VTAPX vs. VTIP
Compare and contrast key facts about Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP).
VTAPX is managed by Vanguard. It was launched on Oct 16, 2012. VTIP is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Oct 12, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTAPX or VTIP.
Correlation
The correlation between VTAPX and VTIP 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
VTAPX vs. VTIP - Performance Comparison
Key characteristics
VTAPX:
2.51
VTIP:
2.50
VTAPX:
3.74
VTIP:
3.80
VTAPX:
1.52
VTIP:
1.50
VTAPX:
5.63
VTIP:
6.00
VTAPX:
15.56
VTIP:
15.81
VTAPX:
0.29%
VTIP:
0.29%
VTAPX:
1.79%
VTIP:
1.81%
VTAPX:
-5.33%
VTIP:
-6.27%
VTAPX:
-0.55%
VTIP:
-0.51%
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with VTAPX at 4.50% and VTIP at 4.50%. Both investments have delivered pretty close results over the past 10 years, with VTAPX having a 2.51% annualized return and VTIP not far ahead at 2.57%.
VTAPX
4.50%
-0.08%
2.34%
4.50%
3.32%
2.51%
VTIP
4.50%
-0.04%
2.35%
4.61%
3.43%
2.57%
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VTAPX vs. VTIP - Expense Ratio Comparison
VTAPX has a 0.06% expense ratio, which is higher than VTIP's 0.04% 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
VTAPX vs. VTIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). 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
VTAPX vs. VTIP - Dividend Comparison
VTAPX's dividend yield for the trailing twelve months is around 1.58%, less than VTIP's 1.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTAPX Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares | 1.58% | 2.84% | 6.82% | 4.68% | 1.19% | 1.94% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% | 0.06% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 1.60% | 3.36% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% | 0.05% |
Drawdowns
VTAPX vs. VTIP - Drawdown Comparison
The maximum VTAPX drawdown since its inception was -5.33%, smaller than the maximum VTIP drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for VTAPX and VTIP. For additional features, visit the drawdowns tool.
Volatility
VTAPX vs. VTIP - Volatility Comparison
Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) has a higher volatility of 0.43% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 0.39%. This indicates that VTAPX's price experiences larger fluctuations and is considered to be riskier than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.