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VWELX vs. BTC-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

VWELX vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Wellington Fund Investor Shares (VWELX) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, VWELX achieves a 5.15% return, which is significantly higher than BTC-USD's -25.13% return. Over the past 10 years, VWELX has underperformed BTC-USD with an annualized return of 9.74%, while BTC-USD has yielded a comparatively higher 58.50% annualized return.


VWELX

1D
-0.77%
1M
-1.29%
6M
4.49%
YTD
5.15%
1Y
14.17%
3Y*
13.78%
5Y*
8.11%
10Y*
9.74%
ALL TIME*
9.39%

BTC-USD

1D
1.28%
1M
2.00%
6M
-29.23%
YTD
-25.13%
1Y
-44.16%
3Y*
29.87%
5Y*
15.31%
10Y*
58.50%
ALL TIME*
89.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VWELX vs. BTC-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VWELX
Vanguard Wellington Fund Investor Shares
5.15%16.54%14.73%14.29%-14.36%18.99%10.57%22.51%-3.43%13.98%
BTC-USD
Bitcoin
-25.13%-6.27%120.76%155.82%-64.23%59.40%304.57%94.10%-73.37%1,324.24%

Correlation

The correlation between VWELX and BTC-USD is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.35

Correlation (3Y)
Calculated over the trailing 3-year period

0.25

Correlation (5Y)
Calculated over the trailing 5-year period

0.29

Correlation (10Y)
Calculated over the trailing 10-year period

0.18

Correlation (All Time)
Calculated using the full available price history since Nov 4, 2012

0.12

Over the past year, VWELX and BTC-USD have become more correlated (0.35) than their long-term average of 0.12, meaning their price movements have been converging.

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Return for Risk

VWELX vs. BTC-USD — Risk / Return Rank

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

VWELX
VWELX Risk / Return Rank: 4949
Overall Rank
VWELX Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
VWELX Sortino Ratio Rank: 4747
Sortino Ratio Rank
VWELX Omega Ratio Rank: 4747
Omega Ratio Rank
VWELX Calmar Ratio Rank: 4545
Calmar Ratio Rank
VWELX Martin Ratio Rank: 5959
Martin Ratio Rank

BTC-USD
BTC-USD Risk / Return Rank: 4040
Overall Rank
BTC-USD Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 4545
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 4545
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 6161
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 3030
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.

VWELX vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Wellington Fund Investor Shares (VWELX) and Bitcoin (BTC-USD). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


VWELXBTC-USDDifference
Sharpe ratioReturn per unit of total volatility

+2.61

Sortino ratioReturn per unit of downside risk

+3.75

Omega ratioGain probability vs. loss probability

1.29

0.85

+0.44

Calmar ratioReturn relative to maximum drawdown

2.12

-0.83

+2.95

Martin ratioReturn relative to average drawdown

9.34

-1.32

+10.66

VWELX vs. BTC-USD - Sharpe Ratio Comparison

The current VWELX Sharpe Ratio is 1.59, which is higher than the BTC-USD Sharpe Ratio of -1.03. The chart below compares the historical Sharpe Ratios of VWELX and BTC-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

VWELX vs. BTC-USD - Drawdown Comparison

The maximum VWELX drawdown since its inception was -36.12%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for VWELX and BTC-USD.


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Drawdown Indicators


VWELXBTC-USDDifference

Max Drawdown

Largest peak-to-trough decline

-36.12%

-85.30%

+49.18%

Max Drawdown (1Y)

Largest decline over 1 year

-6.78%

-53.08%

+46.30%

Max Drawdown (3Y)

Largest decline over 3 years

-11.98%

-53.08%

+41.10%

Max Drawdown (5Y)

Largest decline over 5 years

-20.88%

-76.67%

+55.79%

Max Drawdown (10Y)

Largest decline over 10 years

-25.33%

-83.80%

+58.47%

Current Drawdown

Current decline from peak

-1.83%

-47.48%

+45.65%

Average Drawdown

Average peak-to-trough decline

-3.92%

-42.61%

+38.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.54%

27.88%

-26.34%

Volatility

VWELX vs. BTC-USD - Volatility Comparison

The current volatility for Vanguard Wellington Fund Investor Shares (VWELX) is 2.58%, while Bitcoin (BTC-USD) has a volatility of 9.37%. This indicates that VWELX experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VWELXBTC-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.58%

9.37%

-6.79%

Volatility (6M)

Calculated over the trailing 6-month period

7.52%

34.93%

-27.41%

Volatility (1Y)

Calculated over the trailing 1-year period

9.07%

35.76%

-26.69%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.24%

43.93%

-32.69%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.53%

56.33%

-44.80%

Frequently Asked Questions


VWELX and BTC-USD have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BTC-USD has higher volatility (9.37%) compared to VWELX (2.58%). In terms of maximum drawdown, VWELX dropped -36.12% vs BTC-USD's -85.30%.

VWELX currently has the higher Sharpe Ratio (1.59 vs -1.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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