Vanguard High Competition

VWEHX Fund

USD 5.56 0.01 0.18%

Vanguard High Yield competes with Bridge Builder, Fidelity Freedom, Fidelity Freedom, Vanguard Capital, and T Rowe; as well as few others. The fund is listed under High Yield Bond category and is part of Vanguard family. Analyzing Vanguard High competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Vanguard High to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Vanguard High Correlation with its peers.

Vanguard High vs Vanguard Tax-managed Correlation

Very poor diversification

The correlation between Vanguard High Yield Porate and VTCLX is 0.85 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard High Yield Porate and VTCLX in the same portfolio, assuming nothing else is changed.

Moving together with Vanguard Mutual Fund

0.9	VMIAX	Vanguard Materials Index	Pair Corr
0.88	VMLUX	Vanguard Limited Term	Pair Corr
0.88	VMLTX	Vanguard Limited Term	Pair Corr
0.85	VMNVX	Vanguard Global Minimum	Pair Corr
0.78	VMMSX	Vanguard Emerging Markets	Pair Corr

Moving against Vanguard Mutual Fund

0.38	VMNIX	Vanguard Market Neutral	Pair Corr
0.37	VMNFX	Vanguard Market Neutral	Pair Corr

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Hype

Prediction

Low	Estimated	High
5.00	6.07	6.23

Details

Intrinsic

Valuation

Low	Real	High
5.00	5.16	6.12

Details

Naive

Forecast

Low	Next	High
5.38	5.54	5.70

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
5.54	5.56	5.58

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Vanguard High. Your research has to be compared to or analyzed against Vanguard High's peers to derive any actionable benefits. When done correctly, Vanguard High's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Vanguard High Yield.

Vanguard High Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Vanguard High and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Vanguard and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Vanguard High Yield does not affect the price movement of the other competitor.

	BBVLX	FFEGX	FFOPX	VHCAX	TRRDX	VAIPX	VIPSX	JVMRX	VTCLX
BBVLX		0.89	0.9	0.98	0.98	-0.12	-0.19	0.99	0.81	BBVLX
FFEGX	0.89		1.0	0.89	0.96	0.15	0.07	0.9	0.95	FFEGX
FFOPX	0.9	1.0		0.9	0.96	0.1	0.02	0.91	0.95	FFOPX
VHCAX	0.98	0.89	0.9		0.97	-0.11	-0.19	0.98	0.79	VHCAX
TRRDX	0.98	0.96	0.96	0.97		-0.01	-0.09	0.99	0.88	TRRDX
VAIPX	-0.12	0.15	0.1	-0.11	-0.01		0.99	-0.09	0.1	VAIPX
VIPSX	-0.19	0.07	0.02	-0.19	-0.09	0.99		-0.16	0.02	VIPSX
JVMRX	0.99	0.9	0.91	0.98	0.99	-0.09	-0.16		0.82	JVMRX
VTCLX	0.81	0.95	0.95	0.79	0.88	0.1	0.02	0.82		VTCLX
	BBVLX	FFEGX	FFOPX	VHCAX	TRRDX	VAIPX	VIPSX	JVMRX	VTCLX

