CIK vs. VWEAX

Last updated Jun 4, 2026

CIK (Credit Suisse Asset Management Income Fund) and VWEAX (Vanguard High-Yield Corporate Fund Admiral Shares) are both High Yield Bonds funds. Over the past 10 years, CIK returned 7.52%/yr vs 5.26%/yr for VWEAX. At a 0.27 correlation, their price movements are largely independent. CIK charges 1.50%/yr vs 0.13%/yr for VWEAX.

Performance

CIK vs. VWEAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Credit Suisse Asset Management Income Fund (CIK) and Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CIK achieves a -8.49% return, which is significantly lower than VWEAX's 1.20% return. Over the past 10 years, CIK has outperformed VWEAX with an annualized return of 7.52%, while VWEAX has yielded a comparatively lower 5.26% annualized return.

CIK

• 1D: -1.58%
• 1M: -2.72%
• YTD: -8.49%
• 6M: -7.42%
• 1Y: -4.73%
• 3Y*: 5.63%
• 5Y*: 2.13%
• 10Y*: 7.52%

VWEAX

• 1D: 0.00%
• 1M: 0.54%
• YTD: 1.20%
• 6M: 1.91%
• 1Y: 7.12%
• 3Y*: 8.28%
• 5Y*: 4.19%
• 10Y*: 5.26%

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

CIK vs. VWEAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CIK Credit Suisse Asset Management Income Fund	-8.49%	7.53%	1.01%	36.79%	-19.19%	17.88%	7.39%	26.82%	-8.94%	13.39%
VWEAX Vanguard High-Yield Corporate Fund Admiral Shares	1.20%	9.49%	6.42%	11.79%	-8.95%	3.04%	5.41%	15.92%	-2.80%	7.17%

Correlation

The correlation between CIK and VWEAX is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since Nov 13, 2001	0.27

The correlation between CIK and VWEAX shifts across timeframes, from 0.27 (all time) to 0.38 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

CIK vs. VWEAX — Risk / Return Rank

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

CIK

CIK Risk / Return Rank: 1
CIK Sharpe Ratio Rank: 1
CIK Sortino Ratio Rank: 1
CIK Omega Ratio Rank: 1
CIK Calmar Ratio Rank: 1
CIK Martin Ratio Rank: 1

VWEAX

VWEAX Risk / Return Rank: 70
VWEAX Sharpe Ratio Rank: 56
VWEAX Sortino Ratio Rank: 81
VWEAX Omega Ratio Rank: 83
VWEAX Calmar Ratio Rank: 55
VWEAX Martin Ratio Rank: 77

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.

CIK vs. VWEAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Credit Suisse Asset Management Income Fund (CIK) and Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX). 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.

	CIK	VWEAX	Difference
Sharpe ratio: Return per unit of total volatility	-0.42	2.20	-2.62
Sortino ratio: Return per unit of downside risk	-0.55	3.81	-4.36
Omega ratio: Gain probability vs. loss probability	0.93	1.55	-0.62
Calmar ratio: Return relative to maximum drawdown	-0.31	2.83	-3.14
Martin ratio: Return relative to average drawdown	-0.71	14.47	-15.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CIK vs. VWEAX - Sharpe Ratio Comparison

The current CIK Sharpe Ratio is -0.42, which is lower than the VWEAX Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of CIK and VWEAX, 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

	CIK	VWEAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.42	2.20	-2.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.13	0.86	-0.72
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	1.00	-0.56
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	1.23	-1.01

Drawdowns

CIK vs. VWEAX - Drawdown Comparison

The maximum CIK drawdown since its inception was -54.81%, which is greater than VWEAX's maximum drawdown of -30.05%. Use the drawdown chart below to compare losses from any high point for CIK and VWEAX.

Drawdown Indicators

	CIK	VWEAX	Difference
Max Drawdown Largest peak-to-trough decline	-54.81%	-30.05%	-24.76%
Max Drawdown (1Y) Largest decline over 1 year	-15.49%	-2.52%	-12.97%
Max Drawdown (3Y) Largest decline over 3 years	-15.66%	-3.32%	-12.34%
Max Drawdown (5Y) Largest decline over 5 years	-26.22%	-13.77%	-12.45%
Max Drawdown (10Y) Largest decline over 10 years	-39.15%	-19.68%	-19.47%
Current Drawdown Current decline from peak	-12.76%	0.00%	-12.76%
Average Drawdown Average peak-to-trough decline	-13.33%	-2.12%	-11.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.63%	0.49%	+6.14%

Volatility

CIK vs. VWEAX - Volatility Comparison

Credit Suisse Asset Management Income Fund (CIK) has a higher volatility of 3.38% compared to Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) at 0.98%. This indicates that CIK's price experiences larger fluctuations and is considered to be riskier than VWEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CIK	VWEAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.38%	0.98%	+2.40%
Volatility (6M) Calculated over the trailing 6-month period	8.83%	2.56%	+6.27%
Volatility (1Y) Calculated over the trailing 1-year period	11.26%	3.25%	+8.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.02%	4.91%	+11.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.29%	5.28%	+12.01%

CIK vs. VWEAX - Expense Ratio Comparison

CIK has a 1.50% expense ratio, which is higher than VWEAX's 0.13% expense ratio.

Dividends

CIK vs. VWEAX - Dividend Comparison

CIK's dividend yield for the trailing twelve months is around 10.54%, more than VWEAX's 6.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CIK Credit Suisse Asset Management Income Fund	10.54%	9.54%	9.34%	8.63%	10.71%	7.87%	8.57%	8.39%	9.64%	7.98%	8.35%	9.50%
VWEAX Vanguard High-Yield Corporate Fund Admiral Shares	6.36%	6.25%	6.20%	5.79%	5.21%	3.49%	4.71%	5.33%	6.07%	5.39%	5.51%	6.53%

Frequently Asked Questions

Can I hold both CIK and VWEAX in my portfolio?

CIK and VWEAX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CIK or VWEAX?

CIK has higher volatility (3.38%) compared to VWEAX (0.98%). In terms of maximum drawdown, CIK dropped -54.81% vs VWEAX's -30.05%.

Which has better risk-adjusted returns?

VWEAX currently has the higher Sharpe Ratio (2.20 vs -0.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.