VIEIX vs. VUSXX
VIEIX (Vanguard Extended Market Index Fund Institutional Shares) and VUSXX (Vanguard Treasury Money Market Fund) are both mutual funds - VIEIX is a Mid Cap Blend Equities fund managed by Vanguard, while VUSXX is a Money Market fund actively managed by Vanguard. Over the past 5 years, VIEIX returned 6.18%/yr vs 1.56%/yr for VUSXX. At a correlation of -0.00, they often move in opposite directions. VIEIX charges 0.05%/yr vs 0.07%/yr for VUSXX.
Performance
VIEIX vs. VUSXX - Performance Comparison
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Returns By Period
In the year-to-date period, VIEIX achieves a 14.43% return, which is significantly higher than VUSXX's 1.51% return.
VIEIX
- 1D
- 0.50%
- 1M
- 6.16%
- YTD
- 14.43%
- 6M
- 13.24%
- 1Y
- 30.22%
- 3Y*
- 18.69%
- 5Y*
- 6.18%
- 10Y*
- 12.34%
VUSXX
- 1D
- 0.00%
- 1M
- 0.31%
- YTD
- 1.51%
- 6M
- 1.84%
- 1Y
- 3.98%
- 3Y*
- 2.61%
- 5Y*
- 1.56%
- 10Y*
- —
VIEIX vs. VUSXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
VIEIX Vanguard Extended Market Index Fund Institutional Shares | 14.43% | 11.42% | 15.49% | 26.97% | -26.46% | 2.43% |
VUSXX Vanguard Treasury Money Market Fund | 1.51% | 4.25% | 1.65% | 0.43% | 0.00% | 0.00% |
Correlation
The correlation between VIEIX and VUSXX is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since May 25, 2021 | -0.00 |
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Return for Risk
VIEIX vs. VUSXX — Risk / Return Rank
VIEIX
VUSXX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VIEIX vs. VUSXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Extended Market Index Fund Institutional Shares (VIEIX) and Vanguard Treasury Money Market Fund (VUSXX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VIEIX | VUSXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.10 | ||
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.27 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.74 | — | — |
| Martin ratioReturn relative to average drawdown | 9.63 | — | — |
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Drawdowns
VIEIX vs. VUSXX - Drawdown Comparison
The maximum VIEIX drawdown since its inception was -58.03%, which is greater than VUSXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for VIEIX and VUSXX.
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Drawdown Indicators
| VIEIX | VUSXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.03% | 0.00% | -58.03% |
Max Drawdown (1Y)Largest decline over 1 year | -10.25% | 0.00% | -10.25% |
Max Drawdown (3Y)Largest decline over 3 years | -26.84% | 0.00% | -26.84% |
Max Drawdown (5Y)Largest decline over 5 years | -36.32% | 0.00% | -36.32% |
Max Drawdown (10Y)Largest decline over 10 years | -41.62% | — | — |
Current DrawdownCurrent decline from peak | -0.55% | 0.00% | -0.55% |
Average DrawdownAverage peak-to-trough decline | -13.82% | 0.00% | -13.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 0.00% | +2.92% |
Volatility
VIEIX vs. VUSXX - Volatility Comparison
Vanguard Extended Market Index Fund Institutional Shares (VIEIX) has a higher volatility of 6.48% compared to Vanguard Treasury Money Market Fund (VUSXX) at 0.31%. This indicates that VIEIX's price experiences larger fluctuations and is considered to be riskier than VUSXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VIEIX | VUSXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.48% | 0.31% | +6.17% |
Volatility (6M)Calculated over the trailing 6-month period | 13.30% | 0.73% | +12.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.81% | 1.12% | +16.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.43% | 0.75% | +21.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.40% | 0.74% | +21.66% |
VIEIX vs. VUSXX - Expense Ratio Comparison
VIEIX has a 0.05% expense ratio, which is lower than VUSXX's 0.07% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VIEIX vs. VUSXX - Dividend Comparison
VIEIX's dividend yield for the trailing twelve months is around 1.02%, less than VUSXX's 3.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIEIX Vanguard Extended Market Index Fund Institutional Shares | 1.02% | 1.14% | 1.10% | 1.26% | 1.16% | 1.14% | 1.08% | 1.31% | 1.67% | 1.27% | 1.45% | 1.37% |
VUSXX Vanguard Treasury Money Market Fund | 3.89% | 4.15% | 1.63% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VIEIX and VUSXX have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VIEIX has higher volatility (6.48%) compared to VUSXX (0.31%). In terms of maximum drawdown, VIEIX dropped -58.03% vs VUSXX's 0.00%.
VUSXX currently has the higher Sharpe Ratio (3.68 vs 1.58), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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