BLX vs. VWAHX
Compare and contrast key facts about Banco Latinoamericano de Comercio Exterior, S.A (BLX) and Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX).
VWAHX is managed by Vanguard. It was launched on Dec 27, 1978.
Performance
BLX vs. VWAHX - Performance Comparison
Loading graphics...
BLX vs. VWAHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BLX Banco Latinoamericano de Comercio Exterior, S.A | 17.18% | 33.06% | 53.73% | 60.61% | 4.31% | 11.50% | -19.47% | 33.06% | -31.32% | -3.40% |
VWAHX Vanguard High-Yield Tax-Exempt Fund Investor Shares | -0.27% | 4.96% | 3.98% | 8.39% | -11.76% | 3.36% | 5.39% | 9.48% | 1.31% | 7.86% |
Returns By Period
In the year-to-date period, BLX achieves a 17.18% return, which is significantly higher than VWAHX's -0.27% return. Over the past 10 years, BLX has outperformed VWAHX with an annualized return of 15.06%, while VWAHX has yielded a comparatively lower 2.99% annualized return.
BLX
- 1D
- 0.90%
- 1M
- 2.57%
- YTD
- 17.18%
- 6M
- 16.29%
- 1Y
- 48.34%
- 3Y*
- 52.40%
- 5Y*
- 35.61%
- 10Y*
- 15.06%
VWAHX
- 1D
- 0.38%
- 1M
- -2.23%
- YTD
- -0.27%
- 6M
- 1.32%
- 1Y
- 3.98%
- 3Y*
- 4.54%
- 5Y*
- 1.48%
- 10Y*
- 2.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BLX vs. VWAHX — Risk / Return Rank
BLX
VWAHX
BLX vs. VWAHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Banco Latinoamericano de Comercio Exterior, S.A (BLX) and Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX). 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.
| BLX | VWAHX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.99 | 0.78 | +1.21 |
Sortino ratioReturn per unit of downside risk | 2.72 | 1.06 | +1.66 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.22 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 3.96 | 0.95 | +3.01 |
Martin ratioReturn relative to average drawdown | 10.32 | 2.94 | +7.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BLX | VWAHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.99 | 0.78 | +1.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.40 | 0.31 | +1.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.65 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.64 | -0.43 |
Correlation
The correlation between BLX and VWAHX is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
BLX vs. VWAHX - Dividend Comparison
BLX's dividend yield for the trailing twelve months is around 4.97%, more than VWAHX's 4.06% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLX Banco Latinoamericano de Comercio Exterior, S.A | 4.97% | 5.61% | 5.62% | 4.04% | 6.17% | 6.02% | 7.17% | 7.20% | 8.90% | 5.72% | 5.23% | 4.96% |
VWAHX Vanguard High-Yield Tax-Exempt Fund Investor Shares | 4.06% | 4.95% | 4.38% | 3.53% | 3.36% | 2.98% | 3.31% | 3.94% | 3.78% | 3.68% | 3.75% | 3.67% |
Drawdowns
BLX vs. VWAHX - Drawdown Comparison
The maximum BLX drawdown since its inception was -95.88%, which is greater than VWAHX's maximum drawdown of -40.26%. Use the drawdown chart below to compare losses from any high point for BLX and VWAHX.
Loading graphics...
Drawdown Indicators
| BLX | VWAHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.88% | -40.26% | -55.62% |
Max Drawdown (1Y)Largest decline over 1 year | -12.42% | -5.63% | -6.79% |
Max Drawdown (5Y)Largest decline over 5 years | -30.88% | -17.32% | -13.56% |
Max Drawdown (10Y)Largest decline over 10 years | -68.51% | -17.32% | -51.19% |
Current DrawdownCurrent decline from peak | 0.00% | -2.50% | +2.50% |
Average DrawdownAverage peak-to-trough decline | -33.08% | -6.95% | -26.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.76% | 1.82% | +2.94% |
Volatility
BLX vs. VWAHX - Volatility Comparison
Banco Latinoamericano de Comercio Exterior, S.A (BLX) has a higher volatility of 6.62% compared to Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX) at 1.29%. This indicates that BLX's price experiences larger fluctuations and is considered to be riskier than VWAHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BLX | VWAHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.62% | 1.29% | +5.33% |
Volatility (6M)Calculated over the trailing 6-month period | 15.57% | 1.99% | +13.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.43% | 5.70% | +18.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.58% | 4.75% | +20.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.12% | 4.61% | +27.51% |