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 0.91, 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:
0.15
SPY:
0.51
VHCAX:
0.36
SPY:
0.86
VHCAX:
1.05
SPY:
1.13
VHCAX:
0.15
SPY:
0.55
VHCAX:
0.57
SPY:
2.26
VHCAX:
5.58%
SPY:
4.55%
VHCAX:
21.42%
SPY:
20.08%
VHCAX:
-61.09%
SPY:
-55.19%
VHCAX:
-11.32%
SPY:
-9.89%
Returns By Period
In the year-to-date period, VHCAX achieves a -5.40% return, which is significantly higher than SPY's -5.76% return. Over the past 10 years, VHCAX has underperformed SPY with an annualized return of 4.96%, while SPY has yielded a comparatively higher 11.99% annualized return.
VHCAX
-5.40%
-4.75%
-5.73%
3.77%
8.07%
4.96%
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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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 Rank
VHCAX
SPY
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's dividend yield for the trailing twelve months is around 0.82%, less than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VHCAX Vanguard Capital Opportunity Fund Admiral Shares | 0.82% | 0.77% | 0.76% | 0.88% | 0.45% | 0.52% | 0.81% | 0.94% | 0.67% | 0.77% | 0.67% | 0.67% |
SPY SPDR S&P 500 ETF | 1.30% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
VHCAX vs. SPY - Drawdown Comparison
The maximum VHCAX drawdown since its inception was -61.09%, which is greater than SPY's maximum 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) and SPDR S&P 500 ETF (SPY) have volatilities of 15.22% and 15.12%, 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.