VWENX vs. SPY
Compare and contrast key facts about Vanguard Wellington Fund Admiral Shares (VWENX) and SPDR S&P 500 ETF (SPY).
VWENX is managed by Vanguard. It was launched on May 14, 2001. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VWENX or SPY.
Correlation
The correlation between VWENX and SPY is 0.94, 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
VWENX vs. SPY - Performance Comparison
Key characteristics
VWENX:
1.76
SPY:
1.75
VWENX:
2.43
SPY:
2.36
VWENX:
1.32
SPY:
1.32
VWENX:
3.15
SPY:
2.66
VWENX:
11.35
SPY:
11.01
VWENX:
1.37%
SPY:
2.03%
VWENX:
8.83%
SPY:
12.77%
VWENX:
-36.02%
SPY:
-55.19%
VWENX:
-1.16%
SPY:
-2.12%
Returns By Period
The year-to-date returns for both investments are quite close, with VWENX having a 2.34% return and SPY slightly higher at 2.36%. Over the past 10 years, VWENX has underperformed SPY with an annualized return of 8.46%, while SPY has yielded a comparatively higher 12.96% annualized return.
VWENX
2.34%
-0.38%
4.55%
13.98%
8.22%
8.46%
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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VWENX vs. SPY - Expense Ratio Comparison
VWENX has a 0.16% expense ratio, which is higher than SPY's 0.09% 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
VWENX vs. SPY — Risk-Adjusted Performance Rank
VWENX
SPY
VWENX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Wellington Fund Admiral Shares (VWENX) and SPDR S&P 500 ETF (SPY). 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
VWENX vs. SPY - Dividend Comparison
VWENX's dividend yield for the trailing twelve months is around 10.60%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VWENX Vanguard Wellington Fund Admiral Shares | 10.60% | 10.85% | 6.08% | 8.28% | 8.72% | 7.85% | 4.74% | 9.58% | 6.55% | 4.53% | 6.58% | 6.47% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
VWENX vs. SPY - Drawdown Comparison
The maximum VWENX drawdown since its inception was -36.02%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VWENX and SPY. For additional features, visit the drawdowns tool.
Volatility
VWENX vs. SPY - Volatility Comparison
The current volatility for Vanguard Wellington Fund Admiral Shares (VWENX) is 2.27%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.38%. This indicates that VWENX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.