VFITX vs. VWITX
Compare and contrast key facts about Vanguard Intermediate-Term Treasury Fund Investor Shares (VFITX) and Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX).
VFITX is managed by Vanguard. It was launched on Oct 28, 1991. VWITX is managed by Vanguard. It was launched on Sep 1, 1977.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VFITX or VWITX.
Key characteristics
| VFITX | VWITX | |
|---|---|---|
| YTD Return | 1.14% | 1.56% |
| 1Y Return | 6.23% | 6.70% |
| 3Y Return (Ann) | -1.89% | 0.08% |
| 5Y Return (Ann) | -0.84% | 1.39% |
| 10Y Return (Ann) | 0.57% | 2.26% |
| Sharpe Ratio | 1.14 | 2.34 |
| Sortino Ratio | 1.70 | 3.63 |
| Omega Ratio | 1.21 | 1.54 |
| Calmar Ratio | 0.37 | 1.00 |
| Martin Ratio | 3.64 | 9.13 |
| Ulcer Index | 1.71% | 0.73% |
| Daily Std Dev | 5.46% | 2.87% |
| Max Drawdown | -18.61% | -11.56% |
| Current Drawdown | -11.67% | -1.34% |
Correlation
The correlation between VFITX and VWITX is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VFITX vs. VWITX - Performance Comparison
In the year-to-date period, VFITX achieves a 1.14% return, which is significantly lower than VWITX's 1.56% return. Over the past 10 years, VFITX has underperformed VWITX with an annualized return of 0.57%, while VWITX has yielded a comparatively higher 2.26% annualized return. 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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VFITX vs. VWITX - Expense Ratio Comparison
VFITX has a 0.20% expense ratio, which is higher than VWITX's 0.17% 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
VFITX vs. VWITX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Treasury Fund Investor Shares (VFITX) and Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX). 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
VFITX vs. VWITX - Dividend Comparison
VFITX's dividend yield for the trailing twelve months is around 4.01%, more than VWITX's 2.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VFITX Vanguard Intermediate-Term Treasury Fund Investor Shares | 4.01% | 3.44% | 1.97% | 0.94% | 1.18% | 2.32% | 2.34% | 1.77% | 1.61% | 1.69% | 1.64% | 1.52% |
VWITX Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares | 2.97% | 2.71% | 2.43% | 2.08% | 2.32% | 2.61% | 2.81% | 2.73% | 2.81% | 2.89% | 3.05% | 3.19% |
Drawdowns
VFITX vs. VWITX - Drawdown Comparison
The maximum VFITX drawdown since its inception was -18.61%, which is greater than VWITX's maximum drawdown of -11.56%. Use the drawdown chart below to compare losses from any high point for VFITX and VWITX. For additional features, visit the drawdowns tool.
Volatility
VFITX vs. VWITX - Volatility Comparison
Vanguard Intermediate-Term Treasury Fund Investor Shares (VFITX) has a higher volatility of 1.48% compared to Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) at 1.38%. This indicates that VFITX's price experiences larger fluctuations and is considered to be riskier than VWITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.