VITAX vs. VOO
Compare and contrast key facts about Vanguard Information Technology Index Fund Admiral Shares (VITAX) and Vanguard S&P 500 ETF (VOO).
VITAX is a passively managed fund by Vanguard that tracks the performance of the MSCI US IMI Info Technology 25/50. It was launched on Mar 25, 2004. 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. Both VITAX and VOO 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: VITAX or VOO.
Key characteristics
| VITAX | VOO | |
|---|---|---|
| YTD Return | 1.25% | 5.63% |
| 1Y Return | 29.52% | 23.68% |
| 3Y Return (Ann) | 9.96% | 7.89% |
| 5Y Return (Ann) | 19.12% | 13.12% |
| 10Y Return (Ann) | 19.71% | 12.38% |
| Sharpe Ratio | 1.52 | 1.91 |
| Daily Std Dev | 18.48% | 11.70% |
| Max Drawdown | -54.81% | -33.99% |
| Current Drawdown | -7.57% | -4.45% |
Correlation
The correlation between VITAX and VOO is 0.89, 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
VITAX vs. VOO - Performance Comparison
In the year-to-date period, VITAX achieves a 1.25% return, which is significantly lower than VOO's 5.63% return. Over the past 10 years, VITAX has outperformed VOO with an annualized return of 19.71%, while VOO has yielded a comparatively lower 12.38% 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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VITAX vs. VOO - Expense Ratio Comparison
VITAX has a 0.10% 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
VITAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Information Technology Index Fund Admiral Shares (VITAX) 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
VITAX vs. VOO - Dividend Comparison
VITAX's dividend yield for the trailing twelve months is around 0.74%, less than VOO's 1.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VITAX Vanguard Information Technology Index Fund Admiral Shares | 0.74% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.04% |
VOO Vanguard S&P 500 ETF | 1.39% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
VITAX vs. VOO - Drawdown Comparison
The maximum VITAX drawdown since its inception was -54.81%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VITAX and VOO. For additional features, visit the drawdowns tool.
Volatility
VITAX vs. VOO - Volatility Comparison
Vanguard Information Technology Index Fund Admiral Shares (VITAX) has a higher volatility of 6.53% compared to Vanguard S&P 500 ETF (VOO) at 3.89%. This indicates that VITAX'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.