VITPX vs. VPMAX
Compare and contrast key facts about Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares (VITPX) and Vanguard PRIMECAP Fund Admiral Shares (VPMAX).
VITPX is managed by Vanguard. It was launched on May 31, 2001. VPMAX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VITPX or VPMAX.
Key characteristics
| VITPX | VPMAX | |
|---|---|---|
| YTD Return | 17.71% | 12.98% |
| 1Y Return | 27.66% | 21.14% |
| 3Y Return (Ann) | 8.27% | 8.57% |
| 5Y Return (Ann) | 14.55% | 14.21% |
| 10Y Return (Ann) | 12.31% | 12.93% |
| Sharpe Ratio | 2.10 | 1.23 |
| Daily Std Dev | 13.05% | 17.12% |
| Max Drawdown | -55.28% | -48.32% |
| Current Drawdown | -0.64% | -5.18% |
Correlation
The correlation between VITPX and VPMAX is 0.95, 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. VPMAX - Performance Comparison
In the year-to-date period, VITPX achieves a 17.71% return, which is significantly higher than VPMAX's 12.98% return. Over the past 10 years, VITPX has underperformed VPMAX with an annualized return of 12.31%, while VPMAX has yielded a comparatively higher 12.93% 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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VITPX vs. VPMAX - Expense Ratio Comparison
VITPX has a 0.02% expense ratio, which is lower than VPMAX's 0.31% expense ratio.
Risk-Adjusted Performance
VITPX vs. VPMAX - 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 PRIMECAP Fund Admiral Shares (VPMAX). 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. VPMAX - Dividend Comparison
VITPX's dividend yield for the trailing twelve months is around 2.17%, less than VPMAX's 6.40% 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% |
VPMAX Vanguard PRIMECAP Fund Admiral Shares | 6.40% | 7.24% | 9.94% | 10.18% | 9.82% | 7.23% | 8.43% | 5.61% | 5.13% | 5.99% | 6.87% | 5.11% |
Drawdowns
VITPX vs. VPMAX - Drawdown Comparison
The maximum VITPX drawdown since its inception was -55.28%, which is greater than VPMAX's maximum drawdown of -48.32%. Use the drawdown chart below to compare losses from any high point for VITPX and VPMAX. For additional features, visit the drawdowns tool.
Volatility
VITPX vs. VPMAX - Volatility Comparison
Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares (VITPX) and Vanguard PRIMECAP Fund Admiral Shares (VPMAX) have volatilities of 4.08% and 4.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.