PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
VTIPX vs. VTSPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VTIPX and VTSPX is 0.97, 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

VTIPX vs. VTSPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX) and Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX). The values are adjusted to include any dividend payments, if applicable.

-0.50%0.00%0.50%1.00%1.50%2.00%2.50%3.00%JulyAugustSeptemberOctoberNovemberDecember
2.21%
2.27%
VTIPX
VTSPX

Key characteristics

Sharpe Ratio

VTIPX:

2.60

VTSPX:

2.58

Sortino Ratio

VTIPX:

3.89

VTSPX:

3.86

Omega Ratio

VTIPX:

1.54

VTSPX:

1.53

Calmar Ratio

VTIPX:

5.81

VTSPX:

5.86

Martin Ratio

VTIPX:

16.33

VTSPX:

16.27

Ulcer Index

VTIPX:

0.28%

VTSPX:

0.29%

Daily Std Dev

VTIPX:

1.75%

VTSPX:

1.80%

Max Drawdown

VTIPX:

-5.36%

VTSPX:

-5.35%

Current Drawdown

VTIPX:

-0.58%

VTSPX:

-0.59%

Returns By Period

The year-to-date returns for both investments are quite close, with VTIPX having a 4.39% return and VTSPX slightly higher at 4.47%. Both investments have delivered pretty close results over the past 10 years, with VTIPX having a 2.40% annualized return and VTSPX not far ahead at 2.51%.


VTIPX

YTD

4.39%

1M

-0.08%

6M

2.30%

1Y

4.54%

5Y*

3.22%

10Y*

2.40%

VTSPX

YTD

4.47%

1M

-0.08%

6M

2.35%

1Y

4.64%

5Y*

3.32%

10Y*

2.51%

Compare stocks, funds, or ETFs

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


VTIPX vs. VTSPX - Expense Ratio Comparison

VTIPX has a 0.14% expense ratio, which is higher than VTSPX'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%.


VTIPX
Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares
Expense ratio chart for VTIPX: current value at 0.14% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.14%
Expense ratio chart for VTSPX: 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

VTIPX vs. VTSPX - 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 Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX). 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 VTIPX, currently valued at 2.60, compared to the broader market-1.000.001.002.003.004.002.602.58
The chart of Sortino ratio for VTIPX, currently valued at 3.89, compared to the broader market-2.000.002.004.006.008.0010.003.893.86
The chart of Omega ratio for VTIPX, currently valued at 1.54, compared to the broader market0.501.001.502.002.503.003.501.541.53
The chart of Calmar ratio for VTIPX, currently valued at 5.81, compared to the broader market0.005.0010.0015.005.815.86
The chart of Martin ratio for VTIPX, currently valued at 16.33, compared to the broader market0.0020.0040.0060.0016.3316.27
VTIPX
VTSPX

The current VTIPX Sharpe Ratio is 2.60, which is comparable to the VTSPX Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of VTIPX and VTSPX, 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 Ratio2.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
2.60
2.58
VTIPX
VTSPX

Dividends

VTIPX vs. VTSPX - Dividend Comparison

VTIPX's dividend yield for the trailing twelve months is around 2.80%, less than VTSPX's 2.91% yield.


TTM20232022202120202019201820172016201520142013
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%
VTSPX
Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares
2.91%2.86%6.84%4.69%1.21%1.96%2.47%1.52%0.80%0.00%0.85%0.06%

Drawdowns

VTIPX vs. VTSPX - Drawdown Comparison

The maximum VTIPX drawdown since its inception was -5.36%, roughly equal to the maximum VTSPX drawdown of -5.35%. Use the drawdown chart below to compare losses from any high point for VTIPX and VTSPX. For additional features, visit the drawdowns tool.


-0.80%-0.60%-0.40%-0.20%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.58%
-0.59%
VTIPX
VTSPX

Volatility

VTIPX vs. VTSPX - Volatility Comparison

Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX) and Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX) have volatilities of 0.43% and 0.43%, 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.


0.30%0.40%0.50%0.60%0.70%JulyAugustSeptemberOctoberNovemberDecember
0.43%
0.43%
VTIPX
VTSPX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab