VTCIX vs. FSPGX
Compare and contrast key facts about Vanguard Tax-Managed Capital Appreciation Fund Institutional Shares (VTCIX) and Fidelity Large Cap Growth Index Fund (FSPGX).
VTCIX is managed by Blackrock. It was launched on Feb 24, 1999. FSPGX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTCIX or FSPGX.
Key characteristics
| VTCIX | FSPGX | |
|---|---|---|
| YTD Return | 26.15% | 32.14% |
| 1Y Return | 39.49% | 45.24% |
| 3Y Return (Ann) | 9.37% | 10.41% |
| 5Y Return (Ann) | 15.83% | 20.15% |
| Sharpe Ratio | 3.04 | 2.60 |
| Sortino Ratio | 4.05 | 3.34 |
| Omega Ratio | 1.57 | 1.47 |
| Calmar Ratio | 4.48 | 3.34 |
| Martin Ratio | 19.79 | 13.14 |
| Ulcer Index | 1.94% | 3.34% |
| Daily Std Dev | 12.60% | 16.87% |
| Max Drawdown | -55.17% | -32.66% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between VTCIX and FSPGX is 0.94, 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
VTCIX vs. FSPGX - Performance Comparison
In the year-to-date period, VTCIX achieves a 26.15% return, which is significantly lower than FSPGX's 32.14% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VTCIX vs. FSPGX - Expense Ratio Comparison
VTCIX has a 0.06% expense ratio, which is higher than FSPGX'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
VTCIX vs. FSPGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Tax-Managed Capital Appreciation Fund Institutional Shares (VTCIX) and Fidelity Large Cap Growth Index Fund (FSPGX). 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
VTCIX vs. FSPGX - Dividend Comparison
VTCIX's dividend yield for the trailing twelve months is around 1.08%, more than FSPGX's 0.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTCIX Vanguard Tax-Managed Capital Appreciation Fund Institutional Shares | 1.08% | 1.27% | 1.50% | 1.07% | 1.34% | 1.55% | 1.87% | 1.60% | 1.79% | 1.73% | 1.59% | 1.55% |
FSPGX Fidelity Large Cap Growth Index Fund | 0.42% | 0.73% | 0.86% | 0.54% | 0.74% | 0.99% | 1.14% | 0.99% | 0.30% | 0.00% | 0.00% | 0.00% |
Drawdowns
VTCIX vs. FSPGX - Drawdown Comparison
The maximum VTCIX drawdown since its inception was -55.17%, which is greater than FSPGX's maximum drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for VTCIX and FSPGX. For additional features, visit the drawdowns tool.
Volatility
VTCIX vs. FSPGX - Volatility Comparison
The current volatility for Vanguard Tax-Managed Capital Appreciation Fund Institutional Shares (VTCIX) is 4.03%, while Fidelity Large Cap Growth Index Fund (FSPGX) has a volatility of 5.09%. This indicates that VTCIX experiences smaller price fluctuations and is considered to be less risky than FSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.