VSMPX vs. VTIVX
Compare and contrast key facts about Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX) and Vanguard Target Retirement 2045 Fund (VTIVX).
VSMPX is managed by Vanguard. It was launched on Apr 28, 2015. VTIVX is managed by Vanguard. It was launched on Oct 27, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VSMPX or VTIVX.
Performance
VSMPX vs. VTIVX - Performance Comparison
Returns By Period
In the year-to-date period, VSMPX achieves a 24.76% return, which is significantly higher than VTIVX's 14.82% return.
VSMPX
24.76%
1.75%
12.50%
32.63%
14.96%
N/A
VTIVX
14.82%
-0.49%
6.73%
21.54%
9.74%
8.58%
Key characteristics
| VSMPX | VTIVX | |
|---|---|---|
| Sharpe Ratio | 2.57 | 2.14 |
| Sortino Ratio | 3.44 | 2.98 |
| Omega Ratio | 1.47 | 1.39 |
| Calmar Ratio | 3.77 | 2.82 |
| Martin Ratio | 16.40 | 13.84 |
| Ulcer Index | 1.97% | 1.53% |
| Daily Std Dev | 12.54% | 9.91% |
| Max Drawdown | -34.97% | -51.69% |
| Current Drawdown | -1.50% | -1.58% |
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VSMPX vs. VTIVX - Expense Ratio Comparison
VSMPX has a 0.02% expense ratio, which is lower than VTIVX'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%.
Correlation
The correlation between VSMPX and VTIVX is 0.96, 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
VSMPX vs. VTIVX - 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 Target Retirement 2045 Fund (VTIVX). 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. VTIVX - Dividend Comparison
VSMPX's dividend yield for the trailing twelve months is around 1.27%, less than VTIVX's 1.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSMPX Vanguard Total Stock Market Index Fund Institutional Plus Shares | 1.27% | 1.44% | 1.67% | 1.22% | 1.43% | 1.78% | 2.05% | 1.73% | 1.95% | 1.52% | 0.00% | 0.00% |
VTIVX Vanguard Target Retirement 2045 Fund | 1.99% | 2.28% | 2.13% | 2.22% | 1.60% | 2.23% | 2.39% | 1.90% | 1.99% | 2.17% | 2.05% | 1.88% |
Drawdowns
VSMPX vs. VTIVX - Drawdown Comparison
The maximum VSMPX drawdown since its inception was -34.97%, smaller than the maximum VTIVX drawdown of -51.69%. Use the drawdown chart below to compare losses from any high point for VSMPX and VTIVX. For additional features, visit the drawdowns tool.
Volatility
VSMPX vs. VTIVX - Volatility Comparison
Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX) has a higher volatility of 4.25% compared to Vanguard Target Retirement 2045 Fund (VTIVX) at 2.74%. This indicates that VSMPX's price experiences larger fluctuations and is considered to be riskier than VTIVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.