VGWLX vs. FPURX
VGWLX (Vanguard Global Wellington Fund Investor Shares) and FPURX (Fidelity Puritan Fund) are both mutual funds - VGWLX is a Global Allocation fund actively managed by Vanguard, while FPURX is a Diversified Portfolio fund actively managed by Fidelity. Both are actively managed. Over the past 5 years, VGWLX returned 8.42%/yr vs 8.51%/yr for FPURX. Their correlation of 0.81 means they have usually moved in the same direction. VGWLX charges 0.43%/yr vs 0.50%/yr for FPURX.
Performance
VGWLX vs. FPURX - Performance Comparison
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Returns By Period
In the year-to-date period, VGWLX achieves a 11.55% return, which is significantly higher than FPURX's 7.22% return.
VGWLX
- 1D
- 1.00%
- 1M
- 0.63%
- 6M
- 6.98%
- YTD
- 11.55%
- 1Y
- 21.82%
- 3Y*
- 13.15%
- 5Y*
- 8.42%
- 10Y*
- —
- ALL TIME*
- 8.90%
FPURX
- 1D
- 1.35%
- 1M
- -2.24%
- 6M
- 5.09%
- YTD
- 7.22%
- 1Y
- 15.02%
- 3Y*
- 14.36%
- 5Y*
- 8.51%
- 10Y*
- 10.95%
- ALL TIME*
- 9.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
VGWLX vs. FPURX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VGWLX Vanguard Global Wellington Fund Investor Shares | 11.55% | 17.34% | 6.13% | 12.40% | -7.22% | 13.36% | 7.40% | 22.05% | -5.13% |
FPURX Fidelity Puritan Fund | 7.22% | 12.22% | 18.94% | 20.20% | -17.35% | 18.92% | 20.58% | 21.27% | -6.69% |
Correlation
The correlation between VGWLX and FPURX is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.70 |
Correlation (3Y) Balances recent behavior with more history. | 0.70 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.79 |
Correlation (All Time) Calculated using the full available price history since Mar 14, 2018 | 0.81 |
The correlation between VGWLX and FPURX shifts across timeframes, from 0.70 (3 years) to 0.81 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VGWLX vs. FPURX — Risk / Return Rank
VGWLX
FPURX
VGWLX vs. FPURX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Wellington Fund Investor Shares (VGWLX) and Fidelity Puritan Fund (FPURX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VGWLX | FPURX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.26 | ||
| Sortino ratioReturn per unit of downside risk | +1.82 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.23 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 3.13 | 1.97 | +1.16 |
| Martin ratioReturn relative to average drawdown | 12.60 | 7.58 | +5.03 |
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Drawdowns
VGWLX vs. FPURX - Drawdown Comparison
The maximum VGWLX drawdown since its inception was -25.28%, smaller than the maximum FPURX drawdown of -31.76%. Use the drawdown chart below to compare losses from any high point for VGWLX and FPURX.
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Drawdown Indicators
| VGWLX | FPURX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.28% | -31.76% | +6.48% |
Max Drawdown (1Y)Largest decline over 1 year | -6.68% | -7.24% | +0.56% |
Max Drawdown (3Y)Largest decline over 3 years | -7.67% | -16.51% | +8.84% |
Max Drawdown (5Y)Largest decline over 5 years | -17.52% | -22.53% | +5.01% |
Max Drawdown (10Y)Largest decline over 10 years | — | -23.93% | — |
Current DrawdownCurrent decline from peak | -0.03% | -4.03% | +4.00% |
Average DrawdownAverage peak-to-trough decline | -2.90% | -4.64% | +1.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 1.88% | -0.22% |
Volatility
VGWLX vs. FPURX - Volatility Comparison
The current volatility for Vanguard Global Wellington Fund Investor Shares (VGWLX) is 2.26%, while Fidelity Puritan Fund (FPURX) has a volatility of 3.41%. This indicates that VGWLX experiences smaller price fluctuations and is considered to be less risky than FPURX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VGWLX | FPURX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.26% | 3.41% | -1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 6.82% | 9.33% | -2.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.27% | 11.24% | -2.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.23% | 13.47% | -4.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.93% | 13.18% | -2.25% |
VGWLX vs. FPURX - Expense Ratio Comparison
VGWLX has a 0.43% expense ratio, which is lower than FPURX's 0.50% expense ratio.
Dividends
VGWLX vs. FPURX - Dividend Comparison
VGWLX's dividend yield for the trailing twelve months is around 5.96%, less than FPURX's 6.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPURX Fidelity Puritan Fund | 6.43% | 6.83% | 11.30% | 5.34% | 9.38% | 13.10% | 5.10% | 4.29% | 15.26% | 3.78% | 3.71% | 7.49% |
VGWLX Vanguard Global Wellington Fund Investor Shares | 5.96% | 6.66% | 7.34% | 2.54% | 4.36% | 3.23% | 1.54% | 1.99% | 2.51% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VGWLX and FPURX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FPURX has higher volatility (3.41%) compared to VGWLX (2.26%). In terms of maximum drawdown, VGWLX dropped -25.28% vs FPURX's -31.76%.
VGWLX currently has the higher Sharpe Ratio (2.53 vs 1.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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