^SP400 vs. VIOO
Compare and contrast key facts about S&P 400 (^SP400) and Vanguard S&P Small-Cap 600 ETF (VIOO).
VIOO is a passively managed fund by Vanguard that tracks the performance of the S&P SmallCap 600 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SP400 or VIOO.
Performance
^SP400 vs. VIOO - Performance Comparison
Returns By Period
In the year-to-date period, ^SP400 achieves a 18.17% return, which is significantly higher than VIOO's 14.79% return. Over the past 10 years, ^SP400 has underperformed VIOO with an annualized return of 8.52%, while VIOO has yielded a comparatively higher 9.72% annualized return.
^SP400
18.17%
4.56%
11.35%
28.94%
10.63%
8.52%
VIOO
14.79%
6.51%
14.93%
29.97%
10.69%
9.72%
Key characteristics
| ^SP400 | VIOO | |
|---|---|---|
| Sharpe Ratio | 1.86 | 1.54 |
| Sortino Ratio | 2.63 | 2.27 |
| Omega Ratio | 1.32 | 1.27 |
| Calmar Ratio | 2.33 | 1.71 |
| Martin Ratio | 10.35 | 8.56 |
| Ulcer Index | 2.87% | 3.58% |
| Daily Std Dev | 15.94% | 19.97% |
| Max Drawdown | -56.32% | -44.15% |
| Current Drawdown | -1.17% | -2.58% |
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Correlation
The correlation between ^SP400 and VIOO is 0.93, 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.
Risk-Adjusted Performance
^SP400 vs. VIOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 400 (^SP400) and Vanguard S&P Small-Cap 600 ETF (VIOO). 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.
Drawdowns
^SP400 vs. VIOO - Drawdown Comparison
The maximum ^SP400 drawdown since its inception was -56.32%, which is greater than VIOO's maximum drawdown of -44.15%. Use the drawdown chart below to compare losses from any high point for ^SP400 and VIOO. For additional features, visit the drawdowns tool.
Volatility
^SP400 vs. VIOO - Volatility Comparison
The current volatility for S&P 400 (^SP400) is 5.42%, while Vanguard S&P Small-Cap 600 ETF (VIOO) has a volatility of 7.55%. This indicates that ^SP400 experiences smaller price fluctuations and is considered to be less risky than VIOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.