VTMSX vs. VFIAX
Compare and contrast key facts about Vanguard Tax-Managed Small-Cap Fund Admiral Shares (VTMSX) and Vanguard 500 Index Fund Admiral Shares (VFIAX).
VTMSX is managed by Blackrock. It was launched on Mar 25, 1999. VFIAX is managed by Vanguard. It was launched on Nov 13, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTMSX or VFIAX.
Performance
VTMSX vs. VFIAX - Performance Comparison
Returns By Period
In the year-to-date period, VTMSX achieves a 12.63% return, which is significantly lower than VFIAX's 24.51% return. Over the past 10 years, VTMSX has underperformed VFIAX with an annualized return of 9.65%, while VFIAX has yielded a comparatively higher 13.11% annualized return.
VTMSX
12.63%
1.61%
10.20%
28.44%
10.01%
9.65%
VFIAX
24.51%
0.57%
11.39%
31.98%
15.26%
13.11%
Key characteristics
| VTMSX | VFIAX | |
|---|---|---|
| Sharpe Ratio | 1.32 | 2.63 |
| Sortino Ratio | 1.99 | 3.51 |
| Omega Ratio | 1.23 | 1.49 |
| Calmar Ratio | 1.45 | 3.81 |
| Martin Ratio | 7.56 | 17.18 |
| Ulcer Index | 3.50% | 1.87% |
| Daily Std Dev | 20.10% | 12.25% |
| Max Drawdown | -57.84% | -55.20% |
| Current Drawdown | -4.44% | -2.14% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VTMSX vs. VFIAX - Expense Ratio Comparison
VTMSX has a 0.09% expense ratio, which is higher than VFIAX'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%.
Correlation
The correlation between VTMSX and VFIAX is 0.85, 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
VTMSX vs. VFIAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Tax-Managed Small-Cap Fund Admiral Shares (VTMSX) and Vanguard 500 Index Fund Admiral Shares (VFIAX). 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
VTMSX vs. VFIAX - Dividend Comparison
VTMSX's dividend yield for the trailing twelve months is around 1.49%, more than VFIAX's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTMSX Vanguard Tax-Managed Small-Cap Fund Admiral Shares | 1.49% | 1.50% | 1.51% | 1.16% | 1.09% | 1.15% | 1.26% | 1.11% | 1.01% | 1.26% | 0.99% | 0.92% |
VFIAX Vanguard 500 Index Fund Admiral Shares | 1.25% | 1.45% | 1.68% | 1.24% | 1.53% | 1.87% | 2.05% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
VTMSX vs. VFIAX - Drawdown Comparison
The maximum VTMSX drawdown since its inception was -57.84%, roughly equal to the maximum VFIAX drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for VTMSX and VFIAX. For additional features, visit the drawdowns tool.
Volatility
VTMSX vs. VFIAX - Volatility Comparison
Vanguard Tax-Managed Small-Cap Fund Admiral Shares (VTMSX) has a higher volatility of 7.76% compared to Vanguard 500 Index Fund Admiral Shares (VFIAX) at 4.05%. This indicates that VTMSX's price experiences larger fluctuations and is considered to be riskier than VFIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.