VITPX vs. BFSAX

Last updated Jun 24, 2026

VITPX (Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares) and BFSAX (BFS Equity Fund) are both Large Cap Blend Equities funds. Their correlation of 0.84 suggests significant overlap in exposure. VITPX charges 0.02%/yr vs 1.25%/yr for BFSAX.

Performance

VITPX vs. BFSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares (VITPX) and BFS Equity Fund (BFSAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VITPX

• 1D: -0.35%
• 1M: 0.55%
• YTD: 10.34%
• 6M: 9.20%
• 1Y: 25.98%
• 3Y*: 21.74%
• 5Y*: 12.69%
• 10Y*: 15.36%

BFSAX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VITPX vs. BFSAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VITPX Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares	10.34%	17.17%	25.43%	26.01%	-19.48%	25.76%	20.95%	30.87%	-5.59%	20.51%
BFSAX BFS Equity Fund	0.00%	0.00%	0.00%	8.75%	-18.53%	24.95%	10.46%	32.88%	-2.96%	20.97%

Correlation

The correlation between VITPX and BFSAX is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (10Y) Calculated over the trailing 10-year period	0.81
Correlation (All Time) Calculated using the full available price history since Nov 8, 2013	0.84

The correlation between VITPX and BFSAX shifts across timeframes, from 0.31 (3 years) to 0.84 (all time), reflecting how their relationship changes across market environments.

Return for Risk

VITPX vs. BFSAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VITPX

VITPX Risk / Return Rank: 65
VITPX Sharpe Ratio Rank: 62
VITPX Sortino Ratio Rank: 56
VITPX Omega Ratio Rank: 57
VITPX Calmar Ratio Rank: 69
VITPX Martin Ratio Rank: 79

BFSAX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VITPX vs. BFSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares (VITPX) and BFS Equity Fund (BFSAX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VITPX	BFSAX	Difference
Sharpe ratio: Return per unit of total volatility	2.13	—	—
Sortino ratio: Return per unit of downside risk	2.89	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	3.06	—	—
Martin ratio: Return relative to average drawdown	13.70	—	—

Drawdowns

Drawdown Indicators

	VITPX	BFSAX	Difference
Max Drawdown Largest peak-to-trough decline	-55.28%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.92%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.35%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.31%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.99%	—	—
Current Drawdown Current decline from peak	-1.47%	—	—
Average Drawdown Average peak-to-trough decline	-8.01%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	—	—

Volatility

Volatility by Period

	VITPX	BFSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.77%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.04%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.83%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.44%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.46%	—	—

VITPX vs. BFSAX - Expense Ratio Comparison

VITPX has a 0.02% expense ratio, which is lower than BFSAX's 1.25% expense ratio.

Dividends

VITPX vs. BFSAX - Dividend Comparison

VITPX's dividend yield for the trailing twelve months is around 2.27%, while BFSAX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BFSAX BFS Equity Fund	0.00%	0.00%	0.00%	0.00%	1.14%	9.63%	1.50%	1.69%	3.63%	0.32%	0.45%	0.30%
VITPX Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares	2.27%	2.64%	4.14%	2.41%	6.48%	5.38%	11.57%	2.91%	3.93%	1.90%	2.80%	2.30%

Frequently Asked Questions

Can I hold both VITPX and BFSAX in my portfolio?

VITPX and BFSAX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.