VTIPX vs. VGLT
Compare and contrast key facts about Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX) and Vanguard Long-Term Treasury ETF (VGLT).
VTIPX is managed by Vanguard. It was launched on Oct 16, 2012. VGLT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. Long Government Float Adjusted Index. It was launched on Nov 19, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTIPX or VGLT.
Key characteristics
| VTIPX | VGLT | |
|---|---|---|
| YTD Return | 4.27% | -4.06% |
| 1Y Return | 6.17% | 7.94% |
| 3Y Return (Ann) | 1.84% | -11.04% |
| 5Y Return (Ann) | 3.30% | -5.03% |
| 10Y Return (Ann) | 2.24% | 0.10% |
| Sharpe Ratio | 3.14 | 0.57 |
| Sortino Ratio | 5.28 | 0.89 |
| Omega Ratio | 1.72 | 1.10 |
| Calmar Ratio | 3.66 | 0.18 |
| Martin Ratio | 24.49 | 1.45 |
| Ulcer Index | 0.26% | 5.37% |
| Daily Std Dev | 1.99% | 13.68% |
| Max Drawdown | -5.36% | -46.18% |
| Current Drawdown | -0.70% | -38.37% |
Correlation
The correlation between VTIPX and VGLT is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VTIPX vs. VGLT - Performance Comparison
In the year-to-date period, VTIPX achieves a 4.27% return, which is significantly higher than VGLT's -4.06% return. Over the past 10 years, VTIPX has outperformed VGLT with an annualized return of 2.24%, while VGLT has yielded a comparatively lower 0.10% annualized 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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VTIPX vs. VGLT - Expense Ratio Comparison
VTIPX has a 0.14% expense ratio, which is higher than VGLT'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
VTIPX vs. VGLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX) and Vanguard Long-Term Treasury ETF (VGLT). 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
VTIPX vs. VGLT - Dividend Comparison
VTIPX's dividend yield for the trailing twelve months is around 2.80%, less than VGLT's 4.10% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTIPX Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares | 2.80% | 2.76% | 6.74% | 4.59% | 1.11% | 1.88% | 2.38% | 1.50% | 0.55% | 0.00% | 0.72% | 0.02% |
VGLT Vanguard Long-Term Treasury ETF | 4.10% | 3.33% | 2.83% | 1.82% | 2.15% | 2.46% | 2.71% | 2.55% | 2.69% | 3.21% | 2.75% | 3.19% |
Drawdowns
VTIPX vs. VGLT - Drawdown Comparison
The maximum VTIPX drawdown since its inception was -5.36%, smaller than the maximum VGLT drawdown of -46.18%. Use the drawdown chart below to compare losses from any high point for VTIPX and VGLT. For additional features, visit the drawdowns tool.
Volatility
VTIPX vs. VGLT - Volatility Comparison
The current volatility for Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX) is 0.44%, while Vanguard Long-Term Treasury ETF (VGLT) has a volatility of 4.61%. This indicates that VTIPX experiences smaller price fluctuations and is considered to be less risky than VGLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.