VBIAX vs. VWIAX
Compare and contrast key facts about Vanguard Balanced Index Fund Admiral Shares (VBIAX) and Vanguard Wellesley Income Fund Admiral Shares (VWIAX).
VBIAX is managed by Vanguard. It was launched on Nov 13, 2000. VWIAX is managed by Vanguard. It was launched on May 14, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VBIAX or VWIAX.
Performance
VBIAX vs. VWIAX - Performance Comparison
Returns By Period
In the year-to-date period, VBIAX achieves a 14.07% return, which is significantly higher than VWIAX's 7.00% return. Over the past 10 years, VBIAX has outperformed VWIAX with an annualized return of 7.54%, while VWIAX has yielded a comparatively lower 3.33% annualized return.
VBIAX
14.07%
-0.24%
8.01%
18.80%
7.36%
7.54%
VWIAX
7.00%
-1.60%
4.22%
14.85%
2.56%
3.33%
Key characteristics
| VBIAX | VWIAX | |
|---|---|---|
| Sharpe Ratio | 2.20 | 2.30 |
| Sortino Ratio | 2.98 | 3.50 |
| Omega Ratio | 1.42 | 1.47 |
| Calmar Ratio | 1.77 | 1.00 |
| Martin Ratio | 13.30 | 14.56 |
| Ulcer Index | 1.43% | 1.03% |
| Daily Std Dev | 8.64% | 6.56% |
| Max Drawdown | -35.90% | -23.93% |
| Current Drawdown | -1.75% | -2.54% |
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VBIAX vs. VWIAX - Expense Ratio Comparison
VBIAX has a 0.07% expense ratio, which is lower than VWIAX's 0.16% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between VBIAX and VWIAX is 0.82, 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.
Risk-Adjusted Performance
VBIAX vs. VWIAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Balanced Index Fund Admiral Shares (VBIAX) and Vanguard Wellesley Income Fund Admiral Shares (VWIAX). 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
VBIAX vs. VWIAX - Dividend Comparison
VBIAX's dividend yield for the trailing twelve months is around 2.04%, less than VWIAX's 5.88% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBIAX Vanguard Balanced Index Fund Admiral Shares | 2.04% | 2.04% | 1.93% | 1.39% | 1.66% | 2.12% | 2.32% | 1.95% | 2.09% | 2.09% | 1.92% | 1.85% |
VWIAX Vanguard Wellesley Income Fund Admiral Shares | 5.88% | 5.80% | 3.25% | 2.55% | 2.72% | 2.97% | 3.38% | 2.92% | 3.02% | 3.18% | 3.23% | 3.13% |
Drawdowns
VBIAX vs. VWIAX - Drawdown Comparison
The maximum VBIAX drawdown since its inception was -35.90%, which is greater than VWIAX's maximum drawdown of -23.93%. Use the drawdown chart below to compare losses from any high point for VBIAX and VWIAX. For additional features, visit the drawdowns tool.
Volatility
VBIAX vs. VWIAX - Volatility Comparison
Vanguard Balanced Index Fund Admiral Shares (VBIAX) has a higher volatility of 2.62% compared to Vanguard Wellesley Income Fund Admiral Shares (VWIAX) at 1.60%. This indicates that VBIAX's price experiences larger fluctuations and is considered to be riskier than VWIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.