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VGCAX vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


VGCAXVOO
YTD Return4.21%26.88%
1Y Return10.93%37.59%
3Y Return (Ann)-0.63%10.23%
5Y Return (Ann)1.74%15.93%
Sharpe Ratio2.343.06
Sortino Ratio3.624.08
Omega Ratio1.431.58
Calmar Ratio0.874.43
Martin Ratio11.9920.25
Ulcer Index0.92%1.85%
Daily Std Dev4.69%12.23%
Max Drawdown-18.63%-33.99%
Current Drawdown-3.04%-0.30%

Correlation

-0.50.00.51.00.1

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.

Performance

VGCAX vs. VOO - Performance Comparison

In the year-to-date period, VGCAX achieves a 4.21% return, which is significantly lower than VOO's 26.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
4.39%
14.84%
VGCAX
VOO

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


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%.


VGCAX
Vanguard Global Credit Bond Fund Admiral Shares
Expense ratio chart for VGCAX: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%
Expense ratio chart for VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

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.


VGCAX
Sharpe ratio
The chart of Sharpe ratio for VGCAX, currently valued at 2.34, compared to the broader market0.002.004.002.34
Sortino ratio
The chart of Sortino ratio for VGCAX, currently valued at 3.62, compared to the broader market0.005.0010.003.62
Omega ratio
The chart of Omega ratio for VGCAX, currently valued at 1.43, compared to the broader market1.002.003.004.001.43
Calmar ratio
The chart of Calmar ratio for VGCAX, currently valued at 0.87, compared to the broader market0.005.0010.0015.0020.0025.000.87
Martin ratio
The chart of Martin ratio for VGCAX, currently valued at 11.99, compared to the broader market0.0020.0040.0060.0080.00100.0011.99
VOO
Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 3.06, compared to the broader market0.002.004.003.06
Sortino ratio
The chart of Sortino ratio for VOO, currently valued at 4.08, compared to the broader market0.005.0010.004.08
Omega ratio
The chart of Omega ratio for VOO, currently valued at 1.58, compared to the broader market1.002.003.004.001.58
Calmar ratio
The chart of Calmar ratio for VOO, currently valued at 4.43, compared to the broader market0.005.0010.0015.0020.0025.004.43
Martin ratio
The chart of Martin ratio for VOO, currently valued at 20.25, compared to the broader market0.0020.0040.0060.0080.00100.0020.25

VGCAX vs. VOO - Sharpe Ratio Comparison

The current VGCAX Sharpe Ratio is 2.34, which is comparable to the VOO Sharpe Ratio of 3.06. The chart below compares the historical Sharpe Ratios of VGCAX and VOO, 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 Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.34
3.06
VGCAX
VOO

Dividends

VGCAX vs. VOO - Dividend Comparison

VGCAX's dividend yield for the trailing twelve months is around 4.52%, more than VOO's 1.23% yield.


TTM20232022202120202019201820172016201520142013
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
1.23%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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.04%
-0.30%
VGCAX
VOO

Volatility

VGCAX vs. VOO - Volatility Comparison

The current volatility for Vanguard Global Credit Bond Fund Admiral Shares (VGCAX) is 1.30%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.89%. 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.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
1.30%
3.89%
VGCAX
VOO