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VMCIX vs. VSCIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VMCIX and VSCIX is 0.95, 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.


-0.50.00.51.01.0

Performance

VMCIX vs. VSCIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Mid-Cap Index Fund Institutional Shares (VMCIX) and Vanguard Small-Cap Index Fund Institutional Shares (VSCIX). The values are adjusted to include any dividend payments, if applicable.

900.00%1,000.00%1,100.00%1,200.00%1,300.00%1,400.00%JulyAugustSeptemberOctoberNovemberDecember
1,339.17%
1,087.89%
VMCIX
VSCIX

Key characteristics

Sharpe Ratio

VMCIX:

1.52

VSCIX:

1.01

Sortino Ratio

VMCIX:

2.11

VSCIX:

1.47

Omega Ratio

VMCIX:

1.27

VSCIX:

1.18

Calmar Ratio

VMCIX:

1.87

VSCIX:

1.50

Martin Ratio

VMCIX:

8.62

VSCIX:

5.30

Ulcer Index

VMCIX:

2.22%

VSCIX:

3.25%

Daily Std Dev

VMCIX:

12.54%

VSCIX:

17.02%

Max Drawdown

VMCIX:

-58.86%

VSCIX:

-59.66%

Current Drawdown

VMCIX:

-5.78%

VSCIX:

-7.12%

Returns By Period

In the year-to-date period, VMCIX achieves a 16.53% return, which is significantly higher than VSCIX's 14.92% return. Both investments have delivered pretty close results over the past 10 years, with VMCIX having a 9.60% annualized return and VSCIX not far behind at 9.14%.


VMCIX

YTD

16.53%

1M

-3.99%

6M

10.65%

1Y

17.09%

5Y*

10.19%

10Y*

9.60%

VSCIX

YTD

14.92%

1M

-4.36%

6M

12.00%

1Y

14.77%

5Y*

9.43%

10Y*

9.14%

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VMCIX vs. VSCIX - Expense Ratio Comparison

Both VMCIX and VSCIX have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


VMCIX
Vanguard Mid-Cap Index Fund Institutional Shares
Expense ratio chart for VMCIX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%
Expense ratio chart for VSCIX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

VMCIX vs. VSCIX - 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 Small-Cap Index Fund Institutional Shares (VSCIX). 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.


Sharpe ratio
The chart of Sharpe ratio for VMCIX, currently valued at 1.52, compared to the broader market-1.000.001.002.003.004.001.521.01
The chart of Sortino ratio for VMCIX, currently valued at 2.11, compared to the broader market-2.000.002.004.006.008.0010.002.111.47
The chart of Omega ratio for VMCIX, currently valued at 1.27, compared to the broader market0.501.001.502.002.503.003.501.271.18
The chart of Calmar ratio for VMCIX, currently valued at 1.87, compared to the broader market0.002.004.006.008.0010.0012.0014.001.871.50
The chart of Martin ratio for VMCIX, currently valued at 8.62, compared to the broader market0.0020.0040.0060.008.625.30
VMCIX
VSCIX

The current VMCIX Sharpe Ratio is 1.52, which is higher than the VSCIX Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of VMCIX and VSCIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.52
1.01
VMCIX
VSCIX

Dividends

VMCIX vs. VSCIX - Dividend Comparison

VMCIX's dividend yield for the trailing twelve months is around 1.06%, more than VSCIX's 0.92% yield.


TTM20232022202120202019201820172016201520142013
VMCIX
Vanguard Mid-Cap Index Fund Institutional Shares
1.06%1.52%1.60%1.12%1.45%1.48%1.83%1.36%1.46%1.48%1.29%1.18%
VSCIX
Vanguard Small-Cap Index Fund Institutional Shares
0.92%1.56%1.55%1.25%1.15%1.40%1.68%1.36%1.50%1.49%1.44%1.31%

Drawdowns

VMCIX vs. VSCIX - Drawdown Comparison

The maximum VMCIX drawdown since its inception was -58.86%, roughly equal to the maximum VSCIX drawdown of -59.66%. Use the drawdown chart below to compare losses from any high point for VMCIX and VSCIX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.78%
-7.12%
VMCIX
VSCIX

Volatility

VMCIX vs. VSCIX - Volatility Comparison

The current volatility for Vanguard Mid-Cap Index Fund Institutional Shares (VMCIX) is 4.69%, while Vanguard Small-Cap Index Fund Institutional Shares (VSCIX) has a volatility of 5.64%. This indicates that VMCIX experiences smaller price fluctuations and is considered to be less risky than VSCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
4.69%
5.64%
VMCIX
VSCIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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