VGWAX vs. VGWLX
Compare and contrast key facts about Vanguard Global Wellington Fund Admiral Shares (VGWAX) and Vanguard Global Wellington Fund Investor Shares (VGWLX).
VGWAX is managed by Vanguard. It was launched on Nov 2, 2017. VGWLX is managed by Vanguard. It was launched on Nov 2, 2017.
Performance
VGWAX vs. VGWLX - Performance Comparison
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VGWAX vs. VGWLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VGWAX Vanguard Global Wellington Fund Admiral Shares | 2.68% | 17.48% | 6.27% | 12.54% | -7.07% | 13.51% | 7.51% | 22.16% | -5.05% |
VGWLX Vanguard Global Wellington Fund Investor Shares | 2.64% | 17.34% | 6.13% | 12.40% | -7.22% | 13.36% | 7.40% | 22.05% | -5.13% |
Returns By Period
The year-to-date returns for both stocks are quite close, with VGWAX having a 2.68% return and VGWLX slightly lower at 2.64%.
VGWAX
- 1D
- 1.61%
- 1M
- -4.28%
- YTD
- 2.68%
- 6M
- 7.07%
- 1Y
- 15.96%
- 3Y*
- 11.90%
- 5Y*
- 7.69%
- 10Y*
- —
VGWLX
- 1D
- 1.62%
- 1M
- -4.29%
- YTD
- 2.64%
- 6M
- 6.98%
- 1Y
- 15.77%
- 3Y*
- 11.75%
- 5Y*
- 7.54%
- 10Y*
- —
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VGWAX vs. VGWLX - Expense Ratio Comparison
VGWAX has a 0.29% expense ratio, which is lower than VGWLX's 0.42% expense ratio.
Return for Risk
VGWAX vs. VGWLX — Risk / Return Rank
VGWAX
VGWLX
VGWAX vs. VGWLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Wellington Fund Admiral Shares (VGWAX) and Vanguard Global Wellington Fund Investor Shares (VGWLX). 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.
| VGWAX | VGWLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.64 | 1.62 | +0.01 |
Sortino ratioReturn per unit of downside risk | 2.26 | 2.23 | +0.02 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.33 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 2.29 | 2.27 | +0.02 |
Martin ratioReturn relative to average drawdown | 9.01 | 8.91 | +0.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VGWAX | VGWLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.64 | 1.62 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.85 | 0.83 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.74 | +0.01 |
Correlation
The correlation between VGWAX and VGWLX is 1.00, 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
VGWAX vs. VGWLX - Dividend Comparison
VGWAX's dividend yield for the trailing twelve months is around 6.59%, more than VGWLX's 6.46% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VGWAX Vanguard Global Wellington Fund Admiral Shares | 6.59% | 6.78% | 7.47% | 2.66% | 4.50% | 3.36% | 1.64% | 2.08% | 2.62% |
VGWLX Vanguard Global Wellington Fund Investor Shares | 6.46% | 6.66% | 7.34% | 2.54% | 4.36% | 3.23% | 1.54% | 1.99% | 2.51% |
Drawdowns
VGWAX vs. VGWLX - Drawdown Comparison
The maximum VGWAX drawdown since its inception was -25.28%, roughly equal to the maximum VGWLX drawdown of -25.28%. Use the drawdown chart below to compare losses from any high point for VGWAX and VGWLX.
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Drawdown Indicators
| VGWAX | VGWLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.28% | -25.28% | 0.00% |
Max Drawdown (1Y)Largest decline over 1 year | -7.04% | -7.03% | -0.01% |
Max Drawdown (5Y)Largest decline over 5 years | -17.46% | -17.52% | +0.06% |
Current DrawdownCurrent decline from peak | -4.94% | -4.96% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -2.94% | -2.98% | +0.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.79% | 1.79% | 0.00% |
Volatility
VGWAX vs. VGWLX - Volatility Comparison
Vanguard Global Wellington Fund Admiral Shares (VGWAX) and Vanguard Global Wellington Fund Investor Shares (VGWLX) have volatilities of 3.86% and 3.87%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VGWAX | VGWLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.86% | 3.87% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 6.00% | 6.01% | -0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.69% | 9.69% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.12% | 9.13% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.00% | 11.00% | 0.00% |