VEVFX vs. IVOV
Compare and contrast key facts about Vanguard Explorer Value Fund (VEVFX) and Vanguard S&P Mid-Cap 400 Value ETF (IVOV).
VEVFX is managed by Vanguard. It was launched on Mar 30, 2010. IVOV is a passively managed fund by Vanguard that tracks the performance of the S&P MidCap 400 Value Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VEVFX or IVOV.
Correlation
The correlation between VEVFX and IVOV is 0.91, 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
VEVFX vs. IVOV - Performance Comparison
Key characteristics
VEVFX:
0.06
IVOV:
0.80
VEVFX:
0.22
IVOV:
1.20
VEVFX:
1.04
IVOV:
1.15
VEVFX:
0.07
IVOV:
1.48
VEVFX:
0.37
IVOV:
4.06
VEVFX:
3.84%
IVOV:
3.15%
VEVFX:
23.89%
IVOV:
16.05%
VEVFX:
-47.53%
IVOV:
-45.99%
VEVFX:
-20.06%
IVOV:
-7.87%
Returns By Period
In the year-to-date period, VEVFX achieves a -0.53% return, which is significantly lower than IVOV's 10.94% return. Over the past 10 years, VEVFX has underperformed IVOV with an annualized return of 6.53%, while IVOV has yielded a comparatively higher 8.89% annualized return.
VEVFX
-0.53%
-17.58%
-3.49%
-0.56%
5.19%
6.53%
IVOV
10.94%
-3.34%
10.94%
11.33%
9.93%
8.89%
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VEVFX vs. IVOV - Expense Ratio Comparison
VEVFX has a 0.52% expense ratio, which is higher than IVOV's 0.15% expense ratio.
Risk-Adjusted Performance
VEVFX vs. IVOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Explorer Value Fund (VEVFX) and Vanguard S&P Mid-Cap 400 Value ETF (IVOV). 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
VEVFX vs. IVOV - Dividend Comparison
Neither VEVFX nor IVOV has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEVFX Vanguard Explorer Value Fund | 0.00% | 1.73% | 1.29% | 0.76% | 0.86% | 1.47% | 1.25% | 0.79% | 0.92% | 0.83% | 0.87% | 0.53% |
IVOV Vanguard S&P Mid-Cap 400 Value ETF | 0.00% | 1.52% | 1.97% | 1.78% | 2.42% | 1.75% | 1.87% | 1.55% | 1.36% | 1.66% | 1.47% | 0.85% |
Drawdowns
VEVFX vs. IVOV - Drawdown Comparison
The maximum VEVFX drawdown since its inception was -47.53%, roughly equal to the maximum IVOV drawdown of -45.99%. Use the drawdown chart below to compare losses from any high point for VEVFX and IVOV. For additional features, visit the drawdowns tool.
Volatility
VEVFX vs. IVOV - Volatility Comparison
Vanguard Explorer Value Fund (VEVFX) has a higher volatility of 17.97% compared to Vanguard S&P Mid-Cap 400 Value ETF (IVOV) at 5.39%. This indicates that VEVFX's price experiences larger fluctuations and is considered to be riskier than IVOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.