VTSPX vs. SCHZ
Compare and contrast key facts about Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX) and Schwab U.S. Aggregate Bond ETF (SCHZ).
VTSPX is managed by Vanguard. It was launched on Oct 17, 2012. SCHZ is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Aggregate. It was launched on Jul 14, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTSPX or SCHZ.
Key characteristics
| VTSPX | SCHZ | |
|---|---|---|
| YTD Return | 4.34% | 3.53% |
| 1Y Return | 6.28% | 10.28% |
| 3Y Return (Ann) | 1.93% | -0.62% |
| 5Y Return (Ann) | 3.40% | 1.48% |
| 10Y Return (Ann) | 2.35% | 2.86% |
| Sharpe Ratio | 3.13 | 1.67 |
| Sortino Ratio | 5.20 | 2.52 |
| Omega Ratio | 1.70 | 1.30 |
| Calmar Ratio | 4.08 | 0.84 |
| Martin Ratio | 24.29 | 6.97 |
| Ulcer Index | 0.26% | 1.47% |
| Daily Std Dev | 2.04% | 6.13% |
| Max Drawdown | -5.35% | -16.93% |
| Current Drawdown | -0.71% | -3.38% |
Correlation
The correlation between VTSPX and SCHZ is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VTSPX vs. SCHZ - Performance Comparison
In the year-to-date period, VTSPX achieves a 4.34% return, which is significantly higher than SCHZ's 3.53% return. Over the past 10 years, VTSPX has underperformed SCHZ with an annualized return of 2.35%, while SCHZ has yielded a comparatively higher 2.86% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VTSPX vs. SCHZ - Expense Ratio Comparison
Both VTSPX and SCHZ have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VTSPX vs. SCHZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX) and Schwab U.S. Aggregate Bond ETF (SCHZ). 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
VTSPX vs. SCHZ - Dividend Comparison
VTSPX's dividend yield for the trailing twelve months is around 2.91%, less than SCHZ's 6.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTSPX Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares | 2.91% | 2.86% | 6.84% | 4.69% | 1.21% | 1.96% | 2.47% | 1.52% | 0.80% | 0.00% | 0.85% | 0.06% |
SCHZ Schwab U.S. Aggregate Bond ETF | 6.12% | 4.66% | 3.49% | 2.69% | 3.86% | 4.18% | 4.18% | 4.20% | 3.52% | 3.53% | 3.21% | 3.53% |
Drawdowns
VTSPX vs. SCHZ - Drawdown Comparison
The maximum VTSPX drawdown since its inception was -5.35%, smaller than the maximum SCHZ drawdown of -16.93%. Use the drawdown chart below to compare losses from any high point for VTSPX and SCHZ. For additional features, visit the drawdowns tool.
Volatility
VTSPX vs. SCHZ - Volatility Comparison
The current volatility for Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX) is 0.49%, while Schwab U.S. Aggregate Bond ETF (SCHZ) has a volatility of 1.70%. This indicates that VTSPX experiences smaller price fluctuations and is considered to be less risky than SCHZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.