VDIGX vs VIPIX
Vanguard Dividend Growth Fund Investor Class vs Vanguard Inflation Protected Securities Fund Insti Shs
Quick Verdict
VIPIX has a lower expense ratio. VIPIX delivered stronger 1-year returns. VIPIX offers more diversification with 55 holdings.
Side-by-Side Comparison
| Metric | VDIGX | VIPIX | Winner |
|---|---|---|---|
| Expense Ratio | 0.22% | 0.07% | |
| AUM | $36.4B | $12.5B | |
| Dividend Yield | 1.87% | 3.54% | |
| Holdings | 55 | 63 | |
| YTD Return | -0.12% | -1.07% | |
| 1Y Return | -8.96% | -3.24% | |
| 3Y Return (annualized) | -3.11% | -0.50% | |
| 5Y Return (annualized) | -2.91% | -4.77% | |
| Volatility (annualized) | 16.1% | 6.7% | |
| Max Drawdown | -32.6% | -24.5% | |
| Fund Family | Vanguard (US) | Vanguard (US) | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 1992 | Dec 12, 2003 |
VDIGX vs VIPIX Performance
Vanguard Dividend Growth Fund Investor Class (VDIGX) is a mutual fund from Vanguard (US) and Vanguard Inflation Protected Securities Fund Insti Shs (VIPIX) is a mutual fund from Vanguard (US). Over the past year VDIGX returned -8.96% while VIPIX returned -3.24%. Year to date, VDIGX is down 0.12% versus a loss of 1.07% for VIPIX.
Over three years, VDIGX compounded at -3.11% per year against -0.50% for VIPIX; over five years the annualized figures are -2.91% and -4.77% respectively. Across the full 5-year window we track, VDIGX has the edge at -2.91% annualized vs -4.77%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VDIGX has been the more volatile fund, with annualized monthly volatility of 16.1% compared with 6.7% for VIPIX. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -32.6% for VDIGX and -24.5% for VIPIX. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.64. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
VDIGX charges 0.22% per year while VIPIX charges 0.07%. On a $10,000 position that is $22 vs $7 annually, a gap of $15 per year that compounds over a long holding period. On income, VDIGX currently yields 1.87% against 3.54% for VIPIX.
Holdings Overlap
VDIGX and VIPIX share 0 holdings out of 102 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, VDIGX or VIPIX?
VDIGX has an expense ratio of 0.22% while VIPIX charges 0.07%. VIPIX is the cheaper option. On a $10,000 investment, that is $15 per year of difference.
Which performed better, VDIGX or VIPIX?
Over the past year VDIGX returned -8.96% vs -3.24% for VIPIX, so VIPIX leads on 1-year performance. Over the longest common window we track (5 years), VDIGX annualized -2.91% vs -4.77% for VIPIX. Past performance does not guarantee future results.
Which is riskier, VDIGX or VIPIX?
VDIGX has been the more volatile fund at 16.1% annualized versus 6.7% for VIPIX. Worst drawdown: VDIGX -32.6% vs VIPIX -24.5%.
Should I hold both VDIGX and VIPIX?
VDIGX and VIPIX have a monthly-return correlation of 0.64, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between VDIGX and VIPIX?
VDIGX and VIPIX share 0 common holdings with a 0.0% weight overlap. Combined, they hold 102 unique securities.
Which pays a higher dividend, VDIGX or VIPIX?
VDIGX yields 1.87% while VIPIX yields 3.54%, so VIPIX currently pays the higher dividend yield.
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