WINC vs. VTIP
Compare and contrast key facts about Western Asset Short Duration Income ETF (WINC) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP).
WINC and VTIP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WINC is an actively managed fund by Franklin Templeton. It was launched on Feb 7, 2019. VTIP is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Oct 12, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WINC or VTIP.
Key characteristics
| WINC | VTIP | |
|---|---|---|
| YTD Return | 4.71% | 4.61% |
| 1Y Return | 8.16% | 7.15% |
| 3Y Return (Ann) | 0.96% | 2.24% |
| 5Y Return (Ann) | 2.18% | 3.56% |
| Sharpe Ratio | 3.52 | 3.19 |
| Sortino Ratio | 6.00 | 5.64 |
| Omega Ratio | 1.81 | 1.74 |
| Calmar Ratio | 1.48 | 4.00 |
| Martin Ratio | 28.18 | 26.90 |
| Ulcer Index | 0.29% | 0.26% |
| Daily Std Dev | 2.32% | 2.17% |
| Max Drawdown | -17.36% | -6.27% |
| Current Drawdown | -0.58% | -0.41% |
Correlation
The correlation between WINC and VTIP is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WINC vs. VTIP - Performance Comparison
The year-to-date returns for both stocks are quite close, with WINC having a 4.71% return and VTIP slightly lower at 4.61%. 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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WINC vs. VTIP - Expense Ratio Comparison
WINC has a 0.29% expense ratio, which is higher than VTIP's 0.04% expense ratio.
Risk-Adjusted Performance
WINC vs. VTIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset Short Duration Income ETF (WINC) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). 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
WINC vs. VTIP - Dividend Comparison
WINC's dividend yield for the trailing twelve months is around 4.80%, more than VTIP's 3.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WINC Western Asset Short Duration Income ETF | 4.80% | 4.35% | 2.49% | 1.96% | 3.90% | 3.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.38% | 3.36% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% | 0.05% |
Drawdowns
WINC vs. VTIP - Drawdown Comparison
The maximum WINC drawdown since its inception was -17.36%, which is greater than VTIP's maximum drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for WINC and VTIP. For additional features, visit the drawdowns tool.
Volatility
WINC vs. VTIP - Volatility Comparison
Western Asset Short Duration Income ETF (WINC) has a higher volatility of 0.65% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 0.43%. This indicates that WINC's price experiences larger fluctuations and is considered to be riskier than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.