GM vs. VGHCX

Last updated Jun 23, 2026

GM (General Motors Company) is a stock, while VGHCX (Vanguard Health Care Fund Investor Shares) is Health & Biotech Equities fund actively managed by Vanguard. Over the past 10 years, GM returned 13.20%/yr vs 9.42%/yr for VGHCX. At a 0.42 correlation, their price movements are largely independent.

Performance

GM vs. VGHCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in General Motors Company (GM) and Vanguard Health Care Fund Investor Shares (VGHCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GM achieves a -0.65% return, which is significantly higher than VGHCX's -1.85% return. Over the past 10 years, GM has outperformed VGHCX with an annualized return of 13.20%, while VGHCX has yielded a comparatively lower 9.42% annualized return.

GM

• 1D: 1.44%
• 1M: 2.30%
• YTD: -0.65%
• 6M: -2.69%
• 1Y: 68.39%
• 3Y*: 31.86%
• 5Y*: 6.85%
• 10Y*: 13.20%

VGHCX

• 1D: -0.50%
• 1M: -0.39%
• YTD: -1.85%
• 6M: -2.28%
• 1Y: 21.03%
• 3Y*: 8.94%
• 5Y*: 6.85%
• 10Y*: 9.42%

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

GM vs. VGHCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GM General Motors Company	-0.65%	54.24%	49.84%	7.92%	-42.36%	40.80%	15.16%	14.02%	-15.06%	22.51%
VGHCX Vanguard Health Care Fund Investor Shares	-1.85%	19.63%	8.99%	5.46%	-1.05%	14.36%	12.57%	22.93%	1.03%	19.59%

Correlation

The correlation between GM and VGHCX is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (10Y) Calculated over the trailing 10-year period	0.38
Correlation (All Time) Calculated using the full available price history since Nov 18, 2010	0.42

Return for Risk

GM vs. VGHCX — Risk / Return Rank

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

GM

GM Risk / Return Rank: 89
GM Sharpe Ratio Rank: 88
GM Sortino Ratio Rank: 88
GM Omega Ratio Rank: 87
GM Calmar Ratio Rank: 90
GM Martin Ratio Rank: 89

VGHCX

VGHCX Risk / Return Rank: 29
VGHCX Sharpe Ratio Rank: 25
VGHCX Sortino Ratio Rank: 29
VGHCX Omega Ratio Rank: 24
VGHCX Calmar Ratio Rank: 37
VGHCX Martin Ratio Rank: 27

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.

GM vs. VGHCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for General Motors Company (GM) and Vanguard Health Care Fund Investor Shares (VGHCX). 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.

	GM	VGHCX	Difference
Sharpe ratio: Return per unit of total volatility	1.96	1.35	+0.61
Sortino ratio: Return per unit of downside risk	2.91	2.09	+0.82
Omega ratio: Gain probability vs. loss probability	1.38	1.24	+0.14
Calmar ratio: Return relative to maximum drawdown	4.30	2.20	+2.10
Martin ratio: Return relative to average drawdown	10.51	5.88	+4.63

GM vs. VGHCX - Sharpe Ratio Comparison

The current GM Sharpe Ratio is 1.96, which is higher than the VGHCX Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of GM and VGHCX, 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

GM vs. VGHCX - Drawdown Comparison

The maximum GM drawdown since its inception was -59.96%, which is greater than VGHCX's maximum drawdown of -36.93%. Use the drawdown chart below to compare losses from any high point for GM and VGHCX.

Drawdown Indicators

	GM	VGHCX	Difference
Max Drawdown Largest peak-to-trough decline	-59.96%	-36.93%	-23.03%
Max Drawdown (1Y) Largest decline over 1 year	-16.00%	-9.20%	-6.80%
Max Drawdown (3Y) Largest decline over 3 years	-34.02%	-16.08%	-17.94%
Max Drawdown (5Y) Largest decline over 5 years	-58.96%	-16.95%	-42.01%
Max Drawdown (10Y) Largest decline over 10 years	-59.96%	-27.18%	-32.78%
Current Drawdown Current decline from peak	-6.47%	-4.87%	-1.60%
Average Drawdown Average peak-to-trough decline	-21.49%	-5.24%	-16.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.53%	3.43%	+3.10%

Volatility

GM vs. VGHCX - Volatility Comparison

General Motors Company (GM) has a higher volatility of 10.61% compared to Vanguard Health Care Fund Investor Shares (VGHCX) at 4.69%. This indicates that GM's price experiences larger fluctuations and is considered to be riskier than VGHCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GM	VGHCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.61%	4.69%	+5.92%
Volatility (6M) Calculated over the trailing 6-month period	24.30%	10.62%	+13.68%
Volatility (1Y) Calculated over the trailing 1-year period	35.14%	14.92%	+20.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.71%	18.24%	+18.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.00%	17.65%	+19.35%

Dividends

GM vs. VGHCX - Dividend Comparison

GM's dividend yield for the trailing twelve months is around 0.82%, less than VGHCX's 6.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GM General Motors Company	0.82%	0.70%	0.90%	1.00%	0.54%	0.00%	0.91%	4.15%	4.54%	3.71%	4.36%	4.06%
VGHCX Vanguard Health Care Fund Investor Shares	6.73%	6.00%	22.72%	7.17%	5.44%	8.31%	7.96%	11.82%	9.10%	7.30%	8.54%	8.16%

Frequently Asked Questions

Can I hold both GM and VGHCX in my portfolio?

GM and VGHCX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GM or VGHCX?

GM has higher volatility (10.61%) compared to VGHCX (4.69%). In terms of maximum drawdown, GM dropped -59.96% vs VGHCX's -36.93%.

Which has better risk-adjusted returns?

GM currently has the higher Sharpe Ratio (1.96 vs 1.35), 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.