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OSTIX vs. VWEAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


OSTIXVWEAX
YTD Return7.23%6.48%
1Y Return11.79%12.98%
3Y Return (Ann)4.24%2.78%
5Y Return (Ann)5.62%3.86%
10Y Return (Ann)4.57%4.52%
Sharpe Ratio6.443.44
Sortino Ratio14.485.91
Omega Ratio3.631.90
Calmar Ratio18.633.07
Martin Ratio84.3022.45
Ulcer Index0.14%0.56%
Daily Std Dev1.83%3.64%
Max Drawdown-10.06%-30.03%
Current Drawdown0.00%-0.20%

Correlation

-0.50.00.51.00.5

The correlation between OSTIX and VWEAX is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

OSTIX vs. VWEAX - Performance Comparison

In the year-to-date period, OSTIX achieves a 7.23% return, which is significantly higher than VWEAX's 6.48% return. Both investments have delivered pretty close results over the past 10 years, with OSTIX having a 4.57% annualized return and VWEAX not far behind at 4.52%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-1.00%0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
4.40%
5.69%
OSTIX
VWEAX

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OSTIX vs. VWEAX - Expense Ratio Comparison

OSTIX has a 0.84% expense ratio, which is higher than VWEAX's 0.13% expense ratio.


OSTIX
Osterweis Strategic Income Fund
Expense ratio chart for OSTIX: current value at 0.84% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.84%
Expense ratio chart for VWEAX: current value at 0.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.13%

Risk-Adjusted Performance

OSTIX vs. VWEAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Osterweis Strategic Income Fund (OSTIX) 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.


OSTIX
Sharpe ratio
The chart of Sharpe ratio for OSTIX, currently valued at 6.44, compared to the broader market0.002.004.006.44
Sortino ratio
The chart of Sortino ratio for OSTIX, currently valued at 14.48, compared to the broader market0.005.0010.0014.48
Omega ratio
The chart of Omega ratio for OSTIX, currently valued at 3.63, compared to the broader market1.002.003.004.003.63
Calmar ratio
The chart of Calmar ratio for OSTIX, currently valued at 18.63, compared to the broader market0.005.0010.0015.0020.0018.63
Martin ratio
The chart of Martin ratio for OSTIX, currently valued at 84.30, compared to the broader market0.0020.0040.0060.0080.00100.0084.30
VWEAX
Sharpe ratio
The chart of Sharpe ratio for VWEAX, currently valued at 3.44, compared to the broader market0.002.004.003.44
Sortino ratio
The chart of Sortino ratio for VWEAX, currently valued at 5.91, compared to the broader market0.005.0010.005.91
Omega ratio
The chart of Omega ratio for VWEAX, currently valued at 1.90, compared to the broader market1.002.003.004.001.90
Calmar ratio
The chart of Calmar ratio for VWEAX, currently valued at 3.07, compared to the broader market0.005.0010.0015.0020.003.07
Martin ratio
The chart of Martin ratio for VWEAX, currently valued at 22.45, compared to the broader market0.0020.0040.0060.0080.00100.0022.45

OSTIX vs. VWEAX - Sharpe Ratio Comparison

The current OSTIX Sharpe Ratio is 6.44, which is higher than the VWEAX Sharpe Ratio of 3.44. The chart below compares the historical Sharpe Ratios of OSTIX and VWEAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.003.004.005.006.007.00JuneJulyAugustSeptemberOctoberNovember
6.44
3.44
OSTIX
VWEAX

Dividends

OSTIX vs. VWEAX - Dividend Comparison

OSTIX's dividend yield for the trailing twelve months is around 6.04%, which matches VWEAX's 6.08% yield.


TTM20232022202120202019201820172016201520142013
OSTIX
Osterweis Strategic Income Fund
6.04%5.71%4.71%4.03%3.85%4.74%4.66%4.58%5.24%5.98%5.15%4.70%
VWEAX
Vanguard High-Yield Corporate Fund Admiral Shares
6.08%5.79%5.20%4.24%4.72%5.32%6.10%5.42%5.49%5.99%5.71%5.89%

Drawdowns

OSTIX vs. VWEAX - Drawdown Comparison

The maximum OSTIX drawdown since its inception was -10.06%, smaller than the maximum VWEAX drawdown of -30.03%. Use the drawdown chart below to compare losses from any high point for OSTIX and VWEAX. For additional features, visit the drawdowns tool.


-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JuneJulyAugustSeptemberOctoberNovember0
-0.20%
OSTIX
VWEAX

Volatility

OSTIX vs. VWEAX - Volatility Comparison

The current volatility for Osterweis Strategic Income Fund (OSTIX) is 0.39%, while Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) has a volatility of 0.65%. This indicates that OSTIX experiences smaller price fluctuations and is considered to be less risky than VWEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%1.20%JuneJulyAugustSeptemberOctoberNovember
0.39%
0.65%
OSTIX
VWEAX