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VWEAX vs. VTSAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VWEAX vs. VTSAX - 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 Total Stock Market Index Fund Admiral Shares (VTSAX). The values are adjusted to include any dividend payments, if applicable.

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VWEAX vs. VTSAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VWEAX
Vanguard High-Yield Corporate Fund Admiral Shares
-1.68%9.49%6.42%11.79%-8.95%3.04%5.41%15.92%-2.80%7.17%
VTSAX
Vanguard Total Stock Market Index Fund Admiral Shares
-6.75%17.12%23.23%26.51%-19.52%25.72%20.98%30.79%-5.18%21.16%

Returns By Period

In the year-to-date period, VWEAX achieves a -1.68% return, which is significantly higher than VTSAX's -6.75% return. Over the past 10 years, VWEAX has underperformed VTSAX with an annualized return of 5.22%, while VTSAX has yielded a comparatively higher 13.27% annualized return.


VWEAX

1D
0.18%
1M
-2.34%
YTD
-1.68%
6M
0.04%
1Y
5.98%
3Y*
7.45%
5Y*
3.91%
10Y*
5.22%

VTSAX

1D
-0.46%
1M
-7.71%
YTD
-6.75%
6M
-4.47%
1Y
14.76%
3Y*
16.69%
5Y*
10.11%
10Y*
13.27%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VWEAX vs. VTSAX - Expense Ratio Comparison

VWEAX has a 0.13% expense ratio, which is higher than VTSAX'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%.


Return for Risk

VWEAX vs. VTSAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VWEAX
VWEAX Risk / Return Rank: 9292
Overall Rank
VWEAX Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
VWEAX Sortino Ratio Rank: 9393
Sortino Ratio Rank
VWEAX Omega Ratio Rank: 9494
Omega Ratio Rank
VWEAX Calmar Ratio Rank: 9090
Calmar Ratio Rank
VWEAX Martin Ratio Rank: 9191
Martin Ratio Rank

VTSAX
VTSAX Risk / Return Rank: 4646
Overall Rank
VTSAX Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
VTSAX Sortino Ratio Rank: 4545
Sortino Ratio Rank
VTSAX Omega Ratio Rank: 4949
Omega Ratio Rank
VTSAX Calmar Ratio Rank: 4141
Calmar Ratio Rank
VTSAX Martin Ratio Rank: 5353
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VWEAX vs. VTSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX). 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.


VWEAXVTSAXDifference

Sharpe ratio

Return per unit of total volatility

1.92

0.84

+1.08

Sortino ratio

Return per unit of downside risk

2.89

1.29

+1.59

Omega ratio

Gain probability vs. loss probability

1.47

1.20

+0.27

Calmar ratio

Return relative to maximum drawdown

2.52

1.05

+1.47

Martin ratio

Return relative to average drawdown

10.45

5.08

+5.36

VWEAX vs. VTSAX - Sharpe Ratio Comparison

The current VWEAX Sharpe Ratio is 1.92, which is higher than the VTSAX Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of VWEAX and VTSAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


VWEAXVTSAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.92

0.84

+1.08

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.81

0.59

+0.22

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.00

0.72

+0.27

Sharpe Ratio (All Time)

Calculated using the full available price history

1.22

0.43

+0.78

Correlation

The correlation between VWEAX and VTSAX is 0.29, 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.


Dividends

VWEAX vs. VTSAX - Dividend Comparison

VWEAX's dividend yield for the trailing twelve months is around 5.91%, more than VTSAX's 1.20% yield.


TTM20252024202320222021202020192018201720162015
VWEAX
Vanguard High-Yield Corporate Fund Admiral Shares
5.91%6.25%6.20%5.79%5.21%3.49%4.71%5.33%6.07%5.39%5.51%6.53%
VTSAX
Vanguard Total Stock Market Index Fund Admiral Shares
1.20%1.11%1.26%1.42%1.65%1.20%1.41%1.76%2.03%1.71%1.92%1.98%

Drawdowns

VWEAX vs. VTSAX - Drawdown Comparison

The maximum VWEAX drawdown since its inception was -30.05%, smaller than the maximum VTSAX drawdown of -55.33%. Use the drawdown chart below to compare losses from any high point for VWEAX and VTSAX.


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Drawdown Indicators


VWEAXVTSAXDifference

Max Drawdown

Largest peak-to-trough decline

-30.05%

-55.33%

+25.28%

Max Drawdown (1Y)

Largest decline over 1 year

-2.52%

-12.41%

+9.89%

Max Drawdown (5Y)

Largest decline over 5 years

-13.77%

-25.36%

+11.59%

Max Drawdown (10Y)

Largest decline over 10 years

-19.68%

-34.97%

+15.29%

Current Drawdown

Current decline from peak

-2.34%

-8.92%

+6.58%

Average Drawdown

Average peak-to-trough decline

-2.13%

-9.06%

+6.93%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.61%

2.56%

-1.95%

Volatility

VWEAX vs. VTSAX - Volatility Comparison

The current volatility for Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) is 1.23%, while Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) has a volatility of 4.39%. This indicates that VWEAX experiences smaller price fluctuations and is considered to be less risky than VTSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VWEAXVTSAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.23%

4.39%

-3.16%

Volatility (6M)

Calculated over the trailing 6-month period

2.25%

9.33%

-7.08%

Volatility (1Y)

Calculated over the trailing 1-year period

3.43%

18.42%

-14.99%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.86%

17.32%

-12.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.27%

18.37%

-13.10%