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VEXRX vs. VINIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VEXRX and VINIX is 0.89, 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.


-0.50.00.51.00.9

Performance

VEXRX vs. VINIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Explorer Fund Admiral Shares (VEXRX) and Vanguard Institutional Index Fund Institutional Shares (VINIX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
7.18%
7.88%
VEXRX
VINIX

Key characteristics

Sharpe Ratio

VEXRX:

0.67

VINIX:

1.96

Sortino Ratio

VEXRX:

1.03

VINIX:

2.63

Omega Ratio

VEXRX:

1.12

VINIX:

1.37

Calmar Ratio

VEXRX:

0.36

VINIX:

2.92

Martin Ratio

VEXRX:

3.66

VINIX:

12.96

Ulcer Index

VEXRX:

3.03%

VINIX:

1.91%

Daily Std Dev

VEXRX:

16.55%

VINIX:

12.58%

Max Drawdown

VEXRX:

-61.00%

VINIX:

-55.19%

Current Drawdown

VEXRX:

-21.25%

VINIX:

-3.62%

Returns By Period

In the year-to-date period, VEXRX achieves a 10.29% return, which is significantly lower than VINIX's 24.62% return. Over the past 10 years, VEXRX has underperformed VINIX with an annualized return of 3.19%, while VINIX has yielded a comparatively higher 12.96% annualized return.


VEXRX

YTD

10.29%

1M

-3.07%

6M

7.18%

1Y

12.94%

5Y*

3.52%

10Y*

3.19%

VINIX

YTD

24.62%

1M

-0.72%

6M

7.88%

1Y

26.54%

5Y*

14.54%

10Y*

12.96%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VEXRX vs. VINIX - Expense Ratio Comparison

VEXRX has a 0.29% expense ratio, which is higher than VINIX's 0.04% expense ratio.


VEXRX
Vanguard Explorer Fund Admiral Shares
Expense ratio chart for VEXRX: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%
Expense ratio chart for VINIX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

VEXRX vs. VINIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Explorer Fund Admiral Shares (VEXRX) and Vanguard Institutional Index Fund Institutional Shares (VINIX). 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.


Sharpe ratio
The chart of Sharpe ratio for VEXRX, currently valued at 0.67, compared to the broader market-1.000.001.002.003.004.000.671.96
The chart of Sortino ratio for VEXRX, currently valued at 1.03, compared to the broader market-2.000.002.004.006.008.0010.001.032.63
The chart of Omega ratio for VEXRX, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.003.501.121.37
The chart of Calmar ratio for VEXRX, currently valued at 0.36, compared to the broader market0.002.004.006.008.0010.0012.0014.000.362.92
The chart of Martin ratio for VEXRX, currently valued at 3.66, compared to the broader market0.0020.0040.0060.003.6612.96
VEXRX
VINIX

The current VEXRX Sharpe Ratio is 0.67, which is lower than the VINIX Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of VEXRX and VINIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.67
1.96
VEXRX
VINIX

Dividends

VEXRX vs. VINIX - Dividend Comparison

VEXRX has not paid dividends to shareholders, while VINIX's dividend yield for the trailing twelve months is around 1.27%.


TTM20232022202120202019201820172016201520142013
VEXRX
Vanguard Explorer Fund Admiral Shares
0.00%0.62%0.51%0.36%0.23%0.39%0.51%0.50%0.50%0.51%0.37%0.22%
VINIX
Vanguard Institutional Index Fund Institutional Shares
1.27%1.47%1.74%1.28%1.59%1.91%2.13%1.82%2.07%2.45%1.88%1.85%

Drawdowns

VEXRX vs. VINIX - Drawdown Comparison

The maximum VEXRX drawdown since its inception was -61.00%, which is greater than VINIX's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VEXRX and VINIX. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-21.25%
-3.62%
VEXRX
VINIX

Volatility

VEXRX vs. VINIX - Volatility Comparison

Vanguard Explorer Fund Admiral Shares (VEXRX) has a higher volatility of 5.30% compared to Vanguard Institutional Index Fund Institutional Shares (VINIX) at 3.62%. This indicates that VEXRX's price experiences larger fluctuations and is considered to be riskier than VINIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.30%
3.62%
VEXRX
VINIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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