VFICX vs. VWESX
Compare and contrast key facts about Vanguard Intermediate-Term Investment-Grade Fund Investor Shares (VFICX) and Vanguard Long-Term Investment-Grade Fund Investor Shares (VWESX).
VFICX is managed by Vanguard. It was launched on Nov 1, 1993. VWESX is managed by Vanguard. It was launched on Jul 9, 1973.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VFICX or VWESX.
Key characteristics
| VFICX | VWESX | |
|---|---|---|
| YTD Return | 4.09% | 0.96% |
| 1Y Return | 12.31% | 14.42% |
| 3Y Return (Ann) | -1.44% | -7.59% |
| 5Y Return (Ann) | 0.42% | -2.54% |
| 10Y Return (Ann) | 1.83% | 1.13% |
| Sharpe Ratio | 1.93 | 1.13 |
| Sortino Ratio | 2.90 | 1.66 |
| Omega Ratio | 1.36 | 1.20 |
| Calmar Ratio | 0.65 | 0.36 |
| Martin Ratio | 8.11 | 3.51 |
| Ulcer Index | 1.42% | 3.58% |
| Daily Std Dev | 5.95% | 11.08% |
| Max Drawdown | -22.68% | -39.13% |
| Current Drawdown | -7.45% | -25.44% |
Correlation
The correlation between VFICX and VWESX is 0.88, 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
VFICX vs. VWESX - Performance Comparison
In the year-to-date period, VFICX achieves a 4.09% return, which is significantly higher than VWESX's 0.96% return. Over the past 10 years, VFICX has outperformed VWESX with an annualized return of 1.83%, while VWESX has yielded a comparatively lower 1.13% 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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VFICX vs. VWESX - Expense Ratio Comparison
VFICX has a 0.20% expense ratio, which is lower than VWESX's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
VFICX vs. VWESX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Investment-Grade Fund Investor Shares (VFICX) and Vanguard Long-Term Investment-Grade Fund Investor Shares (VWESX). 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
VFICX vs. VWESX - Dividend Comparison
VFICX's dividend yield for the trailing twelve months is around 4.41%, less than VWESX's 4.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VFICX Vanguard Intermediate-Term Investment-Grade Fund Investor Shares | 4.41% | 3.81% | 3.09% | 2.26% | 2.51% | 3.04% | 3.21% | 2.80% | 2.87% | 3.08% | 3.16% | 3.27% |
VWESX Vanguard Long-Term Investment-Grade Fund Investor Shares | 4.83% | 4.55% | 4.44% | 3.12% | 3.17% | 3.68% | 4.32% | 3.99% | 4.35% | 4.53% | 4.36% | 5.03% |
Drawdowns
VFICX vs. VWESX - Drawdown Comparison
The maximum VFICX drawdown since its inception was -22.68%, smaller than the maximum VWESX drawdown of -39.13%. Use the drawdown chart below to compare losses from any high point for VFICX and VWESX. For additional features, visit the drawdowns tool.
Volatility
VFICX vs. VWESX - Volatility Comparison
The current volatility for Vanguard Intermediate-Term Investment-Grade Fund Investor Shares (VFICX) is 1.65%, while Vanguard Long-Term Investment-Grade Fund Investor Shares (VWESX) has a volatility of 3.56%. This indicates that VFICX experiences smaller price fluctuations and is considered to be less risky than VWESX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.