VWAHX vs. VTIAX
Compare and contrast key facts about Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX) and Vanguard Total International Stock Index Fund Admiral Shares (VTIAX).
VWAHX is managed by Vanguard. It was launched on Dec 27, 1978. VTIAX is managed by Vanguard. It was launched on Nov 29, 2010.
Performance
VWAHX vs. VTIAX - Performance Comparison
Loading graphics...
VWAHX vs. VTIAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VWAHX Vanguard High-Yield Tax-Exempt Fund Investor Shares | -0.65% | 4.96% | 3.98% | 8.39% | -11.76% | 3.36% | 5.39% | 9.48% | 1.31% | 7.86% |
VTIAX Vanguard Total International Stock Index Fund Admiral Shares | -1.02% | 32.18% | 5.34% | 15.28% | -16.02% | 8.59% | 11.27% | 21.52% | -14.46% | 27.54% |
Returns By Period
In the year-to-date period, VWAHX achieves a -0.65% return, which is significantly higher than VTIAX's -1.02% return. Over the past 10 years, VWAHX has underperformed VTIAX with an annualized return of 2.95%, while VTIAX has yielded a comparatively higher 8.51% annualized return.
VWAHX
- 1D
- 0.19%
- 1M
- -2.87%
- YTD
- -0.65%
- 6M
- 1.03%
- 1Y
- 3.98%
- 3Y*
- 4.41%
- 5Y*
- 1.42%
- 10Y*
- 2.95%
VTIAX
- 1D
- -0.17%
- 1M
- -11.11%
- YTD
- -1.02%
- 6M
- 3.45%
- 1Y
- 24.00%
- 3Y*
- 14.20%
- 5Y*
- 6.87%
- 10Y*
- 8.51%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VWAHX vs. VTIAX - Expense Ratio Comparison
VWAHX has a 0.17% expense ratio, which is higher than VTIAX's 0.11% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
VWAHX vs. VTIAX — Risk / Return Rank
VWAHX
VTIAX
VWAHX vs. VTIAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX) and Vanguard Total International Stock Index Fund Admiral Shares (VTIAX). 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.
| VWAHX | VTIAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.87 | 1.50 | -0.62 |
Sortino ratioReturn per unit of downside risk | 1.19 | 1.99 | -0.80 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.30 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.95 | 1.92 | -0.97 |
Martin ratioReturn relative to average drawdown | 2.95 | 7.64 | -4.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VWAHX | VTIAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.87 | 1.50 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.47 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.54 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.38 | +0.25 |
Correlation
The correlation between VWAHX and VTIAX is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
VWAHX vs. VTIAX - Dividend Comparison
VWAHX's dividend yield for the trailing twelve months is around 4.07%, more than VTIAX's 3.03% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VWAHX Vanguard High-Yield Tax-Exempt Fund Investor Shares | 4.07% | 4.95% | 4.38% | 3.53% | 3.36% | 2.98% | 3.31% | 3.94% | 3.78% | 3.68% | 3.75% | 3.67% |
VTIAX Vanguard Total International Stock Index Fund Admiral Shares | 3.03% | 3.15% | 3.33% | 3.22% | 3.04% | 3.05% | 2.10% | 3.04% | 3.16% | 2.73% | 2.93% | 2.84% |
Drawdowns
VWAHX vs. VTIAX - Drawdown Comparison
The maximum VWAHX drawdown since its inception was -40.26%, which is greater than VTIAX's maximum drawdown of -35.83%. Use the drawdown chart below to compare losses from any high point for VWAHX and VTIAX.
Loading graphics...
Drawdown Indicators
| VWAHX | VTIAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.26% | -35.83% | -4.43% |
Max Drawdown (1Y)Largest decline over 1 year | -5.63% | -11.28% | +5.65% |
Max Drawdown (5Y)Largest decline over 5 years | -17.32% | -29.56% | +12.24% |
Max Drawdown (10Y)Largest decline over 10 years | -17.32% | -35.83% | +18.51% |
Current DrawdownCurrent decline from peak | -2.87% | -11.28% | +8.41% |
Average DrawdownAverage peak-to-trough decline | -6.95% | -8.15% | +1.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 2.84% | -1.02% |
Volatility
VWAHX vs. VTIAX - Volatility Comparison
The current volatility for Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX) is 1.19%, while Vanguard Total International Stock Index Fund Admiral Shares (VTIAX) has a volatility of 6.80%. This indicates that VWAHX experiences smaller price fluctuations and is considered to be less risky than VTIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VWAHX | VTIAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 6.80% | -5.61% |
Volatility (6M)Calculated over the trailing 6-month period | 1.96% | 10.50% | -8.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.70% | 15.53% | -9.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.75% | 14.80% | -10.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.61% | 15.83% | -11.22% |