SEQAX vs. VDADX

Last updated Aug 1, 2026

SEQAX (Guggenheim World Equity Income Fund) and VDADX (Vanguard Dividend Appreciation Index Fund Admiral Shares) are both Dividend funds. Over the past 10 years, SEQAX returned 9.44%/yr vs 13.01%/yr for VDADX. Their correlation of 0.88 means they have usually moved in the same direction. SEQAX charges 1.20%/yr vs 0.07%/yr for VDADX.

Performance

SEQAX vs. VDADX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Guggenheim World Equity Income Fund (SEQAX) and Vanguard Dividend Appreciation Index Fund Admiral Shares (VDADX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SEQAX achieves a 14.10% return, which is significantly higher than VDADX's 10.06% return. Over the past 10 years, SEQAX has underperformed VDADX with an annualized return of 9.44%, while VDADX has yielded a comparatively higher 13.01% annualized return.

SEQAX

• 1D: 1.15%
• 1M: 2.87%
• 6M: 9.90%
• YTD: 14.10%
• 1Y: 28.89%
• 3Y*: 14.89%
• 5Y*: 9.29%
• 10Y*: 9.44%
• ALL TIME*: 7.73%

VDADX

• 1D: 0.63%
• 1M: 0.54%
• 6M: 8.00%
• YTD: 10.06%
• 1Y: 19.48%
• 3Y*: 15.03%
• 5Y*: 10.49%
• 10Y*: 13.01%
• ALL TIME*: 11.90%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SEQAX Guggenheim World Equity Income Fund	$0.00	$0.00	$0.00
VDADX Vanguard Dividend Appreciation Index Fund Admiral Shares	$0.00	$0.00	$0.00

SEQAX vs. VDADX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SEQAX Guggenheim World Equity Income Fund	14.10%	22.37%	5.57%	12.10%	-9.30%	21.30%	6.14%	21.02%	-8.68%	14.70%
VDADX Vanguard Dividend Appreciation Index Fund Admiral Shares	10.06%	14.17%	16.99%	14.44%	-9.80%	23.59%	15.47%	29.68%	-2.06%	22.22%

Correlation

The correlation between SEQAX and VDADX is 0.80, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.80
Correlation (3Y) Balances recent behavior with more history.	0.86
Correlation (5Y) Shows whether the relationship held over a longer period.	0.89
Correlation (10Y) Provides a long-term view across more market conditions.	0.89
Correlation (All Time) Calculated using the full available price history since Dec 20, 2013	0.88

The correlation between SEQAX and VDADX has been stable across timeframes, ranging from 0.80 to 0.89 - a consistent structural relationship.

Return for Risk

SEQAX vs. VDADX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SEQAX

SEQAX Risk / Return Rank: 90
SEQAX Sharpe Ratio Rank: 94
SEQAX Sortino Ratio Rank: 92
SEQAX Omega Ratio Rank: 87
SEQAX Calmar Ratio Rank: 88
SEQAX Martin Ratio Rank: 91

VDADX

VDADX Risk / Return Rank: 74
VDADX Sharpe Ratio Rank: 76
VDADX Sortino Ratio Rank: 75
VDADX Omega Ratio Rank: 73
VDADX Calmar Ratio Rank: 70
VDADX Martin Ratio Rank: 77

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SEQAX vs. VDADX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Guggenheim World Equity Income Fund (SEQAX) and Vanguard Dividend Appreciation Index Fund Admiral Shares (VDADX). 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.

	SEQAX	VDADX	Difference
Sharpe ratio: Return per unit of total volatility	2.47	1.72	+0.75
Sortino ratio: Return per unit of downside risk	3.57	2.49	+1.08
Omega ratio: Gain probability vs. loss probability	1.45	1.31	+0.14
Calmar ratio: Return relative to maximum drawdown	3.26	2.21	+1.05
Martin ratio: Return relative to average drawdown	12.98	8.99	+3.99

SEQAX vs. VDADX - Sharpe Ratio Comparison

The current SEQAX Sharpe Ratio is 2.47, which is higher than the VDADX Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of SEQAX and VDADX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SEQAX vs. VDADX - Drawdown Comparison

The maximum SEQAX drawdown since its inception was -52.69%, which is greater than VDADX's maximum drawdown of -31.70%. Use the drawdown chart below to compare losses from any high point for SEQAX and VDADX.

Drawdown Indicators

	SEQAX	VDADX	Difference
Max Drawdown Largest peak-to-trough decline	-52.69%	-31.70%	-20.99%
Max Drawdown (1Y) Largest decline over 1 year	-8.39%	-7.93%	-0.46%
Max Drawdown (3Y) Largest decline over 3 years	-18.63%	-14.95%	-3.68%
Max Drawdown (5Y) Largest decline over 5 years	-20.03%	-20.42%	+0.39%
Max Drawdown (10Y) Largest decline over 10 years	-35.29%	-31.70%	-3.59%
Current Drawdown Current decline from peak	0.00%	-0.67%	+0.67%
Average Drawdown Average peak-to-trough decline	-10.97%	-3.37%	-7.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.11%	1.95%	+0.16%

Volatility

SEQAX vs. VDADX - Volatility Comparison

Guggenheim World Equity Income Fund (SEQAX) and Vanguard Dividend Appreciation Index Fund Admiral Shares (VDADX) have volatilities of 2.76% and 2.63%, 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.

Volatility by Period

	SEQAX	VDADX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.76%	2.63%	+0.13%
Volatility (6M) Calculated over the trailing 6-month period	8.77%	7.64%	+1.13%
Volatility (1Y) Calculated over the trailing 1-year period	11.08%	10.19%	+0.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.51%	14.25%	-0.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.89%	16.16%	-1.27%

SEQAX vs. VDADX - Expense Ratio Comparison

SEQAX has a 1.20% expense ratio, which is higher than VDADX's 0.07% expense ratio.

Dividends

SEQAX vs. VDADX - Dividend Comparison

SEQAX's dividend yield for the trailing twelve months is around 12.85%, more than VDADX's 1.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SEQAX Guggenheim World Equity Income Fund	12.85%	14.91%	1.34%	1.82%	2.16%	29.17%	1.69%	2.45%	3.24%	2.18%	2.32%	2.28%
VDADX Vanguard Dividend Appreciation Index Fund Admiral Shares	1.47%	1.60%	1.71%	1.86%	1.94%	1.53%	1.61%	1.69%	2.07%	1.88%	2.14%	2.34%

Frequently Asked Questions

Can I hold both SEQAX and VDADX in my portfolio?

SEQAX and VDADX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SEQAX or VDADX?

SEQAX has higher volatility (2.76%) compared to VDADX (2.63%). In terms of maximum drawdown, SEQAX dropped -52.69% vs VDADX's -31.70%.

Which has better risk-adjusted returns?

SEQAX currently has the higher Sharpe Ratio (2.47 vs 1.72), 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.