VSIAX vs. VINIX
Compare and contrast key facts about Vanguard Small-Cap Value Index Fund Admiral Shares (VSIAX) and Vanguard Institutional Index Fund Institutional Shares (VINIX).
VSIAX is managed by Vanguard. It was launched on Sep 27, 2011. VINIX is managed by Vanguard. It was launched on Jul 31, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VSIAX or VINIX.
Performance
VSIAX vs. VINIX - Performance Comparison
Returns By Period
In the year-to-date period, VSIAX achieves a 16.74% return, which is significantly lower than VINIX's 24.52% return. Over the past 10 years, VSIAX has underperformed VINIX with an annualized return of 9.32%, while VINIX has yielded a comparatively higher 13.12% annualized return.
VSIAX
16.74%
1.09%
10.02%
30.76%
11.39%
9.32%
VINIX
24.52%
0.57%
11.39%
31.98%
15.29%
13.12%
Key characteristics
| VSIAX | VINIX | |
|---|---|---|
| Sharpe Ratio | 1.75 | 2.63 |
| Sortino Ratio | 2.52 | 3.51 |
| Omega Ratio | 1.31 | 1.49 |
| Calmar Ratio | 3.28 | 3.81 |
| Martin Ratio | 9.97 | 17.19 |
| Ulcer Index | 2.94% | 1.87% |
| Daily Std Dev | 16.68% | 12.25% |
| Max Drawdown | -45.39% | -55.19% |
| Current Drawdown | -3.19% | -2.14% |
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VSIAX vs. VINIX - Expense Ratio Comparison
VSIAX has a 0.07% expense ratio, which is higher than VINIX's 0.04% 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%.
Correlation
The correlation between VSIAX and VINIX is 0.84, 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.
Risk-Adjusted Performance
VSIAX vs. VINIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Small-Cap Value Index Fund Admiral Shares (VSIAX) and Vanguard Institutional Index Fund Institutional Shares (VINIX). 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
VSIAX vs. VINIX - Dividend Comparison
VSIAX's dividend yield for the trailing twelve months is around 1.92%, more than VINIX's 1.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSIAX Vanguard Small-Cap Value Index Fund Admiral Shares | 1.92% | 2.12% | 2.03% | 1.75% | 1.68% | 2.06% | 2.35% | 1.79% | 1.77% | 1.99% | 1.77% | 1.87% |
VINIX Vanguard Institutional Index Fund Institutional Shares | 1.27% | 1.47% | 1.74% | 1.28% | 1.59% | 1.91% | 2.13% | 1.82% | 2.07% | 2.45% | 1.88% | 1.85% |
Drawdowns
VSIAX vs. VINIX - Drawdown Comparison
The maximum VSIAX drawdown since its inception was -45.39%, smaller than the maximum VINIX drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VSIAX and VINIX. For additional features, visit the drawdowns tool.
Volatility
VSIAX vs. VINIX - Volatility Comparison
Vanguard Small-Cap Value Index Fund Admiral Shares (VSIAX) has a higher volatility of 5.89% compared to Vanguard Institutional Index Fund Institutional Shares (VINIX) at 4.05%. This indicates that VSIAX's price experiences larger fluctuations and is considered to be riskier than VINIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.