NINDX vs. VWENX

Last updated Jun 3, 2026

NINDX (Columbia Large Cap Index Fund) and VWENX (Vanguard Wellington Fund Admiral Shares) are both mutual funds - NINDX is a Large Cap Blend Equities fund managed by Columbia, while VWENX is a Diversified Portfolio fund managed by Vanguard. Over the past 10 years, NINDX returned 15.41%/yr vs 10.28%/yr for VWENX. With a 0.95 correlation, they move nearly in lockstep. NINDX charges 0.20%/yr vs 0.16%/yr for VWENX.

Performance

NINDX vs. VWENX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Large Cap Index Fund (NINDX) and Vanguard Wellington Fund Admiral Shares (VWENX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NINDX achieves a 11.49% return, which is significantly higher than VWENX's 7.16% return. Over the past 10 years, NINDX has outperformed VWENX with an annualized return of 15.41%, while VWENX has yielded a comparatively lower 10.28% annualized return.

NINDX

• 1D: 0.27%
• 1M: 5.22%
• YTD: 11.49%
• 6M: 11.98%
• 1Y: 29.30%
• 3Y*: 22.49%
• 5Y*: 14.04%
• 10Y*: 15.41%

VWENX

• 1D: 0.07%
• 1M: 3.88%
• YTD: 7.16%
• 6M: 7.40%
• 1Y: 21.14%
• 3Y*: 15.70%
• 5Y*: 9.06%
• 10Y*: 10.28%

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

NINDX vs. VWENX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NINDX Columbia Large Cap Index Fund	11.49%	17.56%	24.83%	26.09%	-18.11%	28.62%	18.10%	31.36%	-4.85%	21.23%
VWENX Vanguard Wellington Fund Admiral Shares	7.16%	16.63%	14.82%	14.40%	-14.31%	19.09%	10.66%	22.61%	-3.35%	14.05%

Correlation

The correlation between NINDX and VWENX is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since May 15, 2001	0.95

The correlation between NINDX and VWENX has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

Return for Risk

NINDX vs. VWENX — Risk / Return Rank

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

NINDX

NINDX Risk / Return Rank: 73
NINDX Sharpe Ratio Rank: 75
NINDX Sortino Ratio Rank: 67
NINDX Omega Ratio Rank: 67
NINDX Calmar Ratio Rank: 73
NINDX Martin Ratio Rank: 83

VWENX

VWENX Risk / Return Rank: 75
VWENX Sharpe Ratio Rank: 79
VWENX Sortino Ratio Rank: 75
VWENX Omega Ratio Rank: 73
VWENX Calmar Ratio Rank: 68
VWENX Martin Ratio Rank: 79

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.

NINDX vs. VWENX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Large Cap Index Fund (NINDX) and Vanguard Wellington Fund Admiral Shares (VWENX). 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.

	NINDX	VWENX	Difference
Sharpe ratio Return per unit of total volatility	2.52	2.57	-0.05
Sortino ratio Return per unit of downside risk	3.43	3.61	-0.19
Omega ratio Gain probability vs. loss probability	1.46	1.48	-0.02
Calmar ratio Return relative to maximum drawdown	3.35	3.19	+0.16
Martin ratio Return relative to average drawdown	15.65	14.78	+0.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NINDX vs. VWENX - Sharpe Ratio Comparison

The current NINDX Sharpe Ratio is 2.52, which is comparable to the VWENX Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of NINDX and VWENX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NINDX	VWENX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.52	2.57	-0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.83	0.82	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.86	0.90	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.68	-0.05

Drawdowns

NINDX vs. VWENX - Drawdown Comparison

The maximum NINDX drawdown since its inception was -55.32%, which is greater than VWENX's maximum drawdown of -36.02%. Use the drawdown chart below to compare losses from any high point for NINDX and VWENX.

Drawdown Indicators

	NINDX	VWENX	Difference
Max Drawdown Largest peak-to-trough decline	-55.32%	-36.02%	-19.30%
Max Drawdown (1Y) Largest decline over 1 year	-8.91%	-6.77%	-2.14%
Max Drawdown (3Y) Largest decline over 3 years	-18.78%	-11.98%	-6.80%
Max Drawdown (5Y) Largest decline over 5 years	-24.60%	-20.84%	-3.76%
Max Drawdown (10Y) Largest decline over 10 years	-33.82%	-25.33%	-8.49%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.77%	-4.36%	-4.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	1.46%	+0.45%

Volatility

NINDX vs. VWENX - Volatility Comparison

Columbia Large Cap Index Fund (NINDX) has a higher volatility of 2.83% compared to Vanguard Wellington Fund Admiral Shares (VWENX) at 2.53%. This indicates that NINDX's price experiences larger fluctuations and is considered to be riskier than VWENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NINDX	VWENX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.83%	2.53%	+0.30%
Volatility (6M) Calculated over the trailing 6-month period	9.00%	6.67%	+2.33%
Volatility (1Y) Calculated over the trailing 1-year period	11.90%	8.38%	+3.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.91%	11.14%	+5.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.07%	11.53%	+6.54%

NINDX vs. VWENX - Expense Ratio Comparison

NINDX has a 0.20% expense ratio, which is higher than VWENX's 0.16% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

NINDX vs. VWENX - Dividend Comparison

NINDX's dividend yield for the trailing twelve months is around 24.35%, more than VWENX's 10.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NINDX Columbia Large Cap Index Fund	24.35%	27.15%	8.71%	8.82%	13.23%	16.96%	7.23%	9.84%	9.43%	4.21%	2.24%	2.69%
VWENX Vanguard Wellington Fund Admiral Shares	10.83%	11.55%	10.85%	6.08%	8.28%	8.72%	7.85%	4.74%	9.58%	5.88%	4.53%	6.58%

Frequently Asked Questions

Can I hold both NINDX and VWENX in my portfolio?

With a correlation of 0.97, NINDX and VWENX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, NINDX or VWENX?

NINDX has higher volatility (2.83%) compared to VWENX (2.53%). In terms of maximum drawdown, NINDX dropped -55.32% vs VWENX's -36.02%.

Which has better risk-adjusted returns?

VWENX currently has the higher Sharpe Ratio (2.57 vs 2.52), 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.