VWEAX vs. VTIP
Compare and contrast key facts about Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP).
VWEAX is managed by Vanguard. It was launched on Nov 12, 2001. VTIP is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Oct 12, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VWEAX or VTIP.
Correlation
The correlation between VWEAX and VTIP is 0.07, 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.
Performance
VWEAX vs. VTIP - Performance Comparison
Key characteristics
VWEAX:
2.14
VTIP:
3.69
VWEAX:
3.18
VTIP:
5.87
VWEAX:
1.51
VTIP:
1.82
VWEAX:
2.74
VTIP:
7.25
VWEAX:
11.09
VTIP:
24.41
VWEAX:
0.64%
VTIP:
0.29%
VWEAX:
3.42%
VTIP:
1.95%
VWEAX:
-30.03%
VTIP:
-6.27%
VWEAX:
-0.38%
VTIP:
-0.44%
Returns By Period
In the year-to-date period, VWEAX achieves a 1.58% return, which is significantly lower than VTIP's 3.45% return. Over the past 10 years, VWEAX has outperformed VTIP with an annualized return of 4.48%, while VTIP has yielded a comparatively lower 2.86% annualized return.
VWEAX
1.58%
2.26%
1.69%
7.28%
5.27%
4.48%
VTIP
3.45%
0.30%
3.57%
7.14%
3.98%
2.86%
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VWEAX vs. VTIP - Expense Ratio Comparison
VWEAX has a 0.13% expense ratio, which is higher than VTIP's 0.04% 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%.
Risk-Adjusted Performance
VWEAX vs. VTIP — Risk-Adjusted Performance Rank
VWEAX
VTIP
VWEAX vs. VTIP - 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 Short-Term Inflation-Protected Securities ETF (VTIP). 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
VWEAX vs. VTIP - Dividend Comparison
VWEAX's dividend yield for the trailing twelve months is around 5.74%, more than VTIP's 2.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VWEAX Vanguard High-Yield Corporate Fund Admiral Shares | 5.74% | 6.18% | 5.79% | 5.20% | 4.24% | 4.72% | 5.32% | 6.10% | 5.42% | 5.49% | 5.99% | 5.71% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 2.76% | 2.70% | 3.36% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% |
Drawdowns
VWEAX vs. VTIP - Drawdown Comparison
The maximum VWEAX drawdown since its inception was -30.03%, which is greater than VTIP's maximum drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for VWEAX and VTIP. For additional features, visit the drawdowns tool.
Volatility
VWEAX vs. VTIP - Volatility Comparison
Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) has a higher volatility of 1.17% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 0.82%. This indicates that VWEAX's price experiences larger fluctuations and is considered to be riskier than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.