VTSPX vs. VTIPX
Compare and contrast key facts about Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX) and Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX).
VTSPX is managed by Vanguard. It was launched on Oct 17, 2012. VTIPX is managed by Vanguard. It was launched on Oct 16, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTSPX or VTIPX.
Key characteristics
| VTSPX | VTIPX | |
|---|---|---|
| YTD Return | 4.34% | 4.27% |
| 1Y Return | 6.28% | 6.17% |
| 3Y Return (Ann) | 1.93% | 1.84% |
| 5Y Return (Ann) | 3.40% | 3.30% |
| 10Y Return (Ann) | 2.35% | 2.24% |
| Sharpe Ratio | 3.13 | 3.14 |
| Sortino Ratio | 5.20 | 5.28 |
| Omega Ratio | 1.70 | 1.72 |
| Calmar Ratio | 4.08 | 3.66 |
| Martin Ratio | 24.29 | 24.49 |
| Ulcer Index | 0.26% | 0.26% |
| Daily Std Dev | 2.04% | 1.99% |
| Max Drawdown | -5.35% | -5.36% |
| Current Drawdown | -0.71% | -0.70% |
Correlation
The correlation between VTSPX and VTIPX 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.
Performance
VTSPX vs. VTIPX - Performance Comparison
The year-to-date returns for both stocks are quite close, with VTSPX having a 4.34% return and VTIPX slightly lower at 4.27%. Both investments have delivered pretty close results over the past 10 years, with VTSPX having a 2.35% annualized return and VTIPX not far behind at 2.24%. 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. VTIPX - Expense Ratio Comparison
VTSPX has a 0.04% expense ratio, which is lower than VTIPX's 0.14% 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%.
Risk-Adjusted Performance
VTSPX vs. VTIPX - 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 Investor Shares (VTIPX). 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. VTIPX - Dividend Comparison
VTSPX's dividend yield for the trailing twelve months is around 2.91%, more than VTIPX's 2.80% 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% |
VTIPX Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares | 2.80% | 2.76% | 6.74% | 4.59% | 1.11% | 1.88% | 2.38% | 1.50% | 0.55% | 0.00% | 0.72% | 0.02% |
Drawdowns
VTSPX vs. VTIPX - Drawdown Comparison
The maximum VTSPX drawdown since its inception was -5.35%, roughly equal to the maximum VTIPX drawdown of -5.36%. Use the drawdown chart below to compare losses from any high point for VTSPX and VTIPX. For additional features, visit the drawdowns tool.
Volatility
VTSPX vs. VTIPX - Volatility Comparison
Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX) has a higher volatility of 0.49% compared to Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX) at 0.44%. This indicates that VTSPX's price experiences larger fluctuations and is considered to be riskier than VTIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.