VINIX vs. VIGIX
Compare and contrast key facts about Vanguard Institutional Index Fund Institutional Shares (VINIX) and Vanguard Growth Index Fund Institutional Shares (VIGIX).
VINIX is managed by Vanguard. It was launched on Jul 31, 1990. VIGIX is managed by Vanguard. It was launched on May 14, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VINIX or VIGIX.
Correlation
The correlation between VINIX and VIGIX 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.
Performance
VINIX vs. VIGIX - Performance Comparison
Key characteristics
VINIX:
2.23
VIGIX:
2.09
VINIX:
2.96
VIGIX:
2.68
VINIX:
1.42
VIGIX:
1.38
VINIX:
3.30
VIGIX:
2.81
VINIX:
14.60
VIGIX:
10.99
VINIX:
1.91%
VIGIX:
3.31%
VINIX:
12.52%
VIGIX:
17.44%
VINIX:
-55.19%
VIGIX:
-57.17%
VINIX:
-2.57%
VIGIX:
-2.51%
Returns By Period
In the year-to-date period, VINIX achieves a 25.98% return, which is significantly lower than VIGIX's 34.77% return. Over the past 10 years, VINIX has underperformed VIGIX with an annualized return of 13.07%, while VIGIX has yielded a comparatively higher 15.88% annualized return.
VINIX
25.98%
-0.19%
9.23%
26.41%
14.77%
13.07%
VIGIX
34.77%
3.33%
12.01%
34.91%
18.89%
15.88%
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VINIX vs. VIGIX - Expense Ratio Comparison
VINIX has a 0.04% expense ratio, which is lower than VIGIX's 0.04% 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
VINIX vs. VIGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Institutional Index Fund Institutional Shares (VINIX) and Vanguard Growth Index Fund Institutional Shares (VIGIX). 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
VINIX vs. VIGIX - Dividend Comparison
VINIX's dividend yield for the trailing twelve months is around 1.25%, more than VIGIX's 0.33% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Vanguard Institutional Index Fund Institutional Shares | 1.25% | 1.47% | 1.74% | 1.28% | 1.59% | 1.91% | 2.13% | 1.82% | 2.07% | 2.45% | 1.88% | 1.85% |
Vanguard Growth Index Fund Institutional Shares | 0.33% | 0.58% | 0.70% | 0.48% | 0.66% | 0.95% | 1.32% | 1.15% | 1.40% | 1.31% | 1.22% | 1.20% |
Drawdowns
VINIX vs. VIGIX - Drawdown Comparison
The maximum VINIX drawdown since its inception was -55.19%, roughly equal to the maximum VIGIX drawdown of -57.17%. Use the drawdown chart below to compare losses from any high point for VINIX and VIGIX. For additional features, visit the drawdowns tool.
Volatility
VINIX vs. VIGIX - Volatility Comparison
The current volatility for Vanguard Institutional Index Fund Institutional Shares (VINIX) is 3.79%, while Vanguard Growth Index Fund Institutional Shares (VIGIX) has a volatility of 4.92%. This indicates that VINIX experiences smaller price fluctuations and is considered to be less risky than VIGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.