VTAPX vs. SWTSX
VTAPX (Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares) and SWTSX (Schwab Total Stock Market Index Fund) are both mutual funds - VTAPX is a Inflation-Protected Bonds fund tracking the Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Year Index, while SWTSX is a Large Cap Blend Equities fund tracking the Dow Jones U.S. Total Stock Market Index. Both are passively managed. Over the past 10 years, VTAPX returned 3.08%/yr vs 14.89%/yr for SWTSX. At a 0.06 correlation, their price movements are largely independent. VTAPX charges 0.06%/yr vs 0.03%/yr for SWTSX.
Performance
VTAPX vs. SWTSX - Performance Comparison
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Returns By Period
In the year-to-date period, VTAPX achieves a 1.89% return, which is significantly lower than SWTSX's 9.15% return. Over the past 10 years, VTAPX has underperformed SWTSX with an annualized return of 3.08%, while SWTSX has yielded a comparatively higher 14.89% annualized return.
VTAPX
- 1D
- 0.08%
- 1M
- -0.20%
- YTD
- 1.89%
- 6M
- 2.00%
- 1Y
- 4.60%
- 3Y*
- 5.18%
- 5Y*
- 3.37%
- 10Y*
- 3.08%
SWTSX
- 1D
- 1.88%
- 1M
- -0.00%
- YTD
- 9.15%
- 6M
- 9.22%
- 1Y
- 24.15%
- 3Y*
- 20.73%
- 5Y*
- 12.09%
- 10Y*
- 14.89%
VTAPX vs. SWTSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTAPX Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares | 1.89% | 6.03% | 4.73% | 4.59% | -2.84% | 5.26% | 4.97% | 4.85% | 0.53% | 0.82% |
SWTSX Schwab Total Stock Market Index Fund | 9.15% | 17.04% | 23.84% | 26.05% | -19.54% | 25.65% | 20.71% | 30.90% | -5.35% | 21.08% |
Correlation
The correlation between VTAPX and SWTSX is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | 0.06 |
The correlation between VTAPX and SWTSX shifts across timeframes, from 0.02 (1 year) to 0.15 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
VTAPX vs. SWTSX — Risk / Return Rank
VTAPX
SWTSX
VTAPX vs. SWTSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) and Schwab Total Stock Market Index Fund (SWTSX). 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.
| VTAPX | SWTSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.12 | ||
| Sortino ratioReturn per unit of downside risk | +2.38 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 1.35 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 6.51 | 2.77 | +3.73 |
| Martin ratioReturn relative to average drawdown | 25.61 | 12.40 | +13.21 |
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Drawdowns
VTAPX vs. SWTSX - Drawdown Comparison
The maximum VTAPX drawdown since its inception was -5.33%, smaller than the maximum SWTSX drawdown of -54.60%. Use the drawdown chart below to compare losses from any high point for VTAPX and SWTSX.
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Drawdown Indicators
| VTAPX | SWTSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.33% | -54.60% | +49.27% |
Max Drawdown (1Y)Largest decline over 1 year | -0.72% | -8.88% | +8.16% |
Max Drawdown (3Y)Largest decline over 3 years | -0.92% | -19.43% | +18.51% |
Max Drawdown (5Y)Largest decline over 5 years | -5.33% | -25.40% | +20.07% |
Max Drawdown (10Y)Largest decline over 10 years | -5.33% | -35.01% | +29.68% |
Current DrawdownCurrent decline from peak | -0.20% | -2.56% | +2.36% |
Average DrawdownAverage peak-to-trough decline | -1.03% | -10.56% | +9.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.18% | 1.98% | -1.80% |
Volatility
VTAPX vs. SWTSX - Volatility Comparison
The current volatility for Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) is 0.59%, while Schwab Total Stock Market Index Fund (SWTSX) has a volatility of 4.62%. This indicates that VTAPX experiences smaller price fluctuations and is considered to be less risky than SWTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VTAPX | SWTSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.59% | 4.62% | -4.03% |
Volatility (6M)Calculated over the trailing 6-month period | 1.14% | 9.95% | -8.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.53% | 12.78% | -11.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.67% | 17.51% | -14.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.23% | 18.63% | -16.40% |
VTAPX vs. SWTSX - Expense Ratio Comparison
VTAPX has a 0.06% expense ratio, which is higher than SWTSX'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%.
Dividends
VTAPX vs. SWTSX - Dividend Comparison
VTAPX's dividend yield for the trailing twelve months is around 3.56%, more than SWTSX's 1.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWTSX Schwab Total Stock Market Index Fund | 1.01% | 1.10% | 1.24% | 1.41% | 1.62% | 1.46% | 1.63% | 1.92% | 2.58% | 1.83% | 2.32% | 2.79% |
VTAPX Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares | 3.56% | 3.78% | 2.68% | 2.84% | 6.82% | 4.67% | 1.19% | 1.94% | 2.45% | 1.52% | 0.76% | 0.00% |
Frequently Asked Questions
VTAPX and SWTSX have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SWTSX has higher volatility (4.62%) compared to VTAPX (0.59%). In terms of maximum drawdown, VTAPX dropped -5.33% vs SWTSX's -54.60%.
VTAPX currently has the higher Sharpe Ratio (3.05 vs 1.93), 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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