PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
VPMAX vs. VQNPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VPMAX and VQNPX is 0.94, 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.


-0.50.00.51.00.9

Performance

VPMAX vs. VQNPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard PRIMECAP Fund Admiral Shares (VPMAX) and Vanguard Growth and Income Fund Investor Shares (VQNPX). The values are adjusted to include any dividend payments, if applicable.

200.00%400.00%600.00%800.00%1,000.00%1,200.00%JulyAugustSeptemberOctoberNovemberDecember
983.38%
230.47%
VPMAX
VQNPX

Key characteristics

Sharpe Ratio

VPMAX:

0.58

VQNPX:

0.89

Sortino Ratio

VPMAX:

0.81

VQNPX:

1.09

Omega Ratio

VPMAX:

1.13

VQNPX:

1.23

Calmar Ratio

VPMAX:

0.77

VQNPX:

0.71

Martin Ratio

VPMAX:

2.86

VQNPX:

6.40

Ulcer Index

VPMAX:

3.33%

VQNPX:

2.55%

Daily Std Dev

VPMAX:

16.34%

VQNPX:

18.30%

Max Drawdown

VPMAX:

-48.32%

VQNPX:

-61.71%

Current Drawdown

VPMAX:

-10.40%

VQNPX:

-12.34%

Returns By Period

In the year-to-date period, VPMAX achieves a 6.76% return, which is significantly lower than VQNPX's 14.48% return. Over the past 10 years, VPMAX has outperformed VQNPX with an annualized return of 11.77%, while VQNPX has yielded a comparatively lower 5.59% annualized return.


VPMAX

YTD

6.76%

1M

-7.37%

6M

-6.56%

1Y

7.54%

5Y*

10.59%

10Y*

11.77%

VQNPX

YTD

14.48%

1M

-9.92%

6M

-2.17%

1Y

14.87%

5Y*

5.17%

10Y*

5.59%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VPMAX vs. VQNPX - Expense Ratio Comparison

VPMAX has a 0.31% expense ratio, which is lower than VQNPX's 0.32% expense ratio.


VQNPX
Vanguard Growth and Income Fund Investor Shares
Expense ratio chart for VQNPX: current value at 0.32% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.32%
Expense ratio chart for VPMAX: current value at 0.31% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.31%

Risk-Adjusted Performance

VPMAX vs. VQNPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard PRIMECAP Fund Admiral Shares (VPMAX) and Vanguard Growth and Income Fund Investor Shares (VQNPX). 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.


Sharpe ratio
The chart of Sharpe ratio for VPMAX, currently valued at 0.58, compared to the broader market-1.000.001.002.003.004.000.580.89
The chart of Sortino ratio for VPMAX, currently valued at 0.81, compared to the broader market-2.000.002.004.006.008.0010.000.811.09
The chart of Omega ratio for VPMAX, currently valued at 1.13, compared to the broader market0.501.001.502.002.503.003.501.131.23
The chart of Calmar ratio for VPMAX, currently valued at 0.77, compared to the broader market0.002.004.006.008.0010.0012.0014.000.770.71
The chart of Martin ratio for VPMAX, currently valued at 2.86, compared to the broader market0.0020.0040.0060.002.866.40
VPMAX
VQNPX

The current VPMAX Sharpe Ratio is 0.58, which is lower than the VQNPX Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of VPMAX and VQNPX, 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 Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.58
0.89
VPMAX
VQNPX

Dividends

VPMAX vs. VQNPX - Dividend Comparison

VPMAX has not paid dividends to shareholders, while VQNPX's dividend yield for the trailing twelve months is around 0.45%.


TTM20232022202120202019201820172016201520142013
VPMAX
Vanguard PRIMECAP Fund Admiral Shares
0.00%1.17%1.31%0.79%1.12%1.29%1.36%1.08%1.37%1.20%1.32%1.03%
VQNPX
Vanguard Growth and Income Fund Investor Shares
0.45%1.20%1.64%1.15%1.36%1.58%1.79%1.47%2.07%1.87%1.65%1.50%

Drawdowns

VPMAX vs. VQNPX - Drawdown Comparison

The maximum VPMAX drawdown since its inception was -48.32%, smaller than the maximum VQNPX drawdown of -61.71%. Use the drawdown chart below to compare losses from any high point for VPMAX and VQNPX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.40%
-12.34%
VPMAX
VQNPX

Volatility

VPMAX vs. VQNPX - Volatility Comparison

The current volatility for Vanguard PRIMECAP Fund Admiral Shares (VPMAX) is 9.91%, while Vanguard Growth and Income Fund Investor Shares (VQNPX) has a volatility of 14.12%. This indicates that VPMAX experiences smaller price fluctuations and is considered to be less risky than VQNPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
9.91%
14.12%
VPMAX
VQNPX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab