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VTSPX vs. VBTIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


VTSPXVBTIX
YTD Return4.39%1.37%
1Y Return5.92%6.68%
3Y Return (Ann)1.95%-2.39%
5Y Return (Ann)3.42%-0.27%
10Y Return (Ann)2.35%1.36%
Sharpe Ratio3.111.36
Sortino Ratio5.162.02
Omega Ratio1.691.24
Calmar Ratio4.530.51
Martin Ratio23.804.66
Ulcer Index0.27%1.68%
Daily Std Dev2.04%5.79%
Max Drawdown-5.35%-19.01%
Current Drawdown-0.67%-9.20%

Correlation

-0.50.00.51.00.6

The correlation between VTSPX and VBTIX 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. VBTIX - Performance Comparison

In the year-to-date period, VTSPX achieves a 4.39% return, which is significantly higher than VBTIX's 1.37% return. Over the past 10 years, VTSPX has outperformed VBTIX with an annualized return of 2.35%, while VBTIX has yielded a comparatively lower 1.36% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-2.00%0.00%2.00%4.00%6.00%JuneJulyAugustSeptemberOctoberNovember
2.86%
2.40%
VTSPX
VBTIX

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VTSPX vs. VBTIX - Expense Ratio Comparison

VTSPX has a 0.04% expense ratio, which is higher than VBTIX'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%.


VTSPX
Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares
Expense ratio chart for VTSPX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%
Expense ratio chart for VBTIX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

VTSPX vs. VBTIX - 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 Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX). 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.


VTSPX
Sharpe ratio
The chart of Sharpe ratio for VTSPX, currently valued at 3.11, compared to the broader market0.002.004.003.11
Sortino ratio
The chart of Sortino ratio for VTSPX, currently valued at 5.16, compared to the broader market0.005.0010.005.16
Omega ratio
The chart of Omega ratio for VTSPX, currently valued at 1.69, compared to the broader market1.002.003.004.001.69
Calmar ratio
The chart of Calmar ratio for VTSPX, currently valued at 4.53, compared to the broader market0.005.0010.0015.0020.004.53
Martin ratio
The chart of Martin ratio for VTSPX, currently valued at 23.80, compared to the broader market0.0020.0040.0060.0080.00100.0023.80
VBTIX
Sharpe ratio
The chart of Sharpe ratio for VBTIX, currently valued at 1.35, compared to the broader market0.002.004.001.36
Sortino ratio
The chart of Sortino ratio for VBTIX, currently valued at 2.02, compared to the broader market0.005.0010.002.02
Omega ratio
The chart of Omega ratio for VBTIX, currently valued at 1.24, compared to the broader market1.002.003.004.001.24
Calmar ratio
The chart of Calmar ratio for VBTIX, currently valued at 0.51, compared to the broader market0.005.0010.0015.0020.000.51
Martin ratio
The chart of Martin ratio for VBTIX, currently valued at 4.66, compared to the broader market0.0020.0040.0060.0080.00100.004.66

VTSPX vs. VBTIX - Sharpe Ratio Comparison

The current VTSPX Sharpe Ratio is 3.11, which is higher than the VBTIX Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of VTSPX and VBTIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
3.11
1.36
VTSPX
VBTIX

Dividends

VTSPX vs. VBTIX - Dividend Comparison

VTSPX's dividend yield for the trailing twelve months is around 2.91%, less than VBTIX's 3.61% yield.


TTM20232022202120202019201820172016201520142013
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%
VBTIX
Vanguard Total Bond Market Index Fund Institutional Shares
3.61%3.12%2.54%1.91%2.25%2.74%2.78%2.53%2.49%2.51%2.57%2.56%

Drawdowns

VTSPX vs. VBTIX - Drawdown Comparison

The maximum VTSPX drawdown since its inception was -5.35%, smaller than the maximum VBTIX drawdown of -19.01%. Use the drawdown chart below to compare losses from any high point for VTSPX and VBTIX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.67%
-9.20%
VTSPX
VBTIX

Volatility

VTSPX vs. VBTIX - Volatility Comparison

The current volatility for Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX) is 0.50%, while Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) has a volatility of 1.66%. This indicates that VTSPX experiences smaller price fluctuations and is considered to be less risky than VBTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%JuneJulyAugustSeptemberOctoberNovember
0.50%
1.66%
VTSPX
VBTIX