VSIIX vs. SPY
Compare and contrast key facts about Vanguard Small-Cap Value Index Fund Institutional Shares (VSIIX) and SPDR S&P 500 ETF (SPY).
VSIIX is managed by Vanguard. It was launched on Dec 7, 1999. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VSIIX or SPY.
Correlation
The correlation between VSIIX and SPY is 0.85, 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
VSIIX vs. SPY - Performance Comparison
Key characteristics
VSIIX:
-0.04
SPY:
0.30
VSIIX:
0.08
SPY:
0.56
VSIIX:
1.01
SPY:
1.08
VSIIX:
-0.04
SPY:
0.31
VSIIX:
-0.14
SPY:
1.40
VSIIX:
6.78%
SPY:
4.18%
VSIIX:
20.81%
SPY:
19.64%
VSIIX:
-62.05%
SPY:
-55.19%
VSIIX:
-19.26%
SPY:
-13.86%
Returns By Period
In the year-to-date period, VSIIX achieves a -12.05% return, which is significantly lower than SPY's -9.91% return. Over the past 10 years, VSIIX has underperformed SPY with an annualized return of 6.87%, while SPY has yielded a comparatively higher 11.57% annualized return.
VSIIX
-12.05%
-7.62%
-14.42%
-0.35%
15.23%
6.87%
SPY
-9.91%
-5.89%
-9.03%
6.50%
14.62%
11.57%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VSIIX vs. SPY - Expense Ratio Comparison
VSIIX has a 0.06% expense ratio, which is lower than SPY's 0.09% 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
VSIIX vs. SPY — Risk-Adjusted Performance Rank
VSIIX
SPY
VSIIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Small-Cap Value Index Fund Institutional Shares (VSIIX) and SPDR S&P 500 ETF (SPY). 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
VSIIX vs. SPY - Dividend Comparison
VSIIX's dividend yield for the trailing twelve months is around 2.45%, more than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSIIX Vanguard Small-Cap Value Index Fund Institutional Shares | 2.45% | 1.98% | 2.12% | 2.04% | 1.76% | 1.69% | 2.07% | 2.36% | 1.80% | 1.77% | 1.99% | 1.78% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
VSIIX vs. SPY - Drawdown Comparison
The maximum VSIIX drawdown since its inception was -62.05%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VSIIX and SPY. For additional features, visit the drawdowns tool.
Volatility
VSIIX vs. SPY - Volatility Comparison
The current volatility for Vanguard Small-Cap Value Index Fund Institutional Shares (VSIIX) is 13.61%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that VSIIX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.