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:
2.12
VOO:
2.25
VTMFX:
2.93
VOO:
2.98
VTMFX:
1.40
VOO:
1.42
VTMFX:
3.61
VOO:
3.31
VTMFX:
13.25
VOO:
14.77
VTMFX:
1.02%
VOO:
1.90%
VTMFX:
6.33%
VOO:
12.46%
VTMFX:
-28.49%
VOO:
-33.99%
VTMFX:
-2.34%
VOO:
-2.47%
Returns By Period
In the year-to-date period, VTMFX achieves a 12.46% return, which is significantly lower than VOO's 26.02% return. Over the past 10 years, VTMFX has underperformed VOO with an annualized return of 7.44%, while VOO has yielded a comparatively higher 13.08% annualized return.
VTMFX
12.46%
-0.50%
5.09%
12.76%
7.83%
7.44%
VOO
26.02%
-0.11%
9.35%
26.45%
14.79%
13.08%
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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 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 1.54%, more than VOO's 0.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTMFX Vanguard Tax-Managed Balanced Fund Admiral Shares | 1.54% | 1.94% | 1.85% | 1.38% | 1.73% | 2.06% | 2.22% | 2.00% | 2.13% | 2.06% | 2.00% | 2.06% |
VOO Vanguard S&P 500 ETF | 0.91% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
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 2.21%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.75%. 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.