PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
VEXRX vs. VSGAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

VEXRX vs. VSGAX - Performance Comparison

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

0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
10.04%
15.40%
VEXRX
VSGAX

Returns By Period

In the year-to-date period, VEXRX achieves a 14.32% return, which is significantly lower than VSGAX's 19.69% return. Over the past 10 years, VEXRX has underperformed VSGAX with an annualized return of 2.22%, while VSGAX has yielded a comparatively higher 9.48% annualized return.


VEXRX

YTD

14.32%

1M

2.73%

6M

8.67%

1Y

27.87%

5Y (annualized)

4.19%

10Y (annualized)

2.22%

VSGAX

YTD

19.69%

1M

6.16%

6M

13.61%

1Y

35.17%

5Y (annualized)

9.12%

10Y (annualized)

9.48%

Key characteristics


VEXRXVSGAX
Sharpe Ratio1.641.82
Sortino Ratio2.332.51
Omega Ratio1.281.30
Calmar Ratio0.751.17
Martin Ratio9.259.29
Ulcer Index2.92%3.65%
Daily Std Dev16.46%18.61%
Max Drawdown-61.00%-38.70%
Current Drawdown-18.37%-4.00%

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. VSGAX - Expense Ratio Comparison

VEXRX has a 0.29% expense ratio, which is higher than VSGAX's 0.07% 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 VSGAX: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%

Correlation

-0.50.00.51.01.0

The correlation between VEXRX and VSGAX is 0.98, 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.

Risk-Adjusted Performance

VEXRX vs. VSGAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Explorer Fund Admiral Shares (VEXRX) and Vanguard Small-Cap Growth Index Fund Admiral Shares (VSGAX). 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 1.64, compared to the broader market-1.000.001.002.003.004.005.001.641.82
The chart of Sortino ratio for VEXRX, currently valued at 2.33, compared to the broader market0.005.0010.002.332.51
The chart of Omega ratio for VEXRX, currently valued at 1.28, compared to the broader market1.002.003.004.001.281.30
The chart of Calmar ratio for VEXRX, currently valued at 0.75, compared to the broader market0.005.0010.0015.0020.0025.000.751.17
The chart of Martin ratio for VEXRX, currently valued at 9.25, compared to the broader market0.0020.0040.0060.0080.00100.009.259.29
VEXRX
VSGAX

The current VEXRX Sharpe Ratio is 1.64, which is comparable to the VSGAX Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of VEXRX and VSGAX, 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 Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.64
1.82
VEXRX
VSGAX

Dividends

VEXRX vs. VSGAX - Dividend Comparison

VEXRX's dividend yield for the trailing twelve months is around 0.54%, less than VSGAX's 0.60% yield.


TTM20232022202120202019201820172016201520142013
VEXRX
Vanguard Explorer Fund Admiral Shares
0.54%0.62%0.51%0.36%0.23%0.39%0.51%0.50%0.50%0.51%0.37%0.22%
VSGAX
Vanguard Small-Cap Growth Index Fund Admiral Shares
0.60%0.68%0.55%0.36%0.44%0.57%0.79%0.81%1.08%0.98%1.01%0.65%

Drawdowns

VEXRX vs. VSGAX - Drawdown Comparison

The maximum VEXRX drawdown since its inception was -61.00%, which is greater than VSGAX's maximum drawdown of -38.70%. Use the drawdown chart below to compare losses from any high point for VEXRX and VSGAX. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-18.37%
-4.00%
VEXRX
VSGAX

Volatility

VEXRX vs. VSGAX - Volatility Comparison

Vanguard Explorer Fund Admiral Shares (VEXRX) and Vanguard Small-Cap Growth Index Fund Admiral Shares (VSGAX) have volatilities of 5.58% and 5.86%, 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.


3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
5.58%
5.86%
VEXRX
VSGAX