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VWEHX vs. VBTLX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VWEHX and VBTLX is 0.22, 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.


-0.50.00.51.00.2

Performance

VWEHX vs. VBTLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX). The values are adjusted to include any dividend payments, if applicable.

100.00%150.00%200.00%250.00%JulyAugustSeptemberOctoberNovemberDecember
272.46%
86.97%
VWEHX
VBTLX

Key characteristics

Sharpe Ratio

VWEHX:

2.06

VBTLX:

0.25

Sortino Ratio

VWEHX:

3.18

VBTLX:

0.38

Omega Ratio

VWEHX:

1.47

VBTLX:

1.05

Calmar Ratio

VWEHX:

3.61

VBTLX:

0.10

Martin Ratio

VWEHX:

11.38

VBTLX:

0.69

Ulcer Index

VWEHX:

0.59%

VBTLX:

1.95%

Daily Std Dev

VWEHX:

3.26%

VBTLX:

5.44%

Max Drawdown

VWEHX:

-30.17%

VBTLX:

-19.05%

Current Drawdown

VWEHX:

-1.28%

VBTLX:

-9.74%

Returns By Period

In the year-to-date period, VWEHX achieves a 5.79% return, which is significantly higher than VBTLX's 0.84% return. Over the past 10 years, VWEHX has outperformed VBTLX with an annualized return of 4.49%, while VBTLX has yielded a comparatively lower 1.31% annualized return.


VWEHX

YTD

5.79%

1M

-0.23%

6M

4.09%

1Y

6.51%

5Y*

3.32%

10Y*

4.49%

VBTLX

YTD

0.84%

1M

-0.52%

6M

1.12%

1Y

1.45%

5Y*

-0.41%

10Y*

1.31%

Compare stocks, funds, or ETFs

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


VWEHX vs. VBTLX - Expense Ratio Comparison

VWEHX has a 0.23% expense ratio, which is higher than VBTLX's 0.05% 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%.


VWEHX
Vanguard High-Yield Corporate Fund Investor Shares
Expense ratio chart for VWEHX: current value at 0.23% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.23%
Expense ratio chart for VBTLX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Risk-Adjusted Performance

VWEHX vs. VBTLX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX). 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 VWEHX, currently valued at 2.06, compared to the broader market-1.000.001.002.003.004.002.060.25
The chart of Sortino ratio for VWEHX, currently valued at 3.18, compared to the broader market-2.000.002.004.006.008.0010.003.180.38
The chart of Omega ratio for VWEHX, currently valued at 1.47, compared to the broader market0.501.001.502.002.503.003.501.471.05
The chart of Calmar ratio for VWEHX, currently valued at 3.61, compared to the broader market0.002.004.006.008.0010.0012.0014.003.610.10
The chart of Martin ratio for VWEHX, currently valued at 11.38, compared to the broader market0.0020.0040.0060.0011.380.69
VWEHX
VBTLX

The current VWEHX Sharpe Ratio is 2.06, which is higher than the VBTLX Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of VWEHX and VBTLX, 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
2.06
0.25
VWEHX
VBTLX

Dividends

VWEHX vs. VBTLX - Dividend Comparison

VWEHX's dividend yield for the trailing twelve months is around 6.10%, more than VBTLX's 3.34% yield.


TTM20232022202120202019201820172016201520142013
VWEHX
Vanguard High-Yield Corporate Fund Investor Shares
6.10%5.68%5.11%4.15%4.62%5.25%5.93%5.30%5.39%5.88%5.59%5.79%
VBTLX
Vanguard Total Bond Market Index Fund Admiral Shares
3.34%3.11%2.51%1.90%2.23%2.74%2.78%2.51%2.49%2.48%2.55%2.56%

Drawdowns

VWEHX vs. VBTLX - Drawdown Comparison

The maximum VWEHX drawdown since its inception was -30.17%, which is greater than VBTLX's maximum drawdown of -19.05%. Use the drawdown chart below to compare losses from any high point for VWEHX and VBTLX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.28%
-9.74%
VWEHX
VBTLX

Volatility

VWEHX vs. VBTLX - Volatility Comparison

The current volatility for Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) is 1.00%, while Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) has a volatility of 1.55%. This indicates that VWEHX experiences smaller price fluctuations and is considered to be less risky than VBTLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%JulyAugustSeptemberOctoberNovemberDecember
1.00%
1.55%
VWEHX
VBTLX
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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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