VDEQX vs. VGWAX
VDEQX (Vanguard Diversified Equity Fund) and VGWAX (Vanguard Global Wellington Fund Admiral Shares) are both mutual funds - VDEQX is a Large Cap Growth Equities fund managed by Vanguard, while VGWAX is a Diversified Portfolio fund managed by Vanguard. Over the past 5 years, VDEQX returned 9.40%/yr vs 8.56%/yr for VGWAX. Their correlation of 0.83 means they have usually moved in the same direction. VDEQX charges 0.35%/yr vs 0.29%/yr for VGWAX.
Performance
VDEQX vs. VGWAX - Performance Comparison
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Returns By Period
In the year-to-date period, VDEQX achieves a 5.97% return, which is significantly lower than VGWAX's 11.64% return.
VDEQX
- 1D
- 1.48%
- 1M
- -1.08%
- 6M
- 5.29%
- YTD
- 5.97%
- 1Y
- 15.62%
- 3Y*
- 16.79%
- 5Y*
- 9.40%
- 10Y*
- 13.95%
- ALL TIME*
- 10.37%
VGWAX
- 1D
- 1.04%
- 1M
- 0.64%
- 6M
- 7.05%
- YTD
- 11.64%
- 1Y
- 22.02%
- 3Y*
- 13.29%
- 5Y*
- 8.56%
- 10Y*
- —
- ALL TIME*
- 9.03%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
VDEQX vs. VGWAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VDEQX Vanguard Diversified Equity Fund | 5.97% | 15.26% | 24.63% | 27.51% | -22.59% | 21.69% | 29.01% | 31.44% | -10.13% |
VGWAX Vanguard Global Wellington Fund Admiral Shares | 11.64% | 17.48% | 6.27% | 12.54% | -7.07% | 13.51% | 7.51% | 22.16% | -5.05% |
Correlation
The correlation between VDEQX and VGWAX is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.77 |
Correlation (3Y) Balances recent behavior with more history. | 0.74 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.80 |
Correlation (All Time) Calculated using the full available price history since Mar 14, 2018 | 0.83 |
The correlation between VDEQX and VGWAX has been stable across timeframes, ranging from 0.74 to 0.83 - a consistent structural relationship.
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Return for Risk
VDEQX vs. VGWAX — Risk / Return Rank
VDEQX
VGWAX
VDEQX vs. VGWAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Diversified Equity Fund (VDEQX) and Vanguard Global Wellington Fund Admiral Shares (VGWAX). 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.
| VDEQX | VGWAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.60 | ||
| Sortino ratioReturn per unit of downside risk | -2.26 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.48 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.21 | 3.16 | -1.96 |
| Martin ratioReturn relative to average drawdown | 4.76 | 12.73 | -7.97 |
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Drawdowns
VDEQX vs. VGWAX - Drawdown Comparison
The maximum VDEQX drawdown since its inception was -56.28%, which is greater than VGWAX's maximum drawdown of -25.28%. Use the drawdown chart below to compare losses from any high point for VDEQX and VGWAX.
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Drawdown Indicators
| VDEQX | VGWAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.28% | -25.28% | -31.00% |
Max Drawdown (1Y)Largest decline over 1 year | -10.86% | -6.67% | -4.19% |
Max Drawdown (3Y)Largest decline over 3 years | -20.50% | -7.69% | -12.81% |
Max Drawdown (5Y)Largest decline over 5 years | -29.26% | -17.46% | -11.80% |
Max Drawdown (10Y)Largest decline over 10 years | -35.47% | — | — |
Current DrawdownCurrent decline from peak | -1.91% | -0.03% | -1.88% |
Average DrawdownAverage peak-to-trough decline | -8.23% | -2.86% | -5.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.75% | 1.65% | +1.10% |
Volatility
VDEQX vs. VGWAX - Volatility Comparison
Vanguard Diversified Equity Fund (VDEQX) has a higher volatility of 3.48% compared to Vanguard Global Wellington Fund Admiral Shares (VGWAX) at 2.30%. This indicates that VDEQX's price experiences larger fluctuations and is considered to be riskier than VGWAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VDEQX | VGWAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.48% | 2.30% | +1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 10.69% | 6.83% | +3.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.79% | 8.28% | +5.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.68% | 9.23% | +9.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.26% | 10.93% | +8.33% |
VDEQX vs. VGWAX - Expense Ratio Comparison
VDEQX has a 0.35% expense ratio, which is higher than VGWAX's 0.29% expense ratio.
Dividends
VDEQX vs. VGWAX - Dividend Comparison
VDEQX's dividend yield for the trailing twelve months is around 8.65%, more than VGWAX's 6.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VDEQX Vanguard Diversified Equity Fund | 8.65% | 9.17% | 7.53% | 4.65% | 12.92% | 7.13% | 5.82% | 7.20% | 6.61% | 4.63% | 7.67% | 9.42% |
VGWAX Vanguard Global Wellington Fund Admiral Shares | 6.08% | 6.78% | 7.47% | 2.66% | 4.50% | 3.36% | 1.64% | 2.08% | 2.62% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VDEQX and VGWAX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VDEQX has higher volatility (3.48%) compared to VGWAX (2.30%). In terms of maximum drawdown, VDEQX dropped -56.28% vs VGWAX's -25.28%.
VGWAX currently has the higher Sharpe Ratio (2.55 vs 0.95), 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.
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