VTCIX vs. SILVX
VTCIX (Vanguard Tax-Managed Capital Appreciation Fund Institutional Shares) and SILVX (SGI U.S. Large Equity Fund) are both Large Cap Blend Equities funds. Over the past 10 years, VTCIX returned 14.90%/yr vs 10.34%/yr for SILVX. Their correlation of 0.87 means they have usually moved in the same direction. VTCIX charges 0.06%/yr vs 0.98%/yr for SILVX.
Performance
VTCIX vs. SILVX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VTCIX achieves a 9.29% return, which is significantly lower than SILVX's 11.62% return. Over the past 10 years, VTCIX has outperformed SILVX with an annualized return of 14.90%, while SILVX has yielded a comparatively lower 10.34% annualized return.
VTCIX
- 1D
- 1.63%
- 1M
- -0.79%
- 6M
- 7.73%
- YTD
- 9.29%
- 1Y
- 20.43%
- 3Y*
- 18.57%
- 5Y*
- 11.96%
- 10Y*
- 14.90%
- ALL TIME*
- 8.99%
SILVX
- 1D
- 0.82%
- 1M
- 0.26%
- 6M
- 7.28%
- YTD
- 11.62%
- 1Y
- 20.78%
- 3Y*
- 14.32%
- 5Y*
- 7.85%
- 10Y*
- 10.34%
- ALL TIME*
- 11.23%
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 |
VTCIX vs. SILVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTCIX Vanguard Tax-Managed Capital Appreciation Fund Institutional Shares | 9.29% | 17.48% | 23.81% | 26.65% | -19.05% | 26.92% | 21.09% | 31.51% | -4.95% | 22.44% |
SILVX SGI U.S. Large Equity Fund | 11.62% | 8.89% | 17.65% | 10.43% | -12.99% | 17.31% | 11.48% | 29.22% | 0.19% | 16.43% |
Correlation
The correlation between VTCIX and SILVX is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.71 |
Correlation (3Y) Balances recent behavior with more history. | 0.77 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.83 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Mar 2, 2012 | 0.87 |
The correlation between VTCIX and SILVX shifts across timeframes, from 0.71 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VTCIX vs. SILVX — Risk / Return Rank
VTCIX
SILVX
VTCIX vs. SILVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Tax-Managed Capital Appreciation Fund Institutional Shares (VTCIX) and SGI U.S. Large Equity Fund (SILVX). 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.
| VTCIX | SILVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.37 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.07 | 2.50 | -0.43 |
| Martin ratioReturn relative to average drawdown | 8.98 | 11.23 | -2.25 |
Loading charts...
Drawdowns
VTCIX vs. SILVX - Drawdown Comparison
The maximum VTCIX drawdown since its inception was -55.17%, which is greater than SILVX's maximum drawdown of -31.29%. Use the drawdown chart below to compare losses from any high point for VTCIX and SILVX.
Loading charts...
Drawdown Indicators
| VTCIX | SILVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.17% | -31.29% | -23.88% |
Max Drawdown (1Y)Largest decline over 1 year | -8.79% | -7.87% | -0.92% |
Max Drawdown (3Y)Largest decline over 3 years | -19.01% | -12.12% | -6.89% |
Max Drawdown (5Y)Largest decline over 5 years | -24.96% | -21.21% | -3.75% |
Max Drawdown (10Y)Largest decline over 10 years | -34.56% | -31.29% | -3.27% |
Current DrawdownCurrent decline from peak | -1.83% | -0.15% | -1.68% |
Average DrawdownAverage peak-to-trough decline | -11.91% | -3.57% | -8.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 1.75% | +0.27% |
Volatility
VTCIX vs. SILVX - Volatility Comparison
Vanguard Tax-Managed Capital Appreciation Fund Institutional Shares (VTCIX) has a higher volatility of 3.42% compared to SGI U.S. Large Equity Fund (SILVX) at 2.47%. This indicates that VTCIX's price experiences larger fluctuations and is considered to be riskier than SILVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VTCIX | SILVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.42% | 2.47% | +0.95% |
Volatility (6M)Calculated over the trailing 6-month period | 10.16% | 6.97% | +3.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.97% | 9.33% | +3.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.33% | 13.20% | +4.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.27% | 14.95% | +3.32% |
VTCIX vs. SILVX - Expense Ratio Comparison
VTCIX has a 0.06% expense ratio, which is lower than SILVX's 0.98% expense ratio.
Dividends
VTCIX vs. SILVX - Dividend Comparison
VTCIX's dividend yield for the trailing twelve months is around 0.94%, less than SILVX's 7.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SILVX SGI U.S. Large Equity Fund | 7.95% | 8.87% | 23.03% | 4.68% | 4.09% | 15.68% | 0.61% | 4.37% | 4.43% | 7.34% | 2.61% | 7.04% |
VTCIX Vanguard Tax-Managed Capital Appreciation Fund Institutional Shares | 0.94% | 0.96% | 1.07% | 1.27% | 1.50% | 1.07% | 1.34% | 1.55% | 1.86% | 1.60% | 1.79% | 1.73% |
Frequently Asked Questions
VTCIX and SILVX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VTCIX has higher volatility (3.42%) compared to SILVX (2.47%). In terms of maximum drawdown, VTCIX dropped -55.17% vs SILVX's -31.29%.
SILVX currently has the higher Sharpe Ratio (2.11 vs 1.40), 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.
Find the right allocation for VTCIX and SILVX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer