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VMVLX vs. VIMAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


VMVLXVIMAX
YTD Return21.94%20.21%
1Y Return30.61%31.95%
3Y Return (Ann)10.41%3.83%
5Y Return (Ann)11.89%11.56%
10Y Return (Ann)10.92%10.25%
Sharpe Ratio3.252.86
Sortino Ratio4.573.96
Omega Ratio1.611.50
Calmar Ratio6.652.27
Martin Ratio21.4017.68
Ulcer Index1.52%2.04%
Daily Std Dev10.03%12.62%
Max Drawdown-56.30%-58.88%
Current Drawdown-0.57%-0.77%

Correlation

-0.50.00.51.00.9

The correlation between VMVLX and VIMAX is 0.88, 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

VMVLX vs. VIMAX - Performance Comparison

In the year-to-date period, VMVLX achieves a 21.94% return, which is significantly higher than VIMAX's 20.21% return. Over the past 10 years, VMVLX has outperformed VIMAX with an annualized return of 10.92%, while VIMAX has yielded a comparatively lower 10.25% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
10.41%
11.84%
VMVLX
VIMAX

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VMVLX vs. VIMAX - Expense Ratio Comparison

VMVLX has a 0.06% expense ratio, which is higher than VIMAX's 0.05% 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%.


VMVLX
Vanguard Mega Cap Value Index Fund Institutional Shares
Expense ratio chart for VMVLX: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%
Expense ratio chart for VIMAX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Risk-Adjusted Performance

VMVLX vs. VIMAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Mega Cap Value Index Fund Institutional Shares (VMVLX) and Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX). 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.


VMVLX
Sharpe ratio
The chart of Sharpe ratio for VMVLX, currently valued at 3.25, compared to the broader market0.002.004.003.25
Sortino ratio
The chart of Sortino ratio for VMVLX, currently valued at 4.57, compared to the broader market0.005.0010.004.57
Omega ratio
The chart of Omega ratio for VMVLX, currently valued at 1.61, compared to the broader market1.002.003.004.001.61
Calmar ratio
The chart of Calmar ratio for VMVLX, currently valued at 6.65, compared to the broader market0.005.0010.0015.0020.006.65
Martin ratio
The chart of Martin ratio for VMVLX, currently valued at 21.40, compared to the broader market0.0020.0040.0060.0080.00100.0021.40
VIMAX
Sharpe ratio
The chart of Sharpe ratio for VIMAX, currently valued at 2.86, compared to the broader market0.002.004.002.86
Sortino ratio
The chart of Sortino ratio for VIMAX, currently valued at 3.96, compared to the broader market0.005.0010.003.96
Omega ratio
The chart of Omega ratio for VIMAX, currently valued at 1.50, compared to the broader market1.002.003.004.001.50
Calmar ratio
The chart of Calmar ratio for VIMAX, currently valued at 2.27, compared to the broader market0.005.0010.0015.0020.002.27
Martin ratio
The chart of Martin ratio for VIMAX, currently valued at 17.68, compared to the broader market0.0020.0040.0060.0080.00100.0017.68

VMVLX vs. VIMAX - Sharpe Ratio Comparison

The current VMVLX Sharpe Ratio is 3.25, which is comparable to the VIMAX Sharpe Ratio of 2.86. The chart below compares the historical Sharpe Ratios of VMVLX and VIMAX, 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 Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
3.25
2.86
VMVLX
VIMAX

Dividends

VMVLX vs. VIMAX - Dividend Comparison

VMVLX's dividend yield for the trailing twelve months is around 2.24%, more than VIMAX's 1.45% yield.


TTM20232022202120202019201820172016201520142013
VMVLX
Vanguard Mega Cap Value Index Fund Institutional Shares
2.24%2.48%2.46%2.18%2.47%2.70%2.66%2.36%2.53%2.62%2.29%2.32%
VIMAX
Vanguard Mid-Cap Index Fund Admiral Shares
1.45%1.51%1.59%1.11%1.44%1.47%1.82%1.35%1.45%1.47%1.29%1.17%

Drawdowns

VMVLX vs. VIMAX - Drawdown Comparison

The maximum VMVLX drawdown since its inception was -56.30%, roughly equal to the maximum VIMAX drawdown of -58.88%. Use the drawdown chart below to compare losses from any high point for VMVLX and VIMAX. For additional features, visit the drawdowns tool.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.57%
-0.77%
VMVLX
VIMAX

Volatility

VMVLX vs. VIMAX - Volatility Comparison

Vanguard Mega Cap Value Index Fund Institutional Shares (VMVLX) and Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX) have volatilities of 3.68% and 3.79%, 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.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.68%
3.79%
VMVLX
VIMAX