VGWAX vs. VBIAX
Compare and contrast key facts about Vanguard Global Wellington Fund Admiral Shares (VGWAX) and Vanguard Balanced Index Fund Admiral Shares (VBIAX).
VGWAX is managed by Vanguard. It was launched on Nov 2, 2017. VBIAX is managed by Vanguard. It was launched on Nov 13, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VGWAX or VBIAX.
Key characteristics
| VGWAX | VBIAX | |
|---|---|---|
| YTD Return | 8.39% | 15.60% |
| 1Y Return | 16.33% | 22.70% |
| 3Y Return (Ann) | 4.44% | 2.63% |
| 5Y Return (Ann) | 7.30% | 7.75% |
| Sharpe Ratio | 2.37 | 2.59 |
| Sortino Ratio | 3.35 | 3.53 |
| Omega Ratio | 1.45 | 1.50 |
| Calmar Ratio | 4.46 | 1.82 |
| Martin Ratio | 14.57 | 15.91 |
| Ulcer Index | 1.13% | 1.42% |
| Daily Std Dev | 6.92% | 8.75% |
| Max Drawdown | -25.28% | -35.90% |
| Current Drawdown | -1.92% | -0.43% |
Correlation
The correlation between VGWAX and VBIAX is 0.88, 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
VGWAX vs. VBIAX - Performance Comparison
In the year-to-date period, VGWAX achieves a 8.39% return, which is significantly lower than VBIAX's 15.60% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VGWAX vs. VBIAX - Expense Ratio Comparison
VGWAX has a 0.29% expense ratio, which is higher than VBIAX's 0.07% expense ratio.
Risk-Adjusted Performance
VGWAX vs. VBIAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Wellington Fund Admiral Shares (VGWAX) and Vanguard Balanced Index Fund Admiral Shares (VBIAX). 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
VGWAX vs. VBIAX - Dividend Comparison
VGWAX's dividend yield for the trailing twelve months is around 3.13%, more than VBIAX's 2.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGWAX Vanguard Global Wellington Fund Admiral Shares | 3.13% | 2.62% | 2.05% | 1.80% | 1.64% | 1.92% | 2.42% | 0.23% | 0.00% | 0.00% | 0.00% | 0.00% |
VBIAX Vanguard Balanced Index Fund Admiral Shares | 2.02% | 2.04% | 1.93% | 1.39% | 1.66% | 2.12% | 2.32% | 1.95% | 2.09% | 2.09% | 1.92% | 1.85% |
Drawdowns
VGWAX vs. VBIAX - Drawdown Comparison
The maximum VGWAX drawdown since its inception was -25.28%, smaller than the maximum VBIAX drawdown of -35.90%. Use the drawdown chart below to compare losses from any high point for VGWAX and VBIAX. For additional features, visit the drawdowns tool.
Volatility
VGWAX vs. VBIAX - Volatility Comparison
The current volatility for Vanguard Global Wellington Fund Admiral Shares (VGWAX) is 1.90%, while Vanguard Balanced Index Fund Admiral Shares (VBIAX) has a volatility of 2.47%. This indicates that VGWAX experiences smaller price fluctuations and is considered to be less risky than VBIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.