VGWLX vs. SGHIX

Last updated Jun 23, 2026

VGWLX (Vanguard Global Wellington Fund Investor Shares) and SGHIX (Sextant Global High Income Fund) are both Global Allocation funds. A 0.80 correlation means they provide meaningful diversification when combined. VGWLX charges 0.43%/yr vs 0.75%/yr for SGHIX.

Performance

VGWLX vs. SGHIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Global Wellington Fund Investor Shares (VGWLX) and Sextant Global High Income Fund (SGHIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VGWLX

• 1D: 0.31%
• 1M: 0.08%
• YTD: 9.93%
• 6M: 10.09%
• 1Y: 21.24%
• 3Y*: 13.32%
• 5Y*: 8.46%
• 10Y*: —

SGHIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VGWLX vs. SGHIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
VGWLX Vanguard Global Wellington Fund Investor Shares	9.93%	17.34%	6.13%	12.40%	-7.22%	13.36%	7.40%	22.05%	-5.13%
SGHIX Sextant Global High Income Fund	1.23%	18.52%	3.12%	10.05%	-7.80%	10.61%	-2.72%	11.47%	-2.29%

Correlation

The correlation between VGWLX and SGHIX is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (All Time) Calculated using the full available price history since Mar 14, 2018	0.80

The correlation between VGWLX and SGHIX shifts across timeframes, from 0.64 (1 year) to 0.80 (all time), reflecting how their relationship changes across market environments.

Return for Risk

VGWLX vs. SGHIX — Risk / Return Rank

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

VGWLX

VGWLX Risk / Return Rank: 78
VGWLX Sharpe Ratio Rank: 84
VGWLX Sortino Ratio Rank: 82
VGWLX Omega Ratio Rank: 80
VGWLX Calmar Ratio Rank: 72
VGWLX Martin Ratio Rank: 70

SGHIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

VGWLX vs. SGHIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Wellington Fund Investor Shares (VGWLX) and Sextant Global High Income Fund (SGHIX). 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	SGHIX	Difference
Sharpe ratio: Return per unit of total volatility	2.54	—	—
Sortino ratio: Return per unit of downside risk	3.58	—	—
Omega ratio: Gain probability vs. loss probability	1.48	—	—
Calmar ratio: Return relative to maximum drawdown	3.12	—	—
Martin ratio: Return relative to average drawdown	12.65	—	—

Drawdowns

Drawdown Indicators

	VGWLX	SGHIX	Difference
Max Drawdown Largest peak-to-trough decline	-25.28%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-6.68%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-7.67%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.52%	—	—
Current Drawdown Current decline from peak	-0.97%	—	—
Average Drawdown Average peak-to-trough decline	-2.92%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	—	—

Volatility

Volatility by Period

	VGWLX	SGHIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.86%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.24%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.23%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.97%	—	—

VGWLX vs. SGHIX - Expense Ratio Comparison

VGWLX has a 0.43% expense ratio, which is lower than SGHIX's 0.75% expense ratio.

Dividends

VGWLX vs. SGHIX - Dividend Comparison

VGWLX's dividend yield for the trailing twelve months is around 6.05%, more than SGHIX's 5.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SGHIX Sextant Global High Income Fund	5.01%	3.92%	3.13%	4.21%	3.51%	1.97%	3.56%	8.54%	3.75%	2.82%	4.51%	4.35%
VGWLX Vanguard Global Wellington Fund Investor Shares	6.05%	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

Can I hold both VGWLX and SGHIX in my portfolio?

VGWLX and SGHIX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.