VXF vs. FZIPX
Compare and contrast key facts about Vanguard Extended Market ETF (VXF) and Fidelity ZERO Extended Market Index Fund (FZIPX).
VXF is a passively managed fund by Vanguard that tracks the performance of the S&P Completion Index. It was launched on Dec 27, 2001. FZIPX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VXF or FZIPX.
Key characteristics
| VXF | FZIPX | |
|---|---|---|
| YTD Return | 23.58% | 20.00% |
| 1Y Return | 46.04% | 41.21% |
| 3Y Return (Ann) | 1.80% | 3.54% |
| 5Y Return (Ann) | 12.22% | 11.44% |
| Sharpe Ratio | 2.60 | 2.32 |
| Sortino Ratio | 3.53 | 3.27 |
| Omega Ratio | 1.45 | 1.41 |
| Calmar Ratio | 1.68 | 1.95 |
| Martin Ratio | 15.22 | 12.99 |
| Ulcer Index | 3.14% | 3.30% |
| Daily Std Dev | 18.35% | 18.47% |
| Max Drawdown | -58.04% | -42.71% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between VXF and FZIPX is 0.97, 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
VXF vs. FZIPX - Performance Comparison
In the year-to-date period, VXF achieves a 23.58% return, which is significantly higher than FZIPX's 20.00% 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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VXF vs. FZIPX - Expense Ratio Comparison
VXF has a 0.06% expense ratio, which is higher than FZIPX's 0.00% 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%.
Risk-Adjusted Performance
VXF vs. FZIPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Extended Market ETF (VXF) and Fidelity ZERO Extended Market Index Fund (FZIPX). 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
VXF vs. FZIPX - Dividend Comparison
VXF's dividend yield for the trailing twelve months is around 1.08%, less than FZIPX's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VXF Vanguard Extended Market ETF | 1.08% | 1.27% | 1.15% | 1.13% | 1.07% | 1.30% | 1.66% | 1.25% | 1.43% | 1.35% | 1.32% | 1.14% |
FZIPX Fidelity ZERO Extended Market Index Fund | 1.19% | 1.43% | 1.64% | 1.23% | 1.24% | 1.26% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VXF vs. FZIPX - Drawdown Comparison
The maximum VXF drawdown since its inception was -58.04%, which is greater than FZIPX's maximum drawdown of -42.71%. Use the drawdown chart below to compare losses from any high point for VXF and FZIPX. For additional features, visit the drawdowns tool.
Volatility
VXF vs. FZIPX - Volatility Comparison
Vanguard Extended Market ETF (VXF) and Fidelity ZERO Extended Market Index Fund (FZIPX) have volatilities of 5.76% and 5.62%, 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.