VFMF vs. SPY
Compare and contrast key facts about Vanguard U.S. Multifactor ETF (VFMF) and SPDR S&P 500 ETF (SPY).
VFMF and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VFMF is managed by Vanguard. It was launched on Feb 13, 2018. 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: VFMF or SPY.
Key characteristics
| VFMF | SPY | |
|---|---|---|
| YTD Return | 6.75% | 7.90% |
| 1Y Return | 31.81% | 28.03% |
| 3Y Return (Ann) | 8.72% | 8.75% |
| 5Y Return (Ann) | 11.61% | 13.52% |
| Sharpe Ratio | 2.05 | 2.33 |
| Daily Std Dev | 14.49% | 11.63% |
| Max Drawdown | -41.34% | -55.19% |
| Current Drawdown | -3.71% | -2.27% |
Correlation
The correlation between VFMF and SPY is 0.85, 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
VFMF vs. SPY - Performance Comparison
In the year-to-date period, VFMF achieves a 6.75% return, which is significantly lower than SPY's 7.90% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VFMF vs. SPY - Expense Ratio Comparison
VFMF has a 0.18% 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
VFMF vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard U.S. Multifactor ETF (VFMF) 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
VFMF vs. SPY - Dividend Comparison
VFMF's dividend yield for the trailing twelve months is around 1.61%, more than SPY's 1.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VFMF Vanguard U.S. Multifactor ETF | 1.61% | 1.78% | 2.21% | 1.39% | 1.56% | 1.61% | 1.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.31% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
VFMF vs. SPY - Drawdown Comparison
The maximum VFMF drawdown since its inception was -41.34%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VFMF and SPY. For additional features, visit the drawdowns tool.
Volatility
VFMF vs. SPY - Volatility Comparison
Vanguard U.S. Multifactor ETF (VFMF) and SPDR S&P 500 ETF (SPY) have volatilities of 4.08% and 4.08%, 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.