VTTSX vs. BWBIX

Last updated Jun 4, 2026

VTTSX (Vanguard Target Retirement 2060 Fund) and BWBIX (Baron WealthBuilder Fund) are both Diversified Portfolio funds. Over the past 5 years, VTTSX returned 10.37%/yr vs 4.59%/yr for BWBIX. Their correlation of 0.89 suggests significant overlap in exposure. VTTSX charges 0.08%/yr vs 0.05%/yr for BWBIX.

Performance

VTTSX vs. BWBIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Target Retirement 2060 Fund (VTTSX) and Baron WealthBuilder Fund (BWBIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VTTSX achieves a 12.17% return, which is significantly higher than BWBIX's 0.74% return.

VTTSX

• 1D: 0.35%
• 1M: 5.18%
• YTD: 12.17%
• 6M: 13.10%
• 1Y: 28.27%
• 3Y*: 19.70%
• 5Y*: 10.37%
• 10Y*: 11.95%

BWBIX

• 1D: -1.04%
• 1M: 4.14%
• YTD: 0.74%
• 6M: 5.76%
• 1Y: 11.63%
• 3Y*: 13.94%
• 5Y*: 4.59%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VTTSX vs. BWBIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
VTTSX Vanguard Target Retirement 2060 Fund	12.17%	21.43%	14.61%	20.19%	-17.48%	16.45%	16.33%	26.18%	-10.63%
BWBIX Baron WealthBuilder Fund	0.74%	10.23%	19.62%	25.77%	-32.58%	14.76%	62.85%	36.41%	-12.02%

Correlation

The correlation between VTTSX and BWBIX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since May 22, 2018	0.89

The correlation between VTTSX and BWBIX has been stable across timeframes, ranging from 0.79 to 0.89 - a consistent structural relationship.

Return for Risk

VTTSX vs. BWBIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VTTSX

VTTSX Risk / Return Rank: 71
VTTSX Sharpe Ratio Rank: 75
VTTSX Sortino Ratio Rank: 69
VTTSX Omega Ratio Rank: 67
VTTSX Calmar Ratio Rank: 69
VTTSX Martin Ratio Rank: 75

BWBIX

BWBIX Risk / Return Rank: 11
BWBIX Sharpe Ratio Rank: 11
BWBIX Sortino Ratio Rank: 12
BWBIX Omega Ratio Rank: 11
BWBIX Calmar Ratio Rank: 11
BWBIX Martin Ratio Rank: 12

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VTTSX vs. BWBIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2060 Fund (VTTSX) and Baron WealthBuilder Fund (BWBIX). 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.

	VTTSX	BWBIX	Difference
Sharpe ratio: Return per unit of total volatility	2.51	0.85	+1.66
Sortino ratio: Return per unit of downside risk	3.46	1.37	+2.10
Omega ratio: Gain probability vs. loss probability	1.46	1.16	+0.30
Calmar ratio: Return relative to maximum drawdown	3.21	1.05	+2.16
Martin ratio: Return relative to average drawdown	14.23	3.47	+10.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VTTSX vs. BWBIX - Sharpe Ratio Comparison

The current VTTSX Sharpe Ratio is 2.51, which is higher than the BWBIX Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of VTTSX and BWBIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VTTSX	BWBIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	0.85	+1.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	0.22	+0.52
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.79	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	0.53	+0.26

Drawdowns

VTTSX vs. BWBIX - Drawdown Comparison

The maximum VTTSX drawdown since its inception was -31.38%, smaller than the maximum BWBIX drawdown of -39.14%. Use the drawdown chart below to compare losses from any high point for VTTSX and BWBIX.

Drawdown Indicators

	VTTSX	BWBIX	Difference
Max Drawdown Largest peak-to-trough decline	-31.38%	-39.14%	+7.76%
Max Drawdown (1Y) Largest decline over 1 year	-8.93%	-11.65%	+2.72%
Max Drawdown (3Y) Largest decline over 3 years	-14.51%	-21.59%	+7.08%
Max Drawdown (5Y) Largest decline over 5 years	-25.40%	-39.14%	+13.74%
Max Drawdown (10Y) Largest decline over 10 years	-31.38%	—	—
Current Drawdown Current decline from peak	0.00%	-1.26%	+1.26%
Average Drawdown Average peak-to-trough decline	-4.04%	-11.72%	+7.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	3.53%	-1.52%

Volatility

VTTSX vs. BWBIX - Volatility Comparison

Vanguard Target Retirement 2060 Fund (VTTSX) and Baron WealthBuilder Fund (BWBIX) have volatilities of 3.36% and 3.38%, 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.

Volatility by Period

	VTTSX	BWBIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.36%	3.38%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	9.08%	10.99%	-1.91%
Volatility (1Y) Calculated over the trailing 1-year period	11.42%	14.36%	-2.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.18%	21.08%	-6.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.10%	23.14%	-8.04%

VTTSX vs. BWBIX - Expense Ratio Comparison

VTTSX has a 0.08% expense ratio, which is higher than BWBIX's 0.05% 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%.

Dividends

VTTSX vs. BWBIX - Dividend Comparison

VTTSX's dividend yield for the trailing twelve months is around 1.83%, less than BWBIX's 7.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BWBIX Baron WealthBuilder Fund	7.55%	7.61%	0.77%	0.06%	3.21%	3.75%	1.24%	3.51%	0.14%	0.00%	0.00%	0.00%
VTTSX Vanguard Target Retirement 2060 Fund	1.83%	2.06%	2.20%	2.14%	2.09%	5.67%	1.83%	2.11%	2.33%	1.77%	1.98%	1.92%

Frequently Asked Questions

Can I hold both VTTSX and BWBIX in my portfolio?

VTTSX and BWBIX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VTTSX or BWBIX?

BWBIX has higher volatility (3.38%) compared to VTTSX (3.36%). In terms of maximum drawdown, VTTSX dropped -31.38% vs BWBIX's -39.14%.

Which has better risk-adjusted returns?

VTTSX currently has the higher Sharpe Ratio (2.51 vs 0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.