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VHCAX vs. VHT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VHCAX and VHT is 0.77, 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.


-0.50.00.51.00.8

Performance

VHCAX vs. VHT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Capital Opportunity Fund Admiral Shares (VHCAX) and Vanguard Health Care ETF (VHT). The values are adjusted to include any dividend payments, if applicable.

600.00%700.00%800.00%900.00%JulyAugustSeptemberOctoberNovemberDecember
803.65%
579.65%
VHCAX
VHT

Key characteristics

Sharpe Ratio

VHCAX:

0.49

VHT:

0.52

Sortino Ratio

VHCAX:

0.70

VHT:

0.78

Omega Ratio

VHCAX:

1.12

VHT:

1.10

Calmar Ratio

VHCAX:

0.70

VHT:

0.48

Martin Ratio

VHCAX:

2.61

VHT:

1.64

Ulcer Index

VHCAX:

3.33%

VHT:

3.56%

Daily Std Dev

VHCAX:

17.53%

VHT:

11.22%

Max Drawdown

VHCAX:

-54.27%

VHT:

-39.12%

Current Drawdown

VHCAX:

-11.04%

VHT:

-11.19%

Returns By Period

In the year-to-date period, VHCAX achieves a 6.08% return, which is significantly higher than VHT's 2.74% return. Over the past 10 years, VHCAX has outperformed VHT with an annualized return of 11.34%, while VHT has yielded a comparatively lower 8.83% annualized return.


VHCAX

YTD

6.08%

1M

-8.19%

6M

-5.35%

1Y

6.70%

5Y*

10.13%

10Y*

11.34%

VHT

YTD

2.74%

1M

-3.98%

6M

-4.05%

1Y

3.70%

5Y*

7.12%

10Y*

8.83%

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. VHT - Expense Ratio Comparison

VHCAX has a 0.36% expense ratio, which is higher than VHT's 0.10% expense ratio.


VHCAX
Vanguard Capital Opportunity Fund Admiral Shares
Expense ratio chart for VHCAX: current value at 0.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.36%
Expense ratio chart for VHT: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%

Risk-Adjusted Performance

VHCAX vs. VHT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Capital Opportunity Fund Admiral Shares (VHCAX) and Vanguard Health Care ETF (VHT). 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.


Sharpe ratio
The chart of Sharpe ratio for VHCAX, currently valued at 0.49, compared to the broader market-1.000.001.002.003.004.000.490.52
The chart of Sortino ratio for VHCAX, currently valued at 0.70, compared to the broader market-2.000.002.004.006.008.0010.000.700.78
The chart of Omega ratio for VHCAX, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.003.501.121.10
The chart of Calmar ratio for VHCAX, currently valued at 0.70, compared to the broader market0.002.004.006.008.0010.0012.0014.000.700.48
The chart of Martin ratio for VHCAX, currently valued at 2.61, compared to the broader market0.0020.0040.0060.002.611.64
VHCAX
VHT

The current VHCAX Sharpe Ratio is 0.49, which is comparable to the VHT Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of VHCAX and VHT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.49
0.52
VHCAX
VHT

Dividends

VHCAX vs. VHT - Dividend Comparison

VHCAX has not paid dividends to shareholders, while VHT's dividend yield for the trailing twelve months is around 1.52%.


TTM20232022202120202019201820172016201520142013
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%
VHT
Vanguard Health Care ETF
1.52%1.36%1.33%1.14%1.21%1.89%1.38%1.31%1.45%1.22%1.02%1.12%

Drawdowns

VHCAX vs. VHT - Drawdown Comparison

The maximum VHCAX drawdown since its inception was -54.27%, which is greater than VHT's maximum drawdown of -39.12%. Use the drawdown chart below to compare losses from any high point for VHCAX and VHT. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.04%
-11.19%
VHCAX
VHT

Volatility

VHCAX vs. VHT - Volatility Comparison

Vanguard Capital Opportunity Fund Admiral Shares (VHCAX) has a higher volatility of 11.33% compared to Vanguard Health Care ETF (VHT) at 3.54%. This indicates that VHCAX's price experiences larger fluctuations and is considered to be riskier than VHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
11.33%
3.54%
VHCAX
VHT
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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