VIPIX vs. VTIP
Compare and contrast key facts about Vanguard Inflation-Protected Securities Fund Institutional Shares (VIPIX) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP).
VIPIX is managed by Vanguard. It was launched on Dec 12, 2003. VTIP is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Oct 12, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VIPIX or VTIP.
Correlation
The correlation between VIPIX and VTIP is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
VIPIX vs. VTIP - Performance Comparison
Key characteristics
VIPIX:
1.53
VTIP:
4.00
VIPIX:
2.14
VTIP:
6.61
VIPIX:
1.27
VTIP:
1.93
VIPIX:
0.68
VTIP:
7.87
VIPIX:
4.44
VTIP:
27.13
VIPIX:
1.63%
VTIP:
0.28%
VIPIX:
4.73%
VTIP:
1.92%
VIPIX:
-15.04%
VTIP:
-6.27%
VIPIX:
-3.79%
VTIP:
-0.16%
Returns By Period
In the year-to-date period, VIPIX achieves a 3.99% return, which is significantly higher than VTIP's 3.74% return. Over the past 10 years, VIPIX has underperformed VTIP with an annualized return of 2.44%, while VTIP has yielded a comparatively higher 2.87% annualized return.
VIPIX
3.99%
-0.31%
2.77%
7.59%
1.73%
2.44%
VTIP
3.74%
0.64%
4.10%
7.80%
4.11%
2.87%
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VIPIX vs. VTIP - Expense Ratio Comparison
VIPIX has a 0.07% expense ratio, which is higher than VTIP's 0.04% 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
VIPIX vs. VTIP — Risk-Adjusted Performance Rank
VIPIX
VTIP
VIPIX vs. VTIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Inflation-Protected Securities Fund Institutional Shares (VIPIX) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). 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. VTIP - Dividend Comparison
VIPIX's dividend yield for the trailing twelve months is around 4.17%, more than VTIP's 2.75% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIPIX Vanguard Inflation-Protected Securities Fund Institutional Shares | 4.17% | 4.20% | 4.34% | 8.49% | 5.16% | 1.41% | 2.32% | 3.16% | 2.45% | 3.50% | 0.91% | 2.39% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 2.75% | 2.70% | 3.36% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% |
Drawdowns
VIPIX vs. VTIP - Drawdown Comparison
The maximum VIPIX drawdown since its inception was -15.04%, which is greater than VTIP's maximum drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for VIPIX and VTIP. For additional features, visit the drawdowns tool.
Volatility
VIPIX vs. VTIP - Volatility Comparison
Vanguard Inflation-Protected Securities Fund Institutional Shares (VIPIX) has a higher volatility of 2.23% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 1.08%. This indicates that VIPIX's price experiences larger fluctuations and is considered to be riskier than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.