VIPSX vs. VCIT
Compare and contrast key facts about Vanguard Inflation-Protected Securities Fund Investor Shares (VIPSX) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT).
VIPSX is managed by Vanguard. It was launched on Jun 29, 2000. VCIT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 5-10 Year Corp Index. It was launched on Nov 19, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VIPSX or VCIT.
Key characteristics
| VIPSX | VCIT | |
|---|---|---|
| YTD Return | -1.50% | -2.53% |
| 1Y Return | -2.03% | 1.26% |
| 3Y Return (Ann) | -1.62% | -2.65% |
| 5Y Return (Ann) | 1.90% | 1.12% |
| 10Y Return (Ann) | 1.74% | 2.46% |
| Sharpe Ratio | -0.24 | 0.25 |
| Daily Std Dev | 6.04% | 7.11% |
| Max Drawdown | -15.13% | -20.56% |
| Current Drawdown | -10.71% | -10.45% |
Correlation
The correlation between VIPSX and VCIT is 0.72, 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
VIPSX vs. VCIT - Performance Comparison
In the year-to-date period, VIPSX achieves a -1.50% return, which is significantly higher than VCIT's -2.53% return. Over the past 10 years, VIPSX has underperformed VCIT with an annualized return of 1.74%, while VCIT has yielded a comparatively higher 2.46% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VIPSX vs. VCIT - Expense Ratio Comparison
VIPSX has a 0.20% expense ratio, which is higher than VCIT'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
VIPSX vs. VCIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Inflation-Protected Securities Fund Investor Shares (VIPSX) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT). 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
VIPSX vs. VCIT - Dividend Comparison
VIPSX's dividend yield for the trailing twelve months is around 4.09%, which matches VCIT's 4.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIPSX Vanguard Inflation-Protected Securities Fund Investor Shares | 4.09% | 4.20% | 8.34% | 5.03% | 1.28% | 2.22% | 3.02% | 2.32% | 3.38% | 0.77% | 2.25% | 2.01% |
VCIT Vanguard Intermediate-Term Corporate Bond ETF | 4.05% | 3.72% | 3.03% | 2.87% | 2.78% | 3.37% | 3.61% | 3.21% | 3.29% | 3.34% | 3.34% | 4.00% |
Drawdowns
VIPSX vs. VCIT - Drawdown Comparison
The maximum VIPSX drawdown since its inception was -15.13%, smaller than the maximum VCIT drawdown of -20.56%. Use the drawdown chart below to compare losses from any high point for VIPSX and VCIT. For additional features, visit the drawdowns tool.
Volatility
VIPSX vs. VCIT - Volatility Comparison
The current volatility for Vanguard Inflation-Protected Securities Fund Investor Shares (VIPSX) is 1.52%, while Vanguard Intermediate-Term Corporate Bond ETF (VCIT) has a volatility of 1.88%. This indicates that VIPSX experiences smaller price fluctuations and is considered to be less risky than VCIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.