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

Correlation

The correlation between VTSPX and VTAPX is 0.97, 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.


-0.50.00.51.01.0

Performance

VTSPX vs. VTAPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX) and Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX). The values are adjusted to include any dividend payments, if applicable.

-0.50%0.00%0.50%1.00%1.50%2.00%2.50%3.00%JulyAugustSeptemberOctoberNovemberDecember
2.31%
2.30%
VTSPX
VTAPX

Key characteristics

Sharpe Ratio

VTSPX:

2.51

VTAPX:

2.51

Sortino Ratio

VTSPX:

3.75

VTAPX:

3.74

Omega Ratio

VTSPX:

1.51

VTAPX:

1.52

Calmar Ratio

VTSPX:

5.70

VTAPX:

5.63

Martin Ratio

VTSPX:

15.53

VTAPX:

15.56

Ulcer Index

VTSPX:

0.29%

VTAPX:

0.29%

Daily Std Dev

VTSPX:

1.80%

VTAPX:

1.79%

Max Drawdown

VTSPX:

-5.35%

VTAPX:

-5.33%

Current Drawdown

VTSPX:

-0.55%

VTAPX:

-0.55%

Returns By Period

The year-to-date returns for both stocks are quite close, with VTSPX having a 4.51% return and VTAPX slightly lower at 4.50%. Both investments have delivered pretty close results over the past 10 years, with VTSPX having a 2.53% annualized return and VTAPX not far behind at 2.51%.


VTSPX

YTD

4.51%

1M

-0.04%

6M

2.35%

1Y

4.51%

5Y*

3.33%

10Y*

2.53%

VTAPX

YTD

4.50%

1M

-0.08%

6M

2.34%

1Y

4.50%

5Y*

3.32%

10Y*

2.51%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VTSPX vs. VTAPX - Expense Ratio Comparison

VTSPX has a 0.04% expense ratio, which is lower than VTAPX's 0.06% 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%.


VTAPX
Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares
Expense ratio chart for VTAPX: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%
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%

Risk-Adjusted Performance

VTSPX vs. VTAPX - 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 Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX). 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.


Sharpe ratio
The chart of Sharpe ratio for VTSPX, currently valued at 2.51, compared to the broader market-1.000.001.002.003.004.002.512.51
The chart of Sortino ratio for VTSPX, currently valued at 3.75, compared to the broader market-2.000.002.004.006.008.0010.003.753.74
The chart of Omega ratio for VTSPX, currently valued at 1.51, compared to the broader market0.501.001.502.002.503.003.501.511.52
The chart of Calmar ratio for VTSPX, currently valued at 5.70, compared to the broader market0.002.004.006.008.0010.0012.0014.005.705.63
The chart of Martin ratio for VTSPX, currently valued at 15.53, compared to the broader market0.0020.0040.0060.0015.5315.56
VTSPX
VTAPX

The current VTSPX Sharpe Ratio is 2.51, which is comparable to the VTAPX Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of VTSPX and VTAPX, 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 Ratio2.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
2.51
2.51
VTSPX
VTAPX

Dividends

VTSPX vs. VTAPX - Dividend Comparison

VTSPX's dividend yield for the trailing twelve months is around 1.60%, more than VTAPX's 1.58% yield.


TTM20232022202120202019201820172016201520142013
VTSPX
Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares
1.60%2.86%6.84%4.69%1.21%1.96%2.47%1.52%0.80%0.00%0.85%0.06%
VTAPX
Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares
1.58%2.84%6.82%4.68%1.19%1.94%2.45%1.52%0.76%0.00%0.82%0.06%

Drawdowns

VTSPX vs. VTAPX - Drawdown Comparison

The maximum VTSPX drawdown since its inception was -5.35%, roughly equal to the maximum VTAPX drawdown of -5.33%. Use the drawdown chart below to compare losses from any high point for VTSPX and VTAPX. For additional features, visit the drawdowns tool.


-0.80%-0.60%-0.40%-0.20%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.55%
-0.55%
VTSPX
VTAPX

Volatility

VTSPX vs. VTAPX - Volatility Comparison

Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX) and Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) have volatilities of 0.44% and 0.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


0.30%0.40%0.50%0.60%0.70%JulyAugustSeptemberOctoberNovemberDecember
0.44%
0.43%
VTSPX
VTAPX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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