VTBIX vs. VWEHX
Compare and contrast key facts about Vanguard Total Bond Market II Index Fund Investor Shares (VTBIX) and Vanguard High-Yield Corporate Fund Investor Shares (VWEHX).
VTBIX is managed by Vanguard. VWEHX is managed by Vanguard. It was launched on Dec 27, 1978.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTBIX or VWEHX.
Key characteristics
| VTBIX | VWEHX | |
|---|---|---|
| YTD Return | 2.11% | 6.42% |
| 1Y Return | 8.81% | 12.90% |
| 3Y Return (Ann) | -2.50% | 2.69% |
| 5Y Return (Ann) | -0.30% | 3.77% |
| Sharpe Ratio | 1.36 | 3.43 |
| Sortino Ratio | 1.98 | 5.87 |
| Omega Ratio | 1.24 | 1.89 |
| Calmar Ratio | 0.47 | 2.92 |
| Martin Ratio | 4.77 | 22.26 |
| Ulcer Index | 1.65% | 0.56% |
| Daily Std Dev | 5.79% | 3.64% |
| Max Drawdown | -19.61% | -30.17% |
| Current Drawdown | -9.45% | -0.21% |
Correlation
The correlation between VTBIX and VWEHX is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
VTBIX vs. VWEHX - Performance Comparison
In the year-to-date period, VTBIX achieves a 2.11% return, which is significantly lower than VWEHX's 6.42% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VTBIX vs. VWEHX - Expense Ratio Comparison
VTBIX has a 0.09% expense ratio, which is lower than VWEHX's 0.23% 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%.
Risk-Adjusted Performance
VTBIX vs. VWEHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market II Index Fund Investor Shares (VTBIX) and Vanguard High-Yield Corporate Fund Investor Shares (VWEHX). 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
VTBIX vs. VWEHX - Dividend Comparison
VTBIX's dividend yield for the trailing twelve months is around 3.57%, less than VWEHX's 6.01% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTBIX Vanguard Total Bond Market II Index Fund Investor Shares | 3.57% | 3.04% | 2.37% | 1.76% | 2.18% | 2.72% | 2.51% | 2.43% | 2.38% | 0.00% | 0.00% | 0.00% |
VWEHX Vanguard High-Yield Corporate Fund Investor Shares | 6.01% | 5.68% | 5.11% | 4.15% | 4.62% | 5.25% | 5.93% | 5.30% | 5.39% | 5.88% | 5.59% | 5.79% |
Drawdowns
VTBIX vs. VWEHX - Drawdown Comparison
The maximum VTBIX drawdown since its inception was -19.61%, smaller than the maximum VWEHX drawdown of -30.17%. Use the drawdown chart below to compare losses from any high point for VTBIX and VWEHX. For additional features, visit the drawdowns tool.
Volatility
VTBIX vs. VWEHX - Volatility Comparison
Vanguard Total Bond Market II Index Fund Investor Shares (VTBIX) has a higher volatility of 1.71% compared to Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) at 0.65%. This indicates that VTBIX's price experiences larger fluctuations and is considered to be riskier than VWEHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.