VLCAX vs. VIVAX
Compare and contrast key facts about Vanguard Large-Cap Index Fund Admiral Shares (VLCAX) and Vanguard Value Index Fund (VIVAX).
VLCAX is managed by Vanguard. It was launched on Feb 2, 2004. VIVAX is managed by Vanguard. It was launched on Nov 2, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLCAX or VIVAX.
Key characteristics
| VLCAX | VIVAX | |
|---|---|---|
| YTD Return | 27.13% | 21.61% |
| 1Y Return | 40.15% | 34.32% |
| 3Y Return (Ann) | 9.52% | 9.82% |
| 5Y Return (Ann) | 15.94% | 11.65% |
| 10Y Return (Ann) | 13.35% | 10.55% |
| Sharpe Ratio | 3.13 | 3.21 |
| Sortino Ratio | 4.16 | 4.51 |
| Omega Ratio | 1.58 | 1.59 |
| Calmar Ratio | 4.56 | 4.83 |
| Martin Ratio | 20.72 | 20.83 |
| Ulcer Index | 1.88% | 1.60% |
| Daily Std Dev | 12.47% | 10.35% |
| Max Drawdown | -54.76% | -59.38% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between VLCAX and VIVAX 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
VLCAX vs. VIVAX - Performance Comparison
In the year-to-date period, VLCAX achieves a 27.13% return, which is significantly higher than VIVAX's 21.61% return. Over the past 10 years, VLCAX has outperformed VIVAX with an annualized return of 13.35%, while VIVAX has yielded a comparatively lower 10.55% annualized return. 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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VLCAX vs. VIVAX - Expense Ratio Comparison
VLCAX has a 0.05% expense ratio, which is lower than VIVAX's 0.17% 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
VLCAX vs. VIVAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Large-Cap Index Fund Admiral Shares (VLCAX) and Vanguard Value Index Fund (VIVAX). 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
VLCAX vs. VIVAX - Dividend Comparison
VLCAX's dividend yield for the trailing twelve months is around 1.23%, less than VIVAX's 2.10% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLCAX Vanguard Large-Cap Index Fund Admiral Shares | 1.23% | 1.40% | 1.66% | 1.18% | 1.45% | 1.80% | 2.08% | 1.75% | 1.98% | 1.96% | 1.77% | 1.75% |
VIVAX Vanguard Value Index Fund | 2.10% | 2.33% | 2.39% | 2.02% | 2.44% | 2.39% | 2.59% | 2.18% | 2.33% | 2.46% | 2.08% | 2.08% |
Drawdowns
VLCAX vs. VIVAX - Drawdown Comparison
The maximum VLCAX drawdown since its inception was -54.76%, smaller than the maximum VIVAX drawdown of -59.38%. Use the drawdown chart below to compare losses from any high point for VLCAX and VIVAX. For additional features, visit the drawdowns tool.
Volatility
VLCAX vs. VIVAX - Volatility Comparison
Vanguard Large-Cap Index Fund Admiral Shares (VLCAX) has a higher volatility of 3.95% compared to Vanguard Value Index Fund (VIVAX) at 3.71%. This indicates that VLCAX's price experiences larger fluctuations and is considered to be riskier than VIVAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.