VGCAX vs. VOO
Compare and contrast key facts about Vanguard Global Credit Bond Fund Admiral Shares (VGCAX) and Vanguard S&P 500 ETF (VOO).
VGCAX is managed by Vanguard. It was launched on Nov 15, 2018. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 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: VGCAX or VOO.
Performance
VGCAX vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, VGCAX achieves a 4.16% return, which is significantly lower than VOO's 25.52% return.
VGCAX
4.16%
-0.31%
4.07%
9.12%
1.69%
N/A
VOO
25.52%
1.19%
12.21%
32.23%
15.58%
13.15%
Key characteristics
| VGCAX | VOO | |
|---|---|---|
| Sharpe Ratio | 2.03 | 2.62 |
| Sortino Ratio | 3.07 | 3.50 |
| Omega Ratio | 1.36 | 1.49 |
| Calmar Ratio | 0.81 | 3.78 |
| Martin Ratio | 9.63 | 17.12 |
| Ulcer Index | 0.95% | 1.86% |
| Daily Std Dev | 4.53% | 12.19% |
| Max Drawdown | -18.63% | -33.99% |
| Current Drawdown | -3.09% | -1.36% |
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VGCAX vs. VOO - Expense Ratio Comparison
VGCAX has a 0.25% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between VGCAX and VOO is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
VGCAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Credit Bond Fund Admiral Shares (VGCAX) and Vanguard S&P 500 ETF (VOO). 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
VGCAX vs. VOO - Dividend Comparison
VGCAX's dividend yield for the trailing twelve months is around 4.52%, more than VOO's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGCAX Vanguard Global Credit Bond Fund Admiral Shares | 4.52% | 4.49% | 2.72% | 1.62% | 2.35% | 3.66% | 0.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
VGCAX vs. VOO - Drawdown Comparison
The maximum VGCAX drawdown since its inception was -18.63%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VGCAX and VOO. For additional features, visit the drawdowns tool.
Volatility
VGCAX vs. VOO - Volatility Comparison
The current volatility for Vanguard Global Credit Bond Fund Admiral Shares (VGCAX) is 1.06%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.10%. This indicates that VGCAX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.