VHCOX vs. VHT
Compare and contrast key facts about Vanguard Capital Opportunity Fund Investor Shares (VHCOX) and Vanguard Health Care ETF (VHT).
VHCOX is managed by Vanguard. It was launched on Aug 14, 1995. VHT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Health Care 25/50 Index. It was launched on Jan 26, 2004.
Performance
VHCOX vs. VHT - Performance Comparison
Loading graphics...
VHCOX vs. VHT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VHCOX Vanguard Capital Opportunity Fund Investor Shares | -3.14% | 25.74% | 14.00% | 25.55% | -17.61% | 20.85% | 22.73% | 27.20% | -3.76% | 28.28% |
VHT Vanguard Health Care ETF | -4.28% | 15.46% | 2.66% | 2.52% | -5.60% | 20.57% | 18.29% | 21.87% | 5.58% | 23.26% |
Returns By Period
In the year-to-date period, VHCOX achieves a -3.14% return, which is significantly higher than VHT's -4.28% return. Over the past 10 years, VHCOX has outperformed VHT with an annualized return of 14.30%, while VHT has yielded a comparatively lower 9.80% annualized return.
VHCOX
- 1D
- 3.60%
- 1M
- -6.90%
- YTD
- -3.14%
- 6M
- 2.84%
- 1Y
- 26.35%
- 3Y*
- 17.67%
- 5Y*
- 9.53%
- 10Y*
- 14.30%
VHT
- 1D
- 0.80%
- 1M
- -5.87%
- YTD
- -4.28%
- 6M
- 3.91%
- 1Y
- 7.48%
- 3Y*
- 6.44%
- 5Y*
- 5.25%
- 10Y*
- 9.80%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VHCOX vs. VHT - Expense Ratio Comparison
VHCOX has a 0.43% expense ratio, which is higher than VHT's 0.10% expense ratio.
Return for Risk
VHCOX vs. VHT — Risk / Return Rank
VHCOX
VHT
VHCOX vs. VHT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Capital Opportunity Fund Investor Shares (VHCOX) 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.
| VHCOX | VHT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.21 | 0.43 | +0.78 |
Sortino ratioReturn per unit of downside risk | 1.76 | 0.71 | +1.05 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.09 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 1.87 | 0.53 | +1.34 |
Martin ratioReturn relative to average drawdown | 7.74 | 1.25 | +6.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VHCOX | VHT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 0.43 | +0.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.36 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | 0.58 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.56 | +0.02 |
Correlation
The correlation between VHCOX and VHT is 0.76, 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.
Dividends
VHCOX vs. VHT - Dividend Comparison
VHCOX's dividend yield for the trailing twelve months is around 9.93%, more than VHT's 1.71% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VHCOX Vanguard Capital Opportunity Fund Investor Shares | 9.93% | 9.62% | 8.16% | 2.33% | 9.26% | 10.44% | 9.10% | 6.41% | 12.11% | 3.87% | 5.66% | 5.30% |
VHT Vanguard Health Care ETF | 1.71% | 1.61% | 1.53% | 1.36% | 1.33% | 1.14% | 1.21% | 1.89% | 1.38% | 1.31% | 1.45% | 1.22% |
Drawdowns
VHCOX vs. VHT - Drawdown Comparison
The maximum VHCOX drawdown since its inception was -54.76%, which is greater than VHT's maximum drawdown of -39.12%. Use the drawdown chart below to compare losses from any high point for VHCOX and VHT.
Loading graphics...
Drawdown Indicators
| VHCOX | VHT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.76% | -39.12% | -15.64% |
Max Drawdown (1Y)Largest decline over 1 year | -13.90% | -10.40% | -3.50% |
Max Drawdown (5Y)Largest decline over 5 years | -27.59% | -17.71% | -9.88% |
Max Drawdown (10Y)Largest decline over 10 years | -33.78% | -28.85% | -4.93% |
Current DrawdownCurrent decline from peak | -9.29% | -7.31% | -1.98% |
Average DrawdownAverage peak-to-trough decline | -10.04% | -5.98% | -4.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.36% | 4.42% | -1.06% |
Volatility
VHCOX vs. VHT - Volatility Comparison
Vanguard Capital Opportunity Fund Investor Shares (VHCOX) has a higher volatility of 7.31% compared to Vanguard Health Care ETF (VHT) at 5.14%. This indicates that VHCOX'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.
Loading graphics...
Volatility by Period
| VHCOX | VHT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.31% | 5.14% | +2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 13.05% | 10.08% | +2.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.60% | 17.61% | +3.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.64% | 14.85% | +4.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.22% | 16.94% | +3.28% |