Vanguard Target Retirement 2040 Fund (VFORX)
Fund Info
US92202E8701
92202E870
Jun 7, 2006
$1,000
Large-Cap
Blend
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.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Vanguard Target Retirement 2040 Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Vanguard Target Retirement 2040 Fund had a return of 13.87% year-to-date (YTD) and 20.35% in the last 12 months. Over the past 10 years, Vanguard Target Retirement 2040 Fund had an annualized return of 8.09%, while the S&P 500 had an annualized return of 11.16%, indicating that Vanguard Target Retirement 2040 Fund did not perform as well as the benchmark.
VFORX
13.87%
0.07%
7.48%
20.35%
8.96%
8.09%
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of VFORX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.25% | 3.21% | 2.64% | -3.25% | 3.70% | 1.39% | 2.20% | 2.06% | 2.04% | -2.22% | 13.87% | ||
| 2023 | 6.53% | -2.87% | 2.64% | 1.11% | -1.01% | 4.48% | 2.89% | -2.37% | -3.77% | -2.55% | 7.90% | 5.03% | 18.56% |
| 2022 | -4.19% | -2.38% | 0.86% | -7.04% | 0.38% | -6.95% | 6.13% | -3.69% | -8.35% | 4.74% | 7.28% | -3.74% | -17.00% |
| 2021 | -0.32% | 2.02% | 2.09% | 3.52% | 1.26% | 1.22% | 0.66% | 1.89% | -3.46% | 4.02% | -2.03% | 3.05% | 14.55% |
| 2020 | -0.77% | -6.03% | -12.33% | 9.50% | 4.34% | 2.65% | 4.40% | 4.77% | -2.36% | -1.82% | 10.29% | 4.14% | 15.48% |
| 2019 | 7.03% | 2.37% | 1.27% | 2.93% | -4.85% | 5.64% | 0.19% | -1.35% | 1.66% | 2.17% | 2.23% | 2.80% | 23.86% |
| 2018 | 4.50% | -3.72% | -1.14% | 0.39% | 0.84% | -0.33% | 2.56% | 1.06% | 0.13% | -6.68% | 1.55% | -6.11% | -7.32% |
| 2017 | 2.35% | 2.56% | 1.01% | 1.41% | 1.66% | 0.64% | 2.23% | 0.41% | 1.82% | 1.84% | 1.81% | 1.27% | 20.72% |
| 2016 | -4.82% | -0.74% | 6.73% | 1.15% | 0.62% | 0.03% | 3.73% | 0.40% | 0.56% | -1.90% | 1.30% | 1.75% | 8.72% |
| 2015 | -1.48% | 4.98% | -1.01% | 1.67% | 0.45% | -1.96% | 0.75% | -5.89% | -2.90% | 6.44% | -0.20% | -1.82% | -1.56% |
| 2014 | -3.11% | 4.48% | 0.42% | 0.49% | 1.97% | 2.10% | -1.69% | 3.04% | -2.79% | 1.75% | 1.52% | -0.96% | 7.15% |
| 2013 | 4.31% | 0.50% | 2.72% | 2.08% | 0.47% | -1.95% | 4.70% | -2.28% | 4.36% | 3.66% | 1.80% | 1.95% | 24.38% |
Expense Ratio
VFORX has an expense ratio of 0.08%, which is considered low compared to other funds.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of VFORX is 69, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Vanguard Target Retirement 2040 Fund (VFORX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Vanguard Target Retirement 2040 Fund provided a 2.09% dividend yield over the last twelve months, with an annual payout of $0.94 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.94 | $0.94 | $0.71 | $1.00 | $0.72 | $0.89 | $0.78 | $0.68 | $0.60 | $0.62 | $0.57 | $0.50 |
Dividend yield | 2.09% | 2.38% | 2.10% | 2.39% | 1.62% | 2.28% | 2.41% | 1.91% | 1.98% | 2.16% | 1.93% | 1.77% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard Target Retirement 2040 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.94 | $0.94 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 | $0.71 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.00 | $1.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.72 | $0.72 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.89 | $0.89 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.78 | $0.78 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.68 | $0.68 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 | $0.60 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 | $0.62 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.57 | $0.57 |
| 2013 | $0.50 | $0.50 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Vanguard Target Retirement 2040 Fund. 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 Target Retirement 2040 Fund was 51.63%, occurring on Mar 9, 2009. Recovery took 541 trading sessions.
The current Vanguard Target Retirement 2040 Fund drawdown is 1.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -51.63% | Oct 15, 2007 | 351 | Mar 9, 2009 | 541 | Apr 29, 2011 | 892 |
| -29.35% | Feb 13, 2020 | 27 | Mar 23, 2020 | 99 | Aug 12, 2020 | 126 |
| -24.32% | Nov 9, 2021 | 235 | Oct 14, 2022 | 339 | Feb 22, 2024 | 574 |
| -19.69% | May 2, 2011 | 108 | Oct 3, 2011 | 113 | Mar 15, 2012 | 221 |
| -16.45% | May 22, 2015 | 183 | Feb 11, 2016 | 128 | Aug 15, 2016 | 311 |
Volatility
Volatility Chart
The current Vanguard Target Retirement 2040 Fund volatility is 2.42%, 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.