VOHIX vs. FLMI
Compare and contrast key facts about Vanguard Ohio Long-Term Tax-Exempt Fund (VOHIX) and Franklin Liberty Federal Intermediate Tax-Free Bond Opportunities ETF (FLMI).
VOHIX is managed by Vanguard. It was launched on Jun 18, 1990. FLMI is an actively managed fund by Franklin Templeton. It was launched on Aug 31, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VOHIX or FLMI.
Correlation
The correlation between VOHIX and FLMI is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VOHIX vs. FLMI - Performance Comparison
Key characteristics
VOHIX:
0.52
FLMI:
1.21
VOHIX:
0.73
FLMI:
1.78
VOHIX:
1.11
FLMI:
1.24
VOHIX:
0.28
FLMI:
1.27
VOHIX:
1.92
FLMI:
8.14
VOHIX:
1.12%
FLMI:
0.65%
VOHIX:
4.11%
FLMI:
4.40%
VOHIX:
-17.45%
FLMI:
-14.66%
VOHIX:
-4.23%
FLMI:
-1.82%
Returns By Period
In the year-to-date period, VOHIX achieves a 1.53% return, which is significantly lower than FLMI's 4.93% return.
VOHIX
1.53%
-1.00%
1.09%
2.06%
0.74%
2.28%
FLMI
4.93%
-0.91%
2.00%
5.63%
2.34%
N/A
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VOHIX vs. FLMI - Expense Ratio Comparison
VOHIX has a 0.13% expense ratio, which is lower than FLMI's 0.30% expense ratio.
Risk-Adjusted Performance
VOHIX vs. FLMI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Ohio Long-Term Tax-Exempt Fund (VOHIX) and Franklin Liberty Federal Intermediate Tax-Free Bond Opportunities ETF (FLMI). 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
VOHIX vs. FLMI - Dividend Comparison
VOHIX's dividend yield for the trailing twelve months is around 3.34%, less than FLMI's 3.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VOHIX Vanguard Ohio Long-Term Tax-Exempt Fund | 3.34% | 3.06% | 2.74% | 2.42% | 2.66% | 3.00% | 3.28% | 3.19% | 3.30% | 3.38% | 3.51% | 3.85% |
FLMI Franklin Liberty Federal Intermediate Tax-Free Bond Opportunities ETF | 3.78% | 3.71% | 3.09% | 2.22% | 2.09% | 2.71% | 2.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VOHIX vs. FLMI - Drawdown Comparison
The maximum VOHIX drawdown since its inception was -17.45%, which is greater than FLMI's maximum drawdown of -14.66%. Use the drawdown chart below to compare losses from any high point for VOHIX and FLMI. For additional features, visit the drawdowns tool.
Volatility
VOHIX vs. FLMI - Volatility Comparison
Vanguard Ohio Long-Term Tax-Exempt Fund (VOHIX) has a higher volatility of 1.61% compared to Franklin Liberty Federal Intermediate Tax-Free Bond Opportunities ETF (FLMI) at 1.53%. This indicates that VOHIX's price experiences larger fluctuations and is considered to be riskier than FLMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.