Finny logo
Dibs:
Dibs:
0

27 important things you should know about Vanguard VIIIX mutual fund

Updated: January 29, 2021
100
Bull Case
  • High net assets
  • 3-year return above the benchmark
  • 5-year return above the benchmark
  • 10-year return above the benchmark
  • 15-year return above the benchmark
  • Low expense ratio
  • No sales load or distribution fees
Bear Case
  • No Bear case arguments for now!

Before we start: if you’re looking for VIIIX “stock” price, you can quickly find it out by visiting Finny and typing "VIIIX quote". If you’re looking for a quick scoop on VIIIX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "VIIIX". You’ll get all this info in one place.

Are you looking to buy or sell VIIIX? Or perhaps you’re looking for VIIIX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this VIIIX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: VIIIX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: VIIIX buy or sell; the pros and cons of investing in VIIIX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to VIIIX.

And here is the list of questions we’ll answer:

  1. Describe Vanguard Institutional Index Fund: Vanguard Institutional Index Fund; Institutional Plus Shares (VIIIX).
  2. What are VIIIX holdings?
  3. What is VIIIX performance? What are VIIIX historical returns?
  4. How many up and down years did VIIIX have historically?
  5. What is VIIIX dividend yield?
  6. What is VIIIX minimum initial investment amount?
  7. What is VIIIX expense ratio?
  8. Does VIIIX have any sales loads or 12b-1 distribution expenses?
  9. What is VIIIX tax efficiency (tax-cost ratio)?
  10. What is VIIIX beta? How would you assess VIIIX risk?
  11. What is VIIIX Sharpe ratio?
  12. What is VIIIX Finny Score? VIIIX buy or sell?
  13. What are the pros of investing in VIIIX? What are VIIIX buy reasons?
  14. What are the cons of investing in VIIIX? What are VIIIX sell reasons?
  15. Compare and contrast: VIIIX vs VTSAX.
  16. Compare and contrast: VIIIX vs VFIAX.
  17. Compare and contrast: VIIIX vs VIGIX.
  18. Compare and contrast: VIIIX vs VOO.
  19. Compare and contrast: VIIIX vs VINIX.
  20. Compare and contrast: VIIIX vs VTI.
  21. Compare and contrast: VIIIX vs VSMPX.
  22. Compare and contrast: VIIIX vs VIMAX.
  23. Compare and contrast: VIIIX vs VIEIX.
  24. Compare and contrast: VIIIX vs SPY.
  25. Compare and contrast: VIIIX vs SSCQX.
  26. Compare and contrast: VIIIX vs FXAIX.

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe Vanguard Institutional Index Fund: Vanguard Institutional Index Fund; Institutional Plus Shares (VIIIX).

The Fund seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks. The Fund employs an indexing investment approach designed to track the performance of the Standard & Poors 500 Index by investing all of its assets in the stocks that make up the Index.

2. What are VIIIX top holdings?

VIIIX has 505 stock holdings and 1 bond holdings.

The top 10 holdings represent 28.19% of total assets. Here are the top holdings:

Name Symbol % Assets
Apple Inc AAPL 6.73%
Microsoft Corp MSFT 5.76%
Amazon.com Inc AMZN 4.85%
Facebook Inc A FB 2.28%
Alphabet Inc A GOOGL 1.59%
Alphabet Inc Class C GOOG 1.56%
Berkshire Hathaway Inc Class B BRK.B 1.53%
Johnson & Johnson JNJ 1.42%
Procter & Gamble Co PG 1.25%
Visa Inc Class A V 1.22%

3. What is VIIIX performance? What are VIIIX historical returns?

VIIIX has generated the following returns:

  • 1-month return is 4.21%;
  • 3-month return is 11.71%;
  • 1-year return is 11.71%;
  • 3-year return is 12.88%;
  • 5-year return is 17.79%;
  • 10-year return is 13.87%;
  • 15-year return is 9.99%.

