VITPX vs. VSMPX
Compare and contrast key facts about Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares (VITPX) and Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX).
VITPX is managed by Vanguard. It was launched on May 31, 2001. VSMPX is managed by Vanguard. It was launched on Apr 28, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VITPX or VSMPX.
Key characteristics
| VITPX | VSMPX | |
|---|---|---|
| YTD Return | 17.90% | 17.89% |
| 1Y Return | 27.56% | 27.55% |
| 3Y Return (Ann) | 8.35% | 8.32% |
| 5Y Return (Ann) | 14.47% | 14.46% |
| Sharpe Ratio | 1.99 | 1.99 |
| Daily Std Dev | 13.08% | 13.07% |
| Max Drawdown | -55.28% | -34.97% |
| Current Drawdown | -0.49% | -0.48% |
Correlation
The correlation between VITPX and VSMPX is 1.00, 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. VSMPX - Performance Comparison
The year-to-date returns for both stocks are quite close, with VITPX having a 17.90% return and VSMPX slightly lower at 17.89%. 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. VSMPX - Expense Ratio Comparison
Both VITPX and VSMPX have an expense ratio of 0.02%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VITPX vs. VSMPX - 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 Total Stock Market Index Fund Institutional Plus Shares (VSMPX). 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. VSMPX - Dividend Comparison
VITPX's dividend yield for the trailing twelve months is around 2.16%, more than VSMPX's 1.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VITPX Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares | 2.16% | 2.41% | 6.48% | 5.38% | 11.57% | 2.91% | 4.40% | 2.41% | 2.80% | 2.30% | 1.80% | 1.74% |
VSMPX Vanguard Total Stock Market Index Fund Institutional Plus Shares | 1.32% | 1.44% | 1.67% | 1.22% | 1.43% | 1.78% | 2.05% | 1.73% | 1.95% | 1.52% | 0.00% | 0.00% |
Drawdowns
VITPX vs. VSMPX - Drawdown Comparison
The maximum VITPX drawdown since its inception was -55.28%, which is greater than VSMPX's maximum drawdown of -34.97%. Use the drawdown chart below to compare losses from any high point for VITPX and VSMPX. For additional features, visit the drawdowns tool.
Volatility
VITPX vs. VSMPX - Volatility Comparison
Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares (VITPX) and Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX) have volatilities of 4.18% and 4.18%, 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.