VDHG.AX vs. BAM
VDHG.AX (Vanguard Diversified High Growth INDEX ETF) is Large Cap Growth Equities fund actively managed by Vanguard, while BAM (Brookfield Asset Management Inc.) is a stock. Over the past 3 years, VDHG.AX returned 13.70%/yr vs 15.12%/yr for BAM. At a 0.08 correlation, their price movements are largely independent.
Performance
VDHG.AX vs. BAM - Performance Comparison
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Different Trading Currencies
VDHG.AX is traded in AUD, while BAM is traded in USD. To make them comparable, the BAM values have been converted to AUD using the latest available exchange rates.
Returns By Period
In the year-to-date period, VDHG.AX achieves a 3.21% return, which is significantly higher than BAM's -14.56% return.
VDHG.AX
- 1D
- -1.03%
- 1M
- 2.79%
- YTD
- 3.21%
- 6M
- 4.40%
- 1Y
- 12.72%
- 3Y*
- 13.70%
- 5Y*
- 8.48%
- 10Y*
- —
BAM
- 1D
- 3.53%
- 1M
- -1.53%
- YTD
- -14.56%
- 6M
- -16.22%
- 1Y
- -21.86%
- 3Y*
- 15.12%
- 5Y*
- —
- 10Y*
- —
VDHG.AX vs. BAM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
VDHG.AX Vanguard Diversified High Growth INDEX ETF | 3.21% | 12.88% | 17.84% | 15.49% | -3.91% |
BAM Brookfield Asset Management Inc. | -14.56% | -7.49% | 53.76% | 45.72% | -10.47% |
Correlation
The correlation between VDHG.AX and BAM is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Dec 2, 2022 | 0.08 |
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Return for Risk
VDHG.AX vs. BAM — Risk / Return Rank
VDHG.AX
BAM
VDHG.AX vs. BAM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Diversified High Growth INDEX ETF (VDHG.AX) and Brookfield Asset Management Inc. (BAM). 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.
| VDHG.AX | BAM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.10 | ||
| Sortino ratioReturn per unit of downside risk | +2.83 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 0.88 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 1.72 | -0.62 | +2.34 |
| Martin ratioReturn relative to average drawdown | 6.53 | -1.11 | +7.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VDHG.AX | BAM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | -0.78 | +2.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.78 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.50 | +0.29 |
Drawdowns
VDHG.AX vs. BAM - Drawdown Comparison
The maximum VDHG.AX drawdown since its inception was -28.34%, smaller than the maximum BAM drawdown of -35.42%. Use the drawdown chart below to compare losses from any high point for VDHG.AX and BAM.
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Drawdown Indicators
| VDHG.AX | BAM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.34% | -35.42% | +7.08% |
Max Drawdown (1Y)Largest decline over 1 year | -7.32% | -35.34% | +28.02% |
Max Drawdown (3Y)Largest decline over 3 years | -12.49% | -35.42% | +22.93% |
Max Drawdown (5Y)Largest decline over 5 years | -17.16% | — | — |
Current DrawdownCurrent decline from peak | -1.03% | -29.70% | +28.67% |
Average DrawdownAverage peak-to-trough decline | -3.66% | -9.50% | +5.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.94% | 19.81% | -17.87% |
Volatility
VDHG.AX vs. BAM - Volatility Comparison
The current volatility for Vanguard Diversified High Growth INDEX ETF (VDHG.AX) is 2.90%, while Brookfield Asset Management Inc. (BAM) has a volatility of 9.23%. This indicates that VDHG.AX experiences smaller price fluctuations and is considered to be less risky than BAM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VDHG.AX | BAM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.90% | 9.23% | -6.33% |
Volatility (6M)Calculated over the trailing 6-month period | 7.76% | 21.43% | -13.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.58% | 28.20% | -18.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.82% | 28.17% | -17.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.84% | 28.17% | -16.33% |
Dividends
VDHG.AX vs. BAM - Dividend Comparison
VDHG.AX's dividend yield for the trailing twelve months is around 3.27%, less than BAM's 4.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BAM Brookfield Asset Management Inc. | 4.02% | 3.34% | 2.80% | 3.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VDHG.AX Vanguard Diversified High Growth INDEX ETF | 3.27% | 3.94% | 3.15% | 2.68% | 4.94% | 5.52% | 5.09% | 3.87% | 2.48% |
Frequently Asked Questions
VDHG.AX and BAM have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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