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VTBIX vs. VWEHX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.3

Performance

VTBIX vs. VWEHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Bond Market II Index Fund Investor Shares (VTBIX) and Vanguard High-Yield Corporate Fund Investor Shares (VWEHX). The values are adjusted to include any dividend payments, if applicable.

10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
9.88%
62.04%
VTBIX
VWEHX

Key characteristics

Sharpe Ratio

VTBIX:

0.34

VWEHX:

2.31

Sortino Ratio

VTBIX:

0.51

VWEHX:

3.59

Omega Ratio

VTBIX:

1.06

VWEHX:

1.53

Calmar Ratio

VTBIX:

0.13

VWEHX:

4.04

Martin Ratio

VTBIX:

0.96

VWEHX:

12.96

Ulcer Index

VTBIX:

1.92%

VWEHX:

0.58%

Daily Std Dev

VTBIX:

5.36%

VWEHX:

3.24%

Max Drawdown

VTBIX:

-19.61%

VWEHX:

-30.17%

Current Drawdown

VTBIX:

-10.50%

VWEHX:

-0.91%

Returns By Period

In the year-to-date period, VTBIX achieves a 0.92% return, which is significantly lower than VWEHX's 6.18% return.


VTBIX

YTD

0.92%

1M

-0.42%

6M

0.92%

1Y

1.74%

5Y*

-0.67%

10Y*

N/A

VWEHX

YTD

6.18%

1M

0.32%

6M

4.47%

1Y

7.30%

5Y*

3.40%

10Y*

4.56%

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%.


VWEHX
Vanguard High-Yield Corporate Fund Investor Shares
Expense ratio chart for VWEHX: current value at 0.23% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.23%
Expense ratio chart for VTBIX: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

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.


Sharpe ratio
The chart of Sharpe ratio for VTBIX, currently valued at 0.34, compared to the broader market-1.000.001.002.003.004.000.342.31
The chart of Sortino ratio for VTBIX, currently valued at 0.51, compared to the broader market-2.000.002.004.006.008.0010.000.513.59
The chart of Omega ratio for VTBIX, currently valued at 1.06, compared to the broader market0.501.001.502.002.503.003.501.061.53
The chart of Calmar ratio for VTBIX, currently valued at 0.13, compared to the broader market0.005.0010.0015.000.134.04
The chart of Martin ratio for VTBIX, currently valued at 0.96, compared to the broader market0.0020.0040.0060.000.9612.96
VTBIX
VWEHX

The current VTBIX Sharpe Ratio is 0.34, which is lower than the VWEHX Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of VTBIX and VWEHX, 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.34
2.31
VTBIX
VWEHX

Dividends

VTBIX vs. VWEHX - Dividend Comparison

VTBIX's dividend yield for the trailing twelve months is around 3.33%, less than VWEHX's 6.08% yield.


TTM20232022202120202019201820172016201520142013
VTBIX
Vanguard Total Bond Market II Index Fund Investor Shares
3.33%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
6.08%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.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.50%
-0.91%
VTBIX
VWEHX

Volatility

VTBIX vs. VWEHX - Volatility Comparison

Vanguard Total Bond Market II Index Fund Investor Shares (VTBIX) has a higher volatility of 1.43% compared to Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) at 0.96%. 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.


0.60%0.80%1.00%1.20%1.40%1.60%1.80%JulyAugustSeptemberOctoberNovemberDecember
1.43%
0.96%
VTBIX
VWEHX
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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.

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