VFINX vs. SPY
Compare and contrast key facts about Vanguard 500 Index Fund Investor Shares (VFINX) and SPDR S&P 500 ETF (SPY).
VFINX is managed by Vanguard. 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: VFINX or SPY.
Correlation
The correlation between VFINX and SPY 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
VFINX vs. SPY - Performance Comparison
Key characteristics
VFINX:
0.56
SPY:
0.54
VFINX:
0.90
SPY:
0.89
VFINX:
1.13
SPY:
1.13
VFINX:
0.58
SPY:
0.58
VFINX:
2.39
SPY:
2.39
VFINX:
4.51%
SPY:
4.51%
VFINX:
19.43%
SPY:
20.07%
VFINX:
-55.25%
SPY:
-55.19%
VFINX:
-10.54%
SPY:
-10.54%
Returns By Period
The year-to-date returns for both stocks are quite close, with VFINX having a -6.41% return and SPY slightly lower at -6.44%. Both investments have delivered pretty close results over the past 10 years, with VFINX having a 11.94% annualized return and SPY not far ahead at 11.95%.
VFINX
-6.41%
-4.98%
-5.03%
9.46%
15.86%
11.94%
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
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VFINX vs. SPY - Expense Ratio Comparison
VFINX has a 0.14% 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%.
Risk-Adjusted Performance
VFINX vs. SPY — Risk-Adjusted Performance Rank
VFINX
SPY
VFINX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard 500 Index Fund Investor Shares (VFINX) 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
VFINX vs. SPY - Dividend Comparison
VFINX's dividend yield for the trailing twelve months is around 1.27%, less than SPY's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VFINX Vanguard 500 Index Fund Investor Shares | 1.27% | 1.14% | 1.36% | 1.57% | 1.15% | 1.84% | 1.77% | 1.94% | 1.69% | 1.92% | 1.99% | 1.74% |
SPY SPDR S&P 500 ETF | 1.31% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
VFINX vs. SPY - Drawdown Comparison
The maximum VFINX drawdown since its inception was -55.25%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VFINX and SPY. For additional features, visit the drawdowns tool.
Volatility
VFINX vs. SPY - Volatility Comparison
The current volatility for Vanguard 500 Index Fund Investor Shares (VFINX) is 14.22%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.13%. This indicates that VFINX 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.