NYVTX vs. VTMGX
Compare and contrast key facts about Davis New York Venture Fund (NYVTX) and Vanguard Developed Markets Index Fund Admiral Shares (VTMGX).
NYVTX is managed by Davis Funds. It was launched on Feb 17, 1969. VTMGX is managed by Vanguard. It was launched on Aug 17, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NYVTX or VTMGX.
Key characteristics
| NYVTX | VTMGX | |
|---|---|---|
| YTD Return | 16.07% | 10.08% |
| 1Y Return | 30.87% | 20.42% |
| 3Y Return (Ann) | 7.71% | 3.26% |
| 5Y Return (Ann) | 10.99% | 7.75% |
| 10Y Return (Ann) | 9.87% | 5.50% |
| Sharpe Ratio | 1.97 | 1.41 |
| Daily Std Dev | 14.41% | 13.15% |
| Max Drawdown | -58.56% | -60.58% |
| Current Drawdown | -1.14% | -1.18% |
Correlation
The correlation between NYVTX and VTMGX is 0.75, 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. VTMGX - Performance Comparison
In the year-to-date period, NYVTX achieves a 16.07% return, which is significantly higher than VTMGX's 10.08% return. Over the past 10 years, NYVTX has outperformed VTMGX with an annualized return of 9.87%, while VTMGX has yielded a comparatively lower 5.50% 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. VTMGX - Expense Ratio Comparison
NYVTX has a 0.89% expense ratio, which is higher than VTMGX's 0.07% expense ratio.
Risk-Adjusted Performance
NYVTX vs. VTMGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Davis New York Venture Fund (NYVTX) and Vanguard Developed Markets Index Fund Admiral Shares (VTMGX). 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. VTMGX - Dividend Comparison
NYVTX's dividend yield for the trailing twelve months is around 12.42%, more than VTMGX's 2.60% 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% |
VTMGX Vanguard Developed Markets Index Fund Admiral Shares | 2.60% | 3.14% | 2.88% | 3.14% | 2.02% | 3.03% | 3.33% | 2.77% | 3.06% | 2.91% | 3.70% | 2.61% |
Drawdowns
NYVTX vs. VTMGX - Drawdown Comparison
The maximum NYVTX drawdown since its inception was -58.56%, roughly equal to the maximum VTMGX drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for NYVTX and VTMGX. For additional features, visit the drawdowns tool.
Volatility
NYVTX vs. VTMGX - Volatility Comparison
Davis New York Venture Fund (NYVTX) and Vanguard Developed Markets Index Fund Admiral Shares (VTMGX) have volatilities of 4.65% and 4.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.