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

Performance

VPMCX vs. VWELX - Performance Comparison

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

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.07%
7.52%
VPMCX
VWELX

Returns By Period

The year-to-date returns for both investments are quite close, with VPMCX having a 14.61% return and VWELX slightly higher at 15.00%. Over the past 10 years, VPMCX has outperformed VWELX with an annualized return of 12.73%, while VWELX has yielded a comparatively lower 8.44% annualized return.


VPMCX

YTD

14.61%

1M

-1.34%

6M

3.07%

1Y

21.11%

5Y (annualized)

13.26%

10Y (annualized)

12.73%

VWELX

YTD

15.00%

1M

0.49%

6M

7.52%

1Y

20.17%

5Y (annualized)

8.73%

10Y (annualized)

8.44%

Key characteristics


VPMCXVWELX
Sharpe Ratio1.512.41
Sortino Ratio2.083.34
Omega Ratio1.281.45
Calmar Ratio1.673.05
Martin Ratio6.6816.41
Ulcer Index3.09%1.22%
Daily Std Dev13.68%8.32%
Max Drawdown-81.07%-36.12%
Current Drawdown-3.78%-1.22%

Compare stocks, funds, or ETFs

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


VPMCX vs. VWELX - Expense Ratio Comparison

VPMCX has a 0.38% expense ratio, which is higher than VWELX's 0.24% expense ratio.


VPMCX
Vanguard PRIMECAP Fund Investor Shares
Expense ratio chart for VPMCX: current value at 0.38% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.38%
Expense ratio chart for VWELX: current value at 0.24% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.24%

Correlation

-0.50.00.51.00.8

The correlation between VPMCX and VWELX is 0.82, 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.

Risk-Adjusted Performance

VPMCX vs. VWELX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard PRIMECAP Fund Investor Shares (VPMCX) and Vanguard Wellington Fund Investor Shares (VWELX). 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 VPMCX, currently valued at 1.51, compared to the broader market-1.000.001.002.003.004.005.001.512.41
The chart of Sortino ratio for VPMCX, currently valued at 2.08, compared to the broader market0.005.0010.002.083.34
The chart of Omega ratio for VPMCX, currently valued at 1.28, compared to the broader market1.002.003.004.001.281.45
The chart of Calmar ratio for VPMCX, currently valued at 1.67, compared to the broader market0.005.0010.0015.0020.0025.001.673.05
The chart of Martin ratio for VPMCX, currently valued at 6.68, compared to the broader market0.0020.0040.0060.0080.00100.006.6816.41
VPMCX
VWELX

The current VPMCX Sharpe Ratio is 1.51, which is lower than the VWELX Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of VPMCX and VWELX, 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 Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.51
2.41
VPMCX
VWELX

Dividends

VPMCX vs. VWELX - Dividend Comparison

VPMCX's dividend yield for the trailing twelve months is around 0.96%, less than VWELX's 5.42% yield.


TTM20232022202120202019201820172016201520142013
VPMCX
Vanguard PRIMECAP Fund Investor Shares
0.96%1.10%1.23%0.70%1.04%1.21%1.26%1.09%1.29%1.12%1.13%0.91%
VWELX
Vanguard Wellington Fund Investor Shares
5.42%6.01%2.25%1.71%2.07%2.53%3.00%2.45%2.56%3.25%2.55%2.50%

Drawdowns

VPMCX vs. VWELX - Drawdown Comparison

The maximum VPMCX drawdown since its inception was -81.07%, which is greater than VWELX's maximum drawdown of -36.12%. Use the drawdown chart below to compare losses from any high point for VPMCX and VWELX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.78%
-1.22%
VPMCX
VWELX

Volatility

VPMCX vs. VWELX - Volatility Comparison

Vanguard PRIMECAP Fund Investor Shares (VPMCX) has a higher volatility of 4.29% compared to Vanguard Wellington Fund Investor Shares (VWELX) at 2.79%. This indicates that VPMCX's price experiences larger fluctuations and is considered to be riskier than VWELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
4.29%
2.79%
VPMCX
VWELX