VNJUX vs. HYG
Compare and contrast key facts about Vanguard New Jersey Long-Term Tax-Exempt Fund Admiral Shares (VNJUX) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG).
VNJUX is managed by Vanguard. It was launched on May 14, 2001. HYG is a passively managed fund by iShares that tracks the performance of the iBoxx $ Liquid High Yield Index. It was launched on Apr 11, 2007.
Performance
VNJUX vs. HYG - Performance Comparison
Loading graphics...
VNJUX vs. HYG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VNJUX Vanguard New Jersey Long-Term Tax-Exempt Fund Admiral Shares | -0.29% | 4.96% | 2.79% | 7.76% | -10.24% | 2.69% | 6.11% | 9.37% | 1.61% | 8.48% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | -0.11% | 8.59% | 7.97% | 11.54% | -10.98% | 3.76% | 4.47% | 14.09% | -2.02% | 6.07% |
Returns By Period
In the year-to-date period, VNJUX achieves a -0.29% return, which is significantly lower than HYG's -0.11% return. Over the past 10 years, VNJUX has underperformed HYG with an annualized return of 3.08%, while HYG has yielded a comparatively higher 5.16% annualized return.
VNJUX
- 1D
- 0.36%
- 1M
- -2.17%
- YTD
- -0.29%
- 6M
- 1.53%
- 1Y
- 4.50%
- 3Y*
- 3.86%
- 5Y*
- 1.37%
- 10Y*
- 3.08%
HYG
- 1D
- 0.24%
- 1M
- -0.65%
- YTD
- -0.11%
- 6M
- 0.93%
- 1Y
- 6.91%
- 3Y*
- 7.99%
- 5Y*
- 3.66%
- 10Y*
- 5.16%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VNJUX vs. HYG - Expense Ratio Comparison
VNJUX has a 0.09% expense ratio, which is lower than HYG's 0.49% expense ratio.
Return for Risk
VNJUX vs. HYG — Risk / Return Rank
VNJUX
HYG
VNJUX vs. HYG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard New Jersey Long-Term Tax-Exempt Fund Admiral Shares (VNJUX) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG). 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.
| VNJUX | HYG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.95 | 1.25 | -0.30 |
Sortino ratioReturn per unit of downside risk | 1.29 | 1.87 | -0.58 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.29 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.15 | 1.82 | -0.67 |
Martin ratioReturn relative to average drawdown | 3.65 | 9.57 | -5.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VNJUX | HYG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.95 | 1.25 | -0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.49 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.62 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.02 | 0.45 | +0.57 |
Correlation
The correlation between VNJUX and HYG is 0.03, 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.
Dividends
VNJUX vs. HYG - Dividend Comparison
VNJUX's dividend yield for the trailing twelve months is around 3.66%, less than HYG's 5.88% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VNJUX Vanguard New Jersey Long-Term Tax-Exempt Fund Admiral Shares | 3.66% | 4.49% | 4.07% | 3.03% | 3.22% | 2.91% | 3.79% | 4.15% | 4.01% | 4.13% | 4.62% | 3.78% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 5.88% | 5.71% | 6.01% | 5.74% | 5.30% | 4.02% | 4.88% | 4.99% | 5.54% | 5.12% | 5.27% | 5.90% |
Drawdowns
VNJUX vs. HYG - Drawdown Comparison
The maximum VNJUX drawdown since its inception was -15.62%, smaller than the maximum HYG drawdown of -34.25%. Use the drawdown chart below to compare losses from any high point for VNJUX and HYG.
Loading graphics...
Drawdown Indicators
| VNJUX | HYG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.62% | -34.25% | +18.63% |
Max Drawdown (1Y)Largest decline over 1 year | -5.12% | -3.93% | -1.19% |
Max Drawdown (5Y)Largest decline over 5 years | -15.62% | -15.79% | +0.17% |
Max Drawdown (10Y)Largest decline over 10 years | -15.62% | -22.03% | +6.41% |
Current DrawdownCurrent decline from peak | -2.42% | -1.05% | -1.37% |
Average DrawdownAverage peak-to-trough decline | -2.05% | -3.27% | +1.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 0.75% | +0.86% |
Volatility
VNJUX vs. HYG - Volatility Comparison
The current volatility for Vanguard New Jersey Long-Term Tax-Exempt Fund Admiral Shares (VNJUX) is 1.27%, while iShares iBoxx $ High Yield Corporate Bond ETF (HYG) has a volatility of 2.30%. This indicates that VNJUX experiences smaller price fluctuations and is considered to be less risky than HYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VNJUX | HYG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.27% | 2.30% | -1.03% |
Volatility (6M)Calculated over the trailing 6-month period | 1.91% | 2.93% | -1.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.32% | 5.57% | -0.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.51% | 7.51% | -3.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.55% | 8.31% | -3.76% |