VTMFX vs. VFIFX
Compare and contrast key facts about Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX) and Vanguard Target Retirement 2050 Fund (VFIFX).
VTMFX is managed by Blackrock. It was launched on Sep 6, 1994. VFIFX is managed by Vanguard. It was launched on Jun 7, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTMFX or VFIFX.
Performance
VTMFX vs. VFIFX - Performance Comparison
Returns By Period
In the year-to-date period, VTMFX achieves a 13.03% return, which is significantly lower than VFIFX's 15.88% return. Over the past 10 years, VTMFX has underperformed VFIFX with an annualized return of 7.54%, while VFIFX has yielded a comparatively higher 8.75% annualized return.
VTMFX
13.03%
1.15%
8.13%
17.97%
8.30%
7.54%
VFIFX
15.88%
0.12%
8.11%
22.67%
10.14%
8.75%
Key characteristics
| VTMFX | VFIFX | |
|---|---|---|
| Sharpe Ratio | 2.99 | 2.07 |
| Sortino Ratio | 4.22 | 2.93 |
| Omega Ratio | 1.58 | 1.39 |
| Calmar Ratio | 4.92 | 3.25 |
| Martin Ratio | 18.90 | 13.28 |
| Ulcer Index | 0.97% | 1.73% |
| Daily Std Dev | 6.13% | 11.13% |
| Max Drawdown | -28.49% | -51.68% |
| Current Drawdown | -0.30% | -1.32% |
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VTMFX vs. VFIFX - Expense Ratio Comparison
VTMFX has a 0.09% expense ratio, which is higher than VFIFX's 0.08% 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%.
Correlation
The correlation between VTMFX and VFIFX is 0.96, 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.
Risk-Adjusted Performance
VTMFX vs. VFIFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX) and Vanguard Target Retirement 2050 Fund (VFIFX). 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
VTMFX vs. VFIFX - Dividend Comparison
VTMFX's dividend yield for the trailing twelve months is around 2.00%, more than VFIFX's 1.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTMFX Vanguard Tax-Managed Balanced Fund Admiral Shares | 2.00% | 1.94% | 1.85% | 1.38% | 1.73% | 2.06% | 2.22% | 2.00% | 2.13% | 2.06% | 2.00% | 2.06% |
VFIFX Vanguard Target Retirement 2050 Fund | 1.91% | 2.21% | 2.13% | 2.19% | 1.63% | 2.20% | 2.43% | 1.89% | 1.93% | 2.05% | 2.01% | 1.84% |
Drawdowns
VTMFX vs. VFIFX - Drawdown Comparison
The maximum VTMFX drawdown since its inception was -28.49%, smaller than the maximum VFIFX drawdown of -51.68%. Use the drawdown chart below to compare losses from any high point for VTMFX and VFIFX. For additional features, visit the drawdowns tool.
Volatility
VTMFX vs. VFIFX - Volatility Comparison
The current volatility for Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX) is 1.88%, while Vanguard Target Retirement 2050 Fund (VFIFX) has a volatility of 2.85%. This indicates that VTMFX experiences smaller price fluctuations and is considered to be less risky than VFIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.