4. How many up and down years did VIIIX have historically?

In the last 10 years, VIIIX had 8 up years and 1 down year.

VIIIX up and down years

5. What is VIIIX dividend yield?

VIIIX yield is 1.6%.

6. What is VIIIX minimum initial investment amount?

VIIIX minimum initial investment amount is $200.00M.

7. What is VIIIX expense ratio?

VIIIX expense ratio is 0.02%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

VIIIX expenses

8. Does VIIIX have any sales loads or 12b-1 distribution expenses?

VIIIX 12b-1 distribution fee is 0. VIIIX front-end sales load is 0. VIIIX back-end sales load is 0.

9. What is VIIIX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 0.87%;
  • 3-year ax cost ratio is 0.71%.
VIIIX tax costs

10. What is VIIIX beta? How would you assess VIIIX risk?

VIIIX Beta

11. What is VIIIX Sharpe ratio?

  • 3-year Sharpe ratio is 0.72;
  • 5-year Sharpe ratio is 0.93;
  • 10-year Sharpe ratio is 0.99;
  • 15-year Sharpe ratio is 0.62.
VIIIX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 100. Our quantitative analysis shows 7 reasons to buy and 0 reasons to sell it, resulting in the Finny Score of 100.

13. What are the pros of investing in VIIIX? What are VIIIX buy reasons?

The following are VIIIX strengths from our perspective:

  • VIIIX net assets are $142.17 billion. This fund is a popular choice with retail and institutional investors.
  • VIIIX 3-year return is 12.88%, which is in line with the 3-year return of the benchmark index (S&P 500 TR USD), 12.89%.
  • VIIIX 5-year return is 17.79%, which is in line with the 5-year return of the benchmark index (S&P 500 TR USD), 17.8%.
  • VIIIX 10-year return is 13.87%, which is in line with the 10-year return of the benchmark index (S&P 500 TR USD), 13.88%.
  • VIIIX 15-year return is 9.99%, which is higher than the 15-year return of the benchmark index (S&P 500 TR USD), 9.98%.
  • VIIIX expense ratio is 0.02%, which is considered low. Nice job picking a low-cost fund.
  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

14. What are the cons of investing in VIIIX? What are VIIIX negatives?

There are no visible red flags.

Alternatives

15. Compare and contrast: VIIIX vs VTSAX.

Both VIIIX and VTSAX are mutual funds. VIIIX has a lower 5-year return than VTSAX (17.79% vs 18.37%). VIIIX has a lower expense ratio than VTSAX (0.02% vs 0.04%). Below is the comparison between VIIIX and VTSAX.

VIIIX VTSAX
Segment U.S. Equity: Large Blend U.S. Equity: Large Blend
Net Assets $142.17B $273.62B
Expense Ratio 0.02% 0.04%
Management Style passive (index-based) passive (index-based)
Underlying Index N/A N/A
YTD Return 2.73% 3.48%
1-Year Return 11.71% 14.33%
3-Year Return 12.88% 13.57%
5-Year Return 17.79% 18.37%
10-Year Return 13.87% 13.9%
Dividend Yield 1.6% 1.41%

VTSAX profile: The Fund seeks to track the performance of a benchmark index that measures the investment return of the overall stock market. The Fund employs an indexing investment approach to track the performance of the CRSP US Total Market Index. The Fund invests by holding a collection of securities that approximates the Index.

For further information, check out VIIIX vs VTSAX comparison details.

16. Compare and contrast: VIIIX vs VFIAX.

Both VIIIX and VFIAX are mutual funds. VIIIX has a higher 5-year return than VFIAX (17.79% vs 17.77%). VIIIX has a lower expense ratio than VFIAX (0.02% vs 0.04%). Below is the comparison between VIIIX and VFIAX.

