VIPIX vs VWO
Vanguard Inflation Protected Securities Fund Insti Shs vs Vanguard FTSE Emerging Markets ETF
Quick Verdict
VWO has a lower expense ratio. VWO delivered stronger 1-year returns. VWO offers more diversification with 6,334 holdings.
Side-by-Side Comparison
| Metric | VIPIX | VWO | Winner |
|---|---|---|---|
| Expense Ratio | 0.07% | 0.06% | |
| AUM | $12.4B | $122.0B | |
| Dividend Yield | 5.21% | 2.39% | |
| Holdings | 63 | 6,334 | |
| YTD Return | -0.53% | +10.18% | |
| 1Y Return | -2.52% | +20.99% | |
| 3Y Return (annualized) | +0.00% | +18.45% | |
| 5Y Return (annualized) | -4.69% | +7.14% | |
| Volatility (annualized) | 6.7% | 20.1% | |
| Max Drawdown | -24.5% | -68.3% | |
| Fund Family | Vanguard (US) | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Dec 12, 2003 | Mar 4, 2005 |
VIPIX vs VWO Performance
Vanguard Inflation Protected Securities Fund Insti Shs (VIPIX) is a mutual fund from Vanguard (US) and Vanguard FTSE Emerging Markets ETF (VWO) is a ETF from Vanguard (US). Over the past year VIPIX returned -2.52% while VWO returned +20.99%. Year to date, VIPIX is down 0.53% versus a gain of 10.18% for VWO.
Over three years, VIPIX compounded at +0.00% per year against +18.45% for VWO; over five years the annualized figures are -4.69% and +7.14% respectively. Across the full 5-year window we track, VWO has the edge at +4.98% annualized vs -4.69%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VWO has been the more volatile fund, with annualized monthly volatility of 20.1% 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 -68.3% for VWO. 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 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
VIPIX charges 0.07% per year while VWO charges 0.06%. On a $10,000 position that is $7 vs $6 annually, a gap of $1 per year that compounds over a long holding period. On income, VIPIX currently yields 5.21% against 2.39% for VWO.
Holdings Overlap
VIPIX and VWO share 0 holdings out of 4039 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 VWO?
VIPIX has an expense ratio of 0.07% while VWO charges 0.06%. VWO is the cheaper option. On a $10,000 investment, that is $1 per year of difference.
Which performed better, VIPIX or VWO?
Over the past year VIPIX returned -2.52% vs +20.99% for VWO, so VWO leads on 1-year performance. Over the longest common window we track (5 years), VIPIX annualized -4.69% vs +4.98% for VWO. Past performance does not guarantee future results.
Which is riskier, VIPIX or VWO?
VWO has been the more volatile fund at 20.1% annualized versus 6.7% for VIPIX. Worst drawdown: VIPIX -24.5% vs VWO -68.3%.
Should I hold both VIPIX and VWO?
VIPIX and VWO have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between VIPIX and VWO?
VIPIX and VWO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 4039 unique securities.
Which pays a higher dividend, VIPIX or VWO?
VIPIX yields 5.21% while VWO yields 2.39%, so VIPIX currently pays the higher dividend yield.
Popular Fund Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.