Correlation
The correlation between VNJUX and VBTLX is -0.11. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
VNJUX vs. VBTLX
Compare and contrast key facts about Vanguard New Jersey Long-Term Tax-Exempt Fund Admiral Shares (VNJUX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX).
VNJUX is managed by Vanguard. It was launched on May 14, 2001. VBTLX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VNJUX or VBTLX.
Performance
VNJUX vs. VBTLX - Performance Comparison
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Key characteristics
VNJUX:
0.29
VBTLX:
1.08
VNJUX:
0.34
VBTLX:
1.58
VNJUX:
1.05
VBTLX:
1.19
VNJUX:
0.21
VBTLX:
0.46
VNJUX:
0.66
VBTLX:
2.68
VNJUX:
2.03%
VBTLX:
2.13%
VNJUX:
5.85%
VBTLX:
5.35%
VNJUX:
-15.62%
VBTLX:
-18.68%
VNJUX:
-4.20%
VBTLX:
-6.99%
Returns By Period
In the year-to-date period, VNJUX achieves a -2.46% return, which is significantly lower than VBTLX's 2.14% return. Over the past 10 years, VNJUX has outperformed VBTLX with an annualized return of 2.99%, while VBTLX has yielded a comparatively lower 1.54% annualized return.
VNJUX
-2.46%
-1.08%
-3.78%
1.32%
1.89%
1.53%
2.99%
VBTLX
2.14%
-0.73%
0.36%
5.05%
1.46%
-0.96%
1.54%
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VNJUX vs. VBTLX - Expense Ratio Comparison
VNJUX has a 0.09% expense ratio, which is higher than VBTLX'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%.
Risk-Adjusted Performance
VNJUX vs. VBTLX — Risk-Adjusted Performance Rank
VNJUX
VBTLX
VNJUX vs. VBTLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard New Jersey Long-Term Tax-Exempt Fund Admiral Shares (VNJUX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX). 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.
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Dividends
VNJUX vs. VBTLX - Dividend Comparison
VNJUX's dividend yield for the trailing twelve months is around 3.32%, less than VBTLX's 3.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VNJUX Vanguard New Jersey Long-Term Tax-Exempt Fund Admiral Shares | 3.32% | 3.48% | 3.31% | 3.22% | 3.38% | 3.80% | 3.91% | 4.00% | 4.15% | 4.62% | 3.79% | 4.04% |
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares | 3.47% | 3.69% | 3.11% | 2.59% | 2.12% | 2.39% | 2.74% | 2.81% | 2.56% | 2.54% | 2.58% | 2.82% |
Drawdowns
VNJUX vs. VBTLX - Drawdown Comparison
The maximum VNJUX drawdown since its inception was -15.62%, smaller than the maximum VBTLX drawdown of -18.68%. Use the drawdown chart below to compare losses from any high point for VNJUX and VBTLX.
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Volatility
VNJUX vs. VBTLX - Volatility Comparison
The current volatility for Vanguard New Jersey Long-Term Tax-Exempt Fund Admiral Shares (VNJUX) is 0.85%, while Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) has a volatility of 1.42%. This indicates that VNJUX experiences smaller price fluctuations and is considered to be less risky than VBTLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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