VSMAX vs. VTTSX
Compare and contrast key facts about Vanguard Small-Cap Index Fund Admiral Shares (VSMAX) and Vanguard Target Retirement 2060 Fund (VTTSX).
VSMAX is managed by Vanguard. It was launched on Nov 13, 2000. VTTSX is managed by Vanguard. It was launched on Jan 19, 2012.
Performance
VSMAX vs. VTTSX - Performance Comparison
Loading graphics...
VSMAX vs. VTTSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VSMAX Vanguard Small-Cap Index Fund Admiral Shares | -1.21% | 8.83% | 14.23% | 18.17% | -17.61% | 17.74% | 19.06% | 27.36% | -9.33% | 16.24% |
VTTSX Vanguard Target Retirement 2060 Fund | -3.97% | 21.43% | 14.61% | 20.19% | -17.48% | 16.45% | 16.33% | 26.18% | -8.78% | 21.40% |
Returns By Period
In the year-to-date period, VSMAX achieves a -1.21% return, which is significantly higher than VTTSX's -3.97% return. Both investments have delivered pretty close results over the past 10 years, with VSMAX having a 10.15% annualized return and VTTSX not far ahead at 10.49%.
VSMAX
- 1D
- -0.98%
- 1M
- -8.09%
- YTD
- -1.21%
- 6M
- 0.58%
- 1Y
- 16.07%
- 3Y*
- 11.85%
- 5Y*
- 5.02%
- 10Y*
- 10.15%
VTTSX
- 1D
- -0.27%
- 1M
- -8.47%
- YTD
- -3.97%
- 6M
- -1.02%
- 1Y
- 17.27%
- 3Y*
- 14.63%
- 5Y*
- 8.11%
- 10Y*
- 10.49%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VSMAX vs. VTTSX - Expense Ratio Comparison
VSMAX has a 0.05% expense ratio, which is lower than VTTSX'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%.
Return for Risk
VSMAX vs. VTTSX — Risk / Return Rank
VSMAX
VTTSX
VSMAX vs. VTTSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Small-Cap Index Fund Admiral Shares (VSMAX) and Vanguard Target Retirement 2060 Fund (VTTSX). 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.
| VSMAX | VTTSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.75 | 1.17 | -0.42 |
Sortino ratioReturn per unit of downside risk | 1.19 | 1.69 | -0.51 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.25 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 0.97 | 1.48 | -0.51 |
Martin ratioReturn relative to average drawdown | 4.20 | 6.82 | -2.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VSMAX | VTTSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.75 | 1.17 | -0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.58 | -0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.70 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.71 | -0.35 |
Correlation
The correlation between VSMAX and VTTSX is 0.89, 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.
Dividends
VSMAX vs. VTTSX - Dividend Comparison
VSMAX's dividend yield for the trailing twelve months is around 1.38%, less than VTTSX's 2.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSMAX Vanguard Small-Cap Index Fund Admiral Shares | 1.38% | 1.33% | 1.30% | 1.56% | 1.54% | 1.24% | 1.14% | 1.39% | 1.67% | 1.35% | 1.49% | 1.48% |
VTTSX Vanguard Target Retirement 2060 Fund | 2.14% | 2.06% | 2.20% | 2.14% | 2.09% | 5.67% | 1.83% | 2.11% | 2.33% | 1.77% | 1.98% | 1.92% |
Drawdowns
VSMAX vs. VTTSX - Drawdown Comparison
The maximum VSMAX drawdown since its inception was -59.68%, which is greater than VTTSX's maximum drawdown of -31.38%. Use the drawdown chart below to compare losses from any high point for VSMAX and VTTSX.
Loading graphics...
Drawdown Indicators
| VSMAX | VTTSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.68% | -31.38% | -28.30% |
Max Drawdown (1Y)Largest decline over 1 year | -14.30% | -10.52% | -3.78% |
Max Drawdown (5Y)Largest decline over 5 years | -28.14% | -25.40% | -2.74% |
Max Drawdown (10Y)Largest decline over 10 years | -41.82% | -31.38% | -10.44% |
Current DrawdownCurrent decline from peak | -8.97% | -8.93% | -0.04% |
Average DrawdownAverage peak-to-trough decline | -9.75% | -4.07% | -5.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.30% | 2.29% | +1.01% |
Volatility
VSMAX vs. VTTSX - Volatility Comparison
Vanguard Small-Cap Index Fund Admiral Shares (VSMAX) has a higher volatility of 5.91% compared to Vanguard Target Retirement 2060 Fund (VTTSX) at 4.74%. This indicates that VSMAX's price experiences larger fluctuations and is considered to be riskier than VTTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VSMAX | VTTSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.91% | 4.74% | +1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 12.22% | 8.59% | +3.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.62% | 14.81% | +6.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.69% | 14.07% | +6.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.52% | 15.04% | +6.48% |