FAIRX vs. VEIPX
Compare and contrast key facts about Fairholme Fund (FAIRX) and Vanguard Equity Income Fund Investor Shares (VEIPX).
FAIRX is managed by Fairholme. It was launched on Dec 29, 1999. VEIPX is managed by Vanguard. It was launched on Mar 21, 1988.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAIRX or VEIPX.
Correlation
The correlation between FAIRX and VEIPX is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FAIRX vs. VEIPX - Performance Comparison
Key characteristics
FAIRX:
-0.82
VEIPX:
0.10
FAIRX:
-1.08
VEIPX:
0.23
FAIRX:
0.88
VEIPX:
1.04
FAIRX:
-0.63
VEIPX:
0.09
FAIRX:
-1.25
VEIPX:
0.29
FAIRX:
14.03%
VEIPX:
5.84%
FAIRX:
21.48%
VEIPX:
17.67%
FAIRX:
-51.28%
VEIPX:
-56.84%
FAIRX:
-27.56%
VEIPX:
-13.46%
Returns By Period
In the year-to-date period, FAIRX achieves a -6.48% return, which is significantly lower than VEIPX's -2.80% return. Over the past 10 years, FAIRX has underperformed VEIPX with an annualized return of 3.90%, while VEIPX has yielded a comparatively higher 5.37% annualized return.
FAIRX
-6.48%
-9.23%
-21.86%
-17.91%
11.19%
3.90%
VEIPX
-2.80%
-5.25%
-10.68%
-0.02%
8.61%
5.37%
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FAIRX vs. VEIPX - Expense Ratio Comparison
FAIRX has a 1.00% expense ratio, which is higher than VEIPX's 0.28% expense ratio.
Risk-Adjusted Performance
FAIRX vs. VEIPX — Risk-Adjusted Performance Rank
FAIRX
VEIPX
FAIRX vs. VEIPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fairholme Fund (FAIRX) and Vanguard Equity Income Fund Investor Shares (VEIPX). 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
FAIRX vs. VEIPX - Dividend Comparison
FAIRX's dividend yield for the trailing twelve months is around 0.76%, less than VEIPX's 3.01% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAIRX Fairholme Fund | 0.76% | 0.71% | 0.41% | 0.00% | 0.00% | 0.00% | 0.83% | 2.23% | 1.29% | 7.29% | 69.79% | 8.77% |
VEIPX Vanguard Equity Income Fund Investor Shares | 3.01% | 2.81% | 2.94% | 2.93% | 2.40% | 2.62% | 2.63% | 3.15% | 2.45% | 2.74% | 2.96% | 2.69% |
Drawdowns
FAIRX vs. VEIPX - Drawdown Comparison
The maximum FAIRX drawdown since its inception was -51.28%, smaller than the maximum VEIPX drawdown of -56.84%. Use the drawdown chart below to compare losses from any high point for FAIRX and VEIPX. For additional features, visit the drawdowns tool.
Volatility
FAIRX vs. VEIPX - Volatility Comparison
The current volatility for Fairholme Fund (FAIRX) is 9.90%, while Vanguard Equity Income Fund Investor Shares (VEIPX) has a volatility of 11.16%. This indicates that FAIRX experiences smaller price fluctuations and is considered to be less risky than VEIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.