VTWAX vs. SPY
Compare and contrast key facts about Vanguard Total World Stock Index Fund Admiral Shares (VTWAX) and SPDR S&P 500 ETF (SPY).
VTWAX is managed by Vanguard. It was launched on Feb 7, 2019. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTWAX or SPY.
Performance
VTWAX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, VTWAX achieves a 18.13% return, which is significantly lower than SPY's 26.08% return.
VTWAX
18.13%
0.33%
8.90%
24.92%
11.17%
N/A
SPY
26.08%
1.77%
13.59%
32.24%
15.62%
13.10%
Key characteristics
| VTWAX | SPY | |
|---|---|---|
| Sharpe Ratio | 2.19 | 2.70 |
| Sortino Ratio | 2.98 | 3.60 |
| Omega Ratio | 1.39 | 1.50 |
| Calmar Ratio | 3.14 | 3.90 |
| Martin Ratio | 14.07 | 17.52 |
| Ulcer Index | 1.80% | 1.87% |
| Daily Std Dev | 11.56% | 12.14% |
| Max Drawdown | -34.20% | -55.19% |
| Current Drawdown | -1.32% | -0.85% |
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VTWAX vs. SPY - Expense Ratio Comparison
VTWAX has a 0.10% expense ratio, which is higher than SPY's 0.09% 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%.
Correlation
The correlation between VTWAX and SPY is 0.96, 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.
Risk-Adjusted Performance
VTWAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total World Stock Index Fund Admiral Shares (VTWAX) and SPDR S&P 500 ETF (SPY). 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
VTWAX vs. SPY - Dividend Comparison
VTWAX's dividend yield for the trailing twelve months is around 1.82%, more than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTWAX Vanguard Total World Stock Index Fund Admiral Shares | 1.82% | 2.06% | 2.16% | 1.79% | 1.64% | 2.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
VTWAX vs. SPY - Drawdown Comparison
The maximum VTWAX drawdown since its inception was -34.20%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VTWAX and SPY. For additional features, visit the drawdowns tool.
Volatility
VTWAX vs. SPY - Volatility Comparison
The current volatility for Vanguard Total World Stock Index Fund Admiral Shares (VTWAX) is 3.17%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.98%. This indicates that VTWAX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.