VIGIX vs. SPY
Compare and contrast key facts about Vanguard Growth Index Fund Institutional Shares (VIGIX) and SPDR S&P 500 ETF (SPY).
VIGIX is managed by Vanguard. It was launched on May 14, 1998. 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: VIGIX or SPY.
Correlation
The correlation between VIGIX and SPY is 0.94, 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
VIGIX vs. SPY - Performance Comparison
Key characteristics
VIGIX:
2.09
SPY:
2.21
VIGIX:
2.68
SPY:
2.93
VIGIX:
1.38
SPY:
1.41
VIGIX:
2.81
SPY:
3.26
VIGIX:
10.99
SPY:
14.43
VIGIX:
3.31%
SPY:
1.90%
VIGIX:
17.44%
SPY:
12.41%
VIGIX:
-57.17%
SPY:
-55.19%
VIGIX:
-2.51%
SPY:
-2.74%
Returns By Period
In the year-to-date period, VIGIX achieves a 34.77% return, which is significantly higher than SPY's 25.54% return. Over the past 10 years, VIGIX has outperformed SPY with an annualized return of 15.88%, while SPY has yielded a comparatively lower 12.97% annualized return.
VIGIX
34.77%
3.33%
12.01%
34.91%
18.89%
15.88%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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VIGIX vs. SPY - Expense Ratio Comparison
VIGIX has a 0.04% expense ratio, which is lower than SPY's 0.09% 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%.
Risk-Adjusted Performance
VIGIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Growth Index Fund Institutional Shares (VIGIX) 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
VIGIX vs. SPY - Dividend Comparison
VIGIX's dividend yield for the trailing twelve months is around 0.33%, less than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIGIX Vanguard Growth Index Fund Institutional Shares | 0.33% | 0.58% | 0.70% | 0.48% | 0.66% | 0.95% | 1.32% | 1.15% | 1.40% | 1.31% | 1.22% | 1.20% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
VIGIX vs. SPY - Drawdown Comparison
The maximum VIGIX drawdown since its inception was -57.17%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VIGIX and SPY. For additional features, visit the drawdowns tool.
Volatility
VIGIX vs. SPY - Volatility Comparison
Vanguard Growth Index Fund Institutional Shares (VIGIX) has a higher volatility of 4.92% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that VIGIX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.