VIIIX vs. FOKFX
Compare and contrast key facts about Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) and Fidelity OTC K6 Portfolio (FOKFX).
VIIIX is managed by Vanguard. It was launched on Jul 7, 1997. FOKFX is managed by Fidelity. It was launched on Jun 13, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VIIIX or FOKFX.
Correlation
The correlation between VIIIX and FOKFX is 0.91, 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
VIIIX vs. FOKFX - Performance Comparison
Key characteristics
VIIIX:
0.43
FOKFX:
0.12
VIIIX:
0.73
FOKFX:
0.34
VIIIX:
1.11
FOKFX:
1.05
VIIIX:
0.44
FOKFX:
0.12
VIIIX:
1.84
FOKFX:
0.39
VIIIX:
4.54%
FOKFX:
7.84%
VIIIX:
19.45%
FOKFX:
25.84%
VIIIX:
-55.18%
FOKFX:
-37.76%
VIIIX:
-12.45%
FOKFX:
-18.53%
Returns By Period
In the year-to-date period, VIIIX achieves a -8.39% return, which is significantly higher than FOKFX's -14.62% return.
VIIIX
-8.39%
-6.87%
-7.80%
6.13%
13.32%
10.49%
FOKFX
-14.62%
-9.14%
-11.47%
0.02%
14.37%
N/A
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VIIIX vs. FOKFX - Expense Ratio Comparison
VIIIX has a 0.02% expense ratio, which is lower than FOKFX's 0.50% expense ratio.
Risk-Adjusted Performance
VIIIX vs. FOKFX — Risk-Adjusted Performance Rank
VIIIX
FOKFX
VIIIX vs. FOKFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) and Fidelity OTC K6 Portfolio (FOKFX). 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
VIIIX vs. FOKFX - Dividend Comparison
VIIIX's dividend yield for the trailing twelve months is around 1.45%, more than FOKFX's 0.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares | 1.45% | 1.28% | 1.49% | 1.75% | 1.30% | 1.60% | 1.93% | 2.14% | 1.84% | 2.09% | 2.47% | 1.90% |
FOKFX Fidelity OTC K6 Portfolio | 0.23% | 0.20% | 0.24% | 0.08% | 0.00% | 0.07% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VIIIX vs. FOKFX - Drawdown Comparison
The maximum VIIIX drawdown since its inception was -55.18%, which is greater than FOKFX's maximum drawdown of -37.76%. Use the drawdown chart below to compare losses from any high point for VIIIX and FOKFX. For additional features, visit the drawdowns tool.
Volatility
VIIIX vs. FOKFX - Volatility Comparison
The current volatility for Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) is 14.02%, while Fidelity OTC K6 Portfolio (FOKFX) has a volatility of 16.28%. This indicates that VIIIX experiences smaller price fluctuations and is considered to be less risky than FOKFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.