VIVIX vs. SPY
Compare and contrast key facts about Vanguard Value Index Fund Institutional Shares (VIVIX) and SPDR S&P 500 ETF (SPY).
VIVIX is managed by Vanguard. It was launched on Jul 2, 1998. 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: VIVIX or SPY.
Correlation
The correlation between VIVIX 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.
Performance
VIVIX vs. SPY - Performance Comparison
Key characteristics
VIVIX:
2.11
SPY:
2.20
VIVIX:
2.94
SPY:
2.92
VIVIX:
1.38
SPY:
1.41
VIVIX:
3.04
SPY:
3.35
VIVIX:
9.40
SPY:
14.01
VIVIX:
2.38%
SPY:
2.01%
VIVIX:
10.62%
SPY:
12.76%
VIVIX:
-59.30%
SPY:
-55.19%
VIVIX:
-2.13%
SPY:
-0.45%
Returns By Period
In the year-to-date period, VIVIX achieves a 4.47% return, which is significantly higher than SPY's 2.90% return. Over the past 10 years, VIVIX has underperformed SPY with an annualized return of 10.58%, while SPY has yielded a comparatively higher 13.39% annualized return.
VIVIX
4.47%
4.44%
8.20%
20.97%
10.76%
10.58%
SPY
2.90%
2.01%
9.60%
26.34%
14.48%
13.39%
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VIVIX vs. SPY - Expense Ratio Comparison
VIVIX has a 0.04% 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
VIVIX vs. SPY — Risk-Adjusted Performance Rank
VIVIX
SPY
VIVIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Value Index Fund Institutional Shares (VIVIX) 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
VIVIX vs. SPY - Dividend Comparison
VIVIX's dividend yield for the trailing twelve months is around 2.22%, more than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIVIX Vanguard Value Index Fund Institutional Shares | 2.22% | 2.31% | 2.46% | 2.52% | 2.14% | 2.56% | 2.50% | 2.73% | 2.30% | 2.46% | 2.61% | 2.84% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
VIVIX vs. SPY - Drawdown Comparison
The maximum VIVIX drawdown since its inception was -59.30%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VIVIX and SPY. For additional features, visit the drawdowns tool.
Volatility
VIVIX vs. SPY - Volatility Comparison
The current volatility for Vanguard Value Index Fund Institutional Shares (VIVIX) is 4.30%, while SPDR S&P 500 ETF (SPY) has a volatility of 5.17%. This indicates that VIVIX 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.