CWH vs. VTWAX

Last updated Jul 14, 2026

CWH (Camping World Holdings, Inc.) is a stock, while VTWAX (Vanguard Total World Stock Index Fund Admiral Shares) is Global Equities fund tracking the FTSE Global All Cap Index. Over the past 5 years, CWH returned -27.26%/yr vs 10.74%/yr for VTWAX. At a 0.47 correlation, their price movements are largely independent.

Performance

CWH vs. VTWAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Camping World Holdings, Inc. (CWH) and Vanguard Total World Stock Index Fund Admiral Shares (VTWAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CWH achieves a -36.90% return, which is significantly lower than VTWAX's 12.30% return.

CWH

• 1D: -1.29%
• 1M: -23.06%
• 6M: -47.97%
• YTD: -36.90%
• 1Y: -65.78%
• 3Y*: -40.76%
• 5Y*: -27.26%
• 10Y*: —

VTWAX

• 1D: 0.36%
• 1M: 1.15%
• 6M: 9.15%
• YTD: 12.30%
• 1Y: 23.98%
• 3Y*: 19.82%
• 5Y*: 10.74%
• 10Y*: —

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

CWH vs. VTWAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
CWH Camping World Holdings, Inc.	-36.90%	-52.24%	-17.93%	25.13%	-39.63%	61.88%	90.21%	10.42%
VTWAX Vanguard Total World Stock Index Fund Admiral Shares	12.30%	22.43%	16.43%	21.85%	-18.02%	18.17%	16.67%	17.53%

Correlation

The correlation between CWH and VTWAX is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (All Time) Calculated using the full available price history since Feb 7, 2019	0.47

Return for Risk

CWH vs. VTWAX — Risk / Return Rank

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

CWH

CWH Risk / Return Rank: 6
CWH Sharpe Ratio Rank: 7
CWH Sortino Ratio Rank: 7
CWH Omega Ratio Rank: 8
CWH Calmar Ratio Rank: 4
CWH Martin Ratio Rank: 7

VTWAX

VTWAX Risk / Return Rank: 63
VTWAX Sharpe Ratio Rank: 63
VTWAX Sortino Ratio Rank: 59
VTWAX Omega Ratio Rank: 61
VTWAX Calmar Ratio Rank: 63
VTWAX Martin Ratio Rank: 71

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.

CWH vs. VTWAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Camping World Holdings, Inc. (CWH) and Vanguard Total World Stock Index Fund Admiral Shares (VTWAX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CWH	VTWAX	Difference
Sharpe ratio: Return per unit of total volatility	-0.91	1.76	-2.68
Sortino ratio: Return per unit of downside risk	-1.49	2.44	-3.93
Omega ratio: Gain probability vs. loss probability	0.82	1.32	-0.50
Calmar ratio: Return relative to maximum drawdown	-0.95	2.43	-3.39
Martin ratio: Return relative to average drawdown	-1.48	10.42	-11.90

CWH vs. VTWAX - Sharpe Ratio Comparison

The current CWH Sharpe Ratio is -0.91, which is lower than the VTWAX Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of CWH and VTWAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CWH vs. VTWAX - Drawdown Comparison

The maximum CWH drawdown since its inception was -90.83%, which is greater than VTWAX's maximum drawdown of -34.20%. Use the drawdown chart below to compare losses from any high point for CWH and VTWAX.

Drawdown Indicators

	CWH	VTWAX	Difference
Max Drawdown Largest peak-to-trough decline	-90.83%	-34.20%	-56.63%
Max Drawdown (1Y) Largest decline over 1 year	-69.05%	-9.64%	-59.41%
Max Drawdown (3Y) Largest decline over 3 years	-80.90%	-16.43%	-64.47%
Max Drawdown (5Y) Largest decline over 5 years	-84.22%	-26.40%	-57.82%
Current Drawdown Current decline from peak	-83.82%	-0.75%	-83.07%
Average Drawdown Average peak-to-trough decline	-41.70%	-5.25%	-36.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	44.54%	2.25%	+42.29%

Volatility

CWH vs. VTWAX - Volatility Comparison

Camping World Holdings, Inc. (CWH) has a higher volatility of 19.04% compared to Vanguard Total World Stock Index Fund Admiral Shares (VTWAX) at 4.86%. This indicates that CWH's price experiences larger fluctuations and is considered to be riskier than VTWAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CWH	VTWAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.04%	4.86%	+14.18%
Volatility (6M) Calculated over the trailing 6-month period	54.64%	11.09%	+43.55%
Volatility (1Y) Calculated over the trailing 1-year period	72.42%	13.29%	+59.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.47%	15.86%	+39.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.66%	18.19%	+44.47%

Dividends

CWH vs. VTWAX - Dividend Comparison

CWH's dividend yield for the trailing twelve months is around 4.07%, more than VTWAX's 1.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
CWH Camping World Holdings, Inc.	4.07%	5.14%	2.37%	5.71%	11.20%	4.28%	5.67%	4.16%	5.34%	1.66%	0.25%
VTWAX Vanguard Total World Stock Index Fund Admiral Shares	1.55%	1.80%	1.92%	2.06%	2.17%	1.79%	1.64%	2.28%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CWH and VTWAX in my portfolio?

CWH and VTWAX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CWH or VTWAX?

CWH has higher volatility (19.04%) compared to VTWAX (4.86%). In terms of maximum drawdown, CWH dropped -90.83% vs VTWAX's -34.20%.

Which has better risk-adjusted returns?

VTWAX currently has the higher Sharpe Ratio (1.76 vs -0.91), 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.