HLMIX vs. VMGAX
Compare and contrast key facts about Harding Loevner International Equity Portfolio (HLMIX) and Vanguard Mega Cap Growth Index Fund Institutional Shares (VMGAX).
HLMIX is managed by Harding Loevner. It was launched on May 10, 1994. VMGAX is managed by Vanguard. It was launched on Apr 3, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HLMIX or VMGAX.
Key characteristics
| HLMIX | VMGAX | |
|---|---|---|
| YTD Return | 5.86% | 31.46% |
| 1Y Return | 15.31% | 40.72% |
| 3Y Return (Ann) | -2.08% | 10.26% |
| 5Y Return (Ann) | 5.31% | 20.52% |
| 10Y Return (Ann) | 5.59% | 16.60% |
| Sharpe Ratio | 1.28 | 2.51 |
| Sortino Ratio | 1.87 | 3.23 |
| Omega Ratio | 1.23 | 1.45 |
| Calmar Ratio | 0.79 | 3.21 |
| Martin Ratio | 6.16 | 12.24 |
| Ulcer Index | 2.58% | 3.56% |
| Daily Std Dev | 12.38% | 17.29% |
| Max Drawdown | -65.37% | -48.61% |
| Current Drawdown | -7.71% | 0.00% |
Correlation
The correlation between HLMIX and VMGAX is 0.76, 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
HLMIX vs. VMGAX - Performance Comparison
In the year-to-date period, HLMIX achieves a 5.86% return, which is significantly lower than VMGAX's 31.46% return. Over the past 10 years, HLMIX has underperformed VMGAX with an annualized return of 5.59%, while VMGAX has yielded a comparatively higher 16.60% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HLMIX vs. VMGAX - Expense Ratio Comparison
HLMIX has a 0.79% expense ratio, which is higher than VMGAX's 0.06% expense ratio.
Risk-Adjusted Performance
HLMIX vs. VMGAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Harding Loevner International Equity Portfolio (HLMIX) and Vanguard Mega Cap Growth Index Fund Institutional Shares (VMGAX). 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
HLMIX vs. VMGAX - Dividend Comparison
HLMIX's dividend yield for the trailing twelve months is around 1.88%, more than VMGAX's 0.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLMIX Harding Loevner International Equity Portfolio | 1.88% | 1.99% | 2.51% | 1.41% | 0.75% | 1.59% | 1.50% | 0.87% | 0.98% | 1.02% | 1.03% | 0.79% |
VMGAX Vanguard Mega Cap Growth Index Fund Institutional Shares | 0.42% | 0.51% | 0.71% | 0.42% | 0.65% | 0.86% | 1.13% | 1.23% | 1.53% | 1.44% | 1.25% | 1.31% |
Drawdowns
HLMIX vs. VMGAX - Drawdown Comparison
The maximum HLMIX drawdown since its inception was -65.37%, which is greater than VMGAX's maximum drawdown of -48.61%. Use the drawdown chart below to compare losses from any high point for HLMIX and VMGAX. For additional features, visit the drawdowns tool.
Volatility
HLMIX vs. VMGAX - Volatility Comparison
The current volatility for Harding Loevner International Equity Portfolio (HLMIX) is 3.94%, while Vanguard Mega Cap Growth Index Fund Institutional Shares (VMGAX) has a volatility of 5.18%. This indicates that HLMIX experiences smaller price fluctuations and is considered to be less risky than VMGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.