VIMAX vs. VO
Compare and contrast key facts about Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX) and Vanguard Mid-Cap ETF (VO).
VIMAX is managed by Vanguard. It was launched on Nov 12, 2001. VO is a passively managed fund by Vanguard that tracks the performance of the CRSP US Mid Cap Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VIMAX or VO.
Performance
VIMAX vs. VO - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with VIMAX having a 21.38% return and VO slightly higher at 21.87%. Both investments have delivered pretty close results over the past 10 years, with VIMAX having a 10.14% annualized return and VO not far ahead at 10.20%.
VIMAX
21.38%
4.65%
15.02%
31.61%
11.78%
10.14%
VO
21.87%
4.69%
15.49%
32.17%
11.91%
10.20%
Key characteristics
| VIMAX | VO | |
|---|---|---|
| Sharpe Ratio | 2.61 | 2.65 |
| Sortino Ratio | 3.57 | 3.63 |
| Omega Ratio | 1.45 | 1.46 |
| Calmar Ratio | 2.18 | 2.20 |
| Martin Ratio | 15.71 | 15.92 |
| Ulcer Index | 2.05% | 2.06% |
| Daily Std Dev | 12.36% | 12.37% |
| Max Drawdown | -58.88% | -58.89% |
| Current Drawdown | 0.00% | 0.00% |
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VIMAX vs. VO - Expense Ratio Comparison
VIMAX has a 0.05% expense ratio, which is higher than VO's 0.04% 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 VIMAX and VO is 0.99, 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
VIMAX vs. VO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX) and Vanguard Mid-Cap ETF (VO). 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
VIMAX vs. VO - Dividend Comparison
VIMAX's dividend yield for the trailing twelve months is around 1.44%, less than VO's 1.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIMAX Vanguard Mid-Cap Index Fund Admiral Shares | 1.44% | 1.51% | 1.59% | 1.11% | 1.44% | 1.47% | 1.82% | 1.35% | 1.45% | 1.47% | 1.29% | 1.17% |
VO Vanguard Mid-Cap ETF | 1.78% | 1.52% | 1.60% | 1.12% | 1.45% | 1.48% | 1.82% | 1.35% | 1.45% | 1.47% | 1.29% | 1.18% |
Drawdowns
VIMAX vs. VO - Drawdown Comparison
The maximum VIMAX drawdown since its inception was -58.88%, roughly equal to the maximum VO drawdown of -58.89%. Use the drawdown chart below to compare losses from any high point for VIMAX and VO. For additional features, visit the drawdowns tool.
Volatility
VIMAX vs. VO - Volatility Comparison
Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX) and Vanguard Mid-Cap ETF (VO) have volatilities of 3.94% and 4.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.