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VRNIX vs. VBTLX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VRNIX vs. VBTLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX). The values are adjusted to include any dividend payments, if applicable.

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VRNIX vs. VBTLX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
VBTLX
Vanguard Total Bond Market Index Fund Admiral Shares
-0.49%7.17%1.26%5.74%-13.16%-1.81%7.72%8.73%-0.25%3.56%

Returns By Period

In the year-to-date period, VRNIX achieves a -6.92% return, which is significantly lower than VBTLX's -0.49% return. Over the past 10 years, VRNIX has outperformed VBTLX with an annualized return of 13.65%, while VBTLX has yielded a comparatively lower 1.60% annualized return.


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%

VBTLX

1D
0.52%
1M
-2.23%
YTD
-0.49%
6M
0.50%
1Y
3.77%
3Y*
3.44%
5Y*
0.23%
10Y*
1.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VRNIX vs. VBTLX - Expense Ratio Comparison

VRNIX has a 0.07% expense ratio, which is higher than VBTLX's 0.05% 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. VBTLX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VRNIX
VRNIX Risk / Return Rank: 4444
Overall Rank
VRNIX Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
VRNIX Sortino Ratio Rank: 4242
Sortino Ratio Rank
VRNIX Omega Ratio Rank: 4747
Omega Ratio Rank
VRNIX Calmar Ratio Rank: 3939
Calmar Ratio Rank
VRNIX Martin Ratio Rank: 5151
Martin Ratio Rank

VBTLX
VBTLX Risk / Return Rank: 5656
Overall Rank
VBTLX Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
VBTLX Sortino Ratio Rank: 5555
Sortino Ratio Rank
VBTLX Omega Ratio Rank: 4040
Omega Ratio Rank
VBTLX Calmar Ratio Rank: 7777
Calmar Ratio Rank
VBTLX Martin Ratio Rank: 5252
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VRNIX vs. VBTLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX). 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.


VRNIXVBTLXDifference

Sharpe ratio

Return per unit of total volatility

0.82

1.00

-0.18

Sortino ratio

Return per unit of downside risk

1.27

1.44

-0.17

Omega ratio

Gain probability vs. loss probability

1.19

1.18

+0.02

Calmar ratio

Return relative to maximum drawdown

1.02

1.78

-0.76

Martin ratio

Return relative to average drawdown

4.99

5.08

-0.09

VRNIX vs. VBTLX - Sharpe Ratio Comparison

The current VRNIX Sharpe Ratio is 0.82, which is comparable to the VBTLX Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of VRNIX and VBTLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


VRNIXVBTLXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.82

1.00

-0.18

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.64

0.04

+0.60

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.75

0.32

+0.43

Sharpe Ratio (All Time)

Calculated using the full available price history

0.79

0.76

+0.03

Correlation

The correlation between VRNIX and VBTLX is -0.15. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

VRNIX vs. VBTLX - Dividend Comparison

VRNIX's dividend yield for the trailing twelve months is around 1.19%, less than VBTLX's 3.61% yield.


TTM20252024202320222021202020192018201720162015
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%
VBTLX
Vanguard Total Bond Market Index Fund Admiral Shares
3.61%3.87%3.69%3.10%2.59%1.96%2.39%2.74%2.57%2.56%2.53%2.82%

Drawdowns

VRNIX vs. VBTLX - Drawdown Comparison

The maximum VRNIX drawdown since its inception was -34.57%, which is greater than VBTLX's maximum drawdown of -18.81%. Use the drawdown chart below to compare losses from any high point for VRNIX and VBTLX.


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Drawdown Indicators


VRNIXVBTLXDifference

Max Drawdown

Largest peak-to-trough decline

-34.57%

-18.81%

-15.76%

Max Drawdown (1Y)

Largest decline over 1 year

-12.31%

-2.73%

-9.58%

Max Drawdown (5Y)

Largest decline over 5 years

-25.14%

-18.14%

-7.00%

Max Drawdown (10Y)

Largest decline over 10 years

-34.57%

-18.81%

-15.76%

Current Drawdown

Current decline from peak

-8.85%

-3.06%

-5.79%

Average Drawdown

Average peak-to-trough decline

-3.93%

-2.67%

-1.26%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.53%

0.96%

+1.57%

Volatility

VRNIX vs. VBTLX - Volatility Comparison

Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) has a higher volatility of 4.30% compared to Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) at 1.55%. This indicates that VRNIX's price experiences larger fluctuations and is considered to be riskier than VBTLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VRNIXVBTLXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.30%

1.55%

+2.75%

Volatility (6M)

Calculated over the trailing 6-month period

9.17%

2.59%

+6.58%

Volatility (1Y)

Calculated over the trailing 1-year period

18.29%

4.37%

+13.92%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.21%

5.98%

+11.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.24%

4.97%

+13.27%