VESMX vs. VSMAX
Compare and contrast key facts about VELA Small Cap Fund (VESMX) and Vanguard Small-Cap Index Fund Admiral Shares (VSMAX).
VESMX is managed by VELA Funds. It was launched on Sep 29, 2020. VSMAX is managed by Vanguard. It was launched on Nov 13, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VESMX or VSMAX.
Correlation
The correlation between VESMX and VSMAX is 0.90, 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
VESMX vs. VSMAX - Performance Comparison
Key characteristics
VESMX:
0.76
VSMAX:
0.81
VESMX:
1.14
VSMAX:
1.20
VESMX:
1.14
VSMAX:
1.15
VESMX:
1.49
VSMAX:
1.58
VESMX:
3.84
VSMAX:
3.54
VESMX:
2.77%
VSMAX:
3.78%
VESMX:
14.07%
VSMAX:
16.63%
VESMX:
-17.92%
VSMAX:
-59.68%
VESMX:
-3.78%
VSMAX:
-7.95%
Returns By Period
In the year-to-date period, VESMX achieves a 1.73% return, which is significantly higher than VSMAX's -0.30% return.
VESMX
1.73%
-2.85%
-0.34%
9.21%
N/A
N/A
VSMAX
-0.30%
-4.66%
3.37%
12.40%
8.86%
8.66%
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VESMX vs. VSMAX - Expense Ratio Comparison
VESMX has a 1.20% expense ratio, which is higher than VSMAX's 0.05% expense ratio.
Risk-Adjusted Performance
VESMX vs. VSMAX — Risk-Adjusted Performance Rank
VESMX
VSMAX
VESMX vs. VSMAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VELA Small Cap Fund (VESMX) and Vanguard Small-Cap Index Fund Admiral Shares (VSMAX). 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
VESMX vs. VSMAX - Dividend Comparison
VESMX's dividend yield for the trailing twelve months is around 0.22%, less than VSMAX's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VESMX VELA Small Cap Fund | 0.22% | 0.22% | 0.66% | 0.69% | 0.16% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VSMAX Vanguard Small-Cap Index Fund Admiral Shares | 1.31% | 1.30% | 1.55% | 1.54% | 1.24% | 1.14% | 1.39% | 1.67% | 1.35% | 1.49% | 1.48% | 1.43% |
Drawdowns
VESMX vs. VSMAX - Drawdown Comparison
The maximum VESMX drawdown since its inception was -17.92%, smaller than the maximum VSMAX drawdown of -59.68%. Use the drawdown chart below to compare losses from any high point for VESMX and VSMAX. For additional features, visit the drawdowns tool.
Volatility
VESMX vs. VSMAX - Volatility Comparison
VELA Small Cap Fund (VESMX) and Vanguard Small-Cap Index Fund Admiral Shares (VSMAX) have volatilities of 4.31% and 4.27%, 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.