VTAPX vs. VTSAX
VTAPX (Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares) and VTSAX (Vanguard Total Stock Market Index Fund Admiral Shares) are both mutual funds - VTAPX is a Inflation-Protected Bonds fund managed by Vanguard, while VTSAX is a Large Cap Blend Equities fund managed by Vanguard. Over the past 10 years, VTAPX returned 3.13%/yr vs 15.12%/yr for VTSAX. At a 0.07 correlation, their price movements are largely independent. VTAPX charges 0.06%/yr vs 0.04%/yr for VTSAX.
Performance
VTAPX vs. VTSAX - Performance Comparison
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Returns By Period
In the year-to-date period, VTAPX achieves a 2.05% return, which is significantly lower than VTSAX's 11.98% return. Over the past 10 years, VTAPX has underperformed VTSAX with an annualized return of 3.13%, while VTSAX has yielded a comparatively higher 15.12% annualized return.
VTAPX
- 1D
- 0.00%
- 1M
- 0.04%
- YTD
- 2.05%
- 6M
- 2.04%
- 1Y
- 4.69%
- 3Y*
- 5.23%
- 5Y*
- 3.38%
- 10Y*
- 3.13%
VTSAX
- 1D
- 0.24%
- 1M
- 5.76%
- YTD
- 11.98%
- 6M
- 11.87%
- 1Y
- 29.09%
- 3Y*
- 22.34%
- 5Y*
- 13.04%
- 10Y*
- 15.12%
VTAPX vs. VTSAX - 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 | 2.05% | 6.03% | 4.73% | 4.59% | -2.84% | 5.26% | 4.97% | 4.85% | 0.53% | 0.82% |
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares | 11.98% | 17.12% | 23.23% | 26.51% | -19.52% | 25.72% | 20.98% | 30.79% | -5.18% | 21.16% |
Correlation
The correlation between VTAPX and VTSAX is -0.01, 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 | -0.01 |
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 3, 2013 | 0.07 |
The correlation between VTAPX and VTSAX shifts across timeframes, from -0.01 (1 year) to 0.15 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
VTAPX vs. VTSAX — Risk / Return Rank
VTAPX
VTSAX
VTAPX vs. VTSAX - 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 Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX). 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.
| VTAPX | VTSAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.57 | ||
| Sortino ratioReturn per unit of downside risk | +1.66 | ||
| Omega ratioGain probability vs. loss probability | 1.65 | 1.44 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 6.45 | 3.37 | +3.07 |
| Martin ratioReturn relative to average drawdown | 25.59 | 15.56 | +10.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VTAPX | VTSAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.03 | 2.47 | +0.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.27 | 0.76 | +0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.41 | 0.82 | +0.58 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.07 | 0.47 | +0.60 |
Drawdowns
VTAPX vs. VTSAX - Drawdown Comparison
The maximum VTAPX drawdown since its inception was -5.33%, smaller than the maximum VTSAX drawdown of -55.33%. Use the drawdown chart below to compare losses from any high point for VTAPX and VTSAX.
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Drawdown Indicators
| VTAPX | VTSAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.33% | -55.33% | +50.00% |
Max Drawdown (1Y)Largest decline over 1 year | -0.72% | -8.92% | +8.20% |
Max Drawdown (3Y)Largest decline over 3 years | -0.92% | -19.36% | +18.44% |
Max Drawdown (5Y)Largest decline over 5 years | -5.33% | -25.36% | +20.03% |
Max Drawdown (10Y)Largest decline over 10 years | -5.33% | -34.97% | +29.64% |
Current DrawdownCurrent decline from peak | -0.04% | 0.00% | -0.04% |
Average DrawdownAverage peak-to-trough decline | -1.03% | -9.01% | +7.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.18% | 1.93% | -1.75% |
Volatility
VTAPX vs. VTSAX - Volatility Comparison
The current volatility for Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) is 0.57%, while Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) has a volatility of 2.95%. This indicates that VTAPX experiences smaller price fluctuations and is considered to be less risky than VTSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VTAPX | VTSAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.57% | 2.95% | -2.38% |
Volatility (6M)Calculated over the trailing 6-month period | 1.11% | 9.19% | -8.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.52% | 12.19% | -10.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.67% | 17.36% | -14.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.23% | 18.41% | -16.18% |
VTAPX vs. VTSAX - Expense Ratio Comparison
VTAPX has a 0.06% expense ratio, which is higher than VTSAX'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%.
Dividends
VTAPX vs. VTSAX - Dividend Comparison
VTAPX's dividend yield for the trailing twelve months is around 3.55%, more than VTSAX's 1.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTAPX Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares | 3.55% | 3.78% | 2.68% | 2.84% | 6.82% | 4.67% | 1.19% | 1.94% | 2.45% | 1.52% | 0.76% | 0.00% |
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares | 1.00% | 1.11% | 1.26% | 1.42% | 1.65% | 1.20% | 1.41% | 1.76% | 2.03% | 1.71% | 1.92% | 1.98% |
Frequently Asked Questions
VTAPX and VTSAX have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VTSAX has higher volatility (2.95%) compared to VTAPX (0.57%). In terms of maximum drawdown, VTAPX dropped -5.33% vs VTSAX's -55.33%.
VTAPX currently has the higher Sharpe Ratio (3.03 vs 2.47), 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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