VIOV vs. VBR
Compare and contrast key facts about Vanguard S&P Small-Cap 600 Value ETF (VIOV) and Vanguard Small-Cap Value ETF (VBR).
VIOV and VBR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VIOV is a passively managed fund by Vanguard that tracks the performance of the S&P SmallCap 600 Value Index. It was launched on Sep 7, 2010. VBR is a passively managed fund by Vanguard that tracks the performance of the MSCI US Small Cap Value Index. It was launched on Jan 26, 2004. Both VIOV and VBR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VIOV or VBR.
Key characteristics
| VIOV | VBR | |
|---|---|---|
| Sharpe Ratio | 1.49 | 2.00 |
| Sortino Ratio | 2.21 | 2.84 |
| Omega Ratio | 1.27 | 1.35 |
| Calmar Ratio | 2.57 | 4.27 |
| Martin Ratio | 6.73 | 11.22 |
| Ulcer Index | 4.70% | 2.98% |
| Daily Std Dev | 21.00% | 16.58% |
| Max Drawdown | -47.36% | -62.01% |
| Current Drawdown | -0.36% | -0.85% |
Correlation
The correlation between VIOV and VBR is 0.92, 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
VIOV vs. VBR - Performance Comparison
Returns By Period
In the year-to-date period, VIOV achieves a 15.70% return, which is significantly lower than VBR's 21.53% return. Over the past 10 years, VIOV has underperformed VBR with an annualized return of 9.16%, while VBR has yielded a comparatively higher 9.67% annualized return.
VIOV
15.70%
10.66%
18.47%
27.51%
10.60%
9.16%
VBR
21.53%
8.36%
16.52%
30.04%
12.44%
9.67%
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VIOV vs. VBR - Expense Ratio Comparison
VIOV has a 0.15% expense ratio, which is higher than VBR's 0.07% 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
VIOV vs. VBR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P Small-Cap 600 Value ETF (VIOV) and Vanguard Small-Cap Value ETF (VBR). 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
VIOV vs. VBR - Dividend Comparison
VIOV's dividend yield for the trailing twelve months is around 2.12%, more than VBR's 1.85% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIOV Vanguard S&P Small-Cap 600 Value ETF | 2.12% | 2.18% | 1.81% | 1.59% | 1.42% | 1.60% | 1.76% | 1.43% | 1.17% | 1.32% | 1.27% | 0.91% |
VBR Vanguard Small-Cap Value ETF | 1.85% | 2.12% | 2.03% | 1.75% | 1.68% | 2.06% | 2.35% | 1.79% | 1.77% | 1.99% | 1.77% | 1.87% |
Drawdowns
VIOV vs. VBR - Drawdown Comparison
The maximum VIOV drawdown since its inception was -47.36%, smaller than the maximum VBR drawdown of -62.01%. Use the drawdown chart below to compare losses from any high point for VIOV and VBR. For additional features, visit the drawdowns tool.
Volatility
VIOV vs. VBR - Volatility Comparison
Vanguard S&P Small-Cap 600 Value ETF (VIOV) has a higher volatility of 7.47% compared to Vanguard Small-Cap Value ETF (VBR) at 5.63%. This indicates that VIOV's price experiences larger fluctuations and is considered to be riskier than VBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.