Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX)
Fund Info
| ISIN | US9220317609 |
|---|---|
| CUSIP | 922031760 |
| Issuer | Vanguard |
| Inception Date | Nov 12, 2001 |
| Category | High Yield Bonds |
| Min. Investment | $50,000 |
| Home Page | advisors.vanguard.com |
| Asset Class | Bond |
Expense Ratio
VWEAX has an expense ratio of 0.13%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
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Popular comparisons: VWEAX vs. SPHY, VWEAX vs. ANGL, VWEAX vs. VAIPX, VWEAX vs. HYD, VWEAX vs. HYDB, VWEAX vs. OSTIX, VWEAX vs. VOO, VWEAX vs. BND, VWEAX vs. VYM, VWEAX vs. FDHY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Vanguard High-Yield Corporate 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.
Returns By Period
Vanguard High-Yield Corporate Fund Admiral Shares had a return of 6.09% year-to-date (YTD) and 12.57% in the last 12 months. Over the past 10 years, Vanguard High-Yield Corporate Fund Admiral Shares had an annualized return of 4.52%, while the S&P 500 had an annualized return of 11.39%, indicating that Vanguard High-Yield Corporate Fund Admiral Shares did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.09% | 25.45% |
| 1 month | 0.16% | 2.91% |
| 6 months | 5.31% | 14.05% |
| 1 year | 12.57% | 35.64% |
| 5 years (annualized) | 3.79% | 14.13% |
| 10 years (annualized) | 4.52% | 11.39% |
Monthly Returns
The table below presents the monthly returns of VWEAX, 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 | -0.24% | 0.13% | 0.88% | -0.96% | 1.29% | 1.09% | 1.64% | 1.46% | 1.25% | -0.75% | 6.09% | ||
| 2023 | 3.40% | -1.60% | 1.45% | 0.67% | -0.84% | 1.28% | 1.10% | 0.14% | -1.39% | -0.64% | 4.48% | 3.36% | 11.79% |
| 2022 | -2.71% | -0.85% | -0.68% | -3.35% | 0.96% | -6.36% | 6.35% | -3.10% | -3.79% | 2.69% | 2.64% | -0.50% | -8.96% |
| 2021 | 0.03% | 0.03% | -0.15% | 1.20% | 0.19% | 1.03% | 0.52% | 0.52% | -0.15% | -0.32% | -0.84% | 1.71% | 3.80% |
| 2020 | 0.10% | -0.79% | -9.96% | 3.88% | 3.77% | 0.23% | 4.53% | 0.58% | -0.82% | 0.38% | 2.98% | 1.22% | 5.41% |
| 2019 | 4.94% | 1.50% | 1.01% | 1.51% | -1.08% | 2.72% | 0.46% | 0.96% | 0.44% | 0.61% | 0.59% | 1.29% | 15.91% |
| 2018 | 0.22% | -1.10% | -0.55% | 0.47% | -0.38% | 0.30% | 1.19% | 1.01% | 0.47% | -1.57% | -0.70% | -2.13% | -2.79% |
| 2017 | 1.01% | 1.45% | -0.20% | 1.31% | 0.96% | 0.29% | 1.13% | 0.12% | 0.77% | 0.10% | -0.25% | 0.29% | 7.20% |
| 2016 | -0.99% | 0.46% | 2.86% | 2.61% | -0.03% | 0.82% | 2.05% | 1.68% | 0.63% | 0.29% | -0.90% | 1.37% | 11.31% |
| 2015 | 0.64% | 1.94% | -0.67% | 0.95% | 0.30% | -1.38% | 0.31% | -0.88% | -2.11% | 2.79% | -1.43% | -2.12% | -1.78% |
| 2014 | 0.66% | 1.94% | 0.15% | 0.62% | 0.97% | 0.62% | -1.15% | 1.63% | -1.82% | 1.99% | -0.54% | -0.36% | 4.73% |
| 2013 | 0.67% | 0.30% | 0.84% | 1.62% | -0.81% | -2.95% | 1.86% | -1.02% | 1.00% | 2.53% | 0.32% | 0.33% | 4.67% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of VWEAX is 92, placing it in the top 8% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Vanguard High-Yield Corporate Fund Admiral Shares provided a 6.10% dividend yield over the last twelve months, with an annual payout of $0.33 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.31 | $0.27 | $0.25 | $0.28 | $0.32 | $0.33 | $0.32 | $0.32 | $0.33 | $0.34 | $0.36 |
Dividend yield | 6.10% | 5.79% | 5.20% | 4.24% | 4.72% | 5.32% | 6.10% | 5.42% | 5.49% | 5.99% | 5.71% | 5.89% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard High-Yield Corporate Fund Admiral Shares. 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 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.28 | |
| 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 | $0.31 |
| 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 | $0.27 |
| 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 | $0.25 |
| 2020 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 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 | $0.32 |
| 2018 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2017 | $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 |
| 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 | $0.33 |
| 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 | $0.34 |
| 2013 | $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 |
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 High-Yield Corporate 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 High-Yield Corporate Fund Admiral Shares was 30.03%, occurring on Nov 24, 2008. Recovery took 202 trading sessions.
The current Vanguard High-Yield Corporate Fund Admiral Shares drawdown is 0.57%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -30.03% | Jun 4, 2007 | 373 | Nov 24, 2008 | 202 | Sep 15, 2009 | 575 |
| -19.69% | Feb 21, 2020 | 22 | Mar 23, 2020 | 92 | Aug 3, 2020 | 114 |
| -13.77% | Jan 4, 2022 | 186 | Sep 29, 2022 | 304 | Dec 14, 2023 | 490 |
| -13.32% | Dec 5, 2001 | 218 | Oct 17, 2002 | 164 | Jun 13, 2003 | 382 |
| -8.86% | Jun 2, 2015 | 177 | Feb 11, 2016 | 79 | Jun 6, 2016 | 256 |
Volatility
Volatility Chart
The current Vanguard High-Yield Corporate Fund Admiral Shares volatility is 0.71%, 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.