VSIIX vs. VIOV
Compare and contrast key facts about Vanguard Small-Cap Value Index Fund Institutional Shares (VSIIX) and Vanguard S&P Small-Cap 600 Value ETF (VIOV).
VSIIX is managed by Vanguard. It was launched on Dec 7, 1999. VIOV is a passively managed fund by Vanguard that tracks the performance of the S&P SmallCap 600 Value Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VSIIX or VIOV.
Key characteristics
| VSIIX | VIOV | |
|---|---|---|
| YTD Return | 19.11% | 13.40% |
| 1Y Return | 38.34% | 36.60% |
| 3Y Return (Ann) | 6.88% | 3.48% |
| 5Y Return (Ann) | 11.98% | 10.09% |
| 10Y Return (Ann) | 9.58% | 8.99% |
| Sharpe Ratio | 2.22 | 1.66 |
| Sortino Ratio | 3.16 | 2.47 |
| Omega Ratio | 1.39 | 1.30 |
| Calmar Ratio | 3.13 | 1.85 |
| Martin Ratio | 13.03 | 7.77 |
| Ulcer Index | 2.92% | 4.66% |
| Daily Std Dev | 17.17% | 21.80% |
| Max Drawdown | -62.05% | -47.36% |
| Current Drawdown | -1.23% | -1.70% |
Correlation
The correlation between VSIIX and VIOV is 0.92, 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. VIOV - Performance Comparison
In the year-to-date period, VSIIX achieves a 19.11% return, which is significantly higher than VIOV's 13.40% return. Over the past 10 years, VSIIX has outperformed VIOV with an annualized return of 9.58%, while VIOV has yielded a comparatively lower 8.99% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VSIIX vs. VIOV - Expense Ratio Comparison
VSIIX has a 0.06% expense ratio, which is lower than VIOV's 0.15% 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. VIOV - 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 Vanguard S&P Small-Cap 600 Value ETF (VIOV). 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. VIOV - Dividend Comparison
VSIIX's dividend yield for the trailing twelve months is around 1.89%, less than VIOV's 2.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSIIX Vanguard Small-Cap Value Index Fund Institutional Shares | 1.89% | 2.12% | 2.04% | 1.76% | 1.69% | 2.07% | 2.36% | 1.80% | 1.77% | 1.99% | 1.78% | 1.88% |
VIOV Vanguard S&P Small-Cap 600 Value ETF | 2.16% | 2.18% | 1.81% | 1.59% | 1.42% | 1.60% | 1.76% | 1.43% | 1.17% | 1.32% | 1.27% | 0.91% |
Drawdowns
VSIIX vs. VIOV - Drawdown Comparison
The maximum VSIIX drawdown since its inception was -62.05%, which is greater than VIOV's maximum drawdown of -47.36%. Use the drawdown chart below to compare losses from any high point for VSIIX and VIOV. For additional features, visit the drawdowns tool.
Volatility
VSIIX vs. VIOV - Volatility Comparison
The current volatility for Vanguard Small-Cap Value Index Fund Institutional Shares (VSIIX) is 5.80%, while Vanguard S&P Small-Cap 600 Value ETF (VIOV) has a volatility of 7.72%. This indicates that VSIIX experiences smaller price fluctuations and is considered to be less risky than VIOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.