VWETX vs. HYD
Compare and contrast key facts about Vanguard Long-Term Investment-Grade Fund Admiral Shares (VWETX) and VanEck Vectors High-Yield Municipal Index ETF (HYD).
VWETX is managed by Vanguard. It was launched on Feb 12, 2001. HYD is a passively managed fund by VanEck that tracks the performance of the Bloomberg Barclays Municipal Custom High Yield Composite Index. It was launched on Feb 4, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VWETX or HYD.
Correlation
The correlation between VWETX and HYD is -0.80. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
VWETX vs. HYD - Performance Comparison
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Key characteristics
VWETX:
7.17%
HYD:
5.76%
VWETX:
-0.67%
HYD:
-0.48%
VWETX:
-0.54%
HYD:
-0.48%
Returns By Period
VWETX
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HYD
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VWETX vs. HYD - Expense Ratio Comparison
VWETX has a 0.12% expense ratio, which is lower than HYD's 0.35% expense ratio.
Risk-Adjusted Performance
VWETX vs. HYD — Risk-Adjusted Performance Rank
VWETX
HYD
VWETX vs. HYD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Investment-Grade Fund Admiral Shares (VWETX) and VanEck Vectors High-Yield Municipal Index ETF (HYD). 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.
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Dividends
VWETX vs. HYD - Dividend Comparison
VWETX's dividend yield for the trailing twelve months is around 4.74%, more than HYD's 4.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VWETX Vanguard Long-Term Investment-Grade Fund Admiral Shares | 4.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYD VanEck Vectors High-Yield Municipal Index ETF | 4.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VWETX vs. HYD - Drawdown Comparison
The maximum VWETX drawdown since its inception was -0.67%, which is greater than HYD's maximum drawdown of -0.48%. Use the drawdown chart below to compare losses from any high point for VWETX and HYD. For additional features, visit the drawdowns tool.
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Volatility
VWETX vs. HYD - Volatility Comparison
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