VTWNX vs. VHYAX
Compare and contrast key facts about Vanguard Target Retirement 2020 Fund (VTWNX) and Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX).
VTWNX is managed by Vanguard. It was launched on Jun 7, 2006. VHYAX is managed by Vanguard. It was launched on Feb 7, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTWNX or VHYAX.
Performance
VTWNX vs. VHYAX - Performance Comparison
Returns By Period
In the year-to-date period, VTWNX achieves a 8.06% return, which is significantly lower than VHYAX's 19.68% return.
VTWNX
8.06%
-0.89%
4.64%
13.23%
5.33%
5.62%
VHYAX
19.68%
-0.48%
9.76%
27.82%
10.96%
N/A
Key characteristics
| VTWNX | VHYAX | |
|---|---|---|
| Sharpe Ratio | 1.35 | 2.66 |
| Sortino Ratio | 2.00 | 3.77 |
| Omega Ratio | 1.39 | 1.48 |
| Calmar Ratio | 1.63 | 5.40 |
| Martin Ratio | 4.41 | 17.00 |
| Ulcer Index | 3.10% | 1.65% |
| Daily Std Dev | 10.13% | 10.56% |
| Max Drawdown | -42.16% | -35.14% |
| Current Drawdown | -1.19% | -1.45% |
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VTWNX vs. VHYAX - Expense Ratio Comparison
Both VTWNX and VHYAX have an expense ratio of 0.08%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Correlation
The correlation between VTWNX and VHYAX is 0.77, 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
VTWNX vs. VHYAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2020 Fund (VTWNX) and Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX). 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
VTWNX vs. VHYAX - Dividend Comparison
VTWNX's dividend yield for the trailing twelve months is around 2.72%, less than VHYAX's 2.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTWNX Vanguard Target Retirement 2020 Fund | 2.72% | 2.94% | 2.58% | 2.54% | 1.62% | 2.43% | 2.60% | 2.01% | 1.99% | 2.18% | 1.90% | 1.79% |
VHYAX Vanguard High Dividend Yield Index Fund Admiral Shares | 2.76% | 3.10% | 2.98% | 2.74% | 3.16% | 3.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VTWNX vs. VHYAX - Drawdown Comparison
The maximum VTWNX drawdown since its inception was -42.16%, which is greater than VHYAX's maximum drawdown of -35.14%. Use the drawdown chart below to compare losses from any high point for VTWNX and VHYAX. For additional features, visit the drawdowns tool.
Volatility
VTWNX vs. VHYAX - Volatility Comparison
The current volatility for Vanguard Target Retirement 2020 Fund (VTWNX) is 1.42%, while Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) has a volatility of 3.72%. This indicates that VTWNX experiences smaller price fluctuations and is considered to be less risky than VHYAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.