VTBNX vs. VWAHX
Compare and contrast key facts about Vanguard Total Bond Market II Index Fund (VTBNX) and Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX).
VTBNX is managed by Vanguard. VWAHX 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: VTBNX or VWAHX.
Correlation
The correlation between VTBNX and VWAHX is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VTBNX vs. VWAHX - Performance Comparison
Key characteristics
VTBNX:
0.90
VWAHX:
0.95
VTBNX:
1.32
VWAHX:
1.28
VTBNX:
1.16
VWAHX:
1.20
VTBNX:
0.33
VWAHX:
0.63
VTBNX:
2.22
VWAHX:
3.01
VTBNX:
2.09%
VWAHX:
1.26%
VTBNX:
5.12%
VWAHX:
4.01%
VTBNX:
-19.47%
VWAHX:
-17.82%
VTBNX:
-8.82%
VWAHX:
-1.70%
Returns By Period
In the year-to-date period, VTBNX achieves a 1.19% return, which is significantly higher than VWAHX's 0.28% return.
VTBNX
1.19%
1.30%
-0.80%
4.85%
-0.83%
N/A
VWAHX
0.28%
0.56%
0.46%
3.88%
0.98%
2.95%
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VTBNX vs. VWAHX - Expense Ratio Comparison
VTBNX has a 0.02% expense ratio, which is lower than VWAHX's 0.17% 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
VTBNX vs. VWAHX — Risk-Adjusted Performance Rank
VTBNX
VWAHX
VTBNX vs. VWAHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market II Index Fund (VTBNX) and Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX). 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
VTBNX vs. VWAHX - Dividend Comparison
VTBNX's dividend yield for the trailing twelve months is around 3.77%, more than VWAHX's 3.43% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTBNX Vanguard Total Bond Market II Index Fund | 3.77% | 3.77% | 3.14% | 2.47% | 1.83% | 2.24% | 2.81% | 2.57% | 2.52% | 2.47% | 0.00% | 0.00% |
VWAHX Vanguard High-Yield Tax-Exempt Fund Investor Shares | 3.43% | 3.75% | 3.53% | 3.37% | 2.86% | 3.09% | 3.36% | 3.79% | 3.69% | 3.75% | 3.69% | 3.78% |
Drawdowns
VTBNX vs. VWAHX - Drawdown Comparison
The maximum VTBNX drawdown since its inception was -19.47%, which is greater than VWAHX's maximum drawdown of -17.82%. Use the drawdown chart below to compare losses from any high point for VTBNX and VWAHX. For additional features, visit the drawdowns tool.
Volatility
VTBNX vs. VWAHX - Volatility Comparison
Vanguard Total Bond Market II Index Fund (VTBNX) has a higher volatility of 1.32% compared to Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX) at 1.17%. This indicates that VTBNX's price experiences larger fluctuations and is considered to be riskier than VWAHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.