VSMSX vs. VGSLX
Compare and contrast key facts about Vanguard S&P Small-Cap 600 Index Fund Institutional Shares (VSMSX) and Vanguard Real Estate Index Fund Admiral Shares (VGSLX).
VSMSX is managed by Vanguard. It was launched on Apr 1, 2011. VGSLX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VSMSX or VGSLX.
Performance
VSMSX vs. VGSLX - Performance Comparison
Returns By Period
In the year-to-date period, VSMSX achieves a 12.99% return, which is significantly higher than VGSLX's 10.54% return. Over the past 10 years, VSMSX has outperformed VGSLX with an annualized return of 9.70%, while VGSLX has yielded a comparatively lower 5.98% annualized return.
VSMSX
12.99%
4.21%
11.49%
28.62%
10.35%
9.70%
VGSLX
10.54%
-0.80%
15.80%
24.84%
4.58%
5.98%
Key characteristics
| VSMSX | VGSLX | |
|---|---|---|
| Sharpe Ratio | 1.36 | 1.48 |
| Sortino Ratio | 2.05 | 2.08 |
| Omega Ratio | 1.24 | 1.26 |
| Calmar Ratio | 1.49 | 0.89 |
| Martin Ratio | 7.67 | 5.37 |
| Ulcer Index | 3.53% | 4.48% |
| Daily Std Dev | 19.93% | 16.24% |
| Max Drawdown | -44.42% | -74.07% |
| Current Drawdown | -4.09% | -8.81% |
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VSMSX vs. VGSLX - Expense Ratio Comparison
VSMSX has a 0.08% expense ratio, which is lower than VGSLX's 0.12% 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 VSMSX and VGSLX is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
VSMSX vs. VGSLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P Small-Cap 600 Index Fund Institutional Shares (VSMSX) and Vanguard Real Estate Index Fund Admiral Shares (VGSLX). 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
VSMSX vs. VGSLX - Dividend Comparison
VSMSX's dividend yield for the trailing twelve months is around 1.32%, less than VGSLX's 3.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSMSX Vanguard S&P Small-Cap 600 Index Fund Institutional Shares | 1.32% | 1.49% | 1.52% | 1.17% | 1.10% | 1.38% | 1.39% | 1.11% | 1.00% | 1.33% | 1.11% | 0.89% |
VGSLX Vanguard Real Estate Index Fund Admiral Shares | 3.84% | 3.96% | 3.91% | 2.56% | 3.92% | 3.39% | 4.73% | 4.23% | 4.82% | 3.92% | 3.60% | 4.32% |
Drawdowns
VSMSX vs. VGSLX - Drawdown Comparison
The maximum VSMSX drawdown since its inception was -44.42%, smaller than the maximum VGSLX drawdown of -74.07%. Use the drawdown chart below to compare losses from any high point for VSMSX and VGSLX. For additional features, visit the drawdowns tool.
Volatility
VSMSX vs. VGSLX - Volatility Comparison
Vanguard S&P Small-Cap 600 Index Fund Institutional Shares (VSMSX) has a higher volatility of 7.45% compared to Vanguard Real Estate Index Fund Admiral Shares (VGSLX) at 4.75%. This indicates that VSMSX's price experiences larger fluctuations and is considered to be riskier than VGSLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.