VIPIX vs VOO
Vanguard Inflation Protected Securities Fund Insti Shs vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | VIPIX | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.07% | 0.03% | |
| AUM | $12.4B | $997.4B | |
| Dividend Yield | 5.21% | 1.08% | |
| Holdings | 63 | 509 | |
| YTD Return | -0.96% | +13.20% | |
| 1Y Return | -2.73% | +21.62% | |
| 3Y Return (annualized) | -0.14% | +22.16% | |
| 5Y Return (annualized) | -4.72% | +13.42% | |
| Volatility (annualized) | 6.7% | 14.1% | |
| Max Drawdown | -24.5% | -34.3% | |
| Fund Family | Vanguard (US) | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Dec 12, 2003 | Sep 7, 2010 |
VIPIX vs VOO Performance
Vanguard Inflation Protected Securities Fund Insti Shs (VIPIX) is a mutual fund from Vanguard (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year VIPIX returned -2.73% while VOO returned +21.62%. Year to date, VIPIX is down 0.96% versus a gain of 13.20% for VOO.
Over three years, VIPIX compounded at -0.14% per year against +22.16% for VOO; over five years the annualized figures are -4.72% and +13.42% respectively. Across the full 5-year window we track, VOO has the edge at +13.51% annualized vs -4.72%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% 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 -24.5% for VIPIX and -34.3% for VOO. 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
VIPIX charges 0.07% per year while VOO charges 0.03%. On a $10,000 position that is $7 vs $3 annually, a gap of $4 per year that compounds over a long holding period. On income, VIPIX currently yields 5.21% against 1.08% for VOO.
Holdings Overlap
VIPIX and VOO share 0 holdings out of 560 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, VIPIX or VOO?
VIPIX has an expense ratio of 0.07% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, VIPIX or VOO?
Over the past year VIPIX returned -2.73% vs +21.62% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (5 years), VIPIX annualized -4.72% vs +13.51% for VOO. Past performance does not guarantee future results.
Which is riskier, VIPIX or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 6.7% for VIPIX. Worst drawdown: VIPIX -24.5% vs VOO -34.3%.
Should I hold both VIPIX and VOO?
VIPIX and VOO have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between VIPIX and VOO?
VIPIX and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 560 unique securities.
Which pays a higher dividend, VIPIX or VOO?
VIPIX yields 5.21% while VOO yields 1.08%, so VIPIX currently pays the higher dividend yield.
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