VWELX vs. VOO
Compare and contrast key facts about Vanguard Wellington Fund Investor Shares (VWELX) and Vanguard S&P 500 ETF (VOO).
VWELX is managed by Vanguard. It was launched on Jul 1, 1929. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VWELX or VOO.
Key characteristics
VWELX | VOO | |
---|---|---|
YTD Return | 8.57% | 15.41% |
1Y Return | 16.89% | 28.19% |
3Y Return (Ann) | 4.87% | 10.22% |
5Y Return (Ann) | 8.81% | 15.25% |
10Y Return (Ann) | 8.15% | 12.88% |
Sharpe Ratio | 2.05 | 2.46 |
Daily Std Dev | 8.11% | 11.25% |
Max Drawdown | -36.12% | -33.99% |
Current Drawdown | -0.21% | -0.35% |
Correlation
The correlation between VWELX and VOO is 0.95, 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.
Performance
VWELX vs. VOO - Performance Comparison
In the year-to-date period, VWELX achieves a 8.57% return, which is significantly lower than VOO's 15.41% return. Over the past 10 years, VWELX has underperformed VOO with an annualized return of 8.15%, while VOO has yielded a comparatively higher 12.88% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VWELX vs. VOO - Expense Ratio Comparison
VWELX has a 0.24% expense ratio, which is higher than VOO's 0.03% 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
VWELX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Wellington Fund Investor Shares (VWELX) and Vanguard S&P 500 ETF (VOO). 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
VWELX vs. VOO - Dividend Comparison
VWELX's dividend yield for the trailing twelve months is around 5.69%, more than VOO's 1.28% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
VWELX Vanguard Wellington Fund Investor Shares | 5.69% | 6.01% | 8.19% | 8.64% | 7.77% | 4.67% | 9.49% | 6.47% | 4.44% | 7.03% | 6.39% | 6.55% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
VWELX vs. VOO - Drawdown Comparison
The maximum VWELX drawdown since its inception was -36.12%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VWELX and VOO. For additional features, visit the drawdowns tool.
Volatility
VWELX vs. VOO - Volatility Comparison
The current volatility for Vanguard Wellington Fund Investor Shares (VWELX) is 1.71%, while Vanguard S&P 500 ETF (VOO) has a volatility of 2.26%. This indicates that VWELX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.