VIEIX vs. VEXRX
Compare and contrast key facts about Vanguard Extended Market Index Fund Institutional Shares (VIEIX) and Vanguard Explorer Fund Admiral Shares (VEXRX).
VIEIX is managed by Vanguard. It was launched on Jul 7, 1997. VEXRX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VIEIX or VEXRX.
Correlation
The correlation between VIEIX and VEXRX 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
VIEIX vs. VEXRX - Performance Comparison
Key characteristics
VIEIX:
-0.01
VEXRX:
-0.61
VIEIX:
0.11
VEXRX:
-0.73
VIEIX:
1.01
VEXRX:
0.91
VIEIX:
-0.02
VEXRX:
-0.34
VIEIX:
-0.05
VEXRX:
-1.47
VIEIX:
5.70%
VEXRX:
7.70%
VIEIX:
19.25%
VEXRX:
18.52%
VIEIX:
-58.04%
VEXRX:
-61.00%
VIEIX:
-16.04%
VEXRX:
-32.08%
Returns By Period
The year-to-date returns for both investments are quite close, with VIEIX having a -8.75% return and VEXRX slightly higher at -8.57%. Over the past 10 years, VIEIX has outperformed VEXRX with an annualized return of 7.91%, while VEXRX has yielded a comparatively lower 1.07% annualized return.
VIEIX
-8.75%
-7.75%
-3.34%
0.58%
16.57%
7.91%
VEXRX
-8.57%
-6.62%
-13.39%
-10.66%
8.12%
1.07%
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VIEIX vs. VEXRX - Expense Ratio Comparison
VIEIX has a 0.05% expense ratio, which is lower than VEXRX's 0.29% expense ratio.
Risk-Adjusted Performance
VIEIX vs. VEXRX — Risk-Adjusted Performance Rank
VIEIX
VEXRX
VIEIX vs. VEXRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Extended Market Index Fund Institutional Shares (VIEIX) and Vanguard Explorer Fund Admiral Shares (VEXRX). 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
VIEIX vs. VEXRX - Dividend Comparison
VIEIX's dividend yield for the trailing twelve months is around 0.94%, more than VEXRX's 0.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIEIX Vanguard Extended Market Index Fund Institutional Shares | 0.94% | 1.10% | 1.28% | 1.16% | 1.14% | 1.08% | 1.31% | 1.67% | 1.27% | 1.45% | 1.37% | 1.34% |
VEXRX Vanguard Explorer Fund Admiral Shares | 0.60% | 0.55% | 0.62% | 0.51% | 0.36% | 0.23% | 0.39% | 0.51% | 0.50% | 0.50% | 0.51% | 0.37% |
Drawdowns
VIEIX vs. VEXRX - Drawdown Comparison
The maximum VIEIX drawdown since its inception was -58.04%, roughly equal to the maximum VEXRX drawdown of -61.00%. Use the drawdown chart below to compare losses from any high point for VIEIX and VEXRX. For additional features, visit the drawdowns tool.
Volatility
VIEIX vs. VEXRX - Volatility Comparison
Vanguard Extended Market Index Fund Institutional Shares (VIEIX) has a higher volatility of 7.85% compared to Vanguard Explorer Fund Admiral Shares (VEXRX) at 6.81%. This indicates that VIEIX's price experiences larger fluctuations and is considered to be riskier than VEXRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
User Portfolios with VIEIX or VEXRX
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YTD
Recent discussions
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Scott Allen
How is Sharpe ratio calculated?
The highest sharpe ratio portfolioi in User portfolios holds only ultrashort treasuries and show a sharpe ratio of 7+. But my understanding is the Sharpe ratio is the return less the risk-free rate divided by the standard deviation of returns. But short-term treasuries ARE the risk free rate, so the Sharpe ratio should be zero since the risk free rate minus the risk free rate is zero. So are you simply ignoring the risk-free rate and dividing returns by the standard deviation???
Addendum:
Just input my portfolio and asked that your site optimize it for Sharpe ratio. I have ready cash in USFR, and ETF that holds US floating rate notes exclusively. The optimization recommended I put over 99% in USFR. However, the interest rate on floating rate notes is based on the three month treasury, so again, USFR has a Sharpe ratio of zero! Please correct this!
Bob Peticolas
Transactional Portfolio Use
I am trying to understand how to make the best use of transactional portfolios. At first I thought it is useful when tracking the performance of a self-managed fund. You add cash to it, transact in equities, adding each transaction to the portfolio. It then shows you its performance wrt. to a benchmark. The broker does this for you anyway, but the whole reason I started evaluating Portfolioslab is so that I can separate my single broker account into thematic baskets ("thematic funds") and track their performance individually.
The transactional portfolio in Portfolioslab does not seem to work that way. It does not consider the changes in cash position, ie. any profit/loss made on equity transactions. It does not seem to be suited for track the assets of a fund, so to speak. What good is transactional portfolio then?
EG