VWEHX vs. FQTIX
Compare and contrast key facts about Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) and Franklin Templeton SMACS: Series I (FQTIX).
VWEHX is managed by Vanguard. It was launched on Dec 27, 1978. FQTIX is managed by Franklin Templeton. It was launched on Jun 3, 2019.
Performance
VWEHX vs. FQTIX - Performance Comparison
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VWEHX vs. FQTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VWEHX Vanguard High-Yield Corporate Fund Investor Shares | -1.15% | 9.38% | 6.33% | 11.66% | -9.04% | 2.97% | 5.30% | 7.24% |
FQTIX Franklin Templeton SMACS: Series I | 1.02% | 7.51% | 8.03% | 13.44% | -14.39% | 8.51% | 3.68% | 4.11% |
Returns By Period
In the year-to-date period, VWEHX achieves a -1.15% return, which is significantly lower than FQTIX's 1.02% return.
VWEHX
- 1D
- 0.55%
- 1M
- -1.62%
- YTD
- -1.15%
- 6M
- 0.56%
- 1Y
- 6.47%
- 3Y*
- 7.55%
- 5Y*
- 3.89%
- 10Y*
- 5.18%
FQTIX
- 1D
- 0.50%
- 1M
- -1.34%
- YTD
- 1.02%
- 6M
- 3.05%
- 1Y
- 9.98%
- 3Y*
- 8.04%
- 5Y*
- 3.70%
- 10Y*
- —
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VWEHX vs. FQTIX - Expense Ratio Comparison
VWEHX has a 0.23% expense ratio, which is higher than FQTIX's 0.00% 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
VWEHX vs. FQTIX — Risk / Return Rank
VWEHX
FQTIX
VWEHX vs. FQTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) and Franklin Templeton SMACS: Series I (FQTIX). 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.
| VWEHX | FQTIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.90 | 2.68 | -0.77 |
Sortino ratioReturn per unit of downside risk | 2.86 | 3.64 | -0.79 |
Omega ratioGain probability vs. loss probability | 1.46 | 1.64 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | 2.79 | 4.19 | -1.41 |
Martin ratioReturn relative to average drawdown | 11.37 | 18.41 | -7.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VWEHX | FQTIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.90 | 2.68 | -0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.63 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.99 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 0.56 | +0.31 |
Correlation
The correlation between VWEHX and FQTIX is 0.73, 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.
Dividends
VWEHX vs. FQTIX - Dividend Comparison
VWEHX's dividend yield for the trailing twelve months is around 5.78%, less than FQTIX's 7.00% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VWEHX Vanguard High-Yield Corporate Fund Investor Shares | 5.78% | 6.15% | 6.11% | 5.68% | 5.11% | 3.43% | 4.62% | 5.24% | 5.94% | 5.29% | 5.41% | 6.42% |
FQTIX Franklin Templeton SMACS: Series I | 7.00% | 5.70% | 7.86% | 7.64% | 8.10% | 7.15% | 6.89% | 5.63% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VWEHX vs. FQTIX - Drawdown Comparison
The maximum VWEHX drawdown since its inception was -30.17%, which is greater than FQTIX's maximum drawdown of -24.62%. Use the drawdown chart below to compare losses from any high point for VWEHX and FQTIX.
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Drawdown Indicators
| VWEHX | FQTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.17% | -24.62% | -5.55% |
Max Drawdown (1Y)Largest decline over 1 year | -2.52% | -2.41% | -0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -13.83% | -18.81% | +4.98% |
Max Drawdown (10Y)Largest decline over 10 years | -19.69% | — | — |
Current DrawdownCurrent decline from peak | -1.80% | -1.47% | -0.33% |
Average DrawdownAverage peak-to-trough decline | -4.30% | -4.42% | +0.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.62% | 0.55% | +0.07% |
Volatility
VWEHX vs. FQTIX - Volatility Comparison
The current volatility for Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) is 1.39%, while Franklin Templeton SMACS: Series I (FQTIX) has a volatility of 1.68%. This indicates that VWEHX experiences smaller price fluctuations and is considered to be less risky than FQTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VWEHX | FQTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.39% | 1.68% | -0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 2.29% | 2.43% | -0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.45% | 3.87% | -0.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.85% | 5.93% | -1.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.26% | 7.80% | -2.54% |