VMVFX vs. QLV
Compare and contrast key facts about Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX) and FlexShares US Quality Low Volatility Index Fund (QLV).
VMVFX is managed by Vanguard. It was launched on Dec 12, 2013. QLV is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust Quality Low Volatility Index. It was launched on Jul 15, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VMVFX or QLV.
Correlation
The correlation between VMVFX and QLV is 0.83, 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. QLV - Performance Comparison
Key characteristics
VMVFX:
1.28
QLV:
0.99
VMVFX:
1.78
QLV:
1.44
VMVFX:
1.27
QLV:
1.22
VMVFX:
1.73
QLV:
1.12
VMVFX:
7.66
QLV:
5.08
VMVFX:
1.80%
QLV:
2.66%
VMVFX:
10.76%
QLV:
13.61%
VMVFX:
-33.09%
QLV:
-33.71%
VMVFX:
-0.06%
QLV:
-3.28%
Returns By Period
In the year-to-date period, VMVFX achieves a 6.11% return, which is significantly higher than QLV's 0.68% return.
VMVFX
6.11%
5.70%
5.27%
12.85%
9.59%
6.60%
QLV
0.68%
7.18%
0.78%
11.80%
13.61%
N/A
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VMVFX vs. QLV - Expense Ratio Comparison
VMVFX has a 0.21% expense ratio, which is lower than QLV'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%.
Risk-Adjusted Performance
VMVFX vs. QLV — Risk-Adjusted Performance Rank
VMVFX
QLV
VMVFX vs. QLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX) and FlexShares US Quality Low Volatility Index Fund (QLV). 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. QLV - Dividend Comparison
VMVFX's dividend yield for the trailing twelve months is around 3.55%, more than QLV's 1.74% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMVFX Vanguard Global Minimum Volatility Fund Investor Shares | 3.55% | 3.77% | 3.05% | 4.96% | 3.42% | 2.02% | 5.12% | 7.27% | 2.30% | 2.71% | 3.22% | 6.19% |
QLV FlexShares US Quality Low Volatility Index Fund | 1.74% | 1.66% | 1.60% | 1.74% | 0.97% | 1.24% | 0.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VMVFX vs. QLV - Drawdown Comparison
The maximum VMVFX drawdown since its inception was -33.09%, roughly equal to the maximum QLV drawdown of -33.71%. Use the drawdown chart below to compare losses from any high point for VMVFX and QLV. For additional features, visit the drawdowns tool.
Volatility
VMVFX vs. QLV - Volatility Comparison
The current volatility for Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX) is 7.69%, while FlexShares US Quality Low Volatility Index Fund (QLV) has a volatility of 10.22%. This indicates that VMVFX experiences smaller price fluctuations and is considered to be less risky than QLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.