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VGHAX vs. XHS
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VGHAX vs. XHS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Health Care Fund Admiral Shares (VGHAX) and SPDR S&P Health Care Services ETF (XHS). The values are adjusted to include any dividend payments, if applicable.

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VGHAX vs. XHS - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VGHAX
Vanguard Health Care Fund Admiral Shares
-3.02%19.72%9.10%5.51%-1.00%12.82%12.62%22.99%1.07%19.64%
XHS
SPDR S&P Health Care Services ETF
-5.88%18.83%1.76%5.15%-19.87%9.76%33.66%18.81%1.96%17.65%

Returns By Period

In the year-to-date period, VGHAX achieves a -3.02% return, which is significantly higher than XHS's -5.88% return. Over the past 10 years, VGHAX has outperformed XHS with an annualized return of 9.49%, while XHS has yielded a comparatively lower 6.57% annualized return.


VGHAX

1D
3.05%
1M
-4.71%
YTD
-3.02%
6M
6.85%
1Y
14.74%
3Y*
10.37%
5Y*
8.69%
10Y*
9.49%

XHS

1D
0.41%
1M
-7.76%
YTD
-5.88%
6M
-0.55%
1Y
3.13%
3Y*
5.47%
5Y*
-0.99%
10Y*
6.57%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VGHAX vs. XHS - Expense Ratio Comparison

VGHAX has a 0.25% expense ratio, which is lower than XHS's 0.35% expense ratio.


Return for Risk

VGHAX vs. XHS — Risk / Return Rank

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

VGHAX
VGHAX Risk / Return Rank: 3434
Overall Rank
VGHAX Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
VGHAX Sortino Ratio Rank: 3030
Sortino Ratio Rank
VGHAX Omega Ratio Rank: 2424
Omega Ratio Rank
VGHAX Calmar Ratio Rank: 5555
Calmar Ratio Rank
VGHAX Martin Ratio Rank: 3131
Martin Ratio Rank

XHS
XHS Risk / Return Rank: 1515
Overall Rank
XHS Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
XHS Sortino Ratio Rank: 1515
Sortino Ratio Rank
XHS Omega Ratio Rank: 1515
Omega Ratio Rank
XHS Calmar Ratio Rank: 1616
Calmar Ratio Rank
XHS Martin Ratio Rank: 1616
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VGHAX vs. XHS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Health Care Fund Admiral Shares (VGHAX) and SPDR S&P Health Care Services ETF (XHS). 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.


VGHAXXHSDifference

Sharpe ratio

Return per unit of total volatility

0.75

0.16

+0.59

Sortino ratio

Return per unit of downside risk

1.13

0.36

+0.77

Omega ratio

Gain probability vs. loss probability

1.14

1.04

+0.10

Calmar ratio

Return relative to maximum drawdown

1.36

0.22

+1.15

Martin ratio

Return relative to average drawdown

3.42

0.60

+2.81

VGHAX vs. XHS - Sharpe Ratio Comparison

The current VGHAX Sharpe Ratio is 0.75, which is higher than the XHS Sharpe Ratio of 0.16. The chart below compares the historical Sharpe Ratios of VGHAX and XHS, 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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Sharpe Ratios by Period


VGHAXXHSDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.75

0.16

+0.59

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.48

-0.05

+0.53

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

0.29

+0.25

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

0.53

+0.08

Correlation

The correlation between VGHAX and XHS is 0.71, 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.


Dividends

VGHAX vs. XHS - Dividend Comparison

VGHAX's dividend yield for the trailing twelve months is around 6.88%, more than XHS's 0.29% yield.


TTM20252024202320222021202020192018201720162015
VGHAX
Vanguard Health Care Fund Admiral Shares
6.88%6.07%22.84%7.22%5.49%7.05%8.02%11.87%9.15%7.36%8.60%8.21%
XHS
SPDR S&P Health Care Services ETF
0.29%0.27%0.38%0.23%0.19%0.20%0.23%2.37%0.34%0.22%0.28%0.93%

Drawdowns

VGHAX vs. XHS - Drawdown Comparison

The maximum VGHAX drawdown since its inception was -36.85%, smaller than the maximum XHS drawdown of -39.32%. Use the drawdown chart below to compare losses from any high point for VGHAX and XHS.


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Drawdown Indicators


VGHAXXHSDifference

Max Drawdown

Largest peak-to-trough decline

-36.85%

-39.32%

+2.47%

Max Drawdown (1Y)

Largest decline over 1 year

-9.19%

-12.61%

+3.42%

Max Drawdown (5Y)

Largest decline over 5 years

-16.92%

-32.62%

+15.70%

Max Drawdown (10Y)

Largest decline over 10 years

-27.17%

-39.32%

+12.15%

Current Drawdown

Current decline from peak

-6.01%

-11.97%

+5.96%

Average Drawdown

Average peak-to-trough decline

-5.61%

-10.27%

+4.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.67%

4.57%

-0.90%

Volatility

VGHAX vs. XHS - Volatility Comparison

Vanguard Health Care Fund Admiral Shares (VGHAX) has a higher volatility of 5.81% compared to SPDR S&P Health Care Services ETF (XHS) at 5.01%. This indicates that VGHAX's price experiences larger fluctuations and is considered to be riskier than XHS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VGHAXXHSDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.81%

5.01%

+0.80%

Volatility (6M)

Calculated over the trailing 6-month period

10.63%

12.44%

-1.81%

Volatility (1Y)

Calculated over the trailing 1-year period

17.66%

19.24%

-1.58%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.01%

21.05%

-3.04%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.58%

22.41%

-4.83%