VMCIX vs. VOO
Compare and contrast key facts about Vanguard Mid-Cap Index Fund Institutional Shares (VMCIX) and Vanguard S&P 500 ETF (VOO).
VMCIX is managed by Vanguard. It was launched on May 21, 1998. 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: VMCIX or VOO.
Correlation
The correlation between VMCIX and VOO 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
VMCIX vs. VOO - Performance Comparison
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Key characteristics
VMCIX:
0.67
VOO:
0.72
VMCIX:
1.03
VOO:
1.12
VMCIX:
1.14
VOO:
1.16
VMCIX:
0.63
VOO:
0.74
VMCIX:
2.30
VOO:
2.83
VMCIX:
5.21%
VOO:
4.88%
VMCIX:
18.42%
VOO:
19.41%
VMCIX:
-58.86%
VOO:
-33.99%
VMCIX:
-2.71%
VOO:
-2.65%
Returns By Period
In the year-to-date period, VMCIX achieves a 4.42% return, which is significantly higher than VOO's 1.84% return. Over the past 10 years, VMCIX has underperformed VOO with an annualized return of 9.37%, while VOO has yielded a comparatively higher 12.82% annualized return.
VMCIX
4.42%
11.69%
1.08%
12.16%
11.53%
13.81%
9.37%
VOO
1.84%
13.00%
1.80%
13.86%
16.93%
16.68%
12.82%
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VMCIX vs. VOO - Expense Ratio Comparison
VMCIX 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
VMCIX vs. VOO — Risk-Adjusted Performance Rank
VMCIX
VOO
VMCIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid-Cap Index Fund Institutional Shares (VMCIX) 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.
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Dividends
VMCIX vs. VOO - Dividend Comparison
VMCIX's dividend yield for the trailing twelve months is around 1.51%, more than VOO's 1.28% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
VMCIX Vanguard Mid-Cap Index Fund Institutional Shares | 1.51% | 1.49% | 1.52% | 1.60% | 1.12% | 1.45% | 1.48% | 1.83% | 1.36% | 1.46% | 1.48% | 1.29% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
VMCIX vs. VOO - Drawdown Comparison
The maximum VMCIX drawdown since its inception was -58.86%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VMCIX and VOO. For additional features, visit the drawdowns tool.
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Volatility
VMCIX vs. VOO - Volatility Comparison
The current volatility for Vanguard Mid-Cap Index Fund Institutional Shares (VMCIX) is 5.13%, while Vanguard S&P 500 ETF (VOO) has a volatility of 5.49%. This indicates that VMCIX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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