VITPX vs. REDWX

Last updated Jun 4, 2026

VITPX (Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares) and REDWX (Aspiration Redwood Fund) are both Large Cap Blend Equities funds. Over the past 10 years, VITPX returned 15.19%/yr vs 13.38%/yr for REDWX. Their correlation of 0.93 suggests significant overlap in exposure. VITPX charges 0.02%/yr vs 2.50%/yr for REDWX.

Performance

VITPX vs. REDWX - 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 Aspiration Redwood Fund (REDWX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VITPX achieves a 11.99% return, which is significantly higher than REDWX's 8.62% return. Over the past 10 years, VITPX has outperformed REDWX with an annualized return of 15.19%, while REDWX has yielded a comparatively lower 13.38% annualized return.

VITPX

• 1D: 0.24%
• 1M: 5.76%
• YTD: 11.99%
• 6M: 11.89%
• 1Y: 29.15%
• 3Y*: 22.92%
• 5Y*: 13.38%
• 10Y*: 15.19%

REDWX

• 1D: -0.36%
• 1M: 6.69%
• YTD: 8.62%
• 6M: 9.47%
• 1Y: 22.84%
• 3Y*: 15.99%
• 5Y*: 8.73%
• 10Y*: 13.38%

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

VITPX vs. REDWX - 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	11.99%	17.17%	25.43%	26.01%	-19.48%	25.76%	20.95%	30.87%	-5.59%	20.51%
REDWX Aspiration Redwood Fund	8.62%	18.06%	7.91%	23.24%	-20.30%	26.83%	15.89%	37.29%	-8.58%	22.53%

Correlation

The correlation between VITPX and REDWX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.93

The correlation between VITPX and REDWX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

Return for Risk

VITPX vs. REDWX — Risk / Return Rank

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

VITPX

VITPX Risk / Return Rank: 72
VITPX Sharpe Ratio Rank: 73
VITPX Sortino Ratio Rank: 65
VITPX Omega Ratio Rank: 64
VITPX Calmar Ratio Rank: 74
VITPX Martin Ratio Rank: 82

REDWX

REDWX Risk / Return Rank: 35
REDWX Sharpe Ratio Rank: 43
REDWX Sortino Ratio Rank: 42
REDWX Omega Ratio Rank: 39
REDWX Calmar Ratio Rank: 23
REDWX Martin Ratio Rank: 29

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. REDWX - 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 Aspiration Redwood Fund (REDWX). 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.

	VITPX	REDWX	Difference
Sharpe ratio: Return per unit of total volatility	2.47	1.92	+0.55
Sortino ratio: Return per unit of downside risk	3.37	2.74	+0.62
Omega ratio: Gain probability vs. loss probability	1.44	1.33	+0.11
Calmar ratio: Return relative to maximum drawdown	3.38	1.81	+1.57
Martin ratio: Return relative to average drawdown	15.60	6.83	+8.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VITPX vs. REDWX - Sharpe Ratio Comparison

The current VITPX Sharpe Ratio is 2.47, which is comparable to the REDWX Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of VITPX and REDWX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VITPX	REDWX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.47	1.92	+0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.49	+0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.83	0.66	+0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.65	-0.15

Drawdowns

VITPX vs. REDWX - Drawdown Comparison

The maximum VITPX drawdown since its inception was -55.28%, which is greater than REDWX's maximum drawdown of -41.09%. Use the drawdown chart below to compare losses from any high point for VITPX and REDWX.

Drawdown Indicators

	VITPX	REDWX	Difference
Max Drawdown Largest peak-to-trough decline	-55.28%	-41.09%	-14.19%
Max Drawdown (1Y) Largest decline over 1 year	-8.92%	-13.47%	+4.55%
Max Drawdown (3Y) Largest decline over 3 years	-19.35%	-18.23%	-1.12%
Max Drawdown (5Y) Largest decline over 5 years	-25.31%	-26.04%	+0.73%
Max Drawdown (10Y) Largest decline over 10 years	-34.99%	-41.09%	+6.10%
Current Drawdown Current decline from peak	0.00%	-0.36%	+0.36%
Average Drawdown Average peak-to-trough decline	-8.02%	-5.58%	-2.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.93%	3.55%	-1.62%

Volatility

VITPX vs. REDWX - Volatility Comparison

The current volatility for Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares (VITPX) is 2.94%, while Aspiration Redwood Fund (REDWX) has a volatility of 3.34%. This indicates that VITPX experiences smaller price fluctuations and is considered to be less risky than REDWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VITPX	REDWX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.94%	3.34%	-0.40%
Volatility (6M) Calculated over the trailing 6-month period	9.19%	9.69%	-0.50%
Volatility (1Y) Calculated over the trailing 1-year period	12.19%	12.66%	-0.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.35%	17.90%	-0.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.41%	20.37%	-1.96%

VITPX vs. REDWX - Expense Ratio Comparison

VITPX has a 0.02% expense ratio, which is lower than REDWX's 2.50% expense ratio.

Dividends

VITPX vs. REDWX - Dividend Comparison

VITPX's dividend yield for the trailing twelve months is around 2.24%, less than REDWX's 11.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
REDWX Aspiration Redwood Fund	11.59%	12.59%	7.55%	0.44%	2.40%	9.99%	0.00%	9.08%	9.75%	4.66%	5.17%	0.00%
VITPX Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares	2.24%	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 REDWX in my portfolio?

With a correlation of 0.90, VITPX and REDWX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, VITPX or REDWX?

REDWX has higher volatility (3.34%) compared to VITPX (2.94%). In terms of maximum drawdown, VITPX dropped -55.28% vs REDWX's -41.09%.

Which has better risk-adjusted returns?

VITPX currently has the higher Sharpe Ratio (2.47 vs 1.92), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.