VTINX vs. VOO
VTINX (Vanguard Target Retirement Income Fund) and VOO (Vanguard S&P 500 ETF) are both funds - VTINX is a Target Retirement Date fund managed by Vanguard, while VOO is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, VTINX returned 5.31%/yr vs 15.77%/yr for VOO. Their correlation of 0.81 suggests significant overlap in exposure. VTINX charges 0.08%/yr vs 0.03%/yr for VOO.
Performance
VTINX vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, VTINX achieves a 4.47% return, which is significantly lower than VOO's 9.75% return. Over the past 10 years, VTINX has underperformed VOO with an annualized return of 5.31%, while VOO has yielded a comparatively higher 15.77% annualized return.
VTINX
- 1D
- 0.49%
- 1M
- 0.98%
- YTD
- 4.47%
- 6M
- 4.54%
- 1Y
- 11.60%
- 3Y*
- 9.10%
- 5Y*
- 4.22%
- 10Y*
- 5.31%
VOO
- 1D
- -0.29%
- 1M
- 0.08%
- YTD
- 9.75%
- 6M
- 9.30%
- 1Y
- 26.77%
- 3Y*
- 21.36%
- 5Y*
- 13.58%
- 10Y*
- 15.77%
VTINX vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTINX Vanguard Target Retirement Income Fund | 4.47% | 11.31% | 6.66% | 10.66% | -12.75% | 5.24% | 10.02% | 13.16% | -1.98% | 7.46% |
VOO Vanguard S&P 500 ETF | 9.75% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between VTINX and VOO is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.81 |
The correlation between VTINX and VOO has been stable across timeframes, ranging from 0.79 to 0.86 - a consistent structural relationship.
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Return for Risk
VTINX vs. VOO — Risk / Return Rank
VTINX
VOO
VTINX vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement Income Fund (VTINX) and Vanguard S&P 500 ETF (VOO). 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.
| VTINX | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.39 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.77 | 3.02 | -0.25 |
| Martin ratioReturn relative to average drawdown | 11.98 | 13.58 | -1.61 |
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Drawdowns
VTINX vs. VOO - Drawdown Comparison
The maximum VTINX drawdown since its inception was -19.96%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VTINX and VOO.
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Drawdown Indicators
| VTINX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.96% | -33.99% | +14.03% |
Max Drawdown (1Y)Largest decline over 1 year | -4.14% | -8.90% | +4.76% |
Max Drawdown (3Y)Largest decline over 3 years | -5.26% | -18.69% | +13.43% |
Max Drawdown (5Y)Largest decline over 5 years | -17.02% | -24.52% | +7.50% |
Max Drawdown (10Y)Largest decline over 10 years | -17.02% | -33.99% | +16.97% |
Current DrawdownCurrent decline from peak | -0.21% | -1.74% | +1.53% |
Average DrawdownAverage peak-to-trough decline | -2.20% | -3.68% | +1.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.96% | 1.98% | -1.02% |
Volatility
VTINX vs. VOO - Volatility Comparison
The current volatility for Vanguard Target Retirement Income Fund (VTINX) is 2.18%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.60%. This indicates that VTINX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VTINX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.18% | 4.60% | -2.42% |
Volatility (6M)Calculated over the trailing 6-month period | 4.40% | 9.73% | -5.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.18% | 12.39% | -7.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.12% | 16.90% | -10.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.76% | 18.05% | -12.29% |
VTINX vs. VOO - Expense Ratio Comparison
VTINX has a 0.08% expense ratio, which is higher than VOO'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%.
Dividends
VTINX vs. VOO - Dividend Comparison
VTINX's dividend yield for the trailing twelve months is around 4.81%, more than VOO's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VOO Vanguard S&P 500 ETF | 1.04% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
VTINX Vanguard Target Retirement Income Fund | 4.81% | 5.02% | 5.89% | 4.01% | 3.08% | 8.63% | 3.42% | 2.62% | 4.19% | 1.56% | 2.27% | 3.53% |
Frequently Asked Questions
VTINX and VOO have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VOO has higher volatility (4.60%) compared to VTINX (2.18%). In terms of maximum drawdown, VTINX dropped -19.96% vs VOO's -33.99%.
VTINX currently has the higher Sharpe Ratio (2.22 vs 2.17), 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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