VWNEX vs. BSPIX
VWNEX (Vanguard Windsor Fund Admiral Shares) and BSPIX (iShares S&P 500 Index Fund Institutional Class) are both mutual funds - VWNEX is a Large Cap Value Equities fund managed by Vanguard, while BSPIX is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, VWNEX returned 11.87%/yr vs 15.46%/yr for BSPIX. Their correlation of 0.86 suggests significant overlap in exposure. VWNEX charges 0.20%/yr vs 0.10%/yr for BSPIX.
Performance
VWNEX vs. BSPIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VWNEX achieves a 7.41% return, which is significantly lower than BSPIX's 11.65% return. Over the past 10 years, VWNEX has underperformed BSPIX with an annualized return of 11.87%, while BSPIX has yielded a comparatively higher 15.46% annualized return.
VWNEX
- 1D
- 0.16%
- 1M
- 3.35%
- YTD
- 7.41%
- 6M
- 8.93%
- 1Y
- 21.54%
- 3Y*
- 14.32%
- 5Y*
- 9.32%
- 10Y*
- 11.87%
BSPIX
- 1D
- 0.13%
- 1M
- 5.79%
- YTD
- 11.65%
- 6M
- 11.68%
- 1Y
- 28.84%
- 3Y*
- 22.63%
- 5Y*
- 14.17%
- 10Y*
- 15.46%
VWNEX vs. BSPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VWNEX Vanguard Windsor Fund Admiral Shares | 7.41% | 13.40% | 9.64% | 15.11% | -3.05% | 27.92% | 7.45% | 30.53% | -12.39% | 18.19% |
BSPIX iShares S&P 500 Index Fund Institutional Class | 11.65% | 17.75% | 24.85% | 26.17% | -18.20% | 28.55% | 18.35% | 31.35% | -4.87% | 21.20% |
Correlation
The correlation between VWNEX and BSPIX is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2014 | 0.86 |
The correlation between VWNEX and BSPIX shifts across timeframes, from 0.73 (3 years) to 0.86 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VWNEX vs. BSPIX — Risk / Return Rank
VWNEX
BSPIX
VWNEX vs. BSPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Windsor Fund Admiral Shares (VWNEX) and iShares S&P 500 Index Fund Institutional Class (BSPIX). 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.
| VWNEX | BSPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.66 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.46 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.87 | 3.34 | -0.47 |
| Martin ratioReturn relative to average drawdown | 10.17 | 15.58 | -5.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| VWNEX | BSPIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.85 | 2.51 | -0.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.84 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.86 | -0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.81 | -0.39 |
Drawdowns
VWNEX vs. BSPIX - Drawdown Comparison
The maximum VWNEX drawdown since its inception was -61.41%, which is greater than BSPIX's maximum drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for VWNEX and BSPIX.
Loading charts...
Drawdown Indicators
| VWNEX | BSPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.41% | -33.75% | -27.66% |
Max Drawdown (1Y)Largest decline over 1 year | -7.89% | -8.91% | +1.02% |
Max Drawdown (3Y)Largest decline over 3 years | -21.72% | -18.74% | -2.98% |
Max Drawdown (5Y)Largest decline over 5 years | -21.72% | -24.55% | +2.83% |
Max Drawdown (10Y)Largest decline over 10 years | -40.12% | -33.75% | -6.37% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -9.85% | -3.93% | -5.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.22% | 1.90% | +0.32% |
Volatility
VWNEX vs. BSPIX - Volatility Comparison
Vanguard Windsor Fund Admiral Shares (VWNEX) and iShares S&P 500 Index Fund Institutional Class (BSPIX) have volatilities of 2.92% and 2.83%, 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.
Loading charts...
Volatility by Period
| VWNEX | BSPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.92% | 2.83% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 8.83% | 8.97% | -0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.27% | 11.85% | +0.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.32% | 16.88% | +0.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.64% | 18.03% | +1.61% |
VWNEX vs. BSPIX - Expense Ratio Comparison
VWNEX has a 0.20% expense ratio, which is higher than BSPIX's 0.10% 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
VWNEX vs. BSPIX - Dividend Comparison
VWNEX's dividend yield for the trailing twelve months is around 7.35%, more than BSPIX's 1.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSPIX iShares S&P 500 Index Fund Institutional Class | 1.50% | 1.66% | 1.35% | 1.44% | 1.94% | 1.76% | 1.60% | 1.92% | 1.94% | 1.57% | 2.30% | 2.42% |
VWNEX Vanguard Windsor Fund Admiral Shares | 7.35% | 7.90% | 12.60% | 8.34% | 15.50% | 11.57% | 8.47% | 10.36% | 13.30% | 3.56% | 4.99% | 8.62% |
Frequently Asked Questions
VWNEX and BSPIX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VWNEX has higher volatility (2.92%) compared to BSPIX (2.83%). In terms of maximum drawdown, VWNEX dropped -61.41% vs BSPIX's -33.75%.
BSPIX currently has the higher Sharpe Ratio (2.51 vs 1.85), 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.
Find the right allocation for VWNEX and BSPIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer