VLISX vs. VOO
Compare and contrast key facts about Vanguard Large-Cap Index Fund Institutional Shares (VLISX) and Vanguard S&P 500 ETF (VOO).
VLISX is managed by Vanguard. It was launched on Jun 30, 2005. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLISX or VOO.
Key characteristics
| VLISX | VOO | |
|---|---|---|
| YTD Return | 27.14% | 27.15% |
| 1Y Return | 40.17% | 39.90% |
| 3Y Return (Ann) | 9.53% | 10.28% |
| 5Y Return (Ann) | 15.96% | 16.00% |
| 10Y Return (Ann) | 13.37% | 13.43% |
| Sharpe Ratio | 3.19 | 3.15 |
| Sortino Ratio | 4.32 | 4.19 |
| Omega Ratio | 1.59 | 1.59 |
| Calmar Ratio | 4.69 | 4.60 |
| Martin Ratio | 21.22 | 21.00 |
| Ulcer Index | 1.84% | 1.85% |
| Daily Std Dev | 12.23% | 12.34% |
| Max Drawdown | -54.75% | -33.99% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between VLISX and VOO is 0.99, 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
VLISX vs. VOO - Performance Comparison
The year-to-date returns for both investments are quite close, with VLISX having a 27.14% return and VOO slightly higher at 27.15%. Both investments have delivered pretty close results over the past 10 years, with VLISX having a 13.37% annualized return and VOO not far ahead at 13.43%. 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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VLISX vs. VOO - Expense Ratio Comparison
VLISX has a 0.04% expense ratio, which is higher than VOO'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
VLISX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Large-Cap Index Fund Institutional Shares (VLISX) and Vanguard S&P 500 ETF (VOO). 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
VLISX vs. VOO - Dividend Comparison
VLISX's dividend yield for the trailing twelve months is around 1.24%, which matches VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLISX Vanguard Large-Cap Index Fund Institutional Shares | 1.24% | 1.41% | 1.67% | 1.19% | 1.46% | 1.81% | 2.09% | 1.76% | 1.99% | 1.97% | 1.78% | 1.76% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
VLISX vs. VOO - Drawdown Comparison
The maximum VLISX drawdown since its inception was -54.75%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VLISX and VOO. For additional features, visit the drawdowns tool.
Volatility
VLISX vs. VOO - Volatility Comparison
Vanguard Large-Cap Index Fund Institutional Shares (VLISX) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.95% and 3.95%, 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.