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VGCIX vs. VWEHX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VGCIX and VWEHX 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

VGCIX vs. VWEHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Global Credit Bond Fund Investor Shares (VGCIX) and Vanguard High-Yield Corporate Fund Investor Shares (VWEHX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

VGCIX:

1.45

VWEHX:

2.27

Sortino Ratio

VGCIX:

2.14

VWEHX:

3.50

Omega Ratio

VGCIX:

1.26

VWEHX:

1.56

Calmar Ratio

VGCIX:

0.58

VWEHX:

3.00

Martin Ratio

VGCIX:

5.82

VWEHX:

12.11

Ulcer Index

VGCIX:

1.02%

VWEHX:

0.64%

Daily Std Dev

VGCIX:

4.13%

VWEHX:

3.46%

Max Drawdown

VGCIX:

-20.84%

VWEHX:

-30.17%

Current Drawdown

VGCIX:

-4.61%

VWEHX:

0.00%

Returns By Period

In the year-to-date period, VGCIX achieves a 1.47% return, which is significantly lower than VWEHX's 2.10% return.


VGCIX

YTD

1.47%

1M

1.39%

6M

0.91%

1Y

5.96%

5Y*

0.82%

10Y*

N/A

VWEHX

YTD

2.10%

1M

2.64%

6M

2.22%

1Y

7.80%

5Y*

5.34%

10Y*

4.45%

*Annualized

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VGCIX vs. VWEHX - Expense Ratio Comparison

VGCIX has a 0.35% expense ratio, which is higher than VWEHX's 0.23% expense ratio.


Risk-Adjusted Performance

VGCIX vs. VWEHX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VGCIX
The Risk-Adjusted Performance Rank of VGCIX is 8686
Overall Rank
The Sharpe Ratio Rank of VGCIX is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of VGCIX is 9090
Sortino Ratio Rank
The Omega Ratio Rank of VGCIX is 8787
Omega Ratio Rank
The Calmar Ratio Rank of VGCIX is 7272
Calmar Ratio Rank
The Martin Ratio Rank of VGCIX is 8989
Martin Ratio Rank

VWEHX
The Risk-Adjusted Performance Rank of VWEHX is 9696
Overall Rank
The Sharpe Ratio Rank of VWEHX is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of VWEHX is 9595
Sortino Ratio Rank
The Omega Ratio Rank of VWEHX is 9595
Omega Ratio Rank
The Calmar Ratio Rank of VWEHX is 9696
Calmar Ratio Rank
The Martin Ratio Rank of VWEHX is 9696
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VGCIX vs. VWEHX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Credit Bond Fund Investor Shares (VGCIX) and Vanguard High-Yield Corporate Fund Investor Shares (VWEHX). 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.


The current VGCIX Sharpe Ratio is 1.45, which is lower than the VWEHX Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of VGCIX and VWEHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

VGCIX vs. VWEHX - Dividend Comparison

VGCIX has not paid dividends to shareholders, while VWEHX's dividend yield for the trailing twelve months is around 5.63%.


TTM20242023202220212020201920182017201620152014
VGCIX
Vanguard Global Credit Bond Fund Investor Shares
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VWEHX
Vanguard High-Yield Corporate Fund Investor Shares
5.63%6.13%5.68%5.11%4.15%4.62%5.25%5.93%5.30%5.39%5.88%5.59%

Drawdowns

VGCIX vs. VWEHX - Drawdown Comparison

The maximum VGCIX drawdown since its inception was -20.84%, smaller than the maximum VWEHX drawdown of -30.17%. Use the drawdown chart below to compare losses from any high point for VGCIX and VWEHX. For additional features, visit the drawdowns tool.


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Volatility

VGCIX vs. VWEHX - Volatility Comparison

The current volatility for Vanguard Global Credit Bond Fund Investor Shares (VGCIX) is 1.18%, while Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) has a volatility of 1.25%. This indicates that VGCIX experiences smaller price fluctuations and is considered to be less risky than VWEHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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