FPACX vs. VHT
Compare and contrast key facts about FPA Crescent Fund (FPACX) and Vanguard Health Care ETF (VHT).
FPACX is managed by FPA. It was launched on Jun 1, 1993. VHT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Health Care 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPACX or VHT.
Correlation
The correlation between FPACX and VHT 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
FPACX vs. VHT - Performance Comparison
Key characteristics
FPACX:
1.16
VHT:
0.41
FPACX:
1.49
VHT:
0.64
FPACX:
1.23
VHT:
1.08
FPACX:
1.64
VHT:
0.38
FPACX:
5.57
VHT:
1.06
FPACX:
2.06%
VHT:
4.44%
FPACX:
9.85%
VHT:
11.44%
FPACX:
-35.01%
VHT:
-39.12%
FPACX:
-3.98%
VHT:
-7.93%
Returns By Period
In the year-to-date period, FPACX achieves a 2.36% return, which is significantly lower than VHT's 3.75% return. Over the past 10 years, FPACX has underperformed VHT with an annualized return of 3.08%, while VHT has yielded a comparatively higher 8.84% annualized return.
FPACX
2.36%
2.59%
1.20%
10.33%
4.59%
3.08%
VHT
3.75%
3.67%
-2.80%
4.07%
7.56%
8.84%
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FPACX vs. VHT - Expense Ratio Comparison
FPACX has a 1.00% expense ratio, which is higher than VHT's 0.10% expense ratio.
Risk-Adjusted Performance
FPACX vs. VHT — Risk-Adjusted Performance Rank
FPACX
VHT
FPACX vs. VHT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FPA Crescent Fund (FPACX) and Vanguard Health Care ETF (VHT). 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
FPACX vs. VHT - Dividend Comparison
FPACX's dividend yield for the trailing twelve months is around 3.04%, more than VHT's 1.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPACX FPA Crescent Fund | 3.04% | 3.12% | 0.12% | 0.05% | 0.78% | 0.30% | 2.36% | 0.71% | 0.98% | 0.89% | 1.00% | 0.92% |
VHT Vanguard Health Care ETF | 1.47% | 1.53% | 1.36% | 1.33% | 1.14% | 1.21% | 1.89% | 1.38% | 1.31% | 1.45% | 1.22% | 1.02% |
Drawdowns
FPACX vs. VHT - Drawdown Comparison
The maximum FPACX drawdown since its inception was -35.01%, smaller than the maximum VHT drawdown of -39.12%. Use the drawdown chart below to compare losses from any high point for FPACX and VHT. For additional features, visit the drawdowns tool.
Volatility
FPACX vs. VHT - Volatility Comparison
FPA Crescent Fund (FPACX) has a higher volatility of 5.45% compared to Vanguard Health Care ETF (VHT) at 4.16%. This indicates that FPACX's price experiences larger fluctuations and is considered to be riskier than VHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.