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VIVAX vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VIVAX and SPY is 0.91, 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.


-0.50.00.51.00.9

Performance

VIVAX vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Value Index Fund (VIVAX) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

1,600.00%1,800.00%2,000.00%2,200.00%2,400.00%JulyAugustSeptemberOctoberNovemberDecember
1,641.73%
2,282.02%
VIVAX
SPY

Key characteristics

Sharpe Ratio

VIVAX:

1.54

SPY:

2.03

Sortino Ratio

VIVAX:

2.17

SPY:

2.71

Omega Ratio

VIVAX:

1.27

SPY:

1.38

Calmar Ratio

VIVAX:

2.28

SPY:

3.02

Martin Ratio

VIVAX:

9.00

SPY:

13.49

Ulcer Index

VIVAX:

1.79%

SPY:

1.88%

Daily Std Dev

VIVAX:

10.47%

SPY:

12.48%

Max Drawdown

VIVAX:

-59.38%

SPY:

-55.19%

Current Drawdown

VIVAX:

-7.05%

SPY:

-3.54%

Returns By Period

In the year-to-date period, VIVAX achieves a 14.94% return, which is significantly lower than SPY's 24.51% return. Over the past 10 years, VIVAX has underperformed SPY with an annualized return of 9.75%, while SPY has yielded a comparatively higher 12.94% annualized return.


VIVAX

YTD

14.94%

1M

-4.51%

6M

5.40%

1Y

15.29%

5Y*

9.67%

10Y*

9.75%

SPY

YTD

24.51%

1M

-0.32%

6M

7.56%

1Y

24.63%

5Y*

14.51%

10Y*

12.94%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VIVAX vs. SPY - Expense Ratio Comparison

VIVAX has a 0.17% expense ratio, which is higher than SPY's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


VIVAX
Vanguard Value Index Fund
Expense ratio chart for VIVAX: current value at 0.17% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.17%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

VIVAX vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Value Index Fund (VIVAX) 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.


Sharpe ratio
The chart of Sharpe ratio for VIVAX, currently valued at 1.54, compared to the broader market-1.000.001.002.003.004.001.542.03
The chart of Sortino ratio for VIVAX, currently valued at 2.17, compared to the broader market-2.000.002.004.006.008.0010.002.172.71
The chart of Omega ratio for VIVAX, currently valued at 1.27, compared to the broader market0.501.001.502.002.503.003.501.271.38
The chart of Calmar ratio for VIVAX, currently valued at 2.28, compared to the broader market0.005.0010.0015.002.283.02
The chart of Martin ratio for VIVAX, currently valued at 9.00, compared to the broader market0.0020.0040.0060.009.0013.49
VIVAX
SPY

The current VIVAX Sharpe Ratio is 1.54, which is comparable to the SPY Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of VIVAX and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.54
2.03
VIVAX
SPY

Dividends

VIVAX vs. SPY - Dividend Comparison

VIVAX's dividend yield for the trailing twelve months is around 2.23%, more than SPY's 0.87% yield.


TTM20232022202120202019201820172016201520142013
VIVAX
Vanguard Value Index Fund
2.23%2.33%2.39%2.02%2.44%2.39%2.59%2.18%2.33%2.46%2.08%2.08%
SPY
SPDR S&P 500 ETF
0.87%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

VIVAX vs. SPY - Drawdown Comparison

The maximum VIVAX drawdown since its inception was -59.38%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VIVAX and SPY. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.05%
-3.54%
VIVAX
SPY

Volatility

VIVAX vs. SPY - Volatility Comparison

The current volatility for Vanguard Value Index Fund (VIVAX) is 3.37%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.64%. This indicates that VIVAX 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.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.37%
3.64%
VIVAX
SPY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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