VIVIX vs. VIIIX
Compare and contrast key facts about Vanguard Value Index Fund Institutional Shares (VIVIX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX).
VIVIX is managed by Vanguard. It was launched on Jul 2, 1998. VIIIX is managed by Vanguard. It was launched on Jul 7, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VIVIX or VIIIX.
Correlation
The correlation between VIVIX and VIIIX 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.
Performance
VIVIX vs. VIIIX - Performance Comparison
Key characteristics
VIVIX:
1.77
VIIIX:
2.08
VIVIX:
2.50
VIIIX:
2.77
VIVIX:
1.32
VIIIX:
1.38
VIVIX:
2.48
VIIIX:
3.09
VIVIX:
9.73
VIIIX:
13.43
VIVIX:
1.88%
VIIIX:
1.95%
VIVIX:
10.37%
VIIIX:
12.58%
VIVIX:
-59.30%
VIIIX:
-55.18%
VIVIX:
-6.29%
VIIIX:
-2.57%
Returns By Period
In the year-to-date period, VIVIX achieves a 16.02% return, which is significantly lower than VIIIX's 25.65% return. Over the past 10 years, VIVIX has underperformed VIIIX with an annualized return of 9.89%, while VIIIX has yielded a comparatively higher 11.93% annualized return.
VIVIX
16.02%
-4.72%
6.39%
16.74%
9.98%
9.89%
VIIIX
25.65%
-0.19%
9.24%
24.62%
12.81%
11.93%
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VIVIX vs. VIIIX - Expense Ratio Comparison
VIVIX has a 0.04% expense ratio, which is higher than VIIIX's 0.02% 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%.
Risk-Adjusted Performance
VIVIX vs. VIIIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Value Index Fund Institutional Shares (VIVIX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX). 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. VIIIX - Dividend Comparison
VIVIX's dividend yield for the trailing twelve months is around 1.73%, more than VIIIX's 1.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIVIX Vanguard Value Index Fund Institutional Shares | 1.73% | 2.46% | 2.52% | 2.14% | 2.56% | 2.50% | 2.73% | 2.30% | 2.46% | 2.61% | 2.23% | 2.22% |
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares | 1.27% | 1.49% | 1.75% | 1.30% | 1.60% | 1.93% | 2.14% | 1.84% | 2.09% | 2.47% | 1.90% | 1.87% |
Drawdowns
VIVIX vs. VIIIX - Drawdown Comparison
The maximum VIVIX drawdown since its inception was -59.30%, which is greater than VIIIX's maximum drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for VIVIX and VIIIX. For additional features, visit the drawdowns tool.
Volatility
VIVIX vs. VIIIX - Volatility Comparison
Vanguard Value Index Fund Institutional Shares (VIVIX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) have volatilities of 3.61% and 3.79%, 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.