VTSIX vs. VGT
Compare and contrast key facts about Vanguard Tax-Managed Small-Cap Fund Institutional Shares (VTSIX) and Vanguard Information Technology ETF (VGT).
VTSIX is managed by BlackRock. It was launched on Apr 21, 1999. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Mar 25, 2004.
Performance
VTSIX vs. VGT - Performance Comparison
Loading graphics...
VTSIX vs. VGT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTSIX Vanguard Tax-Managed Small-Cap Fund Institutional Shares | 0.88% | 5.96% | 8.64% | 15.99% | -16.14% | 27.12% | 11.09% | 23.30% | -8.59% | 13.08% |
VGT Vanguard Information Technology ETF | -7.34% | 21.77% | 29.30% | 52.66% | -29.70% | 30.45% | 46.04% | 48.62% | 2.46% | 37.08% |
Returns By Period
In the year-to-date period, VTSIX achieves a 0.88% return, which is significantly higher than VGT's -7.34% return. Over the past 10 years, VTSIX has underperformed VGT with an annualized return of 9.56%, while VGT has yielded a comparatively higher 21.35% annualized return.
VTSIX
- 1D
- -0.72%
- 1M
- -6.66%
- YTD
- 0.88%
- 6M
- 2.55%
- 1Y
- 17.36%
- 3Y*
- 9.53%
- 5Y*
- 3.96%
- 10Y*
- 9.56%
VGT
- 1D
- 4.34%
- 1M
- -3.89%
- YTD
- -7.34%
- 6M
- -6.36%
- 1Y
- 29.19%
- 3Y*
- 22.58%
- 5Y*
- 14.54%
- 10Y*
- 21.35%
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. VGT - Expense Ratio Comparison
VTSIX has a 0.06% expense ratio, which is lower than VGT's 0.09% expense ratio. Despite the difference, 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. VGT — Risk / Return Rank
VTSIX
VGT
VTSIX vs. VGT - 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 Vanguard Information Technology ETF (VGT). 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 | VGT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.80 | 1.08 | -0.28 |
Sortino ratioReturn per unit of downside risk | 1.26 | 1.65 | -0.38 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.23 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.04 | 1.77 | -0.73 |
Martin ratioReturn relative to average drawdown | 4.24 | 5.47 | -1.23 |
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 | VGT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.80 | 1.08 | -0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.58 | -0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 0.88 | -0.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.61 | -0.18 |
Correlation
The correlation between VTSIX and VGT is 0.73, 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. VGT - Dividend Comparison
VTSIX's dividend yield for the trailing twelve months is around 1.36%, more than VGT's 0.44% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTSIX Vanguard Tax-Managed Small-Cap Fund Institutional Shares | 1.36% | 1.31% | 1.47% | 1.52% | 1.54% | 1.19% | 1.11% | 1.17% | 1.29% | 1.13% | 1.03% | 1.30% |
VGT Vanguard Information Technology ETF | 0.44% | 0.40% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% |
Drawdowns
VTSIX vs. VGT - Drawdown Comparison
The maximum VTSIX drawdown since its inception was -57.81%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for VTSIX and VGT.
Loading graphics...
Drawdown Indicators
| VTSIX | VGT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.81% | -54.63% | -3.18% |
Max Drawdown (1Y)Largest decline over 1 year | -14.85% | -16.40% | +1.55% |
Max Drawdown (5Y)Largest decline over 5 years | -27.92% | -35.07% | +7.15% |
Max Drawdown (10Y)Largest decline over 10 years | -43.86% | -35.07% | -8.79% |
Current DrawdownCurrent decline from peak | -8.24% | -12.77% | +4.53% |
Average DrawdownAverage peak-to-trough decline | -8.98% | -8.00% | -0.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.64% | 5.30% | -1.66% |
Volatility
VTSIX vs. VGT - Volatility Comparison
The current volatility for Vanguard Tax-Managed Small-Cap Fund Institutional Shares (VTSIX) is 5.51%, while Vanguard Information Technology ETF (VGT) has a volatility of 7.99%. This indicates that VTSIX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VTSIX | VGT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.51% | 7.99% | -2.48% |
Volatility (6M)Calculated over the trailing 6-month period | 12.75% | 16.31% | -3.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.59% | 27.24% | -4.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.54% | 25.07% | -3.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.09% | 24.48% | -1.39% |