PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
VTWNX vs. VTINX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

VTWNX vs. VTINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Target Retirement 2020 Fund (VTWNX) and Vanguard Target Retirement Income Fund (VTINX). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%JuneJulyAugustSeptemberOctoberNovember
5.40%
5.00%
VTWNX
VTINX

Returns By Period

In the year-to-date period, VTWNX achieves a 8.10% return, which is significantly higher than VTINX's 7.03% return. Over the past 10 years, VTWNX has outperformed VTINX with an annualized return of 5.59%, while VTINX has yielded a comparatively lower 4.21% annualized return.


VTWNX

YTD

8.10%

1M

-0.21%

6M

5.40%

1Y

13.23%

5Y (annualized)

5.31%

10Y (annualized)

5.59%

VTINX

YTD

7.03%

1M

-0.22%

6M

4.99%

1Y

11.58%

5Y (annualized)

3.94%

10Y (annualized)

4.21%

Key characteristics


VTWNXVTINX
Sharpe Ratio1.322.36
Sortino Ratio1.963.56
Omega Ratio1.381.45
Calmar Ratio1.601.44
Martin Ratio4.3113.80
Ulcer Index3.10%0.84%
Daily Std Dev10.13%4.94%
Max Drawdown-42.16%-19.96%
Current Drawdown-1.16%-1.30%

Compare stocks, funds, or ETFs

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


VTWNX vs. VTINX - Expense Ratio Comparison

Both VTWNX and VTINX have an expense ratio of 0.08%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


VTWNX
Vanguard Target Retirement 2020 Fund
Expense ratio chart for VTWNX: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%
Expense ratio chart for VTINX: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Correlation

-0.50.00.51.00.9

The correlation between VTWNX and VTINX is 0.92, 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

VTWNX vs. VTINX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2020 Fund (VTWNX) and Vanguard Target Retirement Income Fund (VTINX). 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 VTWNX, currently valued at 1.32, compared to the broader market-1.000.001.002.003.004.005.001.322.36
The chart of Sortino ratio for VTWNX, currently valued at 1.96, compared to the broader market0.005.0010.001.963.56
The chart of Omega ratio for VTWNX, currently valued at 1.38, compared to the broader market1.002.003.004.001.381.45
The chart of Calmar ratio for VTWNX, currently valued at 1.60, compared to the broader market0.005.0010.0015.0020.001.601.44
The chart of Martin ratio for VTWNX, currently valued at 4.31, compared to the broader market0.0020.0040.0060.0080.00100.004.3113.80
VTWNX
VTINX

The current VTWNX Sharpe Ratio is 1.32, which is lower than the VTINX Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of VTWNX and VTINX, 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 Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.32
2.36
VTWNX
VTINX

Dividends

VTWNX vs. VTINX - Dividend Comparison

VTWNX's dividend yield for the trailing twelve months is around 2.72%, less than VTINX's 3.27% yield.


TTM20232022202120202019201820172016201520142013
VTWNX
Vanguard Target Retirement 2020 Fund
2.72%2.94%2.58%2.54%1.62%2.43%2.60%2.01%1.99%2.18%1.90%1.79%
VTINX
Vanguard Target Retirement Income Fund
3.27%2.98%2.71%2.59%1.65%2.51%2.69%2.10%1.94%1.84%1.84%1.63%

Drawdowns

VTWNX vs. VTINX - Drawdown Comparison

The maximum VTWNX drawdown since its inception was -42.16%, which is greater than VTINX's maximum drawdown of -19.96%. Use the drawdown chart below to compare losses from any high point for VTWNX and VTINX. For additional features, visit the drawdowns tool.


-3.50%-3.00%-2.50%-2.00%-1.50%-1.00%-0.50%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.16%
-1.30%
VTWNX
VTINX

Volatility

VTWNX vs. VTINX - Volatility Comparison

Vanguard Target Retirement 2020 Fund (VTWNX) has a higher volatility of 1.35% compared to Vanguard Target Retirement Income Fund (VTINX) at 1.23%. This indicates that VTWNX's price experiences larger fluctuations and is considered to be riskier than VTINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%JuneJulyAugustSeptemberOctoberNovember
1.35%
1.23%
VTWNX
VTINX