Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with VWEHX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to VWEHX
VWEHX charges 0.22% annually. There are 3 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | VWEHX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | VWEHX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | VWEHX vs PIAMX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | VWEHX vs CRDOX | |
| American Funds American High-Income Trust® Class R... | 0.32% | — | Aug 2008 | VWEHX vs RITGX |
Best Risk-Adjusted Alternatives to VWEHX
VWEHX has a PortfoliosLab risk / return rank of 53. There are 120 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | VWEHX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | VWEHX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 99 | — | Sep 2010 | VWEHX vs RPHIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | VWEHX vs PSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | VWEHX vs CWFIX |
Top Performing VWEHX Alternatives (YTD)
VWEHX is at 0.58% YTD. There are 160 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 10.56% | — | Dec 2014 | VWEHX vs XILSX | |
| Fairholme Focused Income Fund | 10.04% | — | Dec 2009 | VWEHX vs FOCIX | |
| Fidelity Capital & Income Fund | 5.94% | — | Nov 1977 | VWEHX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 5.45% | — | Oct 2018 | VWEHX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 5.40% | — | Jul 1995 | VWEHX vs FAHCX |
Lowest Volatility Alternatives to VWEHX
VWEHX has 3.31% 1-year volatility. There are 99 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | VWEHX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.86% | — | Sep 2010 | VWEHX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | VWEHX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.69% | — | Oct 2012 | VWEHX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.77% | — | Aug 2002 | VWEHX vs OSTIX |
Lowest Drawdown Alternatives to VWEHX
VWEHX has a 1-year max drawdown of -2.52%. There are 110 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.10% | — | Dec 2014 | VWEHX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | VWEHX vs CCLFX | |
| RiverPark Short Term High Yield Fund | -0.21% | — | Sep 2010 | VWEHX vs RPHIX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | VWEHX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | VWEHX vs SCFIX |
Other Mutual Funds from Vanguard
The 10 most viewed Vanguard mutual funds shown here include VTSAX, VFIAX, VTIAX and span 8 categories. AUM among these funds goes as high as $2T.
Often Compared With VWEHX
Investors most often compare VWEHX with HYG, VWAHX, JNK. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare VWEHX with Any Fund or Stock
Compare VWEHX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair VWEHX with funds that move differently
Vanguard High-Yield Corporate Fund Investor Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VWEHX.
Explore VWEHX Diversifiers