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VTCLX vs. VTI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VTCLX and VTI is 0.99, 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.


-0.50.00.51.01.0

Performance

VTCLX vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

650.00%700.00%750.00%800.00%JulyAugustSeptemberOctoberNovemberDecember
749.69%
770.44%
VTCLX
VTI

Key characteristics

Sharpe Ratio

VTCLX:

2.10

VTI:

2.10

Sortino Ratio

VTCLX:

2.80

VTI:

2.80

Omega Ratio

VTCLX:

1.39

VTI:

1.39

Calmar Ratio

VTCLX:

3.13

VTI:

3.14

Martin Ratio

VTCLX:

13.45

VTI:

13.44

Ulcer Index

VTCLX:

1.99%

VTI:

2.00%

Daily Std Dev

VTCLX:

12.74%

VTI:

12.79%

Max Drawdown

VTCLX:

-55.18%

VTI:

-55.45%

Current Drawdown

VTCLX:

-2.92%

VTI:

-3.03%

Returns By Period

The year-to-date returns for both investments are quite close, with VTCLX having a 24.83% return and VTI slightly higher at 24.89%. Both investments have delivered pretty close results over the past 10 years, with VTCLX having a 13.01% annualized return and VTI not far behind at 12.52%.


VTCLX

YTD

24.83%

1M

-0.48%

6M

9.38%

1Y

25.20%

5Y*

14.55%

10Y*

13.01%

VTI

YTD

24.89%

1M

-0.60%

6M

10.03%

1Y

25.20%

5Y*

14.09%

10Y*

12.52%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VTCLX vs. VTI - Expense Ratio Comparison

VTCLX has a 0.09% expense ratio, which is higher than VTI'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%.


VTCLX
Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares
Expense ratio chart for VTCLX: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%
Expense ratio chart for VTI: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

VTCLX vs. VTI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX) and Vanguard Total Stock Market ETF (VTI). 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.


Sharpe ratio
The chart of Sharpe ratio for VTCLX, currently valued at 2.10, compared to the broader market-1.000.001.002.003.004.002.102.10
The chart of Sortino ratio for VTCLX, currently valued at 2.80, compared to the broader market-2.000.002.004.006.008.0010.002.802.80
The chart of Omega ratio for VTCLX, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.003.501.391.39
The chart of Calmar ratio for VTCLX, currently valued at 3.13, compared to the broader market0.002.004.006.008.0010.0012.0014.003.133.14
The chart of Martin ratio for VTCLX, currently valued at 13.45, compared to the broader market0.0020.0040.0060.0013.4513.44
VTCLX
VTI

The current VTCLX Sharpe Ratio is 2.10, which is comparable to the VTI Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of VTCLX and VTI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.10
2.10
VTCLX
VTI

Dividends

VTCLX vs. VTI - Dividend Comparison

VTCLX's dividend yield for the trailing twelve months is around 0.77%, less than VTI's 0.93% yield.


TTM20232022202120202019201820172016201520142013
VTCLX
Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares
0.77%1.24%1.47%1.04%1.32%1.52%1.83%1.57%1.76%1.69%1.56%1.52%
VTI
Vanguard Total Stock Market ETF
0.93%1.44%1.67%1.21%1.42%1.78%2.04%1.71%1.92%1.98%1.76%1.74%

Drawdowns

VTCLX vs. VTI - Drawdown Comparison

The maximum VTCLX drawdown since its inception was -55.18%, roughly equal to the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for VTCLX and VTI. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.92%
-3.03%
VTCLX
VTI

Volatility

VTCLX vs. VTI - Volatility Comparison

Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX) and Vanguard Total Stock Market ETF (VTI) have volatilities of 3.94% and 4.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.94%
4.00%
VTCLX
VTI
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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