VITPX vs. SPY
Compare and contrast key facts about Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares (VITPX) and SPDR S&P 500 ETF (SPY).
VITPX is managed by Vanguard. It was launched on May 31, 2001. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VITPX or SPY.
Correlation
The correlation between VITPX and SPY is 0.98, 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
VITPX vs. SPY - Performance Comparison
Key characteristics
VITPX:
0.17
SPY:
0.30
VITPX:
0.37
SPY:
0.56
VITPX:
1.05
SPY:
1.08
VITPX:
0.16
SPY:
0.31
VITPX:
0.68
SPY:
1.40
VITPX:
4.81%
SPY:
4.18%
VITPX:
19.42%
SPY:
19.64%
VITPX:
-55.28%
SPY:
-55.19%
VITPX:
-15.52%
SPY:
-13.86%
Returns By Period
In the year-to-date period, VITPX achieves a -10.88% return, which is significantly lower than SPY's -9.91% return. Over the past 10 years, VITPX has underperformed SPY with an annualized return of 8.16%, while SPY has yielded a comparatively higher 11.59% annualized return.
VITPX
-10.88%
-7.59%
-11.52%
4.11%
9.75%
8.16%
SPY
-9.91%
-6.90%
-9.38%
6.72%
14.62%
11.59%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VITPX vs. SPY - Expense Ratio Comparison
VITPX has a 0.02% expense ratio, which is lower than SPY's 0.09% expense ratio. Despite the difference, 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
VITPX vs. SPY — Risk-Adjusted Performance Rank
VITPX
SPY
VITPX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares (VITPX) and SPDR S&P 500 ETF (SPY). 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
VITPX vs. SPY - Dividend Comparison
VITPX's dividend yield for the trailing twelve months is around 1.49%, more than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VITPX Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares | 1.49% | 1.31% | 1.47% | 1.71% | 1.26% | 1.65% | 1.82% | 2.20% | 1.74% | 2.04% | 2.30% | 1.80% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
VITPX vs. SPY - Drawdown Comparison
The maximum VITPX drawdown since its inception was -55.28%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VITPX and SPY. For additional features, visit the drawdowns tool.
Volatility
VITPX vs. SPY - Volatility Comparison
The current volatility for Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares (VITPX) is 13.71%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that VITPX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.