VIVIX vs. VFIAX
Compare and contrast key facts about Vanguard Value Index Fund Institutional Shares (VIVIX) and Vanguard 500 Index Fund Admiral Shares (VFIAX).
VIVIX is managed by Vanguard. It was launched on Jul 2, 1998. VFIAX is managed by Vanguard. It was launched on Nov 13, 2000.
Performance
VIVIX vs. VFIAX - Performance Comparison
Loading graphics...
VIVIX vs. VFIAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VIVIX Vanguard Value Index Fund Institutional Shares | 1.63% | 15.30% | 15.99% | 9.23% | -2.05% | 26.50% | 2.30% | 25.83% | -5.44% | 17.14% |
VFIAX Vanguard 500 Index Fund Admiral Shares | -7.06% | 17.83% | 24.97% | 26.24% | -18.16% | 28.65% | 18.32% | 31.46% | -4.45% | 21.78% |
Returns By Period
In the year-to-date period, VIVIX achieves a 1.63% return, which is significantly higher than VFIAX's -7.06% return. Over the past 10 years, VIVIX has underperformed VFIAX with an annualized return of 11.62%, while VFIAX has yielded a comparatively higher 13.71% annualized return.
VIVIX
- 1D
- -0.17%
- 1M
- -6.36%
- YTD
- 1.63%
- 6M
- 4.64%
- 1Y
- 14.18%
- 3Y*
- 14.46%
- 5Y*
- 10.63%
- 10Y*
- 11.62%
VFIAX
- 1D
- -0.39%
- 1M
- -7.69%
- YTD
- -7.06%
- 6M
- -4.61%
- 1Y
- 14.41%
- 3Y*
- 17.14%
- 5Y*
- 11.37%
- 10Y*
- 13.71%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VIVIX vs. VFIAX - Expense Ratio Comparison
Both VIVIX and VFIAX have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
VIVIX vs. VFIAX — Risk / Return Rank
VIVIX
VFIAX
VIVIX vs. VFIAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Value Index Fund Institutional Shares (VIVIX) and Vanguard 500 Index Fund Admiral Shares (VFIAX). 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.
| VIVIX | VFIAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.04 | 0.84 | +0.21 |
Sortino ratioReturn per unit of downside risk | 1.50 | 1.30 | +0.21 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.20 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.25 | 1.06 | +0.19 |
Martin ratioReturn relative to average drawdown | 5.67 | 5.13 | +0.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VIVIX | VFIAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 0.84 | +0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | 0.68 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | 0.76 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.43 | -0.04 |
Correlation
The correlation between VIVIX and VFIAX is 0.93, 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.
Dividends
VIVIX vs. VFIAX - Dividend Comparison
VIVIX's dividend yield for the trailing twelve months is around 2.06%, more than VFIAX's 1.22% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIVIX Vanguard Value Index Fund Institutional Shares | 2.06% | 2.04% | 2.31% | 2.46% | 2.52% | 2.15% | 2.55% | 2.50% | 2.73% | 2.30% | 2.46% | 2.61% |
VFIAX Vanguard 500 Index Fund Admiral Shares | 1.22% | 1.12% | 1.24% | 1.45% | 1.68% | 1.24% | 1.53% | 1.87% | 2.05% | 1.78% | 2.02% | 2.10% |
Drawdowns
VIVIX vs. VFIAX - Drawdown Comparison
The maximum VIVIX drawdown since its inception was -59.30%, which is greater than VFIAX's maximum drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for VIVIX and VFIAX.
Loading graphics...
Drawdown Indicators
| VIVIX | VFIAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.30% | -55.20% | -4.10% |
Max Drawdown (1Y)Largest decline over 1 year | -11.29% | -12.12% | +0.83% |
Max Drawdown (5Y)Largest decline over 5 years | -17.12% | -24.53% | +7.41% |
Max Drawdown (10Y)Largest decline over 10 years | -36.80% | -33.83% | -2.97% |
Current DrawdownCurrent decline from peak | -6.36% | -8.90% | +2.54% |
Average DrawdownAverage peak-to-trough decline | -9.31% | -9.46% | +0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 2.49% | -0.01% |
Volatility
VIVIX vs. VFIAX - Volatility Comparison
The current volatility for Vanguard Value Index Fund Institutional Shares (VIVIX) is 3.27%, while Vanguard 500 Index Fund Admiral Shares (VFIAX) has a volatility of 4.24%. This indicates that VIVIX experiences smaller price fluctuations and is considered to be less risky than VFIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VIVIX | VFIAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.27% | 4.24% | -0.97% |
Volatility (6M)Calculated over the trailing 6-month period | 7.52% | 9.08% | -1.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.82% | 18.13% | -3.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.90% | 16.86% | -2.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.74% | 18.03% | -1.29% |