VHYAX vs. VLXVX
Compare and contrast key facts about Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) and Vanguard Target Retirement 2065 Fund (VLXVX).
VHYAX is managed by Vanguard. It was launched on Feb 7, 2019. VLXVX is managed by Vanguard. It was launched on Jul 12, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VHYAX or VLXVX.
Key characteristics
| VHYAX | VLXVX | |
|---|---|---|
| YTD Return | 16.41% | 13.83% |
| 1Y Return | 26.38% | 25.06% |
| 3Y Return (Ann) | 8.18% | 4.02% |
| 5Y Return (Ann) | 10.34% | 9.84% |
| Sharpe Ratio | 2.64 | 2.42 |
| Sortino Ratio | 3.67 | 3.36 |
| Omega Ratio | 1.47 | 1.45 |
| Calmar Ratio | 3.69 | 2.44 |
| Martin Ratio | 16.60 | 15.70 |
| Ulcer Index | 1.65% | 1.69% |
| Daily Std Dev | 10.37% | 10.89% |
| Max Drawdown | -35.14% | -31.42% |
| Current Drawdown | -3.20% | -2.48% |
Correlation
The correlation between VHYAX and VLXVX is 0.82, 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. VLXVX - Performance Comparison
In the year-to-date period, VHYAX achieves a 16.41% return, which is significantly higher than VLXVX's 13.83% 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. VLXVX - Expense Ratio Comparison
Both VHYAX and VLXVX have an expense ratio of 0.08%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VHYAX vs. VLXVX - 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 Vanguard Target Retirement 2065 Fund (VLXVX). 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. VLXVX - Dividend Comparison
VHYAX's dividend yield for the trailing twelve months is around 2.83%, more than VLXVX's 1.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
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% |
VLXVX Vanguard Target Retirement 2065 Fund | 1.81% | 2.06% | 2.00% | 1.93% | 1.60% | 1.90% | 1.85% | 0.78% |
Drawdowns
VHYAX vs. VLXVX - Drawdown Comparison
The maximum VHYAX drawdown since its inception was -35.14%, which is greater than VLXVX's maximum drawdown of -31.42%. Use the drawdown chart below to compare losses from any high point for VHYAX and VLXVX. For additional features, visit the drawdowns tool.
Volatility
VHYAX vs. VLXVX - Volatility Comparison
Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) has a higher volatility of 2.58% compared to Vanguard Target Retirement 2065 Fund (VLXVX) at 2.36%. This indicates that VHYAX's price experiences larger fluctuations and is considered to be riskier than VLXVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.