EALT vs. VIHAX

Last updated Jun 24, 2026

EALT (Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly) and VIHAX (Vanguard International High Dividend Yield Index Fund Admiral Shares) are both funds - EALT is a Options Trading fund actively managed by Innovator, while VIHAX is a Large Cap Value Equities fund managed by Vanguard. Over the past year, EALT returned 10.22% vs 32.05% for VIHAX. A 0.55 correlation means they provide meaningful diversification when combined. EALT charges 0.69%/yr vs 0.22%/yr for VIHAX.

Performance

EALT vs. VIHAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EALT achieves a 1.32% return, which is significantly lower than VIHAX's 12.73% return.

EALT

• 1D: -0.03%
• 1M: 0.58%
• YTD: 1.32%
• 6M: 0.35%
• 1Y: 10.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VIHAX

• 1D: 0.02%
• 1M: 0.80%
• YTD: 12.73%
• 6M: 12.44%
• 1Y: 32.05%
• 3Y*: 22.24%
• 5Y*: 12.86%
• 10Y*: 11.49%

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

EALT vs. VIHAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EALT Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly	1.32%	9.45%	18.02%	6.68%
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares	12.73%	38.01%	6.96%	8.84%

Correlation

The correlation between EALT and VIHAX is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.56
Correlation (All Time) Calculated using the full available price history since Oct 2, 2023	0.55

The correlation between EALT and VIHAX has been stable across timeframes, ranging from 0.55 to 0.56 - a consistent structural relationship.

Return for Risk

EALT vs. VIHAX — Risk / Return Rank

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

EALT

EALT Risk / Return Rank: 39
EALT Sharpe Ratio Rank: 42
EALT Sortino Ratio Rank: 38
EALT Omega Ratio Rank: 43
EALT Calmar Ratio Rank: 33
EALT Martin Ratio Rank: 40

VIHAX

VIHAX Risk / Return Rank: 82
VIHAX Sharpe Ratio Rank: 89
VIHAX Sortino Ratio Rank: 84
VIHAX Omega Ratio Rank: 82
VIHAX Calmar Ratio Rank: 80
VIHAX Martin Ratio Rank: 74

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.

EALT vs. VIHAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX). 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.

	EALT	VIHAX	Difference
Sharpe ratio: Return per unit of total volatility	1.39	2.71	-1.33
Sortino ratio: Return per unit of downside risk	1.91	3.70	-1.80
Omega ratio: Gain probability vs. loss probability	1.26	1.50	-0.24
Calmar ratio: Return relative to maximum drawdown	1.54	3.44	-1.90
Martin ratio: Return relative to average drawdown	5.81	13.11	-7.29

EALT vs. VIHAX - Sharpe Ratio Comparison

The current EALT Sharpe Ratio is 1.39, which is lower than the VIHAX Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of EALT and VIHAX, 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

EALT vs. VIHAX - Drawdown Comparison

The maximum EALT drawdown since its inception was -14.76%, smaller than the maximum VIHAX drawdown of -38.80%. Use the drawdown chart below to compare losses from any high point for EALT and VIHAX.

Drawdown Indicators

	EALT	VIHAX	Difference
Max Drawdown Largest peak-to-trough decline	-14.76%	-38.80%	+24.04%
Max Drawdown (1Y) Largest decline over 1 year	-6.66%	-9.53%	+2.87%
Max Drawdown (3Y) Largest decline over 3 years	—	-12.29%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.92%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-38.80%	—
Current Drawdown Current decline from peak	-0.43%	-0.84%	+0.41%
Average Drawdown Average peak-to-trough decline	-1.62%	-5.99%	+4.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.76%	2.50%	-0.74%

Volatility

EALT vs. VIHAX - Volatility Comparison

The current volatility for Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) is 0.55%, while Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX) has a volatility of 3.43%. This indicates that EALT experiences smaller price fluctuations and is considered to be less risky than VIHAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EALT	VIHAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.55%	3.43%	-2.88%
Volatility (6M) Calculated over the trailing 6-month period	5.17%	9.98%	-4.81%
Volatility (1Y) Calculated over the trailing 1-year period	7.41%	12.11%	-4.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.97%	13.77%	-3.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.97%	15.84%	-5.87%

EALT vs. VIHAX - Expense Ratio Comparison

EALT has a 0.69% expense ratio, which is higher than VIHAX's 0.22% expense ratio.

Dividends

EALT vs. VIHAX - Dividend Comparison

EALT has not paid dividends to shareholders, while VIHAX's dividend yield for the trailing twelve months is around 3.59%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
EALT Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares	3.59%	3.69%	4.85%	4.58%	4.70%	4.30%	3.22%	5.63%	4.28%	3.16%	2.37%

Frequently Asked Questions

Can I hold both EALT and VIHAX in my portfolio?

EALT and VIHAX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EALT or VIHAX?

VIHAX has higher volatility (3.43%) compared to EALT (0.55%). In terms of maximum drawdown, EALT dropped -14.76% vs VIHAX's -38.80%.

Which has better risk-adjusted returns?

VIHAX currently has the higher Sharpe Ratio (2.71 vs 1.39), 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.