VINAX vs. VITAX
Compare and contrast key facts about Vanguard Industrials Index Fund Admiral Shares (VINAX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX).
VINAX is managed by Vanguard. It was launched on May 8, 2006. VITAX is a passively managed fund by Vanguard that tracks the performance of the MSCI US IMI Info Technology 25/50. It was launched on Mar 25, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VINAX or VITAX.
Key characteristics
| VINAX | VITAX | |
|---|---|---|
| YTD Return | 14.87% | 17.33% |
| 1Y Return | 26.71% | 33.73% |
| 3Y Return (Ann) | 11.09% | 11.48% |
| 5Y Return (Ann) | 12.77% | 22.13% |
| 10Y Return (Ann) | 11.11% | 20.12% |
| Sharpe Ratio | 1.76 | 1.49 |
| Daily Std Dev | 14.69% | 21.01% |
| Max Drawdown | -63.43% | -54.81% |
| Current Drawdown | -0.46% | -6.78% |
Correlation
The correlation between VINAX and VITAX is 0.75, 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
VINAX vs. VITAX - Performance Comparison
In the year-to-date period, VINAX achieves a 14.87% return, which is significantly lower than VITAX's 17.33% return. Over the past 10 years, VINAX has underperformed VITAX with an annualized return of 11.11%, while VITAX has yielded a comparatively higher 20.12% 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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VINAX vs. VITAX - Expense Ratio Comparison
Both VINAX and VITAX have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VINAX vs. VITAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Industrials Index Fund Admiral Shares (VINAX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX). 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
VINAX vs. VITAX - Dividend Comparison
VINAX's dividend yield for the trailing twelve months is around 1.23%, more than VITAX's 0.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VINAX Vanguard Industrials Index Fund Admiral Shares | 1.23% | 1.36% | 1.51% | 1.11% | 1.39% | 1.68% | 1.90% | 1.60% | 1.82% | 1.94% | 1.57% | 1.06% |
VITAX Vanguard Information Technology Index Fund Admiral Shares | 0.65% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.04% |
Drawdowns
VINAX vs. VITAX - Drawdown Comparison
The maximum VINAX drawdown since its inception was -63.43%, which is greater than VITAX's maximum drawdown of -54.81%. Use the drawdown chart below to compare losses from any high point for VINAX and VITAX. For additional features, visit the drawdowns tool.
Volatility
VINAX vs. VITAX - Volatility Comparison
The current volatility for Vanguard Industrials Index Fund Admiral Shares (VINAX) is 4.45%, while Vanguard Information Technology Index Fund Admiral Shares (VITAX) has a volatility of 7.46%. This indicates that VINAX experiences smaller price fluctuations and is considered to be less risky than VITAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.