VPMCX vs. VOO
Compare and contrast key facts about Vanguard PRIMECAP Fund Investor Shares (VPMCX) and Vanguard S&P 500 ETF (VOO).
VPMCX is managed by Vanguard. It was launched on Nov 1, 1984. 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: VPMCX or VOO.
Key characteristics
| VPMCX | VOO | |
|---|---|---|
| YTD Return | 13.32% | 19.30% |
| 1Y Return | 21.39% | 28.36% |
| 3Y Return (Ann) | 8.66% | 10.06% |
| 5Y Return (Ann) | 14.13% | 15.26% |
| 10Y Return (Ann) | 12.91% | 12.92% |
| Sharpe Ratio | 1.38 | 2.26 |
| Daily Std Dev | 14.16% | 12.63% |
| Max Drawdown | -81.07% | -33.99% |
| Current Drawdown | -4.86% | -0.28% |
Correlation
The correlation between VPMCX and VOO is 0.94, 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
VPMCX vs. VOO - Performance Comparison
In the year-to-date period, VPMCX achieves a 13.32% return, which is significantly lower than VOO's 19.30% return. Both investments have delivered pretty close results over the past 10 years, with VPMCX having a 12.91% annualized return and VOO not far ahead at 12.92%. 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.
VPMCX vs. VOO - Expense Ratio Comparison
VPMCX has a 0.38% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
VPMCX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard PRIMECAP Fund Investor Shares (VPMCX) 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
VPMCX vs. VOO - Dividend Comparison
VPMCX's dividend yield for the trailing twelve months is around 6.32%, more than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VPMCX Vanguard PRIMECAP Fund Investor Shares | 6.32% | 7.16% | 9.85% | 10.08% | 9.74% | 7.15% | 8.32% | 5.61% | 5.05% | 5.91% | 6.68% | 4.99% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
VPMCX vs. VOO - Drawdown Comparison
The maximum VPMCX drawdown since its inception was -81.07%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VPMCX and VOO. For additional features, visit the drawdowns tool.
Volatility
VPMCX vs. VOO - Volatility Comparison
Vanguard PRIMECAP Fund Investor Shares (VPMCX) has a higher volatility of 4.24% compared to Vanguard S&P 500 ETF (VOO) at 3.92%. This indicates that VPMCX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.