VRNIX vs. VONE
Compare and contrast key facts about Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) and Vanguard Russell 1000 ETF (VONE).
VRNIX is managed by Vanguard. It was launched on Oct 15, 2010. VONE is a passively managed fund by Vanguard that tracks the performance of the Russell 1000 Index. It was launched on Sep 20, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VRNIX or VONE.
Correlation
The correlation between VRNIX and VONE is 0.98, 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
VRNIX vs. VONE - Performance Comparison
Key characteristics
VRNIX:
2.10
VONE:
2.11
VRNIX:
2.80
VONE:
2.81
VRNIX:
1.39
VONE:
1.39
VRNIX:
3.13
VONE:
3.09
VRNIX:
13.58
VONE:
13.58
VRNIX:
1.96%
VONE:
1.95%
VRNIX:
12.66%
VONE:
12.57%
VRNIX:
-34.57%
VONE:
-34.67%
VRNIX:
-2.61%
VONE:
-2.69%
Returns By Period
The year-to-date returns for both stocks are quite close, with VRNIX having a 25.95% return and VONE slightly lower at 25.78%. Both investments have delivered pretty close results over the past 10 years, with VRNIX having a 12.80% annualized return and VONE not far behind at 12.76%.
VRNIX
25.95%
-0.60%
10.54%
26.34%
14.58%
12.80%
VONE
25.78%
-0.64%
10.51%
26.30%
14.56%
12.76%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VRNIX vs. VONE - Expense Ratio Comparison
VRNIX has a 0.07% expense ratio, which is lower than VONE's 0.08% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
VRNIX vs. VONE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) and Vanguard Russell 1000 ETF (VONE). 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
VRNIX vs. VONE - Dividend Comparison
VRNIX's dividend yield for the trailing twelve months is around 0.88%, more than VONE's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VRNIX Vanguard Russell 1000 Index Fund Institutional Shares | 0.88% | 1.41% | 1.59% | 1.16% | 1.46% | 1.65% | 2.00% | 1.73% | 1.93% | 1.92% | 1.74% | 1.69% |
VONE Vanguard Russell 1000 ETF | 0.87% | 1.40% | 1.59% | 1.16% | 1.45% | 1.66% | 1.96% | 1.69% | 1.89% | 1.89% | 1.68% | 1.70% |
Drawdowns
VRNIX vs. VONE - Drawdown Comparison
The maximum VRNIX drawdown since its inception was -34.57%, roughly equal to the maximum VONE drawdown of -34.67%. Use the drawdown chart below to compare losses from any high point for VRNIX and VONE. For additional features, visit the drawdowns tool.
Volatility
VRNIX vs. VONE - Volatility Comparison
Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) and Vanguard Russell 1000 ETF (VONE) have volatilities of 3.95% and 3.85%, 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.