VIIGX vs. IEF
Compare and contrast key facts about Vanguard Intermediate-Term Treasury Index Fund Institutional Shares (VIIGX) and iShares 7-10 Year Treasury Bond ETF (IEF).
VIIGX is managed by Vanguard. It was launched on Mar 19, 2010. IEF is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 7-10 Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VIIGX or IEF.
Key characteristics
| VIIGX | IEF | |
|---|---|---|
| YTD Return | 1.13% | -0.30% |
| 1Y Return | 5.82% | 6.05% |
| 3Y Return (Ann) | -2.07% | -4.15% |
| 5Y Return (Ann) | -0.50% | -1.53% |
| 10Y Return (Ann) | 0.98% | 0.79% |
| Sharpe Ratio | 1.16 | 0.83 |
| Sortino Ratio | 1.73 | 1.24 |
| Omega Ratio | 1.21 | 1.14 |
| Calmar Ratio | 0.39 | 0.27 |
| Martin Ratio | 3.65 | 2.44 |
| Ulcer Index | 1.61% | 2.46% |
| Daily Std Dev | 5.06% | 7.22% |
| Max Drawdown | -17.19% | -23.93% |
| Current Drawdown | -10.02% | -17.12% |
Correlation
The correlation between VIIGX and IEF is 0.97, 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
VIIGX vs. IEF - Performance Comparison
In the year-to-date period, VIIGX achieves a 1.13% return, which is significantly higher than IEF's -0.30% return. Over the past 10 years, VIIGX has outperformed IEF with an annualized return of 0.98%, while IEF has yielded a comparatively lower 0.79% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VIIGX vs. IEF - Expense Ratio Comparison
VIIGX has a 0.05% expense ratio, which is lower than IEF's 0.15% 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
VIIGX vs. IEF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Treasury Index Fund Institutional Shares (VIIGX) and iShares 7-10 Year Treasury Bond ETF (IEF). 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
VIIGX vs. IEF - Dividend Comparison
VIIGX's dividend yield for the trailing twelve months is around 3.57%, more than IEF's 3.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIIGX Vanguard Intermediate-Term Treasury Index Fund Institutional Shares | 3.57% | 2.72% | 1.74% | 1.13% | 1.53% | 2.23% | 2.07% | 1.68% | 1.58% | 1.68% | 1.59% | 1.38% |
IEF iShares 7-10 Year Treasury Bond ETF | 3.51% | 2.91% | 1.96% | 0.83% | 1.08% | 2.08% | 2.24% | 1.82% | 1.81% | 1.90% | 2.05% | 1.77% |
Drawdowns
VIIGX vs. IEF - Drawdown Comparison
The maximum VIIGX drawdown since its inception was -17.19%, smaller than the maximum IEF drawdown of -23.93%. Use the drawdown chart below to compare losses from any high point for VIIGX and IEF. For additional features, visit the drawdowns tool.
Volatility
VIIGX vs. IEF - Volatility Comparison
The current volatility for Vanguard Intermediate-Term Treasury Index Fund Institutional Shares (VIIGX) is 1.34%, while iShares 7-10 Year Treasury Bond ETF (IEF) has a volatility of 2.06%. This indicates that VIIGX experiences smaller price fluctuations and is considered to be less risky than IEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.