PortfoliosLab logo
VWINX vs. VTMFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VWINX and VTMFX is 0.72, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

VWINX vs. VTMFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Wellesley Income Fund Investor Shares (VWINX) and Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX). The values are adjusted to include any dividend payments, if applicable.

700.00%720.00%740.00%760.00%780.00%800.00%NovemberDecember2025FebruaryMarchApril
733.84%
740.71%
VWINX
VTMFX

Key characteristics

Sharpe Ratio

VWINX:

1.07

VTMFX:

0.56

Sortino Ratio

VWINX:

1.50

VTMFX:

0.83

Omega Ratio

VWINX:

1.21

VTMFX:

1.12

Calmar Ratio

VWINX:

1.36

VTMFX:

0.48

Martin Ratio

VWINX:

5.09

VTMFX:

2.06

Ulcer Index

VWINX:

1.45%

VTMFX:

2.49%

Daily Std Dev

VWINX:

6.92%

VTMFX:

9.07%

Max Drawdown

VWINX:

-21.72%

VTMFX:

-28.49%

Current Drawdown

VWINX:

-3.02%

VTMFX:

-7.19%

Returns By Period

In the year-to-date period, VWINX achieves a 0.50% return, which is significantly higher than VTMFX's -4.72% return. Over the past 10 years, VWINX has underperformed VTMFX with an annualized return of 4.99%, while VTMFX has yielded a comparatively higher 6.73% annualized return.


VWINX

YTD

0.50%

1M

-2.34%

6M

-0.92%

1Y

6.61%

5Y*

4.57%

10Y*

4.99%

VTMFX

YTD

-4.72%

1M

-4.09%

6M

-3.62%

1Y

4.04%

5Y*

8.08%

10Y*

6.73%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VWINX vs. VTMFX - Expense Ratio Comparison

VWINX has a 0.23% expense ratio, which is higher than VTMFX'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%.


Expense ratio chart for VWINX: current value is 0.23%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VWINX: 0.23%
Expense ratio chart for VTMFX: current value is 0.09%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VTMFX: 0.09%

Risk-Adjusted Performance

VWINX vs. VTMFX — Risk-Adjusted Performance Rank

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

VWINX
The Risk-Adjusted Performance Rank of VWINX is 8383
Overall Rank
The Sharpe Ratio Rank of VWINX is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of VWINX is 8080
Sortino Ratio Rank
The Omega Ratio Rank of VWINX is 8181
Omega Ratio Rank
The Calmar Ratio Rank of VWINX is 9090
Calmar Ratio Rank
The Martin Ratio Rank of VWINX is 8686
Martin Ratio Rank

VTMFX
The Risk-Adjusted Performance Rank of VTMFX is 6565
Overall Rank
The Sharpe Ratio Rank of VTMFX is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of VTMFX is 6363
Sortino Ratio Rank
The Omega Ratio Rank of VTMFX is 6363
Omega Ratio Rank
The Calmar Ratio Rank of VTMFX is 6969
Calmar Ratio Rank
The Martin Ratio Rank of VTMFX is 6464
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VWINX vs. VTMFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Wellesley Income Fund Investor Shares (VWINX) and Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX). 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.


The chart of Sharpe ratio for VWINX, currently valued at 1.07, compared to the broader market-1.000.001.002.003.00
VWINX: 1.07
VTMFX: 0.56
The chart of Sortino ratio for VWINX, currently valued at 1.50, compared to the broader market-2.000.002.004.006.008.00
VWINX: 1.50
VTMFX: 0.83
The chart of Omega ratio for VWINX, currently valued at 1.21, compared to the broader market0.501.001.502.002.503.00
VWINX: 1.21
VTMFX: 1.12
The chart of Calmar ratio for VWINX, currently valued at 1.36, compared to the broader market0.002.004.006.008.0010.00
VWINX: 1.36
VTMFX: 0.48
The chart of Martin ratio for VWINX, currently valued at 5.09, compared to the broader market0.0010.0020.0030.0040.0050.00
VWINX: 5.09
VTMFX: 2.06

The current VWINX Sharpe Ratio is 1.07, which is higher than the VTMFX Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of VWINX and VTMFX, 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 Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
1.07
0.56
VWINX
VTMFX

Dividends

VWINX vs. VTMFX - Dividend Comparison

VWINX's dividend yield for the trailing twelve months is around 6.72%, more than VTMFX's 2.29% yield.


TTM20242023202220212020201920182017201620152014
VWINX
Vanguard Wellesley Income Fund Investor Shares
6.72%6.61%4.73%7.67%6.03%4.30%3.94%7.56%4.00%4.00%5.60%4.92%
VTMFX
Vanguard Tax-Managed Balanced Fund Admiral Shares
2.29%2.08%1.94%1.85%1.38%1.73%2.06%2.22%2.00%2.13%2.06%2.00%

Drawdowns

VWINX vs. VTMFX - Drawdown Comparison

The maximum VWINX drawdown since its inception was -21.72%, smaller than the maximum VTMFX drawdown of -28.49%. Use the drawdown chart below to compare losses from any high point for VWINX and VTMFX. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-3.02%
-7.19%
VWINX
VTMFX

Volatility

VWINX vs. VTMFX - Volatility Comparison

The current volatility for Vanguard Wellesley Income Fund Investor Shares (VWINX) is 4.39%, while Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX) has a volatility of 6.08%. This indicates that VWINX experiences smaller price fluctuations and is considered to be less risky than VTMFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%NovemberDecember2025FebruaryMarchApril
4.39%
6.08%
VWINX
VTMFX