ANZ.AX vs. VHYAX

Last updated Jun 5, 2026

ANZ.AX (ANZ Group Holdings Limited) is a stock, while VHYAX (Vanguard High Dividend Yield Index Fund Admiral Shares) is Large Cap Value Equities fund tracking the FTSE High Dividend Yield Index. Over the past 5 years, ANZ.AX returned 9.56%/yr vs 13.27%/yr for VHYAX. At a 0.09 correlation, their price movements are largely independent.

Performance

ANZ.AX vs. VHYAX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in ANZ Group Holdings Limited (ANZ.AX) and Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ANZ.AX is traded in AUD, while VHYAX is traded in USD. To make them comparable, the VHYAX values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ANZ.AX achieves a -2.93% return, which is significantly lower than VHYAX's 5.13% return.

ANZ.AX

• 1D: -0.52%
• 1M: -4.84%
• YTD: -2.93%
• 6M: -0.15%
• 1Y: 21.65%
• 3Y*: 20.76%
• 5Y*: 9.56%
• 10Y*: 8.68%

VHYAX

• 1D: -0.08%
• 1M: 3.66%
• YTD: 5.13%
• 6M: 4.04%
• 1Y: 15.61%
• 3Y*: 16.07%
• 5Y*: 13.27%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ANZ.AX vs. VHYAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ANZ.AX ANZ Group Holdings Limited	-2.93%	33.91%	16.31%	17.72%	-8.23%	27.04%	-5.33%	-3.49%
VHYAX Vanguard High Dividend Yield Index Fund Admiral Shares	5.13%	7.01%	29.20%	6.76%	6.12%	33.47%	-7.81%	18.08%

Correlation

The correlation between ANZ.AX and VHYAX is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (All Time) Calculated using the full available price history since Feb 8, 2019	0.09

Return for Risk

ANZ.AX vs. VHYAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ANZ.AX

ANZ.AX Risk / Return Rank: 68
ANZ.AX Sharpe Ratio Rank: 72
ANZ.AX Sortino Ratio Rank: 67
ANZ.AX Omega Ratio Rank: 64
ANZ.AX Calmar Ratio Rank: 68
ANZ.AX Martin Ratio Rank: 69

VHYAX

VHYAX Risk / Return Rank: 80
VHYAX Sharpe Ratio Rank: 81
VHYAX Sortino Ratio Rank: 78
VHYAX Omega Ratio Rank: 73
VHYAX Calmar Ratio Rank: 86
VHYAX Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ANZ.AX vs. VHYAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ANZ Group Holdings Limited (ANZ.AX) and Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ANZ.AX	VHYAX	Difference
Sharpe ratio: Return per unit of total volatility	1.01	1.59	-0.58
Sortino ratio: Return per unit of downside risk	1.57	2.34	-0.77
Omega ratio: Gain probability vs. loss probability	1.19	1.27	-0.08
Calmar ratio: Return relative to maximum drawdown	1.44	2.27	-0.83
Martin ratio: Return relative to average drawdown	3.52	7.49	-3.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ANZ.AX vs. VHYAX - Sharpe Ratio Comparison

The current ANZ.AX Sharpe Ratio is 1.01, which is lower than the VHYAX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of ANZ.AX and VHYAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ANZ.AX	VHYAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	1.59	-0.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	1.06	-0.55
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.38	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.77	-0.41

Drawdowns

ANZ.AX vs. VHYAX - Drawdown Comparison

The maximum ANZ.AX drawdown since its inception was -62.31%, which is greater than VHYAX's maximum drawdown of -25.66%. Use the drawdown chart below to compare losses from any high point for ANZ.AX and VHYAX.

Drawdown Indicators

	ANZ.AX	VHYAX	Difference
Max Drawdown Largest peak-to-trough decline	-62.31%	-25.66%	-36.65%
Max Drawdown (1Y) Largest decline over 1 year	-14.93%	-6.70%	-8.23%
Max Drawdown (3Y) Largest decline over 3 years	-18.33%	-13.69%	-4.64%
Max Drawdown (5Y) Largest decline over 5 years	-24.44%	-13.69%	-10.75%
Max Drawdown (10Y) Largest decline over 10 years	-50.49%	—	—
Current Drawdown Current decline from peak	-13.73%	-0.08%	-13.65%
Average Drawdown Average peak-to-trough decline	-14.06%	-4.20%	-9.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.11%	2.02%	+4.09%

Volatility

ANZ.AX vs. VHYAX - Volatility Comparison

ANZ Group Holdings Limited (ANZ.AX) has a higher volatility of 6.36% compared to Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) at 2.64%. This indicates that ANZ.AX's price experiences larger fluctuations and is considered to be riskier than VHYAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ANZ.AX	VHYAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.36%	2.64%	+3.72%
Volatility (6M) Calculated over the trailing 6-month period	16.83%	7.42%	+9.41%
Volatility (1Y) Calculated over the trailing 1-year period	21.29%	9.59%	+11.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.95%	12.60%	+6.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.93%	16.40%	+6.53%

Dividends

ANZ.AX vs. VHYAX - Dividend Comparison

ANZ.AX's dividend yield for the trailing twelve months is around 4.81%, more than VHYAX's 2.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ANZ.AX ANZ Group Holdings Limited	4.81%	4.57%	5.82%	6.75%	6.17%	4.85%	2.24%	5.51%	5.54%	4.72%	3.24%	0.00%
VHYAX Vanguard High Dividend Yield Index Fund Admiral Shares	2.17%	2.42%	2.72%	3.09%	2.98%	2.74%	3.16%	3.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ANZ.AX and VHYAX in my portfolio?

ANZ.AX and VHYAX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.