MVO vs. VWEAX
MVO (MV Oil Trust) is a stock, while VWEAX (Vanguard High-Yield Corporate Fund Admiral Shares) is High Yield Bonds fund actively managed by Vanguard. Over the past 10 years, MVO returned 3.28%/yr vs 4.94%/yr for VWEAX. Their 0.14 correlation means their historical movements had little consistent relationship.
Performance
MVO vs. VWEAX - Performance Comparison
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Returns By Period
In the year-to-date period, MVO achieves a 90.68% return, which is significantly higher than VWEAX's 0.81% return. Over the past 10 years, MVO has underperformed VWEAX with an annualized return of 3.28%, while VWEAX has yielded a comparatively higher 4.94% annualized return.
MVO
- 1D
- 0.00%
- 1M
- 24.92%
- 6M
- 43.85%
- YTD
- 90.68%
- 1Y
- -56.37%
- 3Y*
- -35.28%
- 5Y*
- -9.24%
- 10Y*
- 3.28%
- ALL TIME*
- 0.09%
VWEAX
- 1D
- 0.18%
- 1M
- -0.73%
- 6M
- 0.65%
- YTD
- 0.81%
- 1Y
- 4.62%
- 3Y*
- 7.57%
- 5Y*
- 3.82%
- 10Y*
- 4.94%
- ALL TIME*
- 5.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
MVO MV Oil Trust | $197.49K | $403.62K | $333.85K |
| $0.00 | $0.00 | $0.00 |
MVO vs. VWEAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MVO MV Oil Trust | 90.68% | -82.24% | -22.69% | -18.19% | 123.83% | 225.88% | -44.46% | 2.30% | -4.24% | 51.17% |
VWEAX Vanguard High-Yield Corporate Fund Admiral Shares | 0.81% | 9.49% | 6.42% | 11.79% | -8.95% | 3.04% | 5.41% | 15.92% | -2.80% | 7.17% |
Correlation
The correlation between MVO and VWEAX is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.02 |
Correlation (3Y) Balances recent behavior with more history. | 0.02 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.06 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jan 19, 2007 | 0.14 |
The correlation between MVO and VWEAX shifts across timeframes, from 0.02 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MVO vs. VWEAX — Risk / Return Rank
MVO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VWEAX
MVO vs. VWEAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MV Oil Trust (MVO) and Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX). 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.
| MVO | VWEAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.83 | ||
| Sortino ratioReturn per unit of downside risk | -1.77 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.37 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | 2.06 | -2.74 |
| Martin ratioReturn relative to average drawdown | -1.02 | 9.91 | -10.93 |
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Drawdowns
MVO vs. VWEAX - Drawdown Comparison
The maximum MVO drawdown since its inception was -92.18%, which is greater than VWEAX's maximum drawdown of -30.05%. Use the drawdown chart below to compare losses from any high point for MVO and VWEAX.
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Drawdown Indicators
| MVO | VWEAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.18% | -30.05% | -62.13% |
Max Drawdown (1Y)Largest decline over 1 year | -85.51% | -2.52% | -82.99% |
Max Drawdown (3Y)Largest decline over 3 years | -91.39% | -3.32% | -88.07% |
Max Drawdown (5Y)Largest decline over 5 years | -92.18% | -13.77% | -78.41% |
Max Drawdown (10Y)Largest decline over 10 years | -92.18% | -19.68% | -72.50% |
Current DrawdownCurrent decline from peak | -78.58% | -0.91% | -77.67% |
Average DrawdownAverage peak-to-trough decline | -41.43% | -2.11% | -39.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 56.57% | 0.52% | +56.05% |
Volatility
MVO vs. VWEAX - Volatility Comparison
MV Oil Trust (MVO) has a higher volatility of 128.68% compared to Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) at 0.68%. This indicates that MVO's price experiences larger fluctuations and is considered to be riskier than VWEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MVO | VWEAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 128.68% | 0.68% | +128.00% |
Volatility (6M)Calculated over the trailing 6-month period | 149.47% | 2.69% | +146.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 221.47% | 3.32% | +218.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 108.19% | 4.93% | +103.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 88.03% | 5.25% | +82.78% |
Dividends
MVO vs. VWEAX - Dividend Comparison
MVO has not paid dividends to shareholders, while VWEAX's dividend yield for the trailing twelve months is around 5.87%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MVO MV Oil Trust | 186.20% | 72.98% | 19.12% | 12.15% | 13.59% | 11.16% | 15.71% | 16.75% | 20.29% | 8.57% | 6.42% | 26.18% |
VWEAX Vanguard High-Yield Corporate Fund Admiral Shares | 5.87% | 6.25% | 6.20% | 5.79% | 5.21% | 3.49% | 4.71% | 5.33% | 6.07% | 5.39% | 5.51% | 6.53% |
Frequently Asked Questions
MVO and VWEAX have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MVO has higher volatility (128.68%) compared to VWEAX (0.68%). In terms of maximum drawdown, MVO dropped -92.18% vs VWEAX's -30.05%.
VWEAX currently has the higher Sharpe Ratio (1.57 vs -0.26), 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.
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