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

Key characteristics


VGHAXVIMAX
YTD Return4.51%20.23%
1Y Return11.54%37.52%
3Y Return (Ann)-2.38%3.81%
5Y Return (Ann)2.04%11.77%
10Y Return (Ann)0.66%10.25%
Sharpe Ratio0.842.87
Sortino Ratio1.223.98
Omega Ratio1.151.51
Calmar Ratio0.531.89
Martin Ratio2.7617.85
Ulcer Index3.54%2.04%
Daily Std Dev11.59%12.66%
Max Drawdown-45.79%-58.88%
Current Drawdown-9.25%0.00%

Correlation

-0.50.00.51.00.7

The correlation between VGHAX and VIMAX is 0.74, 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

VGHAX vs. VIMAX - Performance Comparison

In the year-to-date period, VGHAX achieves a 4.51% return, which is significantly lower than VIMAX's 20.23% return. Over the past 10 years, VGHAX has underperformed VIMAX with an annualized return of 0.66%, while VIMAX has yielded a comparatively higher 10.25% annualized 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%JuneJulyAugustSeptemberOctoberNovember
2.55%
13.32%
VGHAX
VIMAX

Compare stocks, funds, or ETFs

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


VGHAX vs. VIMAX - Expense Ratio Comparison

VGHAX has a 0.25% expense ratio, which is higher than VIMAX's 0.05% 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%.


VGHAX
Vanguard Health Care Fund Admiral Shares
Expense ratio chart for VGHAX: 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 VIMAX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Risk-Adjusted Performance

VGHAX vs. VIMAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Health Care Fund Admiral Shares (VGHAX) and Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX). 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.


VGHAX
Sharpe ratio
The chart of Sharpe ratio for VGHAX, currently valued at 0.84, compared to the broader market0.002.004.000.84
Sortino ratio
The chart of Sortino ratio for VGHAX, currently valued at 1.22, compared to the broader market0.005.0010.001.22
Omega ratio
The chart of Omega ratio for VGHAX, currently valued at 1.15, compared to the broader market1.002.003.004.001.15
Calmar ratio
The chart of Calmar ratio for VGHAX, currently valued at 0.53, compared to the broader market0.005.0010.0015.0020.000.53
Martin ratio
The chart of Martin ratio for VGHAX, currently valued at 2.76, compared to the broader market0.0020.0040.0060.0080.00100.002.76
VIMAX
Sharpe ratio
The chart of Sharpe ratio for VIMAX, currently valued at 2.87, compared to the broader market0.002.004.002.87
Sortino ratio
The chart of Sortino ratio for VIMAX, currently valued at 3.98, compared to the broader market0.005.0010.003.98
Omega ratio
The chart of Omega ratio for VIMAX, currently valued at 1.51, compared to the broader market1.002.003.004.001.51
Calmar ratio
The chart of Calmar ratio for VIMAX, currently valued at 1.89, compared to the broader market0.005.0010.0015.0020.001.89
Martin ratio
The chart of Martin ratio for VIMAX, currently valued at 17.85, compared to the broader market0.0020.0040.0060.0080.00100.0017.85

VGHAX vs. VIMAX - Sharpe Ratio Comparison

The current VGHAX Sharpe Ratio is 0.84, which is lower than the VIMAX Sharpe Ratio of 2.87. The chart below compares the historical Sharpe Ratios of VGHAX and VIMAX, 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 Ratio0.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
0.84
2.87
VGHAX
VIMAX

Dividends

VGHAX vs. VIMAX - Dividend Comparison

VGHAX's dividend yield for the trailing twelve months is around 0.87%, less than VIMAX's 1.45% yield.


TTM20232022202120202019201820172016201520142013
VGHAX
Vanguard Health Care Fund Admiral Shares
0.87%0.89%0.83%0.91%0.93%1.22%1.28%1.06%1.06%1.24%1.05%1.32%
VIMAX
Vanguard Mid-Cap Index Fund Admiral Shares
1.45%1.51%1.59%1.11%1.44%1.47%1.82%1.35%1.45%1.47%1.29%1.17%

Drawdowns

VGHAX vs. VIMAX - Drawdown Comparison

The maximum VGHAX drawdown since its inception was -45.79%, smaller than the maximum VIMAX drawdown of -58.88%. Use the drawdown chart below to compare losses from any high point for VGHAX and VIMAX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-9.25%
0
VGHAX
VIMAX

Volatility

VGHAX vs. VIMAX - Volatility Comparison

The current volatility for Vanguard Health Care Fund Admiral Shares (VGHAX) is 3.12%, while Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX) has a volatility of 3.86%. This indicates that VGHAX experiences smaller price fluctuations and is considered to be less risky than VIMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.12%
3.86%
VGHAX
VIMAX