VSPMX vs. VOO
Compare and contrast key facts about Vanguard S&P Mid-Cap 400 Index Fund Institutional Shares (VSPMX) and Vanguard S&P 500 ETF (VOO).
VSPMX is managed by Vanguard. It was launched on Mar 28, 2011. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VSPMX or VOO.
Correlation
The correlation between VSPMX and VOO is 0.88, 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
VSPMX vs. VOO - Performance Comparison
Key characteristics
VSPMX:
-0.04
VOO:
0.54
VSPMX:
0.09
VOO:
0.88
VSPMX:
1.01
VOO:
1.13
VSPMX:
-0.04
VOO:
0.55
VSPMX:
-0.13
VOO:
2.27
VSPMX:
7.05%
VOO:
4.55%
VSPMX:
21.56%
VOO:
19.19%
VSPMX:
-42.04%
VOO:
-33.99%
VSPMX:
-15.94%
VOO:
-9.90%
Returns By Period
In the year-to-date period, VSPMX achieves a -8.87% return, which is significantly lower than VOO's -5.74% return. Over the past 10 years, VSPMX has underperformed VOO with an annualized return of 8.22%, while VOO has yielded a comparatively higher 12.24% annualized return.
VSPMX
-8.87%
-2.76%
-8.19%
-0.75%
13.39%
8.22%
VOO
-5.74%
-0.92%
-4.28%
9.78%
15.84%
12.24%
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VSPMX vs. VOO - Expense Ratio Comparison
VSPMX has a 0.08% expense ratio, which is higher than VOO's 0.03% 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
VSPMX vs. VOO — Risk-Adjusted Performance Rank
VSPMX
VOO
VSPMX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P Mid-Cap 400 Index Fund Institutional Shares (VSPMX) and Vanguard S&P 500 ETF (VOO). 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
VSPMX vs. VOO - Dividend Comparison
VSPMX's dividend yield for the trailing twelve months is around 1.58%, more than VOO's 1.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSPMX Vanguard S&P Mid-Cap 400 Index Fund Institutional Shares | 1.58% | 1.32% | 1.27% | 1.60% | 1.15% | 1.24% | 1.49% | 1.64% | 1.27% | 1.54% | 1.52% | 1.32% |
VOO Vanguard S&P 500 ETF | 1.38% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
VSPMX vs. VOO - Drawdown Comparison
The maximum VSPMX drawdown since its inception was -42.04%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VSPMX and VOO. For additional features, visit the drawdowns tool.
Volatility
VSPMX vs. VOO - Volatility Comparison
Vanguard S&P Mid-Cap 400 Index Fund Institutional Shares (VSPMX) and Vanguard S&P 500 ETF (VOO) have volatilities of 14.61% and 13.96%, 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.