VPCCX vs. SPLG
Compare and contrast key facts about Vanguard PRIMECAP Core Fund (VPCCX) and SPDR Portfolio S&P 500 ETF (SPLG).
VPCCX is managed by Vanguard. It was launched on Dec 9, 2004. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VPCCX or SPLG.
Key characteristics
| VPCCX | SPLG | |
|---|---|---|
| YTD Return | 12.07% | 18.95% |
| 1Y Return | 20.93% | 28.24% |
| 3Y Return (Ann) | 8.07% | 9.93% |
| 5Y Return (Ann) | 13.11% | 15.34% |
| 10Y Return (Ann) | 11.82% | 12.89% |
| Sharpe Ratio | 1.32 | 2.23 |
| Daily Std Dev | 15.73% | 12.57% |
| Max Drawdown | -47.53% | -54.50% |
| Current Drawdown | -4.54% | -0.60% |
Correlation
The correlation between VPCCX and SPLG is 0.82, 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
VPCCX vs. SPLG - Performance Comparison
In the year-to-date period, VPCCX achieves a 12.07% return, which is significantly lower than SPLG's 18.95% return. Over the past 10 years, VPCCX has underperformed SPLG with an annualized return of 11.82%, while SPLG has yielded a comparatively higher 12.89% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VPCCX vs. SPLG - Expense Ratio Comparison
VPCCX has a 0.46% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
VPCCX vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard PRIMECAP Core Fund (VPCCX) and SPDR Portfolio S&P 500 ETF (SPLG). 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
VPCCX vs. SPLG - Dividend Comparison
VPCCX's dividend yield for the trailing twelve months is around 5.11%, more than SPLG's 0.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VPCCX Vanguard PRIMECAP Core Fund | 5.11% | 5.73% | 8.40% | 6.89% | 7.89% | 6.99% | 9.45% | 4.10% | 5.52% | 4.96% | 7.24% | 4.40% |
SPLG SPDR Portfolio S&P 500 ETF | 0.98% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% | 1.71% |
Drawdowns
VPCCX vs. SPLG - Drawdown Comparison
The maximum VPCCX drawdown since its inception was -47.53%, smaller than the maximum SPLG drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for VPCCX and SPLG. For additional features, visit the drawdowns tool.
Volatility
VPCCX vs. SPLG - Volatility Comparison
Vanguard PRIMECAP Core Fund (VPCCX) has a higher volatility of 4.11% compared to SPDR Portfolio S&P 500 ETF (SPLG) at 3.81%. This indicates that VPCCX's price experiences larger fluctuations and is considered to be riskier than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.