VTWIX vs. SPY
Compare and contrast key facts about Vanguard Total World Stock Index Fund Institutional Shares (VTWIX) and SPDR S&P 500 ETF (SPY).
VTWIX is managed by Vanguard. It was launched on Oct 9, 2008. 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: VTWIX or SPY.
Correlation
The correlation between VTWIX and SPY is 0.95, 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
VTWIX vs. SPY - Performance Comparison
Key characteristics
VTWIX:
1.59
SPY:
2.21
VTWIX:
2.16
SPY:
2.93
VTWIX:
1.29
SPY:
1.41
VTWIX:
2.30
SPY:
3.26
VTWIX:
10.04
SPY:
14.43
VTWIX:
1.86%
SPY:
1.90%
VTWIX:
11.75%
SPY:
12.41%
VTWIX:
-49.82%
SPY:
-55.19%
VTWIX:
-4.15%
SPY:
-2.74%
Returns By Period
In the year-to-date period, VTWIX achieves a 16.16% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, VTWIX has underperformed SPY with an annualized return of 9.21%, while SPY has yielded a comparatively higher 12.97% annualized return.
VTWIX
16.16%
-1.68%
5.40%
17.03%
9.97%
9.21%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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VTWIX vs. SPY - Expense Ratio Comparison
VTWIX has a 0.08% expense ratio, which is lower than SPY's 0.09% 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
VTWIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total World Stock Index Fund Institutional Shares (VTWIX) 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
VTWIX vs. SPY - Dividend Comparison
VTWIX's dividend yield for the trailing twelve months is around 1.19%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTWIX Vanguard Total World Stock Index Fund Institutional Shares | 1.19% | 2.07% | 2.19% | 1.81% | 1.66% | 2.32% | 2.55% | 2.11% | 2.40% | 2.46% | 2.46% | 2.08% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
VTWIX vs. SPY - Drawdown Comparison
The maximum VTWIX drawdown since its inception was -49.82%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VTWIX and SPY. For additional features, visit the drawdowns tool.
Volatility
VTWIX vs. SPY - Volatility Comparison
The current volatility for Vanguard Total World Stock Index Fund Institutional Shares (VTWIX) is 3.38%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.72%. This indicates that VTWIX 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.