VRNIX vs. FSKAX
Compare and contrast key facts about Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) and Fidelity Total Market Index Fund (FSKAX).
VRNIX is managed by Vanguard. It was launched on Oct 15, 2010. FSKAX is managed by Fidelity.
Performance
VRNIX vs. FSKAX - Performance Comparison
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VRNIX vs. FSKAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VRNIX Vanguard Russell 1000 Index Fund Institutional Shares | -6.92% | 16.94% | 24.44% | 26.49% | -19.19% | 28.64% | 20.90% | 31.36% | -4.84% | 21.58% |
FSKAX Fidelity Total Market Index Fund | -6.77% | 17.06% | 23.89% | 26.12% | -19.53% | 25.66% | 20.79% | 30.92% | -5.32% | 20.85% |
Returns By Period
The year-to-date returns for both investments are quite close, with VRNIX having a -6.92% return and FSKAX slightly higher at -6.77%. Both investments have delivered pretty close results over the past 10 years, with VRNIX having a 13.65% annualized return and FSKAX not far behind at 13.23%.
VRNIX
- 1D
- -0.39%
- 1M
- -7.69%
- YTD
- -6.92%
- 6M
- -4.69%
- 1Y
- 14.33%
- 3Y*
- 16.83%
- 5Y*
- 10.96%
- 10Y*
- 13.65%
FSKAX
- 1D
- -0.47%
- 1M
- -7.69%
- YTD
- -6.77%
- 6M
- -4.56%
- 1Y
- 14.73%
- 3Y*
- 16.72%
- 5Y*
- 10.13%
- 10Y*
- 13.23%
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VRNIX vs. FSKAX - Expense Ratio Comparison
VRNIX has a 0.07% expense ratio, which is higher than FSKAX's 0.02% 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%.
Return for Risk
VRNIX vs. FSKAX — Risk / Return Rank
VRNIX
FSKAX
VRNIX vs. FSKAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) and Fidelity Total Market Index Fund (FSKAX). 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.
| VRNIX | FSKAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.82 | 0.83 | -0.01 |
Sortino ratioReturn per unit of downside risk | 1.27 | 1.29 | -0.01 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.19 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.02 | 1.04 | -0.02 |
Martin ratioReturn relative to average drawdown | 4.99 | 5.05 | -0.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VRNIX | FSKAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 0.83 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.59 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | 0.72 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.78 | +0.01 |
Correlation
The correlation between VRNIX and FSKAX is 1.00, 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.
Dividends
VRNIX vs. FSKAX - Dividend Comparison
VRNIX's dividend yield for the trailing twelve months is around 1.19%, more than FSKAX's 1.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VRNIX Vanguard Russell 1000 Index Fund Institutional Shares | 1.19% | 0.82% | 1.21% | 1.41% | 1.59% | 2.86% | 1.46% | 1.65% | 2.00% | 1.73% | 1.93% | 1.92% |
FSKAX Fidelity Total Market Index Fund | 1.09% | 1.01% | 1.19% | 1.41% | 1.62% | 1.15% | 1.45% | 1.94% | 2.54% | 2.07% | 2.43% | 0.82% |
Drawdowns
VRNIX vs. FSKAX - Drawdown Comparison
The maximum VRNIX drawdown since its inception was -34.57%, roughly equal to the maximum FSKAX drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for VRNIX and FSKAX.
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Drawdown Indicators
| VRNIX | FSKAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.57% | -35.01% | +0.44% |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | -12.42% | +0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -25.14% | -25.39% | +0.25% |
Max Drawdown (10Y)Largest decline over 10 years | -34.57% | -35.01% | +0.44% |
Current DrawdownCurrent decline from peak | -8.85% | -8.92% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -3.93% | -4.05% | +0.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 2.57% | -0.04% |
Volatility
VRNIX vs. FSKAX - Volatility Comparison
Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) and Fidelity Total Market Index Fund (FSKAX) have volatilities of 4.30% and 4.42%, 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.
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Volatility by Period
| VRNIX | FSKAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.30% | 4.42% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 9.17% | 9.40% | -0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.29% | 18.50% | -0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.21% | 17.38% | -0.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.24% | 18.42% | -0.18% |