VLACX vs. SPLG
Compare and contrast key facts about Vanguard Large Cap Index Fund (VLACX) and SPDR Portfolio S&P 500 ETF (SPLG).
VLACX is managed by Vanguard. It was launched on Jan 27, 2004. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLACX or SPLG.
Key characteristics
| VLACX | SPLG | |
|---|---|---|
| YTD Return | 27.20% | 27.25% |
| 1Y Return | 38.04% | 37.79% |
| 3Y Return (Ann) | 9.49% | 10.35% |
| 5Y Return (Ann) | 15.86% | 16.08% |
| 10Y Return (Ann) | 13.24% | 13.49% |
| Sharpe Ratio | 3.23 | 3.27 |
| Sortino Ratio | 4.28 | 4.34 |
| Omega Ratio | 1.61 | 1.62 |
| Calmar Ratio | 4.69 | 4.74 |
| Martin Ratio | 21.32 | 21.54 |
| Ulcer Index | 1.89% | 1.86% |
| Daily Std Dev | 12.39% | 12.17% |
| Max Drawdown | -54.82% | -54.50% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between VLACX and SPLG is 0.86, 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
VLACX vs. SPLG - Performance Comparison
The year-to-date returns for both investments are quite close, with VLACX having a 27.20% return and SPLG slightly higher at 27.25%. Both investments have delivered pretty close results over the past 10 years, with VLACX having a 13.24% annualized return and SPLG not far ahead at 13.49%. 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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VLACX vs. SPLG - Expense Ratio Comparison
VLACX has a 0.17% expense ratio, which is higher than SPLG's 0.03% 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
VLACX vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Large Cap Index Fund (VLACX) and SPDR Portfolio S&P 500 ETF (SPLG). 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
VLACX vs. SPLG - Dividend Comparison
VLACX's dividend yield for the trailing twelve months is around 1.12%, less than SPLG's 1.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLACX Vanguard Large Cap Index Fund | 1.12% | 1.30% | 1.51% | 1.07% | 1.35% | 1.72% | 1.95% | 1.64% | 1.87% | 1.84% | 1.63% | 1.63% |
SPLG SPDR Portfolio S&P 500 ETF | 1.22% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% | 1.71% |
Drawdowns
VLACX vs. SPLG - Drawdown Comparison
The maximum VLACX drawdown since its inception was -54.82%, roughly equal to the maximum SPLG drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for VLACX and SPLG. For additional features, visit the drawdowns tool.
Volatility
VLACX vs. SPLG - Volatility Comparison
Vanguard Large Cap Index Fund (VLACX) and SPDR Portfolio S&P 500 ETF (SPLG) have volatilities of 3.93% and 3.91%, 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.