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.
Performance
VIGIX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, VIGIX achieves a 30.43% return, which is significantly higher than SPY's 26.08% return. Over the past 10 years, VIGIX has outperformed SPY with an annualized return of 15.50%, while SPY has yielded a comparatively lower 13.10% annualized return.
VIGIX
30.43%
2.57%
15.03%
35.86%
19.10%
15.50%
SPY
26.08%
1.77%
13.59%
32.24%
15.62%
13.10%
Key characteristics
| VIGIX | SPY | |
|---|---|---|
| Sharpe Ratio | 2.15 | 2.70 |
| Sortino Ratio | 2.78 | 3.60 |
| Omega Ratio | 1.40 | 1.50 |
| Calmar Ratio | 2.82 | 3.90 |
| Martin Ratio | 11.10 | 17.52 |
| Ulcer Index | 3.29% | 1.87% |
| Daily Std Dev | 17.01% | 12.14% |
| Max Drawdown | -57.17% | -55.19% |
| Current Drawdown | -1.20% | -0.85% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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%.
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.
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 0.49%, less than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIGIX Vanguard Growth Index Fund Institutional Shares | 0.49% | 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 | 1.18% | 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 5.24% compared to SPDR S&P 500 ETF (SPY) at 3.98%. 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.