VEVFX vs. NAESX
Compare and contrast key facts about Vanguard Explorer Value Fund (VEVFX) and Vanguard Small Cap Index Fund (NAESX).
VEVFX is managed by Vanguard. It was launched on Mar 30, 2010. NAESX is managed by Vanguard. It was launched on Oct 3, 1960.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VEVFX or NAESX.
Key characteristics
| VEVFX | NAESX | |
|---|---|---|
| YTD Return | 13.01% | 12.08% |
| 1Y Return | 25.29% | 28.24% |
| 3Y Return (Ann) | 2.69% | 1.19% |
| 5Y Return (Ann) | 9.00% | 9.78% |
| 10Y Return (Ann) | 8.15% | 8.99% |
| Sharpe Ratio | 1.56 | 1.80 |
| Sortino Ratio | 2.26 | 2.56 |
| Omega Ratio | 1.27 | 1.31 |
| Calmar Ratio | 1.69 | 1.42 |
| Martin Ratio | 8.99 | 10.04 |
| Ulcer Index | 3.11% | 3.11% |
| Daily Std Dev | 17.92% | 17.20% |
| Max Drawdown | -47.53% | -59.77% |
| Current Drawdown | -2.54% | -2.28% |
Correlation
The correlation between VEVFX and NAESX is 0.97, 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. NAESX - Performance Comparison
In the year-to-date period, VEVFX achieves a 13.01% return, which is significantly higher than NAESX's 12.08% return. Over the past 10 years, VEVFX has underperformed NAESX with an annualized return of 8.15%, while NAESX has yielded a comparatively higher 8.99% annualized 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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VEVFX vs. NAESX - Expense Ratio Comparison
VEVFX has a 0.52% expense ratio, which is higher than NAESX's 0.17% expense ratio.
Risk-Adjusted Performance
VEVFX vs. NAESX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Explorer Value Fund (VEVFX) and Vanguard Small Cap Index Fund (NAESX). 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. NAESX - Dividend Comparison
VEVFX's dividend yield for the trailing twelve months is around 0.68%, less than NAESX's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEVFX Vanguard Explorer Value Fund | 0.68% | 0.76% | 3.85% | 4.07% | 0.86% | 1.47% | 8.92% | 3.78% | 2.26% | 6.31% | 5.96% | 7.02% |
NAESX Vanguard Small Cap Index Fund | 1.28% | 1.44% | 1.41% | 1.12% | 1.05% | 1.27% | 1.53% | 1.24% | 1.39% | 1.35% | 1.27% | 1.17% |
Drawdowns
VEVFX vs. NAESX - Drawdown Comparison
The maximum VEVFX drawdown since its inception was -47.53%, smaller than the maximum NAESX drawdown of -59.77%. Use the drawdown chart below to compare losses from any high point for VEVFX and NAESX. For additional features, visit the drawdowns tool.
Volatility
VEVFX vs. NAESX - Volatility Comparison
Vanguard Explorer Value Fund (VEVFX) has a higher volatility of 3.82% compared to Vanguard Small Cap Index Fund (NAESX) at 3.43%. This indicates that VEVFX's price experiences larger fluctuations and is considered to be riskier than NAESX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.