PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Vanguard Ohio Long-Term Tax-Exempt Fund (VOHIX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS9219292045
CUSIP921929204
IssuerVanguard
Inception DateJun 18, 1990
CategoryMunicipal Bonds
Min. Investment$3,000
Home Pageadvisors.vanguard.com
Asset ClassBond

Expense Ratio

VOHIX has an expense ratio of 0.13%, which is considered low compared to other funds.


Expense ratio chart for VOHIX: current value at 0.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.13%

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: VOHIX vs. VWIUX, VOHIX vs. ELFTX, VOHIX vs. VTEB, VOHIX vs. VKQ, VOHIX vs. ETOHX, VOHIX vs. VBIAX, VOHIX vs. HYGH

Performance

Performance Chart

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


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
2.58%
14.05%
VOHIX (Vanguard Ohio Long-Term Tax-Exempt Fund)
Benchmark (^GSPC)

Returns By Period

Vanguard Ohio Long-Term Tax-Exempt Fund had a return of 2.21% year-to-date (YTD) and 10.04% in the last 12 months. Over the past 10 years, Vanguard Ohio Long-Term Tax-Exempt Fund had an annualized return of 2.36%, while the S&P 500 had an annualized return of 11.39%, indicating that Vanguard Ohio Long-Term Tax-Exempt Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date2.21%25.45%
1 month-0.40%2.91%
6 months2.58%14.05%
1 year10.04%35.64%
5 years (annualized)1.01%14.13%
10 years (annualized)2.36%11.39%

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.24%0.02%-0.08%-1.44%-0.07%2.31%0.89%0.71%1.30%-1.57%2.21%
20233.59%-2.98%2.46%-0.18%-0.95%1.14%0.17%-1.65%-3.53%-1.65%7.62%3.33%7.04%
2022-2.63%-0.42%-3.44%-3.73%1.32%-2.74%3.26%-3.07%-4.65%-1.04%6.11%-0.02%-11.00%
20210.58%-1.74%0.67%1.05%0.65%0.28%0.87%-0.40%-0.86%-0.11%0.96%-0.57%1.35%
20201.96%1.60%-2.94%-1.65%3.51%1.00%1.76%-0.39%0.07%-0.16%1.60%-0.09%6.26%
20190.77%0.49%1.73%0.50%1.45%0.49%0.80%1.73%-0.60%0.01%0.16%-0.38%7.34%
2018-1.47%-0.48%0.52%-0.46%1.26%0.02%0.20%0.11%-0.62%-0.78%1.28%1.19%0.72%
20170.36%0.58%0.36%0.67%1.72%-0.13%0.67%0.75%-0.21%0.35%-0.21%0.76%5.78%
20161.23%-0.05%0.67%0.89%0.58%1.96%-0.20%0.26%-0.67%-1.05%-3.97%1.01%0.54%
20152.11%-1.30%0.44%-0.59%-0.19%-0.19%0.86%0.46%0.68%0.28%0.68%0.52%3.79%
20142.71%1.12%0.32%1.46%1.53%0.05%0.22%1.50%0.12%0.84%0.20%0.14%10.66%
20130.46%0.27%-0.49%1.24%-1.58%-3.46%-1.25%-1.61%3.00%0.83%-0.18%-0.68%-3.54%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of VOHIX is 54, 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.


The Risk-Adjusted Performance Rank of VOHIX is 5454
Combined Rank
The Sharpe Ratio Rank of VOHIX is 5858Sharpe Ratio Rank
The Sortino Ratio Rank of VOHIX is 6666Sortino Ratio Rank
The Omega Ratio Rank of VOHIX is 7878Omega Ratio Rank
The Calmar Ratio Rank of VOHIX is 2929Calmar Ratio Rank
The Martin Ratio Rank of VOHIX is 3939Martin 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 Ohio Long-Term Tax-Exempt Fund (VOHIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


VOHIX
Sharpe ratio
The chart of Sharpe ratio for VOHIX, currently valued at 2.35, compared to the broader market0.002.004.002.35
Sortino ratio
The chart of Sortino ratio for VOHIX, currently valued at 3.56, compared to the broader market0.005.0010.003.56
Omega ratio
The chart of Omega ratio for VOHIX, currently valued at 1.54, compared to the broader market1.002.003.004.001.54
Calmar ratio
The chart of Calmar ratio for VOHIX, currently valued at 0.80, compared to the broader market0.005.0010.0015.0020.000.80
Martin ratio
The chart of Martin ratio for VOHIX, currently valued at 9.73, compared to the broader market0.0020.0040.0060.0080.00100.009.73
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.90, compared to the broader market0.002.004.002.90
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.87, compared to the broader market0.005.0010.003.87
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.54, compared to the broader market1.002.003.004.001.54
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 4.19, compared to the broader market0.005.0010.0015.0020.004.19
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 18.72, compared to the broader market0.0020.0040.0060.0080.00100.0018.72

Sharpe Ratio

The current Vanguard Ohio Long-Term Tax-Exempt Fund Sharpe ratio is 2.35. 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 Ohio Long-Term Tax-Exempt Fund 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 Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.35
2.90
VOHIX (Vanguard Ohio Long-Term Tax-Exempt Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Vanguard Ohio Long-Term Tax-Exempt Fund provided a 3.29% dividend yield over the last twelve months, with an annual payout of $0.39 per share.


2.50%3.00%3.50%4.00%$0.00$0.10$0.20$0.30$0.40$0.5020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.39$0.36$0.31$0.32$0.35$0.38$0.40$0.40$0.41$0.43$0.44$0.46

Dividend yield

3.29%3.06%2.74%2.42%2.66%3.00%3.28%3.19%3.30%3.38%3.51%3.85%

Monthly Dividends

The table displays the monthly dividend distributions for Vanguard Ohio Long-Term Tax-Exempt Fund. 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$0.32
2023$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
2022$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.31
2021$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
2020$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.35
2019$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.38
2018$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.03$0.04$0.40
2017$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.40
2016$0.04$0.03$0.04$0.03$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.41
2015$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.43
2014$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.44
2013$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.46

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%JuneJulyAugustSeptemberOctoberNovember
-3.59%
-0.29%
VOHIX (Vanguard Ohio Long-Term Tax-Exempt Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Vanguard Ohio Long-Term Tax-Exempt 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 Ohio Long-Term Tax-Exempt Fund was 17.45%, occurring on Oct 25, 2022. The portfolio has not yet recovered.

The current Vanguard Ohio Long-Term Tax-Exempt Fund drawdown is 3.59%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-17.45%Aug 6, 2021308Oct 25, 2022
-12.05%Mar 10, 20209Mar 20, 202081Jul 16, 202090
-11.98%Feb 1, 1994210Nov 21, 199471Feb 28, 1995281
-10.52%Sep 12, 200825Oct 16, 2008124Apr 16, 2009149
-8.31%Dec 10, 2012186Sep 5, 2013160Apr 25, 2014346

Volatility

Volatility Chart

The current Vanguard Ohio Long-Term Tax-Exempt Fund volatility is 2.04%, 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%JuneJulyAugustSeptemberOctoberNovember
2.04%
3.86%
VOHIX (Vanguard Ohio Long-Term Tax-Exempt Fund)
Benchmark (^GSPC)