Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX)

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The chart shows the growth of an initial investment of $10,000 in Vanguard Global Minimum Volatility Fund Investor Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX) has returned 1.71% so far this year and 8.07% over the past 12 months. Over the last ten years, VMVFX has returned 9.02% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Dec 13, 2013, VMVFX's average daily return is +0.04%, while the average monthly return is +0.80%. At this rate, your investment would double in approximately 7.2 years.

Historically, 68% of months were positive and 32% were negative. The best month was Dec 2021 with a return of +16.7%, while the worst month was Mar 2020 at -15.4%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 3 months.

On a daily basis, VMVFX closed higher 53% of trading days. The best single day was Dec 15, 2021 with a return of +11.9%, while the worst single day was Mar 16, 2020 at -10.3%.

Vanguard Global Minimum Volatility Fund Investor Shares has an annualized alpha of 2.61%, beta of 0.60, and R² of 0.75 versus S&P 500 Index. Calculated based on daily prices since December 16, 2013.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (62.08%) than losses (58.05%) — typical of diversified or defensive assets.
• This fund generated an annualized alpha of 2.61% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• Beta of 0.60 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

VMVFX has an expense ratio of 0.21%, which is considered low.

VMVFX ranks 44 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX) and compare them to a chosen benchmark (S&P 500 Index).

Vanguard Global Minimum Volatility Fund Investor Shares provided a 9.81% dividend yield over the last twelve months, with an annual payout of $1.57 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Vanguard Global Minimum Volatility Fund Investor Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Vanguard Global Minimum Volatility Fund Investor 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 Global Minimum Volatility Fund Investor Shares was 33.09%, occurring on Mar 23, 2020. Recovery took 337 trading sessions.

The current Vanguard Global Minimum Volatility Fund Investor Shares drawdown is 6.03%.

The chart below shows the rolling one-month volatility.