VGHCX vs. VHT
Compare and contrast key facts about Vanguard Health Care Fund Investor Shares (VGHCX) and Vanguard Health Care ETF (VHT).
VGHCX is managed by Vanguard. It was launched on May 23, 1984. VHT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Health Care 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VGHCX or VHT.
Key characteristics
| VGHCX | VHT | |
|---|---|---|
| YTD Return | 14.06% | 14.38% |
| 1Y Return | 18.98% | 19.76% |
| 3Y Return (Ann) | 6.77% | 4.70% |
| 5Y Return (Ann) | 11.83% | 12.07% |
| 10Y Return (Ann) | 9.54% | 10.73% |
| Sharpe Ratio | 1.61 | 1.76 |
| Daily Std Dev | 11.76% | 11.26% |
| Max Drawdown | -36.98% | -39.12% |
| Current Drawdown | -2.73% | -1.14% |
Correlation
The correlation between VGHCX and VHT is 0.94, 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
VGHCX vs. VHT - Performance Comparison
The year-to-date returns for both investments are quite close, with VGHCX having a 14.06% return and VHT slightly higher at 14.38%. Over the past 10 years, VGHCX has underperformed VHT with an annualized return of 9.54%, while VHT has yielded a comparatively higher 10.73% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VGHCX vs. VHT - Expense Ratio Comparison
VGHCX has a 0.30% expense ratio, which is higher than VHT's 0.10% expense ratio.
Risk-Adjusted Performance
VGHCX vs. VHT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Health Care Fund Investor Shares (VGHCX) and Vanguard Health Care ETF (VHT). 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
VGHCX vs. VHT - Dividend Comparison
VGHCX's dividend yield for the trailing twelve months is around 6.22%, more than VHT's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGHCX Vanguard Health Care Fund Investor Shares | 6.22% | 7.17% | 5.44% | 8.31% | 7.96% | 11.82% | 9.18% | 7.30% | 8.54% | 8.16% | 13.02% | 8.73% |
VHT Vanguard Health Care ETF | 1.25% | 1.36% | 1.33% | 1.14% | 1.21% | 1.89% | 1.38% | 1.31% | 1.45% | 1.22% | 1.02% | 1.12% |
Drawdowns
VGHCX vs. VHT - Drawdown Comparison
The maximum VGHCX drawdown since its inception was -36.98%, smaller than the maximum VHT drawdown of -39.12%. Use the drawdown chart below to compare losses from any high point for VGHCX and VHT. For additional features, visit the drawdowns tool.
Volatility
VGHCX vs. VHT - Volatility Comparison
Vanguard Health Care Fund Investor Shares (VGHCX) has a higher volatility of 2.62% compared to Vanguard Health Care ETF (VHT) at 2.38%. This indicates that VGHCX's price experiences larger fluctuations and is considered to be riskier than VHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.