VMVFX vs. VMNVX
Compare and contrast key facts about Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX) and Vanguard Global Minimum Volatility Fund Admiral Shares (VMNVX).
VMVFX is managed by Vanguard. It was launched on Dec 12, 2013. VMNVX 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: VMVFX or VMNVX.
Key characteristics
| VMVFX | VMNVX | |
|---|---|---|
| YTD Return | 16.41% | 16.41% |
| 1Y Return | 20.24% | 20.25% |
| 3Y Return (Ann) | 6.74% | 6.79% |
| 5Y Return (Ann) | 5.68% | 5.75% |
| 10Y Return (Ann) | 7.73% | 7.73% |
| Sharpe Ratio | 2.31 | 2.31 |
| Sortino Ratio | 3.20 | 3.20 |
| Omega Ratio | 1.51 | 1.51 |
| Calmar Ratio | 4.26 | 4.25 |
| Martin Ratio | 14.32 | 14.30 |
| Ulcer Index | 1.47% | 1.48% |
| Daily Std Dev | 9.13% | 9.16% |
| Max Drawdown | -33.09% | -33.11% |
| Current Drawdown | -1.09% | -1.12% |
Correlation
The correlation between VMVFX and VMNVX 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
VMVFX vs. VMNVX - Performance Comparison
As of year-to-date, both investments have demonstrated similar returns, with VMVFX at 16.41% and VMNVX at 16.41%. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: VMVFX at 7.73% and VMNVX at 7.73%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VMVFX vs. VMNVX - Expense Ratio Comparison
VMVFX has a 0.21% expense ratio, which is higher than VMNVX's 0.14% expense ratio. However, 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
VMVFX vs. VMNVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX) and Vanguard Global Minimum Volatility Fund Admiral Shares (VMNVX). 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
VMVFX vs. VMNVX - Dividend Comparison
VMVFX's dividend yield for the trailing twelve months is around 2.62%, less than VMNVX's 2.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMVFX Vanguard Global Minimum Volatility Fund Investor Shares | 2.62% | 3.05% | 2.56% | 3.42% | 2.03% | 3.30% | 2.42% | 2.31% | 2.71% | 1.81% | 2.54% | 0.23% |
VMNVX Vanguard Global Minimum Volatility Fund Admiral Shares | 2.69% | 3.13% | 2.62% | 3.49% | 2.15% | 2.79% | 2.52% | 2.31% | 2.82% | 1.89% | 2.65% | 0.23% |
Drawdowns
VMVFX vs. VMNVX - Drawdown Comparison
The maximum VMVFX drawdown since its inception was -33.09%, roughly equal to the maximum VMNVX drawdown of -33.11%. Use the drawdown chart below to compare losses from any high point for VMVFX and VMNVX. For additional features, visit the drawdowns tool.
Volatility
VMVFX vs. VMNVX - Volatility Comparison
Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX) and Vanguard Global Minimum Volatility Fund Admiral Shares (VMNVX) have volatilities of 2.40% and 2.39%, 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.