VSPGX vs. FXAIX
Compare and contrast key facts about Vanguard S&P 500 Growth Index Fund Institutional Shares (VSPGX) and Fidelity 500 Index Fund (FXAIX).
VSPGX is managed by Vanguard. It was launched on Apr 5, 2019. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VSPGX or FXAIX.
Key characteristics
| VSPGX | FXAIX | |
|---|---|---|
| YTD Return | 35.00% | 26.96% |
| 1Y Return | 41.51% | 35.01% |
| 3Y Return (Ann) | 8.06% | 10.23% |
| 5Y Return (Ann) | 17.85% | 15.78% |
| 10Y Return (Ann) | 15.27% | 13.30% |
| Sharpe Ratio | 2.57 | 3.06 |
| Sortino Ratio | 3.31 | 4.07 |
| Omega Ratio | 1.47 | 1.58 |
| Calmar Ratio | 3.19 | 4.45 |
| Martin Ratio | 13.62 | 20.17 |
| Ulcer Index | 3.21% | 1.86% |
| Daily Std Dev | 17.02% | 12.27% |
| Max Drawdown | -32.73% | -33.79% |
| Current Drawdown | -0.15% | -0.25% |
Correlation
The correlation between VSPGX and FXAIX 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.
Performance
VSPGX vs. FXAIX - Performance Comparison
In the year-to-date period, VSPGX achieves a 35.00% return, which is significantly higher than FXAIX's 26.96% return. Over the past 10 years, VSPGX has outperformed FXAIX with an annualized return of 15.27%, while FXAIX has yielded a comparatively lower 13.30% 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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VSPGX vs. FXAIX - Expense Ratio Comparison
VSPGX has a 0.08% expense ratio, which is higher than FXAIX's 0.02% expense ratio. However, 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
VSPGX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 Growth Index Fund Institutional Shares (VSPGX) and Fidelity 500 Index Fund (FXAIX). 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
VSPGX vs. FXAIX - Dividend Comparison
VSPGX's dividend yield for the trailing twelve months is around 0.61%, less than FXAIX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSPGX Vanguard S&P 500 Growth Index Fund Institutional Shares | 0.61% | 1.14% | 0.95% | 0.55% | 0.89% | 0.68% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
VSPGX vs. FXAIX - Drawdown Comparison
The maximum VSPGX drawdown since its inception was -32.73%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for VSPGX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
VSPGX vs. FXAIX - Volatility Comparison
Vanguard S&P 500 Growth Index Fund Institutional Shares (VSPGX) has a higher volatility of 4.92% compared to Fidelity 500 Index Fund (FXAIX) at 3.74%. This indicates that VSPGX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.