VMVAX vs. VOO
Compare and contrast key facts about Vanguard Mid-Cap Value Index Fund Admiral Shares (VMVAX) and Vanguard S&P 500 ETF (VOO).
VMVAX is managed by Vanguard. It was launched on Sep 27, 2011. 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: VMVAX or VOO.
Performance
VMVAX vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, VMVAX achieves a 19.25% return, which is significantly lower than VOO's 25.48% return. Over the past 10 years, VMVAX has underperformed VOO with an annualized return of 9.10%, while VOO has yielded a comparatively higher 13.15% annualized return.
VMVAX
19.25%
-0.24%
10.71%
29.04%
10.64%
9.10%
VOO
25.48%
0.99%
11.84%
31.84%
15.62%
13.15%
Key characteristics
| VMVAX | VOO | |
|---|---|---|
| Sharpe Ratio | 2.50 | 2.69 |
| Sortino Ratio | 3.48 | 3.59 |
| Omega Ratio | 1.44 | 1.50 |
| Calmar Ratio | 3.25 | 3.89 |
| Martin Ratio | 15.10 | 17.64 |
| Ulcer Index | 1.94% | 1.86% |
| Daily Std Dev | 11.71% | 12.20% |
| Max Drawdown | -43.07% | -33.99% |
| Current Drawdown | -1.51% | -1.40% |
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VMVAX vs. VOO - Expense Ratio Comparison
VMVAX has a 0.07% 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%.
Correlation
The correlation between VMVAX and VOO is 0.87, 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.
Risk-Adjusted Performance
VMVAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid-Cap Value Index Fund Admiral Shares (VMVAX) 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
VMVAX vs. VOO - Dividend Comparison
VMVAX's dividend yield for the trailing twelve months is around 2.07%, more than VOO's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMVAX Vanguard Mid-Cap Value Index Fund Admiral Shares | 2.07% | 2.27% | 2.27% | 1.78% | 2.36% | 2.05% | 2.75% | 1.86% | 1.91% | 2.04% | 1.67% | 1.54% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
VMVAX vs. VOO - Drawdown Comparison
The maximum VMVAX drawdown since its inception was -43.07%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VMVAX and VOO. For additional features, visit the drawdowns tool.
Volatility
VMVAX vs. VOO - Volatility Comparison
The current volatility for Vanguard Mid-Cap Value Index Fund Admiral Shares (VMVAX) is 3.43%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.10%. This indicates that VMVAX 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.