VSPVX vs. SPY
Compare and contrast key facts about Vanguard S&P 500 Value Index Fund Institutional Shares (VSPVX) and SPDR S&P 500 ETF (SPY).
VSPVX is managed by Vanguard. It was launched on Mar 3, 2015. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VSPVX or SPY.
Correlation
The correlation between VSPVX and SPY is 0.91, 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
VSPVX vs. SPY - Performance Comparison
Key characteristics
VSPVX:
0.16
SPY:
0.30
VSPVX:
0.33
SPY:
0.56
VSPVX:
1.05
SPY:
1.08
VSPVX:
0.14
SPY:
0.31
VSPVX:
0.55
SPY:
1.40
VSPVX:
4.37%
SPY:
4.18%
VSPVX:
15.52%
SPY:
19.64%
VSPVX:
-37.05%
SPY:
-55.19%
VSPVX:
-13.06%
SPY:
-13.86%
Returns By Period
In the year-to-date period, VSPVX achieves a -6.72% return, which is significantly higher than SPY's -9.91% return. Over the past 10 years, VSPVX has underperformed SPY with an annualized return of 9.05%, while SPY has yielded a comparatively higher 11.54% annualized return.
VSPVX
-6.72%
-6.76%
-10.83%
1.49%
13.73%
9.05%
SPY
-9.91%
-6.63%
-9.38%
7.66%
15.04%
11.54%
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VSPVX vs. SPY - Expense Ratio Comparison
VSPVX has a 0.08% expense ratio, which is lower than SPY's 0.09% 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
VSPVX vs. SPY — Risk-Adjusted Performance Rank
VSPVX
SPY
VSPVX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 Value Index Fund Institutional Shares (VSPVX) and SPDR S&P 500 ETF (SPY). 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
VSPVX vs. SPY - Dividend Comparison
VSPVX's dividend yield for the trailing twelve months is around 2.33%, more than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSPVX Vanguard S&P 500 Value Index Fund Institutional Shares | 2.33% | 2.12% | 1.71% | 2.21% | 1.88% | 2.46% | 2.11% | 2.73% | 2.18% | 2.30% | 2.47% | 0.00% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
VSPVX vs. SPY - Drawdown Comparison
The maximum VSPVX drawdown since its inception was -37.05%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VSPVX and SPY. For additional features, visit the drawdowns tool.
Volatility
VSPVX vs. SPY - Volatility Comparison
The current volatility for Vanguard S&P 500 Value Index Fund Institutional Shares (VSPVX) is 11.60%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that VSPVX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.