VRVIX vs. VWELX
VRVIX (Vanguard Russell 1000 Value Index Fund Institutional Shares) and VWELX (Vanguard Wellington Fund Investor Shares) are both mutual funds - VRVIX is a Large Cap Value Equities fund managed by Vanguard, while VWELX is a Diversified Portfolio fund actively managed by Vanguard. Over the past 10 years, VRVIX returned 11.31%/yr vs 10.20%/yr for VWELX. Their correlation of 0.89 suggests significant overlap in exposure. VRVIX charges 0.07%/yr vs 0.25%/yr for VWELX.
Performance
VRVIX vs. VWELX - Performance Comparison
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Returns By Period
In the year-to-date period, VRVIX achieves a 14.28% return, which is significantly higher than VWELX's 7.11% return. Over the past 10 years, VRVIX has outperformed VWELX with an annualized return of 11.31%, while VWELX has yielded a comparatively lower 10.20% annualized return.
VRVIX
- 1D
- 0.79%
- 1M
- 4.27%
- YTD
- 14.28%
- 6M
- 14.88%
- 1Y
- 28.30%
- 3Y*
- 18.37%
- 5Y*
- 10.30%
- 10Y*
- 11.31%
VWELX
- 1D
- 0.06%
- 1M
- 3.86%
- YTD
- 7.11%
- 6M
- 7.36%
- 1Y
- 21.02%
- 3Y*
- 15.61%
- 5Y*
- 8.97%
- 10Y*
- 10.20%
VRVIX vs. VWELX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VRVIX Vanguard Russell 1000 Value Index Fund Institutional Shares | 14.28% | 15.31% | 14.32% | 11.41% | -7.64% | 25.09% | 2.75% | 26.49% | -8.30% | 13.58% |
VWELX Vanguard Wellington Fund Investor Shares | 7.11% | 16.54% | 14.73% | 14.29% | -14.36% | 18.99% | 10.57% | 22.51% | -3.43% | 13.98% |
Correlation
The correlation between VRVIX and VWELX is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Sep 23, 2010 | 0.89 |
The correlation between VRVIX and VWELX shifts across timeframes, from 0.75 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VRVIX vs. VWELX — Risk / Return Rank
VRVIX
VWELX
VRVIX vs. VWELX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 1000 Value Index Fund Institutional Shares (VRVIX) 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.
| VRVIX | VWELX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.48 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.29 | 3.17 | +1.12 |
| Martin ratioReturn relative to average drawdown | 17.97 | 14.69 | +3.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VRVIX | VWELX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.70 | 2.56 | +0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.81 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.89 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.84 | -0.14 |
Drawdowns
VRVIX vs. VWELX - Drawdown Comparison
The maximum VRVIX drawdown since its inception was -38.29%, which is greater than VWELX's maximum drawdown of -36.12%. Use the drawdown chart below to compare losses from any high point for VRVIX and VWELX.
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Drawdown Indicators
| VRVIX | VWELX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.29% | -36.12% | -2.17% |
Max Drawdown (1Y)Largest decline over 1 year | -6.80% | -6.78% | -0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -16.00% | -11.98% | -4.02% |
Max Drawdown (5Y)Largest decline over 5 years | -19.06% | -20.88% | +1.82% |
Max Drawdown (10Y)Largest decline over 10 years | -38.29% | -25.33% | -12.96% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -3.92% | -3.92% | 0.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.62% | 1.46% | +0.16% |
Volatility
VRVIX vs. VWELX - Volatility Comparison
Vanguard Russell 1000 Value Index Fund Institutional Shares (VRVIX) has a higher volatility of 3.06% compared to Vanguard Wellington Fund Investor Shares (VWELX) at 2.52%. This indicates that VRVIX'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.
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Volatility by Period
| VRVIX | VWELX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.06% | 2.52% | +0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 8.18% | 6.67% | +1.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.82% | 8.38% | +2.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.84% | 11.13% | +3.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.35% | 11.53% | +5.82% |
VRVIX vs. VWELX - Expense Ratio Comparison
VRVIX has a 0.07% expense ratio, which is lower than VWELX's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VRVIX vs. VWELX - Dividend Comparison
VRVIX's dividend yield for the trailing twelve months is around 1.64%, less than VWELX's 10.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VRVIX Vanguard Russell 1000 Value Index Fund Institutional Shares | 1.64% | 1.41% | 1.98% | 2.10% | 2.24% | 1.69% | 2.25% | 2.30% | 2.60% | 2.21% | 2.43% | 2.42% |
VWELX Vanguard Wellington Fund Investor Shares | 10.76% | 11.46% | 10.76% | 6.01% | 8.19% | 8.64% | 7.77% | 4.67% | 9.49% | 5.82% | 4.44% | 7.03% |
Frequently Asked Questions
VRVIX and VWELX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VRVIX has higher volatility (3.06%) compared to VWELX (2.52%). In terms of maximum drawdown, VRVIX dropped -38.29% vs VWELX's -36.12%.
VRVIX currently has the higher Sharpe Ratio (2.70 vs 2.56), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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