VIOO vs ICVT

Comparison between VANGUARD S&P SMALL-CAP 600 INDEX FUND ETF SHARES (VIOO, ETF) and ISHARES CONVERTIBLE BOND ETF (ICVT, ETF).

5-Year PerformanceICVT has outperformed VIOO, delivering a return of +7.0% compared to +5.8%

VIOO vs ICVT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VIOO(ETF)	ICVT(ETF)
Net Assets	$5.20B	$5.30B
Expense Ratio	0.07%	0.20%
Max Drawdown	45.59%	38.15%
Sharpe Ratio	1.66	2.22
5Y Beta	1.03	0.57
P/E Ratio	36.65	N/A
Forward P/E	15.32	N/A
5Y Dividends CAGR	27.55%	-14.14%
5Y EPS CAGR	14.93%	N/A
P/S Ratio	1.18	N/A
P/B Ratio	1.99	N/A

Net Assets

VIOO

$5.20B

Winner

ICVT

$5.30B

Expense Ratio

Winner

VIOO

0.07%

ICVT

0.20%

Max Drawdown

VIOO

45.59%

Winner

ICVT

38.15%

Sharpe Ratio

VIOO

1.66

Winner

ICVT

2.22

5Y Beta

VIOO

1.03

Winner

ICVT

0.57

P/E Ratio

VIOO

36.65

ICVT

N/A

Forward P/E

VIOO

15.32

ICVT

N/A

5Y Dividends CAGR

Winner

VIOO

27.55%

ICVT

-14.14%

5Y EPS CAGR

VIOO

14.93%

ICVT

N/A

P/S Ratio

VIOO

1.18

ICVT

N/A

P/B Ratio

VIOO

1.99

ICVT

N/A

VIOO vs ICVT - Historical Returns

Returns include dividend reinvestment.

Period	VIOO	ICVT
1 month	+6.55%	+8.84%
3 months	+4.97%	+11.42%
6 months	+18.08%	+15.74%
1 year	+35.48%	+37.59%
5 years(CAGR)	+5.82%	+6.99%
10 years(CAGR)	+11.04%	+13.67%
Max(CAGR)	+12.27%	+11.61%

VIOO

+6.55%

Winner

ICVT

+8.84%

VIOO

+4.97%

Winner

ICVT

+11.42%

Winner

VIOO

+18.08%

ICVT

+15.74%

VIOO

+35.48%

Winner

ICVT

+37.59%

5Y(CAGR)

VIOO

+5.82%

Winner

ICVT

+6.99%

10Y(CAGR)

VIOO

+11.04%

Winner

ICVT

+13.67%

Max(CAGR)

Winner

VIOO

+12.27%

ICVT

+11.61%

VIOO vs ICVT - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	VIOO	ICVT
2026	+14.11%	+17.27%
2025	+6.22%	+18.03%
2024	+9.10%	+11.71%
2023	+16.41%	+15.59%
2022	-17.13%	-20.76%
2021	+27.98%	-0.63%
2020	+11.35%	+59.30%
2019	+22.12%	+22.39%
2018	-9.21%	-1.05%
2017	+12.68%	+15.43%
2016	+29.98%	+11.50%
2015	-1.50%	-6.03%
2014	+6.90%	N/A
2013	+38.40%	N/A
2012	+14.42%	N/A
2011	-0.74%	N/A
2010	+23.43%	N/A

VIOO vs ICVT Drawdown Comparison

The maximum drawdown for VIOO was -44.15%, occurring on Mar 23, 2020. Recovery took 562 trading sessions.

The maximum drawdown for ICVT was -33.15%, occurring on Jun 16, 2022. Recovery took 1145 trading sessions.

The current VIOO drawdown is -0.40%. The current ICVT drawdown is -1.29%.

Rank	VIOO	ICVT
#1	-44.15% Aug 31, 2018 - Nov 24, 2020	-33.15% Feb 12, 2021 - Sep 5, 2025
#2	-27.93% Nov 25, 2024 - Dec 11, 2025	-32.18% Feb 19, 2020 - Jun 5, 2020
#3	-26.52% Nov 8, 2021 - Jul 16, 2024	-18.52% Jun 23, 2015 - Oct 10, 2016
#4	-24.95% Jul 8, 2011 - Feb 3, 2012	-13.86% Aug 29, 2018 - Feb 25, 2019
#5	-20.00% Jun 23, 2015 - Jul 11, 2016	-8.63% Sep 1, 2020 - Oct 9, 2020
#6	-12.46% Mar 26, 2012 - Sep 6, 2012	-7.55% Nov 3, 2025 - Jan 16, 2026
#7	-11.72% Jul 1, 2014 - Dec 23, 2014	-6.75% Jan 26, 2018 - Mar 8, 2018
#8	-10.47% Sep 14, 2012 - Jan 2, 2013	-6.55% Jul 24, 2019 - Nov 25, 2019
#9	-9.88% Jun 8, 2021 - Nov 1, 2021	-6.17% Jan 28, 2026 - Apr 8, 2026
#10	-9.33% Mar 12, 2021 - Jun 7, 2021	-5.84% Mar 12, 2018 - May 30, 2018
#11	-9.10% Jul 31, 2024 - Oct 16, 2024	-5.49% May 3, 2019 - Jul 1, 2019
#12	-8.77% Feb 10, 2026 - Apr 14, 2026	-4.87% Jun 8, 2020 - Jun 17, 2020
#13	-8.73% Jan 26, 2018 - May 9, 2018	-4.66% Oct 13, 2020 - Nov 5, 2020
#14	-8.49% Apr 28, 2011 - Jul 8, 2011	-4.43% Jun 20, 2018 - Aug 28, 2018
#15	-7.93% Sep 7, 2016 - Nov 11, 2016	-3.78% Jan 25, 2021 - Feb 2, 2021

Correlation

Correlation between VIOO and ICVT is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2010 - 2026)

VIOO vs ICVT dividend yield comparison.

Year	VIOO	ICVT
2026	0.00%	0.42%
2025	1.36%	1.73%
2024	1.48%	2.19%
2023	1.47%	1.85%
2022	1.51%	1.93%
2021	1.16%	7.70%
2020	1.09%	3.98%
2019	1.37%	1.86%
2018	1.32%	4.82%
2017	1.11%	2.56%
2016	1.06%	3.06%
2015	1.26%	1.57%
2014	1.06%	0.00%
2013	0.86%	0.00%
2012	1.45%	0.00%
2011	0.77%	0.00%
2010	1.16%	0.00%