NYVTX vs. VEXPX
Compare and contrast key facts about Davis New York Venture Fund (NYVTX) and Vanguard Explorer Fund Investor Shares (VEXPX).
NYVTX is managed by Davis Funds. It was launched on Feb 17, 1969. VEXPX is managed by Vanguard. It was launched on Dec 11, 1967.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NYVTX or VEXPX.
Key characteristics
| NYVTX | VEXPX | |
|---|---|---|
| YTD Return | 16.07% | 10.55% |
| 1Y Return | 30.87% | 25.61% |
| 3Y Return (Ann) | 7.71% | 0.93% |
| 5Y Return (Ann) | 10.99% | 10.73% |
| 10Y Return (Ann) | 9.87% | 10.68% |
| Sharpe Ratio | 1.97 | 1.31 |
| Daily Std Dev | 14.41% | 17.61% |
| Max Drawdown | -58.56% | -57.40% |
| Current Drawdown | -1.14% | -3.80% |
Correlation
The correlation between NYVTX and VEXPX is 0.79, 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
NYVTX vs. VEXPX - Performance Comparison
In the year-to-date period, NYVTX achieves a 16.07% return, which is significantly higher than VEXPX's 10.55% return. Over the past 10 years, NYVTX has underperformed VEXPX with an annualized return of 9.87%, while VEXPX has yielded a comparatively higher 10.68% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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NYVTX vs. VEXPX - Expense Ratio Comparison
NYVTX has a 0.89% expense ratio, which is higher than VEXPX's 0.40% expense ratio.
Risk-Adjusted Performance
NYVTX vs. VEXPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Davis New York Venture Fund (NYVTX) and Vanguard Explorer Fund Investor Shares (VEXPX). 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
NYVTX vs. VEXPX - Dividend Comparison
NYVTX's dividend yield for the trailing twelve months is around 12.42%, more than VEXPX's 0.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NYVTX Davis New York Venture Fund | 12.42% | 7.92% | 7.48% | 21.93% | 5.88% | 7.54% | 24.08% | 8.32% | 12.85% | 22.97% | 19.61% | 11.70% |
VEXPX Vanguard Explorer Fund Investor Shares | 0.72% | 0.79% | 5.09% | 16.00% | 6.64% | 4.97% | 10.95% | 11.96% | 4.49% | 10.71% | 15.17% | 10.50% |
Drawdowns
NYVTX vs. VEXPX - Drawdown Comparison
The maximum NYVTX drawdown since its inception was -58.56%, roughly equal to the maximum VEXPX drawdown of -57.40%. Use the drawdown chart below to compare losses from any high point for NYVTX and VEXPX. For additional features, visit the drawdowns tool.
Volatility
NYVTX vs. VEXPX - Volatility Comparison
The current volatility for Davis New York Venture Fund (NYVTX) is 4.65%, while Vanguard Explorer Fund Investor Shares (VEXPX) has a volatility of 5.23%. This indicates that NYVTX experiences smaller price fluctuations and is considered to be less risky than VEXPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.