VINIX vs. VOO
Compare and contrast key facts about Vanguard Institutional Index Fund Institutional Shares (VINIX) and Vanguard S&P 500 ETF (VOO).
VINIX is managed by Vanguard. It was launched on Jul 31, 1990. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VINIX or VOO.
Correlation
The correlation between VINIX and VOO 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.
Performance
VINIX vs. VOO - Performance Comparison
Key characteristics
VINIX:
2.04
VOO:
2.21
VINIX:
2.70
VOO:
2.93
VINIX:
1.37
VOO:
1.41
VINIX:
3.14
VOO:
3.35
VINIX:
12.52
VOO:
14.09
VINIX:
2.12%
VOO:
2.01%
VINIX:
13.00%
VOO:
12.78%
VINIX:
-55.19%
VOO:
-33.99%
VINIX:
-1.58%
VOO:
-0.46%
Returns By Period
The year-to-date returns for both stocks are quite close, with VINIX having a 2.91% return and VOO slightly lower at 2.90%. Over the past 10 years, VINIX has underperformed VOO with an annualized return of 12.19%, while VOO has yielded a comparatively higher 13.46% annualized return.
VINIX
2.91%
1.01%
8.43%
24.71%
12.31%
12.19%
VOO
2.90%
2.05%
9.63%
26.44%
14.54%
13.46%
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VINIX vs. VOO - Expense Ratio Comparison
VINIX has a 0.04% expense ratio, which is higher than VOO's 0.03% 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%.
Risk-Adjusted Performance
VINIX vs. VOO — Risk-Adjusted Performance Rank
VINIX
VOO
VINIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Institutional Index Fund Institutional Shares (VINIX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
VINIX's dividend yield for the trailing twelve months is around 1.23%, more than VOO's 1.21% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Vanguard Institutional Index Fund Institutional Shares | 1.23% | 1.27% | 1.47% | 1.74% | 1.28% | 1.59% | 1.91% | 2.13% | 1.82% | 2.07% | 2.45% | 2.44% |
Vanguard S&P 500 ETF | 1.21% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
VINIX vs. VOO - Drawdown Comparison
The maximum VINIX drawdown since its inception was -55.19%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VINIX and VOO. For additional features, visit the drawdowns tool.
Volatility
VINIX vs. VOO - Volatility Comparison
Vanguard Institutional Index Fund Institutional Shares (VINIX) has a higher volatility of 5.47% compared to Vanguard S&P 500 ETF (VOO) at 5.12%. This indicates that VINIX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.