VIPIX vs. IEF
Compare and contrast key facts about Vanguard Inflation-Protected Securities Fund Institutional Shares (VIPIX) and iShares 7-10 Year Treasury Bond ETF (IEF).
VIPIX is managed by Vanguard. It was launched on Dec 12, 2003. IEF is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 7-10 Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VIPIX or IEF.
Performance
VIPIX vs. IEF - Performance Comparison
Returns By Period
In the year-to-date period, VIPIX achieves a 2.73% return, which is significantly higher than IEF's 0.10% return. Over the past 10 years, VIPIX has outperformed IEF with an annualized return of 2.18%, while IEF has yielded a comparatively lower 0.82% annualized return.
VIPIX
2.73%
-1.26%
2.57%
5.64%
2.04%
2.18%
IEF
0.10%
-2.00%
2.39%
4.72%
-1.52%
0.82%
Key characteristics
| VIPIX | IEF | |
|---|---|---|
| Sharpe Ratio | 1.22 | 0.70 |
| Sortino Ratio | 1.80 | 1.03 |
| Omega Ratio | 1.22 | 1.12 |
| Calmar Ratio | 0.50 | 0.23 |
| Martin Ratio | 5.14 | 1.90 |
| Ulcer Index | 1.19% | 2.56% |
| Daily Std Dev | 4.99% | 6.98% |
| Max Drawdown | -15.04% | -23.93% |
| Current Drawdown | -6.68% | -16.78% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VIPIX vs. IEF - Expense Ratio Comparison
VIPIX has a 0.07% expense ratio, which is lower than IEF's 0.15% 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%.
Correlation
The correlation between VIPIX and IEF is 0.79, 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
VIPIX vs. IEF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Inflation-Protected Securities Fund Institutional Shares (VIPIX) and iShares 7-10 Year Treasury Bond ETF (IEF). 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
VIPIX vs. IEF - Dividend Comparison
VIPIX's dividend yield for the trailing twelve months is around 4.36%, more than IEF's 3.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIPIX Vanguard Inflation-Protected Securities Fund Institutional Shares | 4.36% | 4.34% | 8.49% | 5.16% | 1.41% | 2.32% | 3.16% | 2.45% | 3.50% | 0.91% | 2.39% | 2.21% |
IEF iShares 7-10 Year Treasury Bond ETF | 3.50% | 2.91% | 1.96% | 0.83% | 1.08% | 2.08% | 2.24% | 1.82% | 1.81% | 1.90% | 2.05% | 1.77% |
Drawdowns
VIPIX vs. IEF - Drawdown Comparison
The maximum VIPIX drawdown since its inception was -15.04%, smaller than the maximum IEF drawdown of -23.93%. Use the drawdown chart below to compare losses from any high point for VIPIX and IEF. For additional features, visit the drawdowns tool.
Volatility
VIPIX vs. IEF - Volatility Comparison
The current volatility for Vanguard Inflation-Protected Securities Fund Institutional Shares (VIPIX) is 1.18%, while iShares 7-10 Year Treasury Bond ETF (IEF) has a volatility of 1.82%. This indicates that VIPIX experiences smaller price fluctuations and is considered to be less risky than IEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.