VITPX vs. VCOBX
Compare and contrast key facts about Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares (VITPX) and Vanguard Core Bond Fund Admiral Shares (VCOBX).
VITPX is managed by Vanguard. It was launched on May 31, 2001. VCOBX is managed by Vanguard. It was launched on Mar 28, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VITPX or VCOBX.
Key characteristics
| VITPX | VCOBX | |
|---|---|---|
| YTD Return | 17.71% | 5.09% |
| 1Y Return | 27.66% | 10.82% |
| 3Y Return (Ann) | 8.27% | -1.45% |
| 5Y Return (Ann) | 14.55% | 1.11% |
| Sharpe Ratio | 2.10 | 1.69 |
| Daily Std Dev | 13.05% | 6.20% |
| Max Drawdown | -55.28% | -18.09% |
| Current Drawdown | -0.64% | -4.73% |
Correlation
The correlation between VITPX and VCOBX is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
VITPX vs. VCOBX - Performance Comparison
In the year-to-date period, VITPX achieves a 17.71% return, which is significantly higher than VCOBX's 5.09% 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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VITPX vs. VCOBX - Expense Ratio Comparison
VITPX has a 0.02% expense ratio, which is lower than VCOBX's 0.10% 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. VCOBX - 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 Vanguard Core Bond Fund Admiral Shares (VCOBX). 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. VCOBX - Dividend Comparison
VITPX's dividend yield for the trailing twelve months is around 2.17%, less than VCOBX's 4.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VITPX Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares | 2.17% | 2.41% | 6.48% | 5.38% | 11.57% | 2.91% | 4.40% | 2.41% | 2.80% | 2.30% | 1.80% | 1.74% |
VCOBX Vanguard Core Bond Fund Admiral Shares | 4.31% | 4.09% | 3.01% | 1.29% | 3.09% | 3.08% | 3.10% | 2.20% | 2.30% | 0.00% | 0.00% | 0.00% |
Drawdowns
VITPX vs. VCOBX - Drawdown Comparison
The maximum VITPX drawdown since its inception was -55.28%, which is greater than VCOBX's maximum drawdown of -18.09%. Use the drawdown chart below to compare losses from any high point for VITPX and VCOBX. For additional features, visit the drawdowns tool.
Volatility
VITPX vs. VCOBX - Volatility Comparison
Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares (VITPX) has a higher volatility of 4.08% compared to Vanguard Core Bond Fund Admiral Shares (VCOBX) at 1.18%. This indicates that VITPX's price experiences larger fluctuations and is considered to be riskier than VCOBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.