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VWEAX vs. VAIPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VWEAX and VAIPX is 0.14, 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.


-0.50.00.51.00.1

Performance

VWEAX vs. VAIPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) and Vanguard Inflation-Protected Securities Fund Admiral Shares (VAIPX). The values are adjusted to include any dividend payments, if applicable.

80.00%100.00%120.00%140.00%160.00%180.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
193.15%
83.69%
VWEAX
VAIPX

Key characteristics

Sharpe Ratio

VWEAX:

1.95

VAIPX:

0.33

Sortino Ratio

VWEAX:

2.95

VAIPX:

0.48

Omega Ratio

VWEAX:

1.43

VAIPX:

1.06

Calmar Ratio

VWEAX:

3.35

VAIPX:

0.14

Martin Ratio

VWEAX:

10.57

VAIPX:

1.10

Ulcer Index

VWEAX:

0.59%

VAIPX:

1.35%

Daily Std Dev

VWEAX:

3.20%

VAIPX:

4.54%

Max Drawdown

VWEAX:

-30.03%

VAIPX:

-15.04%

Current Drawdown

VWEAX:

-1.29%

VAIPX:

-7.59%

Returns By Period

In the year-to-date period, VWEAX achieves a 5.31% return, which is significantly higher than VAIPX's 1.76% return. Over the past 10 years, VWEAX has outperformed VAIPX with an annualized return of 4.53%, while VAIPX has yielded a comparatively lower 2.17% annualized return.


VWEAX

YTD

5.31%

1M

-0.73%

6M

3.60%

1Y

6.04%

5Y*

3.30%

10Y*

4.53%

VAIPX

YTD

1.76%

1M

-0.74%

6M

0.69%

1Y

1.80%

5Y*

1.81%

10Y*

2.17%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VWEAX vs. VAIPX - Expense Ratio Comparison

VWEAX has a 0.13% expense ratio, which is higher than VAIPX's 0.10% 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%.


VWEAX
Vanguard High-Yield Corporate Fund Admiral Shares
Expense ratio chart for VWEAX: current value at 0.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.13%
Expense ratio chart for VAIPX: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%

Risk-Adjusted Performance

VWEAX vs. VAIPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) and Vanguard Inflation-Protected Securities Fund Admiral Shares (VAIPX). 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 VWEAX, currently valued at 1.95, compared to the broader market-1.000.001.002.003.004.001.950.33
The chart of Sortino ratio for VWEAX, currently valued at 2.95, compared to the broader market-2.000.002.004.006.008.0010.002.950.48
The chart of Omega ratio for VWEAX, currently valued at 1.43, compared to the broader market0.501.001.502.002.503.003.501.431.06
The chart of Calmar ratio for VWEAX, currently valued at 3.35, compared to the broader market0.002.004.006.008.0010.0012.0014.003.350.14
The chart of Martin ratio for VWEAX, currently valued at 10.57, compared to the broader market0.0020.0040.0060.0010.571.10
VWEAX
VAIPX

The current VWEAX Sharpe Ratio is 1.95, which is higher than the VAIPX Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of VWEAX and VAIPX, 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
1.95
0.33
VWEAX
VAIPX

Dividends

VWEAX vs. VAIPX - Dividend Comparison

VWEAX's dividend yield for the trailing twelve months is around 5.65%, more than VAIPX's 2.40% yield.


TTM20232022202120202019201820172016201520142013
VWEAX
Vanguard High-Yield Corporate Fund Admiral Shares
5.65%5.79%5.20%4.24%4.72%5.32%6.10%5.42%5.49%5.99%5.71%5.89%
VAIPX
Vanguard Inflation-Protected Securities Fund Admiral Shares
2.40%4.31%8.45%5.13%1.38%2.30%3.12%2.41%2.12%0.87%2.25%1.83%

Drawdowns

VWEAX vs. VAIPX - Drawdown Comparison

The maximum VWEAX drawdown since its inception was -30.03%, which is greater than VAIPX's maximum drawdown of -15.04%. Use the drawdown chart below to compare losses from any high point for VWEAX and VAIPX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.29%
-7.59%
VWEAX
VAIPX

Volatility

VWEAX vs. VAIPX - Volatility Comparison

The current volatility for Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) is 0.72%, while Vanguard Inflation-Protected Securities Fund Admiral Shares (VAIPX) has a volatility of 1.29%. This indicates that VWEAX experiences smaller price fluctuations and is considered to be less risky than VAIPX 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%JulyAugustSeptemberOctoberNovemberDecember
0.72%
1.29%
VWEAX
VAIPX
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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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