VSTCX vs. VWITX
VSTCX (Vanguard Strategic Small-Cap Equity Fund) and VWITX (Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares) are both mutual funds - VSTCX is a Small Cap Blend Equities fund actively managed by Vanguard, while VWITX is a Municipal Bonds fund actively managed by Vanguard. Both are actively managed. Over the past 10 years, VSTCX returned 12.56%/yr vs 2.12%/yr for VWITX. Their -0.11 correlation means they have often moved in opposite directions in the past. VSTCX charges 0.21%/yr vs 0.17%/yr for VWITX.
Performance
VSTCX vs. VWITX - Performance Comparison
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Returns By Period
In the year-to-date period, VSTCX achieves a 21.78% return, which is significantly higher than VWITX's -0.11% return. Over the past 10 years, VSTCX has outperformed VWITX with an annualized return of 12.56%, while VWITX has yielded a comparatively lower 2.12% annualized return.
VSTCX
- 1D
- 1.18%
- 1M
- -1.13%
- 6M
- 17.27%
- YTD
- 21.78%
- 1Y
- 42.42%
- 3Y*
- 19.74%
- 5Y*
- 12.93%
- 10Y*
- 12.56%
- ALL TIME*
- 9.46%
VWITX
- 1D
- -0.22%
- 1M
- -1.81%
- 6M
- -1.02%
- YTD
- -0.11%
- 1Y
- 4.05%
- 3Y*
- 3.74%
- 5Y*
- 1.19%
- 10Y*
- 2.12%
- ALL TIME*
- 3.46%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
VSTCX vs. VWITX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VSTCX Vanguard Strategic Small-Cap Equity Fund | 21.78% | 15.20% | 15.40% | 21.34% | -13.00% | 33.53% | 8.38% | 22.18% | -11.87% | 9.21% |
VWITX Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares | -0.11% | 5.89% | 2.23% | 5.82% | -6.90% | 0.74% | 5.14% | 7.01% | 1.26% | 4.54% |
Correlation
The correlation between VSTCX and VWITX is 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.18 |
Correlation (3Y) Balances recent behavior with more history. | 0.14 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.10 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.00 |
Correlation (All Time) Calculated using the full available price history since Apr 20, 2006 | -0.11 |
The correlation between VSTCX and VWITX shifts across timeframes, from -0.11 (all time) to 0.18 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VSTCX vs. VWITX — Risk / Return Rank
VSTCX
VWITX
VSTCX vs. VWITX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Strategic Small-Cap Equity Fund (VSTCX) and Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VSTCX | VWITX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.47 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.76 | 1.61 | +3.15 |
| Martin ratioReturn relative to average drawdown | 16.72 | 4.72 | +12.00 |
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Drawdowns
VSTCX vs. VWITX - Drawdown Comparison
The maximum VSTCX drawdown since its inception was -62.50%, which is greater than VWITX's maximum drawdown of -29.13%. Use the drawdown chart below to compare losses from any high point for VSTCX and VWITX.
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Drawdown Indicators
| VSTCX | VWITX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.50% | -29.13% | -33.37% |
Max Drawdown (1Y)Largest decline over 1 year | -8.08% | -2.99% | -5.09% |
Max Drawdown (3Y)Largest decline over 3 years | -27.47% | -4.02% | -23.45% |
Max Drawdown (5Y)Largest decline over 5 years | -27.47% | -11.46% | -16.01% |
Max Drawdown (10Y)Largest decline over 10 years | -48.08% | -11.46% | -36.62% |
Current DrawdownCurrent decline from peak | -2.86% | -2.28% | -0.58% |
Average DrawdownAverage peak-to-trough decline | -10.58% | -3.57% | -7.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.30% | 1.02% | +1.28% |
Volatility
VSTCX vs. VWITX - Volatility Comparison
Vanguard Strategic Small-Cap Equity Fund (VSTCX) has a higher volatility of 3.84% compared to Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) at 0.79%. This indicates that VSTCX's price experiences larger fluctuations and is considered to be riskier than VWITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VSTCX | VWITX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.84% | 0.79% | +3.05% |
Volatility (6M)Calculated over the trailing 6-month period | 12.46% | 2.01% | +10.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.64% | 2.44% | +15.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.88% | 3.28% | +18.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.42% | 3.42% | +20.00% |
VSTCX vs. VWITX - Expense Ratio Comparison
VSTCX has a 0.21% expense ratio, which is higher than VWITX's 0.17% 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%.
Dividends
VSTCX vs. VWITX - Dividend Comparison
VSTCX's dividend yield for the trailing twelve months is around 6.20%, more than VWITX's 3.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSTCX Vanguard Strategic Small-Cap Equity Fund | 6.20% | 7.55% | 9.66% | 2.50% | 7.44% | 19.92% | 1.24% | 4.14% | 11.74% | 5.76% | 1.35% | 2.33% |
VWITX Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares | 3.05% | 3.96% | 3.53% | 2.70% | 2.43% | 1.83% | 2.32% | 2.80% | 2.80% | 2.72% | 2.80% | 2.88% |
Frequently Asked Questions
VSTCX and VWITX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VSTCX has higher volatility (3.84%) compared to VWITX (0.79%). In terms of maximum drawdown, VSTCX dropped -62.50% vs VWITX's -29.13%.
VSTCX currently has the higher Sharpe Ratio (2.18 vs 1.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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