VHYAX vs. IOO
Compare and contrast key facts about Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) and iShares Global 100 ETF (IOO).
VHYAX is managed by Vanguard. It was launched on Feb 7, 2019. IOO is a passively managed fund by iShares that tracks the performance of the S&P Global 100 Index. It was launched on Dec 5, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VHYAX or IOO.
Key characteristics
| VHYAX | IOO | |
|---|---|---|
| YTD Return | 16.41% | 22.22% |
| 1Y Return | 26.38% | 32.21% |
| 3Y Return (Ann) | 8.18% | 10.21% |
| 5Y Return (Ann) | 10.34% | 15.51% |
| Sharpe Ratio | 2.64 | 2.45 |
| Sortino Ratio | 3.67 | 3.23 |
| Omega Ratio | 1.47 | 1.45 |
| Calmar Ratio | 3.69 | 2.98 |
| Martin Ratio | 16.60 | 12.43 |
| Ulcer Index | 1.65% | 2.67% |
| Daily Std Dev | 10.37% | 13.54% |
| Max Drawdown | -35.14% | -55.85% |
| Current Drawdown | -3.20% | -3.22% |
Correlation
The correlation between VHYAX and IOO 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.
Performance
VHYAX vs. IOO - Performance Comparison
In the year-to-date period, VHYAX achieves a 16.41% return, which is significantly lower than IOO's 22.22% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VHYAX vs. IOO - Expense Ratio Comparison
VHYAX has a 0.08% expense ratio, which is lower than IOO's 0.40% expense ratio.
Risk-Adjusted Performance
VHYAX vs. IOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) and iShares Global 100 ETF (IOO). 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
VHYAX vs. IOO - Dividend Comparison
VHYAX's dividend yield for the trailing twelve months is around 2.83%, more than IOO's 1.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VHYAX Vanguard High Dividend Yield Index Fund Admiral Shares | 2.83% | 3.10% | 2.98% | 2.74% | 3.16% | 3.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IOO iShares Global 100 ETF | 1.11% | 1.49% | 2.00% | 1.53% | 1.49% | 2.02% | 2.54% | 2.23% | 2.75% | 2.89% | 3.52% | 2.37% |
Drawdowns
VHYAX vs. IOO - Drawdown Comparison
The maximum VHYAX drawdown since its inception was -35.14%, smaller than the maximum IOO drawdown of -55.85%. Use the drawdown chart below to compare losses from any high point for VHYAX and IOO. For additional features, visit the drawdowns tool.
Volatility
VHYAX vs. IOO - Volatility Comparison
The current volatility for Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) is 2.58%, while iShares Global 100 ETF (IOO) has a volatility of 3.72%. This indicates that VHYAX experiences smaller price fluctuations and is considered to be less risky than IOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.