VHCAX vs. SPY
Compare and contrast key facts about Vanguard Capital Opportunity Fund Admiral Shares (VHCAX) and SPDR S&P 500 ETF (SPY).
VHCAX is managed by Vanguard. It was launched on Nov 12, 2001. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VHCAX or SPY.
Correlation
The correlation between VHCAX and SPY is 0.90, 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
VHCAX vs. SPY - Performance Comparison
Key characteristics
VHCAX:
0.49
SPY:
2.21
VHCAX:
0.70
SPY:
2.93
VHCAX:
1.12
SPY:
1.41
VHCAX:
0.70
SPY:
3.26
VHCAX:
2.61
SPY:
14.43
VHCAX:
3.33%
SPY:
1.90%
VHCAX:
17.53%
SPY:
12.41%
VHCAX:
-54.27%
SPY:
-55.19%
VHCAX:
-11.04%
SPY:
-2.74%
Returns By Period
In the year-to-date period, VHCAX achieves a 6.08% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, VHCAX has underperformed SPY with an annualized return of 11.34%, while SPY has yielded a comparatively higher 12.97% annualized return.
VHCAX
6.08%
-8.19%
-5.35%
6.70%
10.13%
11.34%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VHCAX vs. SPY - Expense Ratio Comparison
VHCAX has a 0.36% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
VHCAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Capital Opportunity Fund Admiral Shares (VHCAX) and SPDR S&P 500 ETF (SPY). 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
VHCAX vs. SPY - Dividend Comparison
VHCAX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.86%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VHCAX Vanguard Capital Opportunity Fund Admiral Shares | 0.00% | 0.76% | 0.88% | 0.45% | 0.52% | 0.81% | 0.94% | 0.67% | 0.77% | 0.67% | 0.67% | 0.24% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
VHCAX vs. SPY - Drawdown Comparison
The maximum VHCAX drawdown since its inception was -54.27%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VHCAX and SPY. For additional features, visit the drawdowns tool.
Volatility
VHCAX vs. SPY - Volatility Comparison
Vanguard Capital Opportunity Fund Admiral Shares (VHCAX) has a higher volatility of 11.33% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that VHCAX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.