GRSPX vs. VHT
Compare and contrast key facts about Greenspring Fund (GRSPX) and Vanguard Health Care ETF (VHT).
GRSPX is managed by Greenspring. It was launched on Jun 30, 1983. 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: GRSPX or VHT.
Correlation
The correlation between GRSPX and VHT is 0.78, 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
GRSPX vs. VHT - Performance Comparison
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Key characteristics
GRSPX:
0.02
VHT:
-0.24
GRSPX:
0.22
VHT:
-0.14
GRSPX:
1.03
VHT:
0.98
GRSPX:
0.05
VHT:
-0.18
GRSPX:
0.13
VHT:
-0.43
GRSPX:
9.12%
VHT:
6.49%
GRSPX:
19.93%
VHT:
15.41%
GRSPX:
-41.70%
VHT:
-39.12%
GRSPX:
-10.67%
VHT:
-12.65%
Returns By Period
In the year-to-date period, GRSPX achieves a 1.27% return, which is significantly higher than VHT's -1.56% return. Over the past 10 years, GRSPX has underperformed VHT with an annualized return of 1.59%, while VHT has yielded a comparatively higher 7.66% annualized return.
GRSPX
1.27%
11.31%
-10.67%
0.47%
9.69%
1.59%
VHT
-1.56%
0.30%
-9.25%
-3.67%
7.33%
7.66%
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GRSPX vs. VHT - Expense Ratio Comparison
GRSPX has a 1.09% expense ratio, which is higher than VHT's 0.10% expense ratio.
Risk-Adjusted Performance
GRSPX vs. VHT — Risk-Adjusted Performance Rank
GRSPX
VHT
GRSPX vs. VHT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Greenspring Fund (GRSPX) 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.
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Dividends
GRSPX vs. VHT - Dividend Comparison
GRSPX's dividend yield for the trailing twelve months is around 0.43%, less than VHT's 1.60% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
GRSPX Greenspring Fund | 0.43% | 0.44% | 0.90% | 1.24% | 0.41% | 1.46% | 1.60% | 1.97% | 1.75% | 1.33% | 2.39% | 2.81% |
VHT Vanguard Health Care ETF | 1.60% | 1.53% | 1.36% | 1.33% | 1.14% | 1.21% | 1.89% | 1.38% | 1.31% | 1.45% | 1.22% | 1.02% |
Drawdowns
GRSPX vs. VHT - Drawdown Comparison
The maximum GRSPX drawdown since its inception was -41.70%, which is greater than VHT's maximum drawdown of -39.12%. Use the drawdown chart below to compare losses from any high point for GRSPX and VHT. For additional features, visit the drawdowns tool.
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Volatility
GRSPX vs. VHT - Volatility Comparison
The current volatility for Greenspring Fund (GRSPX) is 5.36%, while Vanguard Health Care ETF (VHT) has a volatility of 6.72%. This indicates that GRSPX experiences smaller price fluctuations and is considered to be less risky than VHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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