DHLAX vs. VINIX
Compare and contrast key facts about Diamond Hill Large Cap Fund (DHLAX) and Vanguard Institutional Index Fund Institutional Shares (VINIX).
DHLAX is managed by Diamond Hill. It was launched on Jun 29, 2001. VINIX is managed by Vanguard. It was launched on Jul 31, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DHLAX or VINIX.
Correlation
The correlation between DHLAX and VINIX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DHLAX vs. VINIX - Performance Comparison
Key characteristics
DHLAX:
0.29
VINIX:
0.65
DHLAX:
0.52
VINIX:
1.03
DHLAX:
1.07
VINIX:
1.15
DHLAX:
0.30
VINIX:
0.67
DHLAX:
1.07
VINIX:
2.63
DHLAX:
4.43%
VINIX:
4.83%
DHLAX:
16.61%
VINIX:
19.49%
DHLAX:
-52.68%
VINIX:
-55.19%
DHLAX:
-7.56%
VINIX:
-7.96%
Returns By Period
In the year-to-date period, DHLAX achieves a -1.33% return, which is significantly higher than VINIX's -3.70% return. Over the past 10 years, DHLAX has underperformed VINIX with an annualized return of 8.70%, while VINIX has yielded a comparatively higher 11.04% annualized return.
DHLAX
-1.33%
6.43%
-3.74%
3.71%
13.08%
8.70%
VINIX
-3.70%
11.43%
-1.67%
10.29%
14.35%
11.04%
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DHLAX vs. VINIX - Expense Ratio Comparison
DHLAX has a 0.96% expense ratio, which is higher than VINIX's 0.04% expense ratio.
Risk-Adjusted Performance
DHLAX vs. VINIX — Risk-Adjusted Performance Rank
DHLAX
VINIX
DHLAX vs. VINIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Diamond Hill Large Cap Fund (DHLAX) and Vanguard Institutional Index Fund Institutional Shares (VINIX). 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.
Dividends
DHLAX vs. VINIX - Dividend Comparison
DHLAX's dividend yield for the trailing twelve months is around 1.19%, less than VINIX's 1.37% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHLAX Diamond Hill Large Cap Fund | 1.19% | 1.17% | 0.74% | 1.16% | 0.60% | 0.61% | 0.91% | 1.14% | 0.77% | 1.04% | 0.82% | 0.85% |
VINIX Vanguard Institutional Index Fund Institutional Shares | 1.37% | 1.27% | 1.47% | 1.74% | 1.28% | 1.59% | 1.91% | 2.13% | 1.82% | 2.07% | 2.45% | 1.88% |
Drawdowns
DHLAX vs. VINIX - Drawdown Comparison
The maximum DHLAX drawdown since its inception was -52.68%, roughly equal to the maximum VINIX drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DHLAX and VINIX. For additional features, visit the drawdowns tool.
Volatility
DHLAX vs. VINIX - Volatility Comparison
The current volatility for Diamond Hill Large Cap Fund (DHLAX) is 11.07%, while Vanguard Institutional Index Fund Institutional Shares (VINIX) has a volatility of 13.19%. This indicates that DHLAX experiences smaller price fluctuations and is considered to be less risky than VINIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.