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Vanguard High-Yield Corporate Fund Investor Shares...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US9220312089

CUSIP

922031208

Issuer

Vanguard

Inception Date

Dec 27, 1978

Min. Investment

$3,000

Asset Class

Bond

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
VWEHX vs. JNK VWEHX vs. PHB VWEHX vs. VWAHX VWEHX vs. HYG VWEHX vs. BND VWEHX vs. VTBIX VWEHX vs. BHYIX VWEHX vs. VBTLX VWEHX vs. VCIT VWEHX vs. VOO
Popular comparisons:
VWEHX vs. JNK VWEHX vs. PHB VWEHX vs. VWAHX VWEHX vs. HYG VWEHX vs. BND VWEHX vs. VTBIX VWEHX vs. BHYIX VWEHX vs. VBTLX VWEHX vs. VCIT VWEHX vs. VOO

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Vanguard High-Yield Corporate 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.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.08%
12.33%
VWEHX (Vanguard High-Yield Corporate Fund Investor Shares)
Benchmark (^GSPC)

Returns By Period

Vanguard High-Yield Corporate Fund Investor Shares had a return of 5.84% year-to-date (YTD) and 10.99% in the last 12 months. Over the past 10 years, Vanguard High-Yield Corporate Fund Investor Shares had an annualized return of 4.44%, while the S&P 500 had an annualized return of 11.13%, indicating that Vanguard High-Yield Corporate Fund Investor Shares did not perform as well as the benchmark.


VWEHX

YTD

5.84%

1M

-0.03%

6M

5.08%

1Y

10.99%

5Y (annualized)

3.69%

10Y (annualized)

4.44%

^GSPC (Benchmark)

YTD

24.05%

1M

1.08%

6M

11.50%

1Y

30.38%

5Y (annualized)

13.77%

10Y (annualized)

11.13%

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.24%0.13%0.88%-0.98%1.29%1.09%1.64%1.44%1.24%-0.76%5.84%
20233.38%-1.62%1.45%0.67%-0.84%1.28%1.07%0.12%-1.41%-0.64%4.46%3.36%11.66%
2022-2.71%-0.86%-0.70%-3.35%0.96%-6.37%6.33%-3.12%-3.79%2.69%2.64%-0.50%-9.04%
20210.03%0.02%-0.15%1.19%0.19%1.01%0.52%0.52%-0.17%-0.33%-0.84%1.71%3.72%
20200.09%-0.79%-9.96%3.86%3.75%0.23%4.51%0.57%-0.82%0.38%2.96%1.22%5.30%
20194.94%1.50%1.00%1.50%-1.08%2.73%0.45%0.96%0.43%0.61%0.59%1.29%15.83%
20180.20%-1.11%-0.56%0.45%-0.40%0.28%1.18%1.00%0.45%-1.57%-0.71%-2.13%-2.94%
20171.00%1.44%-0.22%1.29%0.96%0.27%1.13%0.12%0.77%0.08%-0.27%0.29%7.07%
2016-0.99%0.46%2.86%2.61%-0.05%0.79%2.04%1.66%0.62%0.29%-0.90%1.35%11.20%
20150.64%1.93%-0.69%0.95%0.30%-1.40%0.29%-0.88%-2.11%2.77%-1.45%-2.13%-1.88%
20140.67%1.92%0.15%0.63%0.95%0.60%-1.17%1.62%-1.84%1.97%-0.54%-0.36%4.61%
20130.67%0.30%0.82%1.62%-0.80%-2.96%1.85%-1.02%0.98%2.52%0.30%0.31%4.57%

Expense Ratio

VWEHX has an expense ratio of 0.23%, which is considered low compared to other funds.


Expense ratio chart for VWEHX: current value at 0.23% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.23%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of VWEHX 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.


The Risk-Adjusted Performance Rank of VWEHX is 9292
Combined Rank
The Sharpe Ratio Rank of VWEHX is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of VWEHX is 9393
Sortino Ratio Rank
The Omega Ratio Rank of VWEHX is 9393
Omega Ratio Rank
The Calmar Ratio Rank of VWEHX is 8989
Calmar Ratio Rank
The Martin Ratio Rank of VWEHX is 9191
Martin 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 High-Yield Corporate Fund Investor Shares (VWEHX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for VWEHX, currently valued at 3.13, compared to the broader market-1.000.001.002.003.004.005.003.132.46
The chart of Sortino ratio for VWEHX, currently valued at 5.25, compared to the broader market0.005.0010.005.253.31
The chart of Omega ratio for VWEHX, currently valued at 1.79, compared to the broader market1.002.003.004.001.791.46
The chart of Calmar ratio for VWEHX, currently valued at 3.48, compared to the broader market0.005.0010.0015.0020.0025.003.483.55
The chart of Martin ratio for VWEHX, currently valued at 19.26, compared to the broader market0.0020.0040.0060.0080.00100.0019.2615.76
VWEHX
^GSPC

The current Vanguard High-Yield Corporate Fund Investor Shares Sharpe ratio is 3.13. 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 High-Yield Corporate Fund Investor Shares 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 Ratio1.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
3.13
2.46
VWEHX (Vanguard High-Yield Corporate Fund Investor Shares)
Benchmark (^GSPC)

Dividends

Dividend History

Vanguard High-Yield Corporate Fund Investor Shares provided a 6.04% 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.


4.00%4.50%5.00%5.50%6.00%$0.00$0.05$0.10$0.15$0.20$0.25$0.30$0.3520132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.33$0.31$0.26$0.25$0.28$0.31$0.32$0.31$0.31$0.33$0.33$0.35

Dividend yield

6.04%5.68%5.11%4.15%4.62%5.25%5.93%5.30%5.39%5.88%5.59%5.79%

Monthly Dividends

The table displays the monthly dividend distributions for Vanguard High-Yield Corporate Fund Investor Shares. 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$0.28
2023$0.02$0.02$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$0.26
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$0.02$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$0.31
2018$0.02$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.32
2017$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.31
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$0.31
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$0.33
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$0.35

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
-0.76%
-1.40%
VWEHX (Vanguard High-Yield Corporate Fund Investor Shares)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Vanguard High-Yield Corporate 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 High-Yield Corporate Fund Investor Shares was 30.17%, occurring on Nov 24, 2008. Recovery took 202 trading sessions.

The current Vanguard High-Yield Corporate Fund Investor Shares drawdown is 0.76%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-30.17%Jun 4, 2007373Nov 24, 2008202Sep 15, 2009575
-19.69%Feb 21, 202022Mar 23, 202094Aug 5, 2020116
-13.94%Aug 2, 199058Oct 22, 1990119Apr 5, 1991177
-13.85%Jan 4, 2022186Sep 29, 2022304Dec 14, 2023490
-9.44%Apr 9, 1987146Oct 29, 198767Feb 1, 1988213

Volatility

Volatility Chart

The current Vanguard High-Yield Corporate Fund Investor 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.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.71%
4.07%
VWEHX (Vanguard High-Yield Corporate Fund Investor Shares)
Benchmark (^GSPC)