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VTINX vs. VBTIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VTINX and VBTIX is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

VTINX vs. VBTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Target Retirement Income Fund (VTINX) and Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX). The values are adjusted to include any dividend payments, if applicable.

-1.00%0.00%1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
3.13%
1.53%
VTINX
VBTIX

Key characteristics

Sharpe Ratio

VTINX:

1.56

VBTIX:

0.40

Sortino Ratio

VTINX:

2.24

VBTIX:

0.60

Omega Ratio

VTINX:

1.28

VBTIX:

1.07

Calmar Ratio

VTINX:

1.47

VBTIX:

0.16

Martin Ratio

VTINX:

8.80

VBTIX:

1.15

Ulcer Index

VTINX:

0.87%

VBTIX:

1.89%

Daily Std Dev

VTINX:

4.90%

VBTIX:

5.48%

Max Drawdown

VTINX:

-19.96%

VBTIX:

-19.01%

Current Drawdown

VTINX:

-2.08%

VBTIX:

-9.31%

Returns By Period

In the year-to-date period, VTINX achieves a 6.71% return, which is significantly higher than VBTIX's 1.26% return. Over the past 10 years, VTINX has outperformed VBTIX with an annualized return of 4.20%, while VBTIX has yielded a comparatively lower 1.29% annualized return.


VTINX

YTD

6.71%

1M

-0.15%

6M

3.05%

1Y

7.23%

5Y*

3.63%

10Y*

4.20%

VBTIX

YTD

1.26%

1M

-0.11%

6M

1.22%

1Y

2.07%

5Y*

-0.33%

10Y*

1.29%

Compare stocks, funds, or ETFs

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VTINX vs. VBTIX - Expense Ratio Comparison

VTINX has a 0.08% expense ratio, which is higher than VBTIX'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%.


VTINX
Vanguard Target Retirement Income Fund
Expense ratio chart for VTINX: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%
Expense ratio chart for VBTIX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

VTINX vs. VBTIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement Income Fund (VTINX) and Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX). 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 VTINX, currently valued at 1.56, compared to the broader market-1.000.001.002.003.004.001.560.40
The chart of Sortino ratio for VTINX, currently valued at 2.24, compared to the broader market-2.000.002.004.006.008.0010.002.240.60
The chart of Omega ratio for VTINX, currently valued at 1.28, compared to the broader market0.501.001.502.002.503.003.501.281.07
The chart of Calmar ratio for VTINX, currently valued at 1.47, compared to the broader market0.005.0010.0015.001.470.16
The chart of Martin ratio for VTINX, currently valued at 8.80, compared to the broader market0.0020.0040.0060.008.801.15
VTINX
VBTIX

The current VTINX Sharpe Ratio is 1.56, which is higher than the VBTIX Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of VTINX and VBTIX, 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 Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.56
0.40
VTINX
VBTIX

Dividends

VTINX vs. VBTIX - Dividend Comparison

VTINX's dividend yield for the trailing twelve months is around 3.28%, less than VBTIX's 3.65% yield.


TTM20232022202120202019201820172016201520142013
VTINX
Vanguard Target Retirement Income Fund
3.28%2.98%2.71%2.59%1.65%2.51%2.69%2.10%1.94%1.84%1.84%1.63%
VBTIX
Vanguard Total Bond Market Index Fund Institutional Shares
3.65%3.12%2.54%1.91%2.25%2.74%2.78%2.53%2.49%2.51%2.57%2.56%

Drawdowns

VTINX vs. VBTIX - Drawdown Comparison

The maximum VTINX drawdown since its inception was -19.96%, roughly equal to the maximum VBTIX drawdown of -19.01%. Use the drawdown chart below to compare losses from any high point for VTINX and VBTIX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.08%
-9.31%
VTINX
VBTIX

Volatility

VTINX vs. VBTIX - Volatility Comparison

The current volatility for Vanguard Target Retirement Income Fund (VTINX) is 1.52%, while Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) has a volatility of 1.63%. This indicates that VTINX experiences smaller price fluctuations and is considered to be less risky than VBTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.20%1.40%1.60%1.80%2.00%JulyAugustSeptemberOctoberNovemberDecember
1.52%
1.63%
VTINX
VBTIX
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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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