PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Vanguard California Intermediate-Term Tax-Exempt F...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US9220214079

CUSIP

922021407

Issuer

Vanguard

Inception Date

Nov 12, 2001

Asset Class

Bond

Expense Ratio

VCADX has an expense ratio of 0.09%, which is considered low compared to other funds.


Expense ratio chart for VCADX: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
VCADX vs. VCAIX VCADX vs. VWALX VCADX vs. CMF VCADX vs. VTEB VCADX vs. BND VCADX vs. FXNAX VCADX vs. VWAHX VCADX vs. BNDx VCADX vs. AGG VCADX vs. VCLAX
Popular comparisons:
VCADX vs. VCAIX VCADX vs. VWALX VCADX vs. CMF VCADX vs. VTEB VCADX vs. BND VCADX vs. FXNAX VCADX vs. VWAHX VCADX vs. BNDx VCADX vs. AGG VCADX vs. VCLAX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
1.03%
9.66%
VCADX (Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares)
Benchmark (^GSPC)

Returns By Period

Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares had a return of 0.97% year-to-date (YTD) and 1.38% in the last 12 months. Over the past 10 years, Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares had an annualized return of 2.19%, while the S&P 500 had an annualized return of 11.11%, indicating that Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares did not perform as well as the benchmark.


VCADX

YTD

0.97%

1M

-0.79%

6M

1.02%

1Y

1.38%

5Y*

1.08%

10Y*

2.19%

^GSPC (Benchmark)

YTD

25.25%

1M

0.08%

6M

9.66%

1Y

25.65%

5Y*

13.17%

10Y*

11.11%

Monthly Returns

The table below presents the monthly returns of VCADX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.12%0.06%-0.03%-0.99%-0.38%1.40%0.86%0.85%1.03%-1.24%1.06%0.97%
20232.54%-1.98%1.91%-0.23%-0.85%0.76%0.30%-0.84%-2.11%-0.88%5.00%2.37%5.91%
2022-2.53%-0.32%-2.79%-2.61%1.62%-1.49%2.63%-1.83%-3.11%-0.44%4.04%0.30%-6.61%
20210.42%-1.51%0.50%0.75%0.25%0.09%0.74%-0.23%-0.72%-0.16%0.67%0.01%0.79%
20201.61%1.00%-3.12%-0.98%3.17%0.52%1.51%-0.38%0.11%-0.22%1.17%0.26%4.62%
20190.84%0.46%1.17%0.39%1.32%0.46%0.80%1.29%-0.78%0.21%0.12%0.37%6.83%
2018-0.96%-0.31%0.23%-0.29%1.19%0.05%0.31%0.22%-0.64%-0.63%1.02%1.10%1.28%
20170.58%0.64%0.23%0.83%1.43%-0.29%0.74%0.73%-0.37%0.14%-0.71%0.92%4.96%
20161.25%0.13%0.31%0.64%0.06%1.48%-0.11%0.22%-0.45%-0.86%-3.82%1.20%-0.04%
20151.61%-0.94%0.16%-0.35%-0.26%-0.10%0.76%0.25%0.75%0.32%0.31%0.75%3.28%
20141.98%1.04%0.02%1.05%1.13%0.00%0.26%1.11%0.08%0.60%0.08%0.51%8.11%
20130.61%0.42%-0.38%0.97%-1.25%-2.67%-0.25%-0.87%2.35%0.81%-0.25%-0.16%-0.74%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of VCADX is 37, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of VCADX is 3737
Overall Rank
The Sharpe Ratio Rank of VCADX is 3636
Sharpe Ratio Rank
The Sortino Ratio Rank of VCADX is 3636
Sortino Ratio Rank
The Omega Ratio Rank of VCADX is 3737
Omega Ratio Rank
The Calmar Ratio Rank of VCADX is 4545
Calmar Ratio Rank
The Martin Ratio Rank of VCADX is 3131
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares (VCADX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for VCADX, currently valued at 0.53, compared to the broader market-1.000.001.002.003.004.000.532.07
The chart of Sortino ratio for VCADX, currently valued at 0.75, compared to the broader market-2.000.002.004.006.008.0010.000.752.76
The chart of Omega ratio for VCADX, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.003.501.111.39
The chart of Calmar ratio for VCADX, currently valued at 0.46, compared to the broader market0.002.004.006.008.0010.0012.0014.000.463.05
The chart of Martin ratio for VCADX, currently valued at 1.75, compared to the broader market0.0020.0040.0060.001.7513.27
VCADX
^GSPC

The current Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares Sharpe ratio is 0.53. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.53
2.07
VCADX (Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares)
Benchmark (^GSPC)

Dividends

Dividend History

Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares provided a 2.61% dividend yield over the last twelve months, with an annual payout of $0.30 per share. The fund has been increasing its distributions for 2 consecutive years.


2.20%2.40%2.60%2.80%3.00%3.20%3.40%$0.00$0.10$0.20$0.30$0.4020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.30$0.30$0.26$0.26$0.28$0.31$0.32$0.32$0.32$0.34$0.36$0.38

Dividend yield

2.61%2.57%2.36%2.10%2.27%2.52%2.71%2.68%2.78%2.87%3.08%3.40%

Monthly Dividends

The table displays the monthly dividend distributions for Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.00$0.00$0.27
2023$0.02$0.03$0.02$0.02$0.02$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.30
2022$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.26
2021$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.26
2020$0.03$0.02$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.28
2019$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.31
2018$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.32
2017$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.32
2016$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.32
2015$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.34
2014$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.36
2013$0.03$0.03$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.38

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.93%
-1.91%
VCADX (Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares was 11.16%, occurring on Oct 25, 2022. Recovery took 444 trading sessions.

The current Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares drawdown is 1.93%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-11.16%Aug 6, 2021308Oct 25, 2022444Aug 2, 2024752
-10.63%Mar 10, 20209Mar 20, 202089Jul 28, 202098
-8.79%Sep 12, 200825Oct 16, 200861Jan 14, 200986
-6.06%Sep 3, 201094Jan 18, 2011109Jun 23, 2011203
-5.84%May 3, 201336Jun 24, 2013170Feb 26, 2014206

Volatility

Volatility Chart

The current Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares volatility is 0.96%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
0.96%
3.82%
VCADX (Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares)
Benchmark (^GSPC)
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab