VPLS vs. VCPAX
Compare and contrast key facts about Vanguard Core-Plus Bond ETF (VPLS) and Vanguard Core-Plus Bond Fund Admiral Shares (VCPAX).
VPLS is an actively managed fund by Vanguard. It was launched on Dec 7, 2023. VCPAX is managed by Vanguard. It was launched on Oct 25, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VPLS or VCPAX.
Key characteristics
| VPLS | VCPAX | |
|---|---|---|
| YTD Return | 6.02% | 5.85% |
| Daily Std Dev | 5.26% | 5.97% |
| Max Drawdown | -2.98% | -17.25% |
| Current Drawdown | -0.03% | -1.96% |
Correlation
The correlation between VPLS and VCPAX is 0.97, 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
VPLS vs. VCPAX - Performance Comparison
The year-to-date returns for both stocks are quite close, with VPLS having a 6.02% return and VCPAX slightly lower at 5.85%. 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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VPLS vs. VCPAX - Expense Ratio Comparison
Both VPLS and VCPAX have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VPLS vs. VCPAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Core-Plus Bond ETF (VPLS) and Vanguard Core-Plus Bond Fund Admiral Shares (VCPAX). 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.
Not enough dataDividends
VPLS vs. VCPAX - Dividend Comparison
VPLS's dividend yield for the trailing twelve months is around 3.01%, less than VCPAX's 4.57% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
VPLS Vanguard Core-Plus Bond ETF | 3.01% | 0.18% | 0.00% | 0.00% |
VCPAX Vanguard Core-Plus Bond Fund Admiral Shares | 4.57% | 4.55% | 3.26% | 0.27% |
Drawdowns
VPLS vs. VCPAX - Drawdown Comparison
The maximum VPLS drawdown since its inception was -2.98%, smaller than the maximum VCPAX drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for VPLS and VCPAX. For additional features, visit the drawdowns tool.
Volatility
VPLS vs. VCPAX - Volatility Comparison
Vanguard Core-Plus Bond ETF (VPLS) and Vanguard Core-Plus Bond Fund Admiral Shares (VCPAX) have volatilities of 1.02% and 1.02%, 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.