VDADX vs. VEIRX
Compare and contrast key facts about Vanguard Dividend Appreciation Index Fund Admiral Shares (VDADX) and Vanguard Equity Income Fund Admiral Shares (VEIRX).
VDADX is managed by Vanguard. It was launched on Dec 19, 2013. VEIRX is managed by Vanguard. It was launched on Aug 13, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VDADX or VEIRX.
Performance
VDADX vs. VEIRX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with VDADX having a 18.16% return and VEIRX slightly lower at 17.38%. Over the past 10 years, VDADX has outperformed VEIRX with an annualized return of 11.65%, while VEIRX has yielded a comparatively lower 6.62% annualized return.
VDADX
18.16%
-1.21%
8.91%
24.93%
12.39%
11.65%
VEIRX
17.38%
-0.48%
7.31%
20.19%
7.24%
6.62%
Key characteristics
| VDADX | VEIRX | |
|---|---|---|
| Sharpe Ratio | 2.57 | 1.73 |
| Sortino Ratio | 3.68 | 2.28 |
| Omega Ratio | 1.47 | 1.33 |
| Calmar Ratio | 4.98 | 2.13 |
| Martin Ratio | 16.38 | 8.14 |
| Ulcer Index | 1.52% | 2.41% |
| Daily Std Dev | 9.70% | 11.36% |
| Max Drawdown | -31.70% | -56.75% |
| Current Drawdown | -2.14% | -1.67% |
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VDADX vs. VEIRX - Expense Ratio Comparison
VDADX has a 0.08% expense ratio, which is lower than VEIRX's 0.19% 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 VDADX and VEIRX is 0.91, 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
VDADX vs. VEIRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Dividend Appreciation Index Fund Admiral Shares (VDADX) and Vanguard Equity Income Fund Admiral Shares (VEIRX). 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
VDADX vs. VEIRX - Dividend Comparison
VDADX's dividend yield for the trailing twelve months is around 1.70%, less than VEIRX's 2.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VDADX Vanguard Dividend Appreciation Index Fund Admiral Shares | 1.70% | 1.86% | 1.94% | 1.53% | 1.61% | 1.69% | 2.07% | 1.88% | 2.14% | 2.34% | 1.95% | 0.00% |
VEIRX Vanguard Equity Income Fund Admiral Shares | 2.81% | 3.03% | 3.03% | 2.49% | 2.70% | 2.71% | 3.25% | 2.54% | 2.83% | 3.05% | 2.78% | 2.60% |
Drawdowns
VDADX vs. VEIRX - Drawdown Comparison
The maximum VDADX drawdown since its inception was -31.70%, smaller than the maximum VEIRX drawdown of -56.75%. Use the drawdown chart below to compare losses from any high point for VDADX and VEIRX. For additional features, visit the drawdowns tool.
Volatility
VDADX vs. VEIRX - Volatility Comparison
Vanguard Dividend Appreciation Index Fund Admiral Shares (VDADX) and Vanguard Equity Income Fund Admiral Shares (VEIRX) have volatilities of 3.51% and 3.58%, 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.