VRAI vs. VTIP
Compare and contrast key facts about Virtus Real Asset Income ETF (VRAI) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP).
VRAI and VTIP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VRAI is a passively managed fund by Virtus Investment Partners that tracks the performance of the Indxx Real Asset Income Index. It was launched on Feb 7, 2019. VTIP is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Oct 12, 2012. Both VRAI and VTIP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VRAI or VTIP.
Key characteristics
| VRAI | VTIP | |
|---|---|---|
| YTD Return | 6.71% | 4.46% |
| 1Y Return | 18.11% | 7.00% |
| 3Y Return (Ann) | 0.83% | 2.13% |
| 5Y Return (Ann) | 4.32% | 3.52% |
| Sharpe Ratio | 1.43 | 3.24 |
| Sortino Ratio | 2.12 | 5.79 |
| Omega Ratio | 1.26 | 1.76 |
| Calmar Ratio | 0.85 | 4.06 |
| Martin Ratio | 6.46 | 27.03 |
| Ulcer Index | 2.93% | 0.26% |
| Daily Std Dev | 13.26% | 2.16% |
| Max Drawdown | -47.51% | -6.27% |
| Current Drawdown | -7.70% | -0.55% |
Correlation
The correlation between VRAI and VTIP is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
VRAI vs. VTIP - Performance Comparison
In the year-to-date period, VRAI achieves a 6.71% return, which is significantly higher than VTIP's 4.46% return. 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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VRAI vs. VTIP - Expense Ratio Comparison
VRAI has a 0.55% expense ratio, which is higher than VTIP's 0.04% expense ratio.
Risk-Adjusted Performance
VRAI vs. VTIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Real Asset Income ETF (VRAI) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). 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
VRAI vs. VTIP - Dividend Comparison
VRAI's dividend yield for the trailing twelve months is around 5.58%, more than VTIP's 3.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VRAI Virtus Real Asset Income ETF | 5.58% | 5.02% | 4.48% | 3.34% | 3.91% | 2.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.39% | 3.36% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% | 0.05% |
Drawdowns
VRAI vs. VTIP - Drawdown Comparison
The maximum VRAI drawdown since its inception was -47.51%, which is greater than VTIP's maximum drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for VRAI and VTIP. For additional features, visit the drawdowns tool.
Volatility
VRAI vs. VTIP - Volatility Comparison
Virtus Real Asset Income ETF (VRAI) has a higher volatility of 2.98% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 0.45%. This indicates that VRAI's price experiences larger fluctuations and is considered to be riskier than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.