VTWNX vs. VTINX
Compare and contrast key facts about Vanguard Target Retirement 2020 Fund (VTWNX) and Vanguard Target Retirement Income Fund (VTINX).
VTWNX is managed by Vanguard. It was launched on Jun 7, 2006. VTINX is managed by Vanguard. It was launched on Oct 27, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTWNX or VTINX.
Key characteristics
| VTWNX | VTINX | |
|---|---|---|
| YTD Return | 8.88% | 7.73% |
| 1Y Return | 16.65% | 14.55% |
| 3Y Return (Ann) | 1.63% | 1.25% |
| 5Y Return (Ann) | 5.55% | 4.16% |
| 10Y Return (Ann) | 5.77% | 4.33% |
| Sharpe Ratio | 1.69 | 2.96 |
| Sortino Ratio | 2.47 | 4.60 |
| Omega Ratio | 1.49 | 1.59 |
| Calmar Ratio | 1.67 | 1.54 |
| Martin Ratio | 5.56 | 18.59 |
| Ulcer Index | 3.10% | 0.81% |
| Daily Std Dev | 10.22% | 5.07% |
| Max Drawdown | -42.16% | -19.96% |
| Current Drawdown | -0.44% | -0.65% |
Correlation
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.
Performance
VTWNX vs. VTINX - Performance Comparison
In the year-to-date period, VTWNX achieves a 8.88% return, which is significantly higher than VTINX's 7.73% return. Over the past 10 years, VTWNX has outperformed VTINX with an annualized return of 5.77%, while VTINX has yielded a comparatively lower 4.33% annualized return. 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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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%.
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.
Dividends
VTWNX vs. VTINX - Dividend Comparison
VTWNX's dividend yield for the trailing twelve months is around 2.70%, less than VTINX's 3.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTWNX Vanguard Target Retirement 2020 Fund | 2.70% | 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 | 3.25% | 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.
Volatility
VTWNX vs. VTINX - Volatility Comparison
Vanguard Target Retirement 2020 Fund (VTWNX) has a higher volatility of 1.37% compared to Vanguard Target Retirement Income Fund (VTINX) at 1.25%. 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.