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VWIUX vs. VOHIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VWIUX vs. VOHIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares (VWIUX) and Vanguard Ohio Long-Term Tax-Exempt Fund (VOHIX). The values are adjusted to include any dividend payments, if applicable.

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VWIUX vs. VOHIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VWIUX
Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares
-0.69%5.99%2.34%5.90%-6.83%0.81%5.23%7.10%1.34%4.65%
VOHIX
Vanguard Ohio Long-Term Tax-Exempt Fund
-0.86%5.07%2.76%7.03%-11.01%1.72%7.04%8.34%0.96%6.33%

Returns By Period

In the year-to-date period, VWIUX achieves a -0.69% return, which is significantly higher than VOHIX's -0.86% return. Over the past 10 years, VWIUX has underperformed VOHIX with an annualized return of 2.36%, while VOHIX has yielded a comparatively higher 2.49% annualized return.


VWIUX

1D
0.15%
1M
-2.85%
YTD
-0.69%
6M
0.95%
1Y
4.63%
3Y*
3.66%
5Y*
1.53%
10Y*
2.36%

VOHIX

1D
0.26%
1M
-2.95%
YTD
-0.86%
6M
0.99%
1Y
4.27%
3Y*
3.62%
5Y*
0.92%
10Y*
2.49%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VWIUX vs. VOHIX - Expense Ratio Comparison

VWIUX has a 0.09% expense ratio, which is lower than VOHIX's 0.13% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Return for Risk

VWIUX vs. VOHIX — Risk / Return Rank

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

VWIUX
VWIUX Risk / Return Rank: 7474
Overall Rank
VWIUX Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
VWIUX Sortino Ratio Rank: 7777
Sortino Ratio Rank
VWIUX Omega Ratio Rank: 9090
Omega Ratio Rank
VWIUX Calmar Ratio Rank: 6565
Calmar Ratio Rank
VWIUX Martin Ratio Rank: 6060
Martin Ratio Rank

VOHIX
VOHIX Risk / Return Rank: 4545
Overall Rank
VOHIX Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
VOHIX Sortino Ratio Rank: 4242
Sortino Ratio Rank
VOHIX Omega Ratio Rank: 6868
Omega Ratio Rank
VOHIX Calmar Ratio Rank: 3939
Calmar Ratio Rank
VOHIX Martin Ratio Rank: 3030
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VWIUX vs. VOHIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares (VWIUX) and Vanguard Ohio Long-Term Tax-Exempt Fund (VOHIX). 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.


VWIUXVOHIXDifference

Sharpe ratio

Return per unit of total volatility

1.39

0.92

+0.47

Sortino ratio

Return per unit of downside risk

1.88

1.26

+0.62

Omega ratio

Gain probability vs. loss probability

1.40

1.25

+0.15

Calmar ratio

Return relative to maximum drawdown

1.48

1.02

+0.45

Martin ratio

Return relative to average drawdown

5.75

3.27

+2.48

VWIUX vs. VOHIX - Sharpe Ratio Comparison

The current VWIUX Sharpe Ratio is 1.39, which is higher than the VOHIX Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of VWIUX and VOHIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


VWIUXVOHIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.39

0.92

+0.47

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.48

0.20

+0.28

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.69

0.54

+0.15

Sharpe Ratio (All Time)

Calculated using the full available price history

1.11

1.26

-0.15

Correlation

The correlation between VWIUX and VOHIX is 0.91, 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.


Dividends

VWIUX vs. VOHIX - Dividend Comparison

VWIUX's dividend yield for the trailing twelve months is around 3.33%, less than VOHIX's 3.64% yield.


TTM20252024202320222021202020192018201720162015
VWIUX
Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares
3.33%4.06%3.63%2.78%2.51%1.89%2.40%2.88%2.89%2.82%2.91%2.96%
VOHIX
Vanguard Ohio Long-Term Tax-Exempt Fund
3.64%4.43%3.92%3.05%2.73%2.78%3.39%3.93%3.51%3.70%3.75%3.84%

Drawdowns

VWIUX vs. VOHIX - Drawdown Comparison

The maximum VWIUX drawdown since its inception was -11.38%, smaller than the maximum VOHIX drawdown of -16.81%. Use the drawdown chart below to compare losses from any high point for VWIUX and VOHIX.


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Drawdown Indicators


VWIUXVOHIXDifference

Max Drawdown

Largest peak-to-trough decline

-11.38%

-16.81%

+5.43%

Max Drawdown (1Y)

Largest decline over 1 year

-3.89%

-5.42%

+1.53%

Max Drawdown (5Y)

Largest decline over 5 years

-11.38%

-16.81%

+5.43%

Max Drawdown (10Y)

Largest decline over 10 years

-11.38%

-16.81%

+5.43%

Current Drawdown

Current decline from peak

-2.85%

-2.95%

+0.10%

Average Drawdown

Average peak-to-trough decline

-1.44%

-1.89%

+0.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.00%

1.69%

-0.69%

Volatility

VWIUX vs. VOHIX - Volatility Comparison

The current volatility for Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares (VWIUX) is 0.96%, while Vanguard Ohio Long-Term Tax-Exempt Fund (VOHIX) has a volatility of 1.25%. This indicates that VWIUX experiences smaller price fluctuations and is considered to be less risky than VOHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VWIUXVOHIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.96%

1.25%

-0.29%

Volatility (6M)

Calculated over the trailing 6-month period

1.57%

1.92%

-0.35%

Volatility (1Y)

Calculated over the trailing 1-year period

3.93%

5.56%

-1.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.23%

4.70%

-1.47%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.42%

4.61%

-1.19%