VIIIX VFIAX
Segment U.S. Equity: Large Blend U.S. Equity: Large Blend
Net Assets $142.17B $359.55B
Expense Ratio 0.02% 0.04%
Management Style passive (index-based) passive (index-based)
Underlying Index N/A N/A
YTD Return 2.73% 2.73%
1-Year Return 11.71% 11.7%
3-Year Return 12.88% 12.85%
5-Year Return 17.79% 17.77%
10-Year Return 13.87% 13.84%
Dividend Yield 1.6% 1.53%

VFIAX profile: The Fund seeks to track the performance of its benchmark index, the S&P 500. The Fund employs an indexing investment approach. The Fund attempts to replicate the target index by investing all of its assets in the stocks that make up the Index with the same approximate weightings as the Index.

For further information, check out VIIIX vs VFIAX comparison details.

17. Compare and contrast: VIIIX vs VIGIX.

Both VIIIX and VIGIX are mutual funds. VIIIX has a lower 5-year return than VIGIX (17.79% vs 23.1%). VIIIX has a lower expense ratio than VIGIX (0.02% vs 0.04%). Below is the comparison between VIIIX and VIGIX.

VIIIX VIGIX
Segment U.S. Equity: Large Blend U.S. Equity: Large Growth
Net Assets $142.17B $22.58B
Expense Ratio 0.02% 0.04%
Management Style passive (index-based) passive (index-based)
Underlying Index N/A N/A
YTD Return 2.73% 3.17%
1-Year Return 11.71% 11.8%
3-Year Return 12.88% 21.43%
5-Year Return 17.79% 23.1%
10-Year Return 13.87% 16.78%
Dividend Yield 1.6% 0.66%

VIGIX profile: The Fund seeks to track the performance of a benchmark index that measures the investment return of large-capitalization growth stocks. The Fund employs a "passive management"--or indexing--investment approach designed to track the performance of the MSCI US Prime Market Growth Index.

For further information, check out VIIIX vs VIGIX comparison details.

18. Compare and contrast: VIIIX vs VOO.

VIIIX is a mutual fund, whereas VOO is an ETF. VIIIX has a higher 5-year return than VOO (17.79% vs 17.3%). VIIIX has a lower expense ratio than VOO (0.02% vs 0.03%). Below is the comparison between VIIIX and VOO.

VIIIX VOO
Segment U.S. Equity: Large Blend Equity: U.S. - Large Cap
Net Assets $142.17B $177.99B
Expense Ratio 0.02% 0.03%
Management Style passive (index-based) passive (index-based)
Underlying Index N/A S&P 500
YTD Return 2.73% 2.39%
1-Year Return 11.71% 17.65%
3-Year Return 12.88% 12.79%
5-Year Return 17.79% 17.3%
10-Year Return 13.87% 13.86%
Dividend Yield 1.6% 1.54%

VOO profile: The Fund seeks to track the performance of its benchmark index, the S&P 500. The Fund employs an indexing investment approach. The Fund attempts to replicate the target index by investing all of its assets in the stocks that make up the Index with the same approximate weightings as the Index.

For further information, check out VIIIX vs VOO comparison details.

19. Compare and contrast: VIIIX vs VINIX.

Both VIIIX and VINIX are mutual funds. VIIIX has a higher 5-year return than VINIX (17.79% vs 17.78%). VIIIX has a lower expense ratio than VINIX (0.02% vs 0.04%). Below is the comparison between VIIIX and VINIX.

VIIIX VINIX
Segment U.S. Equity: Large Blend U.S. Equity: Large Blend
Net Assets $142.17B $119.01B
Expense Ratio 0.02% 0.04%
Management Style passive (index-based) passive (index-based)
Underlying Index N/A N/A
YTD Return 2.73% 2.72%
1-Year Return 11.71% 11.7%
3-Year Return 12.88% 12.87%
5-Year Return 17.79% 17.78%
10-Year Return 13.87% 13.85%
Dividend Yield 1.6% 1.59%

VINIX profile: The Fund seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks. The Fund employs an indexing investment approach designed to track the performance of the Standard & Poors 500 Index by investing all of its assets in the stocks that make up the Index.

