VSMPX vs. VTI
Compare and contrast key facts about Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX) and Vanguard Total Stock Market ETF (VTI).
VSMPX is managed by Vanguard. It was launched on Apr 28, 2015. VTI is a passively managed fund by Vanguard that tracks the performance of the CRSP US Total Market Index. It was launched on May 24, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VSMPX or VTI.
Key characteristics
| VSMPX | VTI | |
|---|---|---|
| YTD Return | 26.08% | 26.15% |
| 1Y Return | 35.20% | 35.28% |
| 3Y Return (Ann) | 8.67% | 8.67% |
| 5Y Return (Ann) | 15.15% | 15.15% |
| Sharpe Ratio | 3.03 | 3.04 |
| Sortino Ratio | 4.04 | 4.05 |
| Omega Ratio | 1.56 | 1.57 |
| Calmar Ratio | 4.46 | 4.47 |
| Martin Ratio | 19.60 | 19.73 |
| Ulcer Index | 1.95% | 1.94% |
| Daily Std Dev | 12.63% | 12.58% |
| Max Drawdown | -34.97% | -55.45% |
| Current Drawdown | -0.46% | -0.44% |
Correlation
The correlation between VSMPX and VTI is 1.00, 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
VSMPX vs. VTI - Performance Comparison
The year-to-date returns for both investments are quite close, with VSMPX having a 26.08% return and VTI slightly higher at 26.15%. 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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VSMPX vs. VTI - Expense Ratio Comparison
VSMPX has a 0.02% expense ratio, which is lower than VTI's 0.03% 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
VSMPX vs. VTI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX) and Vanguard Total Stock Market ETF (VTI). 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
VSMPX vs. VTI - Dividend Comparison
VSMPX's dividend yield for the trailing twelve months is around 1.26%, which matches VTI's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSMPX Vanguard Total Stock Market Index Fund Institutional Plus Shares | 1.26% | 1.44% | 1.67% | 1.22% | 1.43% | 1.78% | 2.05% | 1.73% | 1.95% | 1.52% | 0.00% | 0.00% |
VTI Vanguard Total Stock Market ETF | 1.26% | 1.44% | 1.67% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% | 1.76% | 1.74% |
Drawdowns
VSMPX vs. VTI - Drawdown Comparison
The maximum VSMPX drawdown since its inception was -34.97%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for VSMPX and VTI. For additional features, visit the drawdowns tool.
Volatility
VSMPX vs. VTI - Volatility Comparison
Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX) and Vanguard Total Stock Market ETF (VTI) have volatilities of 3.94% and 3.97%, 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.