VTMFX vs. VOO
Compare and contrast key facts about Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX) and Vanguard S&P 500 ETF (VOO).
VTMFX is managed by Blackrock. It was launched on Sep 6, 1994. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTMFX or VOO.
Correlation
The correlation between VTMFX and VOO is 0.98, 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.
Performance
VTMFX vs. VOO - Performance Comparison
Key characteristics
VTMFX:
1.90
VOO:
1.88
VTMFX:
2.64
VOO:
2.53
VTMFX:
1.35
VOO:
1.35
VTMFX:
3.30
VOO:
2.81
VTMFX:
10.35
VOO:
11.78
VTMFX:
1.19%
VOO:
2.02%
VTMFX:
6.46%
VOO:
12.67%
VTMFX:
-28.49%
VOO:
-33.99%
VTMFX:
-0.05%
VOO:
0.00%
Returns By Period
In the year-to-date period, VTMFX achieves a 2.61% return, which is significantly lower than VOO's 4.61% return. Over the past 10 years, VTMFX has underperformed VOO with an annualized return of 7.59%, while VOO has yielded a comparatively higher 13.30% annualized return.
VTMFX
2.61%
1.58%
5.17%
12.90%
7.68%
7.59%
VOO
4.61%
2.59%
10.08%
25.10%
14.79%
13.30%
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VTMFX vs. VOO - Expense Ratio Comparison
VTMFX has a 0.09% 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%.
Risk-Adjusted Performance
VTMFX vs. VOO — Risk-Adjusted Performance Rank
VTMFX
VOO
VTMFX vs. VOO - 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 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.
Dividends
VTMFX vs. VOO - Dividend Comparison
VTMFX's dividend yield for the trailing twelve months is around 2.03%, more than VOO's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTMFX Vanguard Tax-Managed Balanced Fund Admiral Shares | 2.03% | 2.08% | 1.94% | 1.85% | 1.38% | 1.73% | 2.06% | 2.22% | 2.00% | 2.13% | 2.06% | 2.00% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
VTMFX vs. VOO - Drawdown Comparison
The maximum VTMFX drawdown since its inception was -28.49%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VTMFX and VOO. For additional features, visit the drawdowns tool.
Volatility
VTMFX vs. VOO - Volatility Comparison
The current volatility for Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX) is 1.61%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.01%. This indicates that VTMFX 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.