VENAX vs. VDE
Compare and contrast key facts about Vanguard Energy Index Fund Admiral Shares (VENAX) and Vanguard Energy ETF (VDE).
VENAX is managed by Vanguard. It was launched on Oct 7, 2004. VDE is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Energy 25/50 Index. It was launched on Sep 23, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VENAX or VDE.
Key characteristics
| VENAX | VDE | |
|---|---|---|
| YTD Return | 15.32% | 15.36% |
| 1Y Return | 14.66% | 14.64% |
| 3Y Return (Ann) | 22.10% | 22.10% |
| 5Y Return (Ann) | 15.49% | 15.64% |
| 10Y Return (Ann) | 4.31% | 4.36% |
| Sharpe Ratio | 0.87 | 0.87 |
| Sortino Ratio | 1.28 | 1.28 |
| Omega Ratio | 1.16 | 1.16 |
| Calmar Ratio | 1.18 | 1.17 |
| Martin Ratio | 2.86 | 2.84 |
| Ulcer Index | 5.52% | 5.56% |
| Daily Std Dev | 18.02% | 18.11% |
| Max Drawdown | -74.42% | -74.16% |
| Current Drawdown | -1.72% | -1.75% |
Correlation
The correlation between VENAX and VDE is 1.00, 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
VENAX vs. VDE - Performance Comparison
The year-to-date returns for both investments are quite close, with VENAX having a 15.32% return and VDE slightly higher at 15.36%. Both investments have delivered pretty close results over the past 10 years, with VENAX having a 4.31% annualized return and VDE not far ahead at 4.36%. 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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VENAX vs. VDE - Expense Ratio Comparison
Both VENAX and VDE have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VENAX vs. VDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Energy Index Fund Admiral Shares (VENAX) and Vanguard Energy ETF (VDE). 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
VENAX vs. VDE - Dividend Comparison
VENAX's dividend yield for the trailing twelve months is around 3.04%, which matches VDE's 3.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VENAX Vanguard Energy Index Fund Admiral Shares | 3.04% | 3.34% | 3.65% | 4.14% | 4.76% | 3.41% | 3.35% | 2.90% | 2.31% | 3.17% | 1.98% | 1.74% |
VDE Vanguard Energy ETF | 3.04% | 3.34% | 3.65% | 4.13% | 4.76% | 3.59% | 3.35% | 2.90% | 2.31% | 3.17% | 1.98% | 1.74% |
Drawdowns
VENAX vs. VDE - Drawdown Comparison
The maximum VENAX drawdown since its inception was -74.42%, roughly equal to the maximum VDE drawdown of -74.16%. Use the drawdown chart below to compare losses from any high point for VENAX and VDE. For additional features, visit the drawdowns tool.
Volatility
VENAX vs. VDE - Volatility Comparison
Vanguard Energy Index Fund Admiral Shares (VENAX) and Vanguard Energy ETF (VDE) have volatilities of 5.04% and 5.05%, 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.