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VWESX vs. FAGIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


VWESXFAGIX
YTD Return-1.35%11.57%
1Y Return9.09%16.48%
3Y Return (Ann)-7.65%1.40%
5Y Return (Ann)-3.25%5.00%
10Y Return (Ann)0.86%5.09%
Sharpe Ratio1.033.46
Sortino Ratio1.525.30
Omega Ratio1.181.77
Calmar Ratio0.341.54
Martin Ratio3.1224.28
Ulcer Index3.63%0.68%
Daily Std Dev11.06%4.82%
Max Drawdown-39.13%-37.80%
Current Drawdown-27.14%-0.48%

Correlation

-0.50.00.51.00.1

The correlation between VWESX and FAGIX is 0.09, 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.

Performance

VWESX vs. FAGIX - Performance Comparison

In the year-to-date period, VWESX achieves a -1.35% return, which is significantly lower than FAGIX's 11.57% return. Over the past 10 years, VWESX has underperformed FAGIX with an annualized return of 0.86%, while FAGIX has yielded a comparatively higher 5.09% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-2.00%0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
1.80%
5.92%
VWESX
FAGIX

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VWESX vs. FAGIX - Expense Ratio Comparison

VWESX has a 0.22% expense ratio, which is lower than FAGIX's 0.67% expense ratio.


FAGIX
Fidelity Capital & Income Fund
Expense ratio chart for FAGIX: current value at 0.67% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.67%
Expense ratio chart for VWESX: current value at 0.22% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.22%

Risk-Adjusted Performance

VWESX vs. FAGIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Investment-Grade Fund Investor Shares (VWESX) and Fidelity Capital & Income Fund (FAGIX). 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.


VWESX
Sharpe ratio
The chart of Sharpe ratio for VWESX, currently valued at 0.79, compared to the broader market0.002.004.000.79
Sortino ratio
The chart of Sortino ratio for VWESX, currently valued at 1.18, compared to the broader market0.005.0010.001.18
Omega ratio
The chart of Omega ratio for VWESX, currently valued at 1.14, compared to the broader market1.002.003.004.001.14
Calmar ratio
The chart of Calmar ratio for VWESX, currently valued at 0.26, compared to the broader market0.005.0010.0015.0020.0025.000.26
Martin ratio
The chart of Martin ratio for VWESX, currently valued at 2.33, compared to the broader market0.0020.0040.0060.0080.00100.002.33
FAGIX
Sharpe ratio
The chart of Sharpe ratio for FAGIX, currently valued at 3.46, compared to the broader market0.002.004.003.46
Sortino ratio
The chart of Sortino ratio for FAGIX, currently valued at 5.30, compared to the broader market0.005.0010.005.30
Omega ratio
The chart of Omega ratio for FAGIX, currently valued at 1.77, compared to the broader market1.002.003.004.001.77
Calmar ratio
The chart of Calmar ratio for FAGIX, currently valued at 1.54, compared to the broader market0.005.0010.0015.0020.0025.001.54
Martin ratio
The chart of Martin ratio for FAGIX, currently valued at 24.28, compared to the broader market0.0020.0040.0060.0080.00100.0024.28

VWESX vs. FAGIX - Sharpe Ratio Comparison

The current VWESX Sharpe Ratio is 1.03, which is lower than the FAGIX Sharpe Ratio of 3.46. The chart below compares the historical Sharpe Ratios of VWESX and FAGIX, 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 Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
0.79
3.46
VWESX
FAGIX

Dividends

VWESX vs. FAGIX - Dividend Comparison

VWESX's dividend yield for the trailing twelve months is around 4.95%, less than FAGIX's 5.01% yield.


TTM20232022202120202019201820172016201520142013
VWESX
Vanguard Long-Term Investment-Grade Fund Investor Shares
4.95%4.55%4.44%3.12%3.17%3.68%4.32%3.99%4.35%4.53%4.36%5.03%
FAGIX
Fidelity Capital & Income Fund
5.01%5.29%4.85%3.41%3.78%4.25%5.27%4.01%4.12%5.00%8.04%5.47%

Drawdowns

VWESX vs. FAGIX - Drawdown Comparison

The maximum VWESX drawdown since its inception was -39.13%, roughly equal to the maximum FAGIX drawdown of -37.80%. Use the drawdown chart below to compare losses from any high point for VWESX and FAGIX. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-27.14%
-0.48%
VWESX
FAGIX

Volatility

VWESX vs. FAGIX - Volatility Comparison

Vanguard Long-Term Investment-Grade Fund Investor Shares (VWESX) has a higher volatility of 3.65% compared to Fidelity Capital & Income Fund (FAGIX) at 1.16%. This indicates that VWESX's price experiences larger fluctuations and is considered to be riskier than FAGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%2.50%3.00%3.50%4.00%JuneJulyAugustSeptemberOctoberNovember
3.65%
1.16%
VWESX
FAGIX