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VLTCX vs. VWEHX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VLTCX and VWEHX is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

VLTCX vs. VWEHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Long-Term Corporate Bond Index Fund Admiral Shares (VLTCX) and Vanguard High-Yield Corporate Fund Investor Shares (VWEHX). The values are adjusted to include any dividend payments, if applicable.

90.00%100.00%110.00%120.00%130.00%140.00%December2025FebruaryMarchAprilMay
95.05%
143.55%
VLTCX
VWEHX

Key characteristics

Sharpe Ratio

VLTCX:

0.18

VWEHX:

2.13

Sortino Ratio

VLTCX:

0.30

VWEHX:

3.15

Omega Ratio

VLTCX:

1.03

VWEHX:

1.50

Calmar Ratio

VLTCX:

0.07

VWEHX:

2.69

Martin Ratio

VLTCX:

0.36

VWEHX:

10.88

Ulcer Index

VLTCX:

4.71%

VWEHX:

0.64%

Daily Std Dev

VLTCX:

10.41%

VWEHX:

3.41%

Max Drawdown

VLTCX:

-34.55%

VWEHX:

-30.17%

Current Drawdown

VLTCX:

-21.14%

VWEHX:

-0.40%

Returns By Period

In the year-to-date period, VLTCX achieves a -0.27% return, which is significantly lower than VWEHX's 1.54% return. Over the past 10 years, VLTCX has underperformed VWEHX with an annualized return of 2.39%, while VWEHX has yielded a comparatively higher 4.40% annualized return.


VLTCX

YTD

-0.27%

1M

0.53%

6M

-3.88%

1Y

1.87%

5Y*

-1.88%

10Y*

2.39%

VWEHX

YTD

1.54%

1M

2.07%

6M

1.47%

1Y

7.21%

5Y*

5.16%

10Y*

4.40%

*Annualized

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VLTCX vs. VWEHX - Expense Ratio Comparison

VLTCX has a 0.07% expense ratio, which is lower than VWEHX's 0.23% 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%.


Risk-Adjusted Performance

VLTCX vs. VWEHX — Risk-Adjusted Performance Rank

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

VLTCX
The Risk-Adjusted Performance Rank of VLTCX is 2929
Overall Rank
The Sharpe Ratio Rank of VLTCX is 3434
Sharpe Ratio Rank
The Sortino Ratio Rank of VLTCX is 2929
Sortino Ratio Rank
The Omega Ratio Rank of VLTCX is 2727
Omega Ratio Rank
The Calmar Ratio Rank of VLTCX is 2828
Calmar Ratio Rank
The Martin Ratio Rank of VLTCX is 2929
Martin Ratio Rank

VWEHX
The Risk-Adjusted Performance Rank of VWEHX is 9494
Overall Rank
The Sharpe Ratio Rank of VWEHX is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of VWEHX is 9494
Sortino Ratio Rank
The Omega Ratio Rank of VWEHX is 9494
Omega Ratio Rank
The Calmar Ratio Rank of VWEHX is 9595
Calmar Ratio Rank
The Martin Ratio Rank of VWEHX is 9595
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.

VLTCX vs. VWEHX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Corporate Bond Index Fund Admiral Shares (VLTCX) and Vanguard High-Yield Corporate Fund Investor Shares (VWEHX). 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 current VLTCX Sharpe Ratio is 0.18, which is lower than the VWEHX Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of VLTCX and VWEHX, 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 Ratio0.001.002.003.004.00December2025FebruaryMarchAprilMay
0.18
2.13
VLTCX
VWEHX

Dividends

VLTCX vs. VWEHX - Dividend Comparison

VLTCX's dividend yield for the trailing twelve months is around 5.40%, less than VWEHX's 5.66% yield.


TTM20242023202220212020201920182017201620152014
VLTCX
Vanguard Long-Term Corporate Bond Index Fund Admiral Shares
5.40%5.16%4.65%4.41%3.03%3.15%3.82%4.56%4.01%4.37%4.71%4.32%
VWEHX
Vanguard High-Yield Corporate Fund Investor Shares
5.66%6.09%5.69%5.11%4.13%4.62%5.24%5.93%5.28%5.43%5.91%5.59%

Drawdowns

VLTCX vs. VWEHX - Drawdown Comparison

The maximum VLTCX drawdown since its inception was -34.55%, which is greater than VWEHX's maximum drawdown of -30.17%. Use the drawdown chart below to compare losses from any high point for VLTCX and VWEHX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-21.14%
-0.40%
VLTCX
VWEHX

Volatility

VLTCX vs. VWEHX - Volatility Comparison

Vanguard Long-Term Corporate Bond Index Fund Admiral Shares (VLTCX) has a higher volatility of 3.53% compared to Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) at 1.17%. This indicates that VLTCX's price experiences larger fluctuations and is considered to be riskier than VWEHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%December2025FebruaryMarchAprilMay
3.53%
1.17%
VLTCX
VWEHX