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VHGEX vs. VBAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VHGEX and VBAIX is 0.89, 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.


-0.50.00.51.0
Correlation: 0.9

Performance

VHGEX vs. VBAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Global Equity Fund (VHGEX) and Vanguard Balanced Index Fund Institutional Shares (VBAIX). The values are adjusted to include any dividend payments, if applicable.

300.00%350.00%400.00%450.00%500.00%NovemberDecember2025FebruaryMarchApril
452.46%
337.68%
VHGEX
VBAIX

Key characteristics

Sharpe Ratio

VHGEX:

0.32

VBAIX:

0.39

Sortino Ratio

VHGEX:

0.59

VBAIX:

0.62

Omega Ratio

VHGEX:

1.08

VBAIX:

1.09

Calmar Ratio

VHGEX:

0.32

VBAIX:

0.32

Martin Ratio

VHGEX:

1.35

VBAIX:

1.17

Ulcer Index

VHGEX:

4.61%

VBAIX:

4.22%

Daily Std Dev

VHGEX:

19.46%

VBAIX:

12.56%

Max Drawdown

VHGEX:

-65.71%

VBAIX:

-35.82%

Current Drawdown

VHGEX:

-9.83%

VBAIX:

-9.89%

Returns By Period

In the year-to-date period, VHGEX achieves a -3.46% return, which is significantly higher than VBAIX's -4.37% return. Over the past 10 years, VHGEX has outperformed VBAIX with an annualized return of 6.86%, while VBAIX has yielded a comparatively lower 6.40% annualized return.


VHGEX

YTD

-3.46%

1M

-5.12%

6M

-4.65%

1Y

4.83%

5Y*

11.29%

10Y*

6.86%

VBAIX

YTD

-4.37%

1M

-4.17%

6M

-6.26%

1Y

4.16%

5Y*

6.69%

10Y*

6.40%

*Annualized

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VHGEX vs. VBAIX - Expense Ratio Comparison

VHGEX has a 0.45% expense ratio, which is higher than VBAIX's 0.06% expense ratio.


Expense ratio chart for VHGEX: current value is 0.45%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VHGEX: 0.45%
Expense ratio chart for VBAIX: current value is 0.06%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VBAIX: 0.06%

Risk-Adjusted Performance

VHGEX vs. VBAIX — Risk-Adjusted Performance Rank

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

VHGEX
The Risk-Adjusted Performance Rank of VHGEX is 4747
Overall Rank
The Sharpe Ratio Rank of VHGEX is 4545
Sharpe Ratio Rank
The Sortino Ratio Rank of VHGEX is 4747
Sortino Ratio Rank
The Omega Ratio Rank of VHGEX is 4646
Omega Ratio Rank
The Calmar Ratio Rank of VHGEX is 5151
Calmar Ratio Rank
The Martin Ratio Rank of VHGEX is 4949
Martin Ratio Rank

VBAIX
The Risk-Adjusted Performance Rank of VBAIX is 4949
Overall Rank
The Sharpe Ratio Rank of VBAIX is 4949
Sharpe Ratio Rank
The Sortino Ratio Rank of VBAIX is 4848
Sortino Ratio Rank
The Omega Ratio Rank of VBAIX is 4949
Omega Ratio Rank
The Calmar Ratio Rank of VBAIX is 5151
Calmar Ratio Rank
The Martin Ratio Rank of VBAIX is 4646
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VHGEX vs. VBAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Equity Fund (VHGEX) and Vanguard Balanced Index Fund Institutional Shares (VBAIX). 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.


The chart of Sharpe ratio for VHGEX, currently valued at 0.32, compared to the broader market-1.000.001.002.003.00
VHGEX: 0.32
VBAIX: 0.39
The chart of Sortino ratio for VHGEX, currently valued at 0.59, compared to the broader market-2.000.002.004.006.008.00
VHGEX: 0.59
VBAIX: 0.62
The chart of Omega ratio for VHGEX, currently valued at 1.08, compared to the broader market0.501.001.502.002.503.00
VHGEX: 1.08
VBAIX: 1.09
The chart of Calmar ratio for VHGEX, currently valued at 0.32, compared to the broader market0.002.004.006.008.0010.00
VHGEX: 0.32
VBAIX: 0.32
The chart of Martin ratio for VHGEX, currently valued at 1.35, compared to the broader market0.0010.0020.0030.0040.0050.00
VHGEX: 1.35
VBAIX: 1.17

The current VHGEX Sharpe Ratio is 0.32, which is comparable to the VBAIX Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of VHGEX and VBAIX, 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 Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.32
0.39
VHGEX
VBAIX

Dividends

VHGEX vs. VBAIX - Dividend Comparison

VHGEX's dividend yield for the trailing twelve months is around 1.30%, less than VBAIX's 2.34% yield.


TTM20242023202220212020201920182017201620152014
VHGEX
Vanguard Global Equity Fund
1.30%1.25%1.15%1.65%0.92%0.67%2.33%1.59%1.29%1.51%1.71%1.56%
VBAIX
Vanguard Balanced Index Fund Institutional Shares
2.34%2.15%2.05%1.94%1.39%1.66%2.13%2.32%1.96%2.10%2.10%1.93%

Drawdowns

VHGEX vs. VBAIX - Drawdown Comparison

The maximum VHGEX drawdown since its inception was -65.71%, which is greater than VBAIX's maximum drawdown of -35.82%. Use the drawdown chart below to compare losses from any high point for VHGEX and VBAIX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-9.83%
-9.89%
VHGEX
VBAIX

Volatility

VHGEX vs. VBAIX - Volatility Comparison

Vanguard Global Equity Fund (VHGEX) has a higher volatility of 13.67% compared to Vanguard Balanced Index Fund Institutional Shares (VBAIX) at 8.65%. This indicates that VHGEX's price experiences larger fluctuations and is considered to be riskier than VBAIX 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%14.00%NovemberDecember2025FebruaryMarchApril
13.67%
8.65%
VHGEX
VBAIX