- ISIN
- US9220382033
- CUSIP
- 922038203
- Issuer
- Vanguard
- Inception Date
- Aug 14, 1995
- Category
- Global Equities
- Min. Investment
- $3,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Assets Under Management
- $8B
Share Price Chart
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Performance
VHGEX Performance Chart
Vanguard Global Equity Fund (VHGEX) is up 4.9% since the beginning of the year. VHGEX is currently trading at $40 per share. Investors who bought $1,000 worth of VHGEX shares 5 years ago would now be looking at an investment worth $1,386.
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Returns By Period
Vanguard Global Equity Fund (VHGEX) has returned 4.86% so far this year and 17.09% over the past 12 months. Over the last ten years, VHGEX has returned 11.80% per year, falling short of the S&P 500 Index benchmark, which averaged 13.61% annually.
Vanguard Global Equity Fund
- 1D
- 2.27%
- 1M
- -0.05%
- YTD
- 4.86%
- 6M
- 5.74%
- 1Y
- 17.09%
- 3Y*
- 15.80%
- 5Y*
- 6.75%
- 10Y*
- 11.80%
Benchmark (S&P 500 Index)
- 1D
- 0.50%
- 1M
- -0.17%
- YTD
- 8.56%
- 6M
- 8.85%
- 1Y
- 22.93%
- 3Y*
- 19.37%
- 5Y*
- 11.84%
- 10Y*
- 13.61%
VHGEX Monthly Returns History
Based on dividend-adjusted daily data since Aug 31, 1995, VHGEX's average daily return is +0.04%, while the average monthly return is +0.84%. At this rate, an investment would double in approximately 6.9 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +12.7%, while the worst month was Oct 2008 at -21.8%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.
On a daily basis, VHGEX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +11.5%, while the worst single day was Mar 16, 2020 at -11.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.59% | -0.80% | -6.37% | 9.82% | 3.17% | -1.93% | 4.86% | ||||||
| 2025 | 4.90% | -1.50% | -5.86% | 0.67% | 7.13% | 6.20% | 0.88% | 2.60% | 3.20% | 2.15% | -1.57% | 1.32% | 21.22% |
| 2024 | -0.58% | 5.55% | 2.98% | -3.77% | 3.98% | 0.65% | 1.58% | 2.60% | 2.30% | -2.03% | 4.26% | -4.29% | 13.41% |
| 2023 | 11.59% | -4.46% | 2.53% | 0.31% | -0.24% | 6.46% | 3.85% | -4.05% | -5.77% | -4.24% | 10.93% | 6.34% | 23.52% |
| 2022 | -6.68% | -3.54% | 0.92% | -8.81% | 0.69% | -7.73% | 5.64% | -3.68% | -10.16% | 5.28% | 9.79% | -4.99% | -22.72% |
| 2021 | -0.37% | 4.09% | 1.35% | 4.18% | 1.38% | 1.12% | 0.21% | 1.79% | -4.07% | 5.37% | -4.48% | 2.27% | 13.06% |
Benchmark Metrics
Vanguard Global Equity Fund has an annualized alpha of 2.00%, beta of 0.81, and R2 of 0.79 versus S&P 500 Index. Calculated based on daily prices since August 31, 1995.
- This fund generated an annualized alpha of 2.00% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 2.00%
- Beta
- 0.81
- R²
- 0.79
- Upside Capture
- 98.47%
- Downside Capture
- 96.73%
Expense Ratio
VHGEX has an expense ratio of 0.45%, placing it in the medium range.
Return for Risk
Risk / Return Rank
VHGEX ranks 22 for risk / return — below 22% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Vanguard Global Equity Fund (VHGEX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VHGEX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.70 | ||
| Sortino ratioReturn per unit of downside risk | -0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.34 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | 2.53 | -1.07 |
| Martin ratioReturn relative to average drawdown | 5.56 | 11.37 | -5.81 |
Dividends
Dividend History
Vanguard Global Equity Fund provided a 11.81% dividend yield over the last twelve months, with an annual payout of $4.74 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.74 | $4.74 | $1.51 | $0.37 | $3.03 | $4.19 | $1.09 | $1.97 | $2.22 | $0.40 | $0.37 | $0.41 |
Dividend yield | 11.81% | 12.38% | 4.24% | 1.15% | 11.32% | 10.90% | 2.88% | 6.20% | 8.45% | 1.29% | 1.51% | 1.71% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard Global Equity 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.74 | $4.74 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.51 | $1.51 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.37 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.03 | $3.03 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.19 | $4.19 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Vanguard Global Equity 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 Global Equity Fund was 64.81%, occurring on Mar 9, 2009. Recovery took 1208 trading sessions.
The current Vanguard Global Equity Fund drawdown is 2.74%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -64.81%Mar 2009 | 1y 4mo | 4y 9mo | 6y 1moNov 2007 - Dec 2013 |
COVID crash2020 | -33.23%Mar 2020 | 1mo 2d | 4mo 8d | 5mo 10dFeb 2020 - Jul 2020 |
Bear market2022 | -33.02%Oct 2022 | 11mo 1d | 1y 7mo | 2y 6moNov 2021 - May 2024 |
Dot-com crash2000–2002 | -27.85%Oct 2002 | 4mo 22d | 10mo 16d | 1y 3moMay 2002 - Aug 2003 |
1998 bear market1998 | -22.97%Oct 1998 | 5mo 22d | 6mo 5d | 11mo 27dApr 1998 - Apr 1999 |
Drawdown Indicators
| VHGEX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.81% | -56.78% | -8.03% |
Max Drawdown (1Y)Largest decline over 1 year | -11.92% | -9.10% | -2.82% |
Max Drawdown (3Y)Largest decline over 3 years | -19.21% | -18.90% | -0.31% |
Max Drawdown (5Y)Largest decline over 5 years | -33.02% | -25.43% | -7.59% |
Max Drawdown (10Y)Largest decline over 10 years | -33.23% | -33.92% | +0.69% |
Current DrawdownCurrent decline from peak | -2.74% | -2.34% | -0.40% |
Average DrawdownAverage peak-to-trough decline | -9.95% | -10.72% | +0.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.13% | 2.02% | +1.11% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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