For further information, check out VIIIX vs VINIX comparison details.

20. Compare and contrast: VIIIX vs VTI.

VIIIX is a mutual fund, whereas VTI is an ETF. VIIIX has a lower 5-year return than VTI (17.79% vs 17.92%). VIIIX has a lower expense ratio than VTI (0.02% vs 0.03%). Below is the comparison between VIIIX and VTI.

VIIIX VTI
Segment U.S. Equity: Large Blend Equity: U.S. - Total Market
Net Assets $142.17B $202.07B
Expense Ratio 0.02% 0.03%
Management Style passive (index-based) passive (index-based)
Underlying Index N/A CRSP US Total Market Index
YTD Return 2.73% 3.21%
1-Year Return 11.71% 21.29%
3-Year Return 12.88% 13.54%
5-Year Return 17.79% 17.92%
10-Year Return 13.87% 13.94%
Dividend Yield 1.6% 1.42%

VTI profile: The Fund seeks to track the performance of a benchmark index that measures the investment return of the overall stock market. The Fund employs an indexing investment approach to track the performance of the CRSP US Total Market Index. The Fund invests by holding a collection of securities that approximates the Index.

For further information, check out VIIIX vs VTI comparison details.

21. Compare and contrast: VIIIX vs VSMPX.

Both VIIIX and VSMPX are mutual funds. VIIIX has a lower 5-year return than VSMPX (17.79% vs 18.39%). VIIIX and VSMPX have the same expense ratio (0.02%). Below is the comparison between VIIIX and VSMPX.

VIIIX VSMPX
Segment U.S. Equity: Large Blend U.S. Equity: Large Blend
Net Assets $142.17B $226.29B
Expense Ratio 0.02% 0.02%
Management Style passive (index-based) passive (index-based)
Underlying Index N/A N/A
YTD Return 2.73% 3.49%
1-Year Return 11.71% 14.34%
3-Year Return 12.88% 13.59%
5-Year Return 17.79% 18.39%
10-Year Return 13.87% 13.74%
Dividend Yield 1.6% 1.43%

VSMPX profile: The Fund seeks to track the performance of a benchmark index that measures the investment return of the overall stock market. The Fund employs an indexing investment approach to track the performance of the CRSP US Total Market Index. The Fund invests by holding a collection of securities that approximates the Index.

For further information, check out VIIIX vs VSMPX comparison details.

22. Compare and contrast: VIIIX vs VIMAX.

Both VIIIX and VIMAX are mutual funds. VIIIX has a higher 5-year return than VIMAX (17.79% vs 16.53%). VIIIX has a lower expense ratio than VIMAX (0.02% vs 0.05%). Below is the comparison between VIIIX and VIMAX.

VIIIX VIMAX
Segment U.S. Equity: Large Blend U.S. Equity: Mid-Cap Blend
Net Assets $142.17B $53.30B
Expense Ratio 0.02% 0.05%
Management Style passive (index-based) passive (index-based)
Underlying Index N/A N/A
YTD Return 2.73% 3.21%
1-Year Return 11.71% 14.84%
3-Year Return 12.88% 11.31%
5-Year Return 17.79% 16.53%
10-Year Return 13.87% 12.57%
Dividend Yield 1.6% 1.44%

VIMAX profile: The Fund seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization stocks. The Fund employs a "passive management" approach designed to track the performance of the CRSP US Mid Cap Index, a broadly diversified index of stocks of medium-size U.S. companies.

For further information, check out VIIIX vs VIMAX comparison details.

23. Compare and contrast: VIIIX vs VIEIX.

Both VIIIX and VIEIX are mutual funds. VIIIX has a lower 5-year return than VIEIX (17.79% vs 20.68%). VIIIX has a lower expense ratio than VIEIX (0.02% vs 0.05%). Below is the comparison between VIIIX and VIEIX.

