VMNVX vs. VMVFX
Compare and contrast key facts about Vanguard Global Minimum Volatility Fund Admiral Shares (VMNVX) and Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX).
VMNVX is managed by Vanguard. It was launched on Dec 12, 2013. VMVFX is managed by Vanguard. It was launched on Dec 12, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VMNVX or VMVFX.
Key characteristics
| VMNVX | VMVFX | |
|---|---|---|
| YTD Return | 17.58% | 17.54% |
| 1Y Return | 23.48% | 23.35% |
| 3Y Return (Ann) | 7.45% | 7.37% |
| 5Y Return (Ann) | 6.07% | 6.00% |
| 10Y Return (Ann) | 7.86% | 7.84% |
| Sharpe Ratio | 2.53 | 2.54 |
| Sortino Ratio | 3.49 | 3.49 |
| Omega Ratio | 1.56 | 1.56 |
| Calmar Ratio | 4.66 | 4.68 |
| Martin Ratio | 15.69 | 15.74 |
| Ulcer Index | 1.48% | 1.47% |
| Daily Std Dev | 9.16% | 9.12% |
| Max Drawdown | -33.11% | -33.09% |
| Current Drawdown | -0.12% | -0.12% |
Correlation
The correlation between VMNVX and VMVFX is 1.00, 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
VMNVX vs. VMVFX - Performance Comparison
The year-to-date returns for both stocks are quite close, with VMNVX having a 17.58% return and VMVFX slightly lower at 17.54%. Both investments have delivered pretty close results over the past 10 years, with VMNVX having a 7.86% annualized return and VMVFX not far behind at 7.84%. 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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VMNVX vs. VMVFX - Expense Ratio Comparison
VMNVX has a 0.14% expense ratio, which is lower than VMVFX's 0.21% 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
VMNVX vs. VMVFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Minimum Volatility Fund Admiral Shares (VMNVX) and Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX). 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
VMNVX vs. VMVFX - Dividend Comparison
VMNVX's dividend yield for the trailing twelve months is around 2.66%, more than VMVFX's 2.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMNVX Vanguard Global Minimum Volatility Fund Admiral Shares | 2.66% | 3.13% | 2.62% | 3.49% | 2.15% | 2.79% | 2.52% | 2.31% | 2.82% | 1.89% | 2.65% | 0.23% |
VMVFX Vanguard Global Minimum Volatility Fund Investor Shares | 2.60% | 3.05% | 2.56% | 3.42% | 2.03% | 3.30% | 2.42% | 2.31% | 2.71% | 1.81% | 2.54% | 0.23% |
Drawdowns
VMNVX vs. VMVFX - Drawdown Comparison
The maximum VMNVX drawdown since its inception was -33.11%, roughly equal to the maximum VMVFX drawdown of -33.09%. Use the drawdown chart below to compare losses from any high point for VMNVX and VMVFX. For additional features, visit the drawdowns tool.
Volatility
VMNVX vs. VMVFX - Volatility Comparison
Vanguard Global Minimum Volatility Fund Admiral Shares (VMNVX) and Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX) have volatilities of 2.46% and 2.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.