WAYFX vs. VSMPX

Last updated Aug 1, 2026

WAYFX (Waycross Focused Core Equity Fund) and VSMPX (Vanguard Total Stock Market Index Fund Institutional Plus Shares) are both Large Cap Blend Equities funds. Over the past 5 years, WAYFX returned 11.61%/yr vs 11.63%/yr for VSMPX. Their 0.95 correlation means they have historically moved very closely together. WAYFX charges 0.89%/yr vs 0.02%/yr for VSMPX.

Performance

WAYFX vs. VSMPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Waycross Focused Core Equity Fund (WAYFX) and Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WAYFX achieves a 3.02% return, which is significantly lower than VSMPX's 9.88% return.

WAYFX

• 1D: 1.74%
• 1M: -0.49%
• 6M: 1.89%
• YTD: 3.02%
• 1Y: 13.05%
• 3Y*: 16.97%
• 5Y*: 11.61%
• 10Y*: —
• ALL TIME*: 14.14%

VSMPX

• 1D: 1.63%
• 1M: -0.78%
• 6M: 8.16%
• YTD: 9.88%
• 1Y: 21.12%
• 3Y*: 18.60%
• 5Y*: 11.63%
• 10Y*: 14.49%
• ALL TIME*: 14.62%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
VSMPX Vanguard Total Stock Market Index Fund Institutional Plus Shares	$0.00	$0.00	$0.00
WAYFX Waycross Focused Core Equity Fund	$0.00	$0.00	$0.00

WAYFX vs. VSMPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
WAYFX Waycross Focused Core Equity Fund	3.02%	18.35%	25.10%	33.43%	-19.68%	26.33%	1.59%
VSMPX Vanguard Total Stock Market Index Fund Institutional Plus Shares	9.88%	17.15%	23.26%	26.53%	-19.50%	25.74%	1.27%

Correlation

The correlation between WAYFX and VSMPX is 0.92, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.92
Correlation (3Y) Balances recent behavior with more history.	0.94
Correlation (5Y) Shows whether the relationship held over a longer period.	0.96
Correlation (All Time) Calculated using the full available price history since Dec 22, 2020	0.95

The correlation between WAYFX and VSMPX has been stable across timeframes, ranging from 0.92 to 0.96 - a consistent structural relationship.

Return for Risk

WAYFX vs. VSMPX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WAYFX

WAYFX Risk / Return Rank: 17
WAYFX Sharpe Ratio Rank: 17
WAYFX Sortino Ratio Rank: 17
WAYFX Omega Ratio Rank: 16
WAYFX Calmar Ratio Rank: 15
WAYFX Martin Ratio Rank: 20

VSMPX

VSMPX Risk / Return Rank: 64
VSMPX Sharpe Ratio Rank: 61
VSMPX Sortino Ratio Rank: 58
VSMPX Omega Ratio Rank: 57
VSMPX Calmar Ratio Rank: 66
VSMPX Martin Ratio Rank: 78

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WAYFX vs. VSMPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Waycross Focused Core Equity Fund (WAYFX) and Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	WAYFX	VSMPX	Difference
Sharpe ratio: Return per unit of total volatility	0.70	1.43	-0.73
Sortino ratio: Return per unit of downside risk	1.08	2.01	-0.92
Omega ratio: Gain probability vs. loss probability	1.13	1.26	-0.13
Calmar ratio: Return relative to maximum drawdown	0.81	2.10	-1.30
Martin ratio: Return relative to average drawdown	3.06	9.09	-6.04

WAYFX vs. VSMPX - Sharpe Ratio Comparison

The current WAYFX Sharpe Ratio is 0.70, which is lower than the VSMPX Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of WAYFX and VSMPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WAYFX vs. VSMPX - Drawdown Comparison

The maximum WAYFX drawdown since its inception was -29.62%, smaller than the maximum VSMPX drawdown of -34.97%. Use the drawdown chart below to compare losses from any high point for WAYFX and VSMPX.

Drawdown Indicators

	WAYFX	VSMPX	Difference
Max Drawdown Largest peak-to-trough decline	-29.62%	-34.97%	+5.35%
Max Drawdown (1Y) Largest decline over 1 year	-13.19%	-8.92%	-4.27%
Max Drawdown (3Y) Largest decline over 3 years	-21.07%	-19.36%	-1.71%
Max Drawdown (5Y) Largest decline over 5 years	-29.62%	-25.35%	-4.27%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.97%	—
Current Drawdown Current decline from peak	-1.68%	-1.89%	+0.21%
Average Drawdown Average peak-to-trough decline	-6.13%	-4.55%	-1.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.48%	2.06%	+1.42%

Volatility

WAYFX vs. VSMPX - Volatility Comparison

Waycross Focused Core Equity Fund (WAYFX) has a higher volatility of 4.82% compared to Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX) at 3.41%. This indicates that WAYFX's price experiences larger fluctuations and is considered to be riskier than VSMPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WAYFX	VSMPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.82%	3.41%	+1.41%
Volatility (6M) Calculated over the trailing 6-month period	11.96%	10.27%	+1.69%
Volatility (1Y) Calculated over the trailing 1-year period	15.17%	13.13%	+2.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.06%	17.47%	+1.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.67%	18.41%	+0.26%

WAYFX vs. VSMPX - Expense Ratio Comparison

WAYFX has a 0.89% expense ratio, which is higher than VSMPX's 0.02% expense ratio.

Dividends

WAYFX vs. VSMPX - Dividend Comparison

WAYFX's dividend yield for the trailing twelve months is around 1.02%, less than VSMPX's 1.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
VSMPX Vanguard Total Stock Market Index Fund Institutional Plus Shares	1.07%	1.13%	1.27%	1.43%	1.67%	1.22%	1.43%	1.78%	2.05%	1.73%	1.95%
WAYFX Waycross Focused Core Equity Fund	1.02%	1.06%	0.29%	0.61%	0.47%	0.59%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WAYFX and VSMPX in my portfolio?

With a correlation of 0.92, WAYFX and VSMPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, WAYFX or VSMPX?

WAYFX has higher volatility (4.82%) compared to VSMPX (3.41%). In terms of maximum drawdown, WAYFX dropped -29.62% vs VSMPX's -34.97%.

Which has better risk-adjusted returns?

VSMPX currently has the higher Sharpe Ratio (1.43 vs 0.70), 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.