|---|
| Sharpe Ratio | 1.23 | 2.64 |
| Sortino Ratio | 1.78 | 3.53 |
| Omega Ratio | 1.22 | 1.49 |
| Calmar Ratio | 0.61 | 3.81 |
| Martin Ratio | 4.08 | 17.21 |
| Ulcer Index | 1.82% | 1.86% |
| Daily Std Dev | 6.05% | 12.15% |
| Max Drawdown | -15.95% | -55.19% |
| Current Drawdown | -6.25% | -2.17% |
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VFIJX vs. SPY - Expense Ratio Comparison
VFIJX has a 0.11% expense ratio, which is higher than SPY's 0.09% 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%.
Correlation
The correlation between VFIJX and SPY is -0.12. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Risk-Adjusted Performance
VFIJX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard GNMA Fund Admiral Shares (VFIJX) 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
VFIJX vs. SPY - Dividend Comparison
VFIJX's dividend yield for the trailing twelve months is around 3.63%, more than SPY's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VFIJX Vanguard GNMA Fund Admiral Shares | 3.63% | 3.34% | 2.46% | 0.85% | 1.98% | 2.86% | 3.00% | 2.75% | 2.41% | 2.44% | 2.68% | 2.39% |
SPY SPDR S&P 500 ETF | 1.20% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
VFIJX vs. SPY - Drawdown Comparison
The maximum VFIJX drawdown since its inception was -15.95%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VFIJX and SPY. For additional features, visit the drawdowns tool.
Volatility
VFIJX vs. SPY - Volatility Comparison
The current volatility for Vanguard GNMA Fund Admiral Shares (VFIJX) is 1.57%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.08%. This indicates that VFIJX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.