VIIIX VIEIX
Segment U.S. Equity: Large Blend U.S. Equity: Mid-Cap Blend
Net Assets $142.17B $18.66B
Expense Ratio 0.02% 0.05%
Management Style passive (index-based) passive (index-based)
Underlying Index N/A N/A
YTD Return 2.73% 7.13%
1-Year Return 11.71% 27.39%
3-Year Return 12.88% 16.2%
5-Year Return 17.79% 20.68%
10-Year Return 13.87% 13.9%
Dividend Yield 1.6% 1.08%

VIEIX profile: The Fund seeks to track the performance of a benchmark index that measures the investment return of small- and mid-capitalization stocks.

For further information, check out VIIIX vs VIEIX comparison details.

24. Compare and contrast: VIIIX vs SPY.

VIIIX is a mutual fund, whereas SPY is an ETF. VIIIX has a higher 5-year return than SPY (17.79% vs 17.23%). VIIIX has a lower expense ratio than SPY (0.02% vs 0.09%). Below is the comparison between VIIIX and SPY.

VIIIX SPY
Segment U.S. Equity: Large Blend Equity: U.S. - Large Cap
Net Assets $142.17B $329.02B
Expense Ratio 0.02% 0.09%
Management Style passive (index-based) passive (index-based)
Underlying Index N/A S&P 500
YTD Return 2.73% 2.41%
1-Year Return 11.71% 17.75%
3-Year Return 12.88% 12.75%
5-Year Return 17.79% 17.23%
10-Year Return 13.87% 13.8%
Dividend Yield 1.6% 1.52%

SPY profile: The Trust seeks investment results that, before expenses, generally correspond to the price and yield performance of the component common stocks of the S&P 500 Index.

For further information, check out VIIIX vs SPY comparison details.

25. Compare and contrast: VIIIX vs SSCQX.

Both VIIIX and SSCQX are mutual funds. VIIIX has a higher 5-year return than SSCQX (17.79% vs 14.88%). VIIIX has a lower expense ratio than SSCQX (0.02% vs 0.05%). Below is the comparison between VIIIX and SSCQX.

VIIIX SSCQX
Segment U.S. Equity: Large Blend
Net Assets $142.17B $1.08B
Expense Ratio 0.02% 0.05%
Management Style passive (index-based) N/A
Underlying Index N/A N/A
YTD Return 2.73% 2.86%
1-Year Return 11.71% 13.57%
3-Year Return 12.88% 10.27%
5-Year Return 17.79% 14.88%
10-Year Return 13.87% N/A
Dividend Yield 1.6% 1.59%

SSCQX profile: The Fund seeks capital growth and income over the long term. It is intended for investors expecting to retire around the year 2040 and likely to stop making new investments in the Fund at that time. It is designed for an investor who plans to withdraw the value of the investors account gradually following that date.

For further information, check out VIIIX vs SSCQX comparison details.

26. Compare and contrast: VIIIX vs FXAIX.

Both VIIIX and FXAIX are mutual funds. VIIIX and FXAIX have the same 5-year return (17.79%). VIIIX and FXAIX have the same expense ratio (0.02%). Below is the comparison between VIIIX and FXAIX.

VIIIX FXAIX
Segment U.S. Equity: Large Blend
Net Assets $142.17B $287.10B
Expense Ratio 0.02% 0.02%
Management Style passive (index-based) N/A
Underlying Index N/A N/A
YTD Return 2.73% 2.73%
1-Year Return 11.71% 11.7%
3-Year Return 12.88% 12.88%
5-Year Return 17.79% 17.79%
10-Year Return 13.87% 13.83%
Dividend Yield 1.6% 1.6%

FXAIX profile: The Fund seeks a total return which corresponds to that of the S&P 500 Index. The Fund invests at least 80% of its assets in common stocks included in the Index. The Fund may lend securities to earn income and uses statistical sampling techniques in stock selection.

For further information, check out VIIIX vs FXAIX comparison details.

In the VIIIX review, we covered VIIIX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
Follow Us