VDIGX vs. VHYAX
Compare and contrast key facts about Vanguard Dividend Growth Fund (VDIGX) and Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX).
VDIGX is managed by Vanguard. It was launched on May 15, 1992. VHYAX is managed by Vanguard. It was launched on Feb 7, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VDIGX or VHYAX.
Key characteristics
| VDIGX | VHYAX | |
|---|---|---|
| YTD Return | 2.14% | 4.31% |
| 1Y Return | 8.68% | 13.94% |
| 3Y Return (Ann) | 6.24% | 7.04% |
| 5Y Return (Ann) | 10.45% | 9.08% |
| Sharpe Ratio | 0.86 | 1.11 |
| Daily Std Dev | 9.16% | 10.85% |
| Max Drawdown | -45.23% | -35.14% |
| Current Drawdown | -3.94% | -4.22% |
Correlation
The correlation between VDIGX and VHYAX is 0.88, 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.
Performance
VDIGX vs. VHYAX - Performance Comparison
In the year-to-date period, VDIGX achieves a 2.14% return, which is significantly lower than VHYAX's 4.31% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VDIGX vs. VHYAX - Expense Ratio Comparison
VDIGX has a 0.27% expense ratio, which is higher than VHYAX's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
VDIGX vs. VHYAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Dividend Growth Fund (VDIGX) and Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX). 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
VDIGX vs. VHYAX - Dividend Comparison
VDIGX's dividend yield for the trailing twelve months is around 3.29%, more than VHYAX's 2.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VDIGX Vanguard Dividend Growth Fund | 3.29% | 2.29% | 6.06% | 5.45% | 2.83% | 4.70% | 8.84% | 5.16% | 2.86% | 5.69% | 3.41% | 2.28% |
VHYAX Vanguard High Dividend Yield Index Fund Admiral Shares | 2.93% | 3.09% | 2.98% | 2.74% | 3.16% | 3.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VDIGX vs. VHYAX - Drawdown Comparison
The maximum VDIGX drawdown since its inception was -45.23%, which is greater than VHYAX's maximum drawdown of -35.14%. Use the drawdown chart below to compare losses from any high point for VDIGX and VHYAX. For additional features, visit the drawdowns tool.
Volatility
VDIGX vs. VHYAX - Volatility Comparison
The current volatility for Vanguard Dividend Growth Fund (VDIGX) is 2.47%, while Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) has a volatility of 3.17%. This indicates that VDIGX experiences smaller price fluctuations and is considered to be less risky than VHYAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.