VIGIX vs. SWPPX
Compare and contrast key facts about Vanguard Growth Index Fund Institutional Shares (VIGIX) and Schwab S&P 500 Index Fund (SWPPX).
VIGIX is managed by Vanguard. It was launched on May 14, 1998. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VIGIX or SWPPX.
Performance
VIGIX vs. SWPPX - Performance Comparison
Returns By Period
In the year-to-date period, VIGIX achieves a 30.26% return, which is significantly higher than SWPPX's 25.53% return. Over the past 10 years, VIGIX has outperformed SWPPX with an annualized return of 15.55%, while SWPPX has yielded a comparatively lower 13.12% annualized return.
VIGIX
30.26%
2.47%
14.53%
36.35%
19.09%
15.55%
SWPPX
25.53%
1.18%
12.20%
32.17%
15.57%
13.12%
Key characteristics
| VIGIX | SWPPX | |
|---|---|---|
| Sharpe Ratio | 2.11 | 2.59 |
| Sortino Ratio | 2.74 | 3.47 |
| Omega Ratio | 1.39 | 1.48 |
| Calmar Ratio | 2.78 | 3.77 |
| Martin Ratio | 10.93 | 16.91 |
| Ulcer Index | 3.29% | 1.89% |
| Daily Std Dev | 17.02% | 12.30% |
| Max Drawdown | -57.17% | -55.06% |
| Current Drawdown | -1.32% | -1.35% |
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VIGIX vs. SWPPX - Expense Ratio Comparison
VIGIX has a 0.04% expense ratio, which is higher than SWPPX's 0.02% 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%.
Correlation
The correlation between VIGIX and SWPPX is 0.96, 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. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Growth Index Fund Institutional Shares (VIGIX) and Schwab S&P 500 Index Fund (SWPPX). 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. SWPPX - Dividend Comparison
VIGIX's dividend yield for the trailing twelve months is around 0.49%, less than SWPPX's 1.14% 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% |
SWPPX Schwab S&P 500 Index Fund | 1.14% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% | 1.67% |
Drawdowns
VIGIX vs. SWPPX - Drawdown Comparison
The maximum VIGIX drawdown since its inception was -57.17%, roughly equal to the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for VIGIX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
VIGIX vs. SWPPX - Volatility Comparison
Vanguard Growth Index Fund Institutional Shares (VIGIX) has a higher volatility of 5.50% compared to Schwab S&P 500 Index Fund (SWPPX) at 4.06%. This indicates that VIGIX's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.