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VHYAX vs. VIHAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VHYAX vs. VIHAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX). The values are adjusted to include any dividend payments, if applicable.

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VHYAX vs. VIHAX - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
VHYAX
Vanguard High Dividend Yield Index Fund Admiral Shares
3.81%15.39%17.39%6.68%-0.45%26.08%1.06%16.67%
VIHAX
Vanguard International High Dividend Yield Index Fund Admiral Shares
5.44%38.01%6.96%16.81%-6.88%15.01%-0.73%13.18%

Returns By Period

In the year-to-date period, VHYAX achieves a 3.81% return, which is significantly lower than VIHAX's 5.44% return.


VHYAX

1D
1.80%
1M
-3.94%
YTD
3.81%
6M
6.29%
1Y
17.97%
3Y*
15.17%
5Y*
11.00%
10Y*

VIHAX

1D
2.29%
1M
-4.98%
YTD
5.44%
6M
12.61%
1Y
32.56%
3Y*
20.30%
5Y*
12.43%
10Y*
10.41%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VHYAX vs. VIHAX - Expense Ratio Comparison

VHYAX has a 0.08% expense ratio, which is lower than VIHAX's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Return for Risk

VHYAX vs. VIHAX — Risk / Return Rank

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

VHYAX
VHYAX Risk / Return Rank: 6969
Overall Rank
VHYAX Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
VHYAX Sortino Ratio Rank: 6565
Sortino Ratio Rank
VHYAX Omega Ratio Rank: 6666
Omega Ratio Rank
VHYAX Calmar Ratio Rank: 7171
Calmar Ratio Rank
VHYAX Martin Ratio Rank: 7777
Martin Ratio Rank

VIHAX
VIHAX Risk / Return Rank: 9494
Overall Rank
VIHAX Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
VIHAX Sortino Ratio Rank: 9494
Sortino Ratio Rank
VIHAX Omega Ratio Rank: 9494
Omega Ratio Rank
VIHAX Calmar Ratio Rank: 9393
Calmar Ratio Rank
VIHAX Martin Ratio Rank: 9494
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VHYAX vs. VIHAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX). 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.


VHYAXVIHAXDifference

Sharpe ratio

Return per unit of total volatility

1.18

2.32

-1.15

Sortino ratio

Return per unit of downside risk

1.68

2.96

-1.28

Omega ratio

Gain probability vs. loss probability

1.26

1.47

-0.22

Calmar ratio

Return relative to maximum drawdown

1.69

3.01

-1.33

Martin ratio

Return relative to average drawdown

7.45

12.38

-4.93

VHYAX vs. VIHAX - Sharpe Ratio Comparison

The current VHYAX Sharpe Ratio is 1.18, which is lower than the VIHAX Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of VHYAX and VIHAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


VHYAXVIHAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.18

2.32

-1.15

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.79

0.91

-0.12

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.66

Sharpe Ratio (All Time)

Calculated using the full available price history

0.65

0.66

0.00

Correlation

The correlation between VHYAX and VIHAX 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

VHYAX vs. VIHAX - Dividend Comparison

VHYAX's dividend yield for the trailing twelve months is around 2.35%, less than VIHAX's 3.62% yield.


TTM2025202420232022202120202019201820172016
VHYAX
Vanguard High Dividend Yield Index Fund Admiral Shares
2.35%2.42%2.72%3.09%2.98%2.74%3.16%3.00%0.00%0.00%0.00%
VIHAX
Vanguard International High Dividend Yield Index Fund Admiral Shares
3.62%3.69%4.85%4.58%4.70%4.30%3.22%5.63%4.28%3.16%2.37%

Drawdowns

VHYAX vs. VIHAX - Drawdown Comparison

The maximum VHYAX drawdown since its inception was -35.14%, smaller than the maximum VIHAX drawdown of -38.80%. Use the drawdown chart below to compare losses from any high point for VHYAX and VIHAX.


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Drawdown Indicators


VHYAXVIHAXDifference

Max Drawdown

Largest peak-to-trough decline

-35.14%

-38.80%

+3.66%

Max Drawdown (1Y)

Largest decline over 1 year

-11.30%

-10.66%

-0.64%

Max Drawdown (5Y)

Largest decline over 5 years

-15.87%

-23.92%

+8.05%

Max Drawdown (10Y)

Largest decline over 10 years

-38.80%

Current Drawdown

Current decline from peak

-4.81%

-6.64%

+1.83%

Average Drawdown

Average peak-to-trough decline

-3.84%

-6.09%

+2.25%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.56%

2.59%

-0.03%

Volatility

VHYAX vs. VIHAX - Volatility Comparison

The current volatility for Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) is 3.79%, while Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX) has a volatility of 6.16%. This indicates that VHYAX experiences smaller price fluctuations and is considered to be less risky than VIHAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VHYAXVIHAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.79%

6.16%

-2.37%

Volatility (6M)

Calculated over the trailing 6-month period

8.01%

9.08%

-1.07%

Volatility (1Y)

Calculated over the trailing 1-year period

15.19%

14.29%

+0.90%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.01%

13.69%

+0.32%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.11%

15.92%

+2.19%