VTSIX vs. SWSSX
Compare and contrast key facts about Vanguard Tax-Managed Small-Cap Fund Institutional Shares (VTSIX) and Schwab Small-Cap Index Fund-Select Shares (SWSSX).
VTSIX is managed by BlackRock. It was launched on Apr 21, 1999. SWSSX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 2000 Index. It was launched on May 19, 1997.
Performance
VTSIX vs. SWSSX - Performance Comparison
Loading graphics...
VTSIX vs. SWSSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTSIX Vanguard Tax-Managed Small-Cap Fund Institutional Shares | 3.69% | 5.96% | 8.64% | 15.99% | -16.14% | 27.12% | 11.09% | 23.30% | -8.59% | 13.08% |
SWSSX Schwab Small-Cap Index Fund-Select Shares | 0.90% | 12.88% | 11.57% | 17.07% | -20.43% | 14.77% | 20.12% | 25.63% | -11.19% | 14.76% |
Returns By Period
In the year-to-date period, VTSIX achieves a 3.69% return, which is significantly higher than SWSSX's 0.90% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: VTSIX at 9.87% and SWSSX at 9.87%.
VTSIX
- 1D
- 2.79%
- 1M
- -4.67%
- YTD
- 3.69%
- 6M
- 5.15%
- 1Y
- 20.34%
- 3Y*
- 10.54%
- 5Y*
- 4.20%
- 10Y*
- 9.87%
SWSSX
- 1D
- 3.48%
- 1M
- -5.84%
- YTD
- 0.90%
- 6M
- 2.87%
- 1Y
- 25.74%
- 3Y*
- 13.11%
- 5Y*
- 3.50%
- 10Y*
- 9.87%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VTSIX vs. SWSSX - Expense Ratio Comparison
VTSIX has a 0.06% expense ratio, which is higher than SWSSX'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%.
Return for Risk
VTSIX vs. SWSSX — Risk / Return Rank
VTSIX
SWSSX
VTSIX vs. SWSSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Tax-Managed Small-Cap Fund Institutional Shares (VTSIX) and Schwab Small-Cap Index Fund-Select Shares (SWSSX). 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.
| VTSIX | SWSSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.91 | 1.11 | -0.20 |
Sortino ratioReturn per unit of downside risk | 1.42 | 1.66 | -0.24 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.21 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.43 | 1.81 | -0.38 |
Martin ratioReturn relative to average drawdown | 5.81 | 6.78 | -0.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VTSIX | SWSSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 1.11 | -0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.16 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.41 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.34 | +0.09 |
Correlation
The correlation between VTSIX and SWSSX 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.
Dividends
VTSIX vs. SWSSX - Dividend Comparison
VTSIX's dividend yield for the trailing twelve months is around 1.32%, more than SWSSX's 1.28% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTSIX Vanguard Tax-Managed Small-Cap Fund Institutional Shares | 1.32% | 1.31% | 1.47% | 1.52% | 1.54% | 1.19% | 1.11% | 1.17% | 1.29% | 1.13% | 1.03% | 1.30% |
SWSSX Schwab Small-Cap Index Fund-Select Shares | 1.28% | 1.29% | 1.66% | 1.49% | 1.32% | 8.88% | 2.55% | 6.12% | 10.45% | 5.22% | 4.10% | 6.92% |
Drawdowns
VTSIX vs. SWSSX - Drawdown Comparison
The maximum VTSIX drawdown since its inception was -57.81%, roughly equal to the maximum SWSSX drawdown of -60.34%. Use the drawdown chart below to compare losses from any high point for VTSIX and SWSSX.
Loading graphics...
Drawdown Indicators
| VTSIX | SWSSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.81% | -60.34% | +2.53% |
Max Drawdown (1Y)Largest decline over 1 year | -14.85% | -13.90% | -0.95% |
Max Drawdown (5Y)Largest decline over 5 years | -27.92% | -31.93% | +4.01% |
Max Drawdown (10Y)Largest decline over 10 years | -43.86% | -41.81% | -2.05% |
Current DrawdownCurrent decline from peak | -5.68% | -7.91% | +2.23% |
Average DrawdownAverage peak-to-trough decline | -8.98% | -10.78% | +1.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.66% | 3.71% | -0.05% |
Volatility
VTSIX vs. SWSSX - Volatility Comparison
The current volatility for Vanguard Tax-Managed Small-Cap Fund Institutional Shares (VTSIX) is 6.25%, while Schwab Small-Cap Index Fund-Select Shares (SWSSX) has a volatility of 7.53%. This indicates that VTSIX experiences smaller price fluctuations and is considered to be less risky than SWSSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VTSIX | SWSSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.25% | 7.53% | -1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 13.03% | 14.53% | -1.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.70% | 23.31% | -0.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.58% | 22.62% | -1.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.11% | 24.05% | -0.94% |