Correlation
The correlation between BLX and VWAHX is -0.02. 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.
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLX or VWAHX.
Performance
BLX vs. VWAHX - Performance Comparison
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Key characteristics
BLX:
1.71
VWAHX:
0.29
BLX:
2.32
VWAHX:
0.31
BLX:
1.29
VWAHX:
1.05
BLX:
2.21
VWAHX:
0.20
BLX:
7.32
VWAHX:
0.64
BLX:
6.33%
VWAHX:
2.08%
BLX:
28.80%
VWAHX:
6.25%
BLX:
-95.52%
VWAHX:
-17.31%
BLX:
-0.38%
VWAHX:
-4.05%
Returns By Period
In the year-to-date period, BLX achieves a 20.52% return, which is significantly higher than VWAHX's -2.11% return. Over the past 10 years, BLX has outperformed VWAHX with an annualized return of 10.13%, while VWAHX has yielded a comparatively lower 2.84% annualized return.
BLX
20.52%
7.63%
28.47%
48.90%
50.89%
37.04%
10.13%
VWAHX
-2.11%
0.05%
-3.13%
1.80%
2.13%
1.60%
2.84%
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Risk-Adjusted Performance
BLX vs. VWAHX — Risk-Adjusted Performance Rank
BLX
VWAHX
BLX vs. VWAHX - Risk-Adjusted Performance 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.
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Dividends
BLX vs. VWAHX - Dividend Comparison
BLX's dividend yield for the trailing twelve months is around 5.42%, more than VWAHX's 3.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLX Banco Latinoamericano de Comercio Exterior, S.A | 5.42% | 5.62% | 4.04% | 6.17% | 6.02% | 7.17% | 7.20% | 8.90% | 5.72% | 5.23% | 4.45% | 5.93% |
VWAHX Vanguard High-Yield Tax-Exempt Fund Investor Shares | 3.93% | 3.75% | 3.53% | 3.37% | 3.48% | 3.32% | 3.68% | 3.79% | 3.69% | 3.75% | 3.69% | 3.78% |
Drawdowns
BLX vs. VWAHX - Drawdown Comparison
The maximum BLX drawdown since its inception was -95.52%, which is greater than VWAHX's maximum drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for BLX and VWAHX.
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Volatility
BLX vs. VWAHX - Volatility Comparison
Banco Latinoamericano de Comercio Exterior, S.A (BLX) has a higher volatility of 6.52% compared to Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX) at 1.11%. 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.
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