High positive correlations

FFOPX	+ 1.0	FFEGX
JVMRX	+ 0.99	BBVLX
JVMRX	+ 0.99	TRRDX
VIPSX	+ 0.99	VAIPX
VHCAX	+ 0.98	BBVLX
TRRDX	+ 0.98	BBVLX

High negative correlations

VIPSX	- 0.19	VHCAX
VIPSX	- 0.19	BBVLX
JVMRX	- 0.16	VIPSX
VAIPX	- 0.12	BBVLX
VAIPX	- 0.11	VHCAX
JVMRX	- 0.09	VAIPX

Risk-Adjusted Indicators

There is a big difference between Vanguard Mutual Fund performing well and Vanguard High Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Vanguard High's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
BBVLX	0.71	0.17	0.27	0.24	0.28	(0.89)	1.35	(1.02)	11.26
FFEGX	0.33	0.00	(0.05)	0.04	0.43	(0.33)	0.68	(0.75)	1.94
FFOPX	0.48	0.01	0.00	0.06	0.64	(0.47)	0.96	(1.14)	2.77
VHCAX	0.88	0.26	0.23	0.35	0.62	(0.94)	1.76	(1.58)	10.23
TRRDX	0.50	0.07	0.08	0.15	0.50	(0.54)	1.03	(0.97)	4.92
VAIPX	0.14	(0.02)	0.00	(0.39)	0.00	0.00	0.26	(0.26)	0.57
VIPSX	0.14	(0.02)	0.00	(0.47)	0.00	0.00	0.26	(0.26)	0.68
JVMRX	0.78	0.16	0.21	0.21	0.46	(0.98)	1.86	(1.24)	10.90
VTCLX	0.54	(0.02)	(0.04)	0.02	0.76	(0.56)	1.03	(1.18)	3.56

Vanguard High Competitive Analysis

The better you understand Vanguard High competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Vanguard High's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Vanguard High's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	VWEHX	BBVLX	FFEGX	FFOPX	VHCAX	TRRDX	VAIPX	VIPSX	JVMRX	VTCLX
	0.18 5.56 Vanguard	0.72 18.18 Bridge	0.26 23.10 Fidelity	0.44 31.94 Fidelity	0.97 230.11 VANGUARD	0.39 35.64 TRRDX	0.17 23.02 Vanguard	0.26 11.72 Vanguard	0.59 28.80 John	0.54 358.69 Vanguard
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Good	Good	Fair	Fair	Solid	Good	Weak	Weak	Good	Mild
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Under Valued	Fairly Valued	Fairly Valued	Under Valued	Under Valued	Fairly Valued	Fairly Valued	Under Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Buy	Hold	Strong Hold	Strong Buy	Strong Buy	Cautious Hold	Cautious Hold	Strong Buy	Strong Hold
Net Asset	25.77 B	8.15 B	25.78 B	26.01 B	18.44 B	26.07 B	28.11 B	27.59 B	14.76 B	10.15 B
Price To Book	N/A	N/A	2.07	N/A	3.13	2.13	N/A	N/A	2.0	2.75
Five Year Return	4.17	12.21	6.2	9.58	13.01	0.0639	1.03	0.94	12.44	13.85
One Year Return	8.35	11.98	15.75	20.94	28.59	0.0537	6.62	6.2	11.73	15.92
Last Dividend Paid	N/A	0.07	0.02	N/A	N/A	0.07	N/A	N/A	N/A	N/A
Price To Earning	N/A	N/A	17.92	N/A	18.43	18.77	N/A	N/A	17.57	18.74
Price To Sales	N/A	N/A	1.46	N/A	1.88	1.57	N/A	N/A	1.33	1.85
Cash Position Weight	1.85	1.44	0.36	0.08	4.12	9.05	0.13	0.13	2.84	0.25
Equity Positions Weight	N/A	98.43	61.65	90.03	95.88	84.96	N/A	N/A	97.16	99.75
Three Year Return	7.91	13.33	12.1	16.92	20.99	0.0762	3.53	3.32	12.0	20.83
Annual Yield	0.0615	0.0174	0.0259	0.0196	0.0051	0.0154	0.0474	0.0464	0.0085	0.0093
Year To Date Return	0.27	2.45	2.17	3.14	6.15	-0.0661	0.26	0.51	4.73	2.15
Bond Positions Weight	14.96	N/A	6.65	1.25	N/A	2.15	N/A	N/A	N/A	N/A
Ten Year Return	6.51	N/A	8.29	8.87	13.72	9.79	3.45	3.34	11.09	13.19
Day Typical Price	5.56	18.18	23.1	31.94	230.11	35.64	23.02	11.72	28.8	358.69
Daily Balance Of Power	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	0	0	9.2 T	9.2 T
Period Momentum Indicator	0.01	0.13	0.06	0.14	2.22	0.14	(0.04)	(0.03)	0.17	1.93
Rate Of Daily Change	1.0	1.01	1.0	1.0	1.01	1.0	1.0	1.0	1.01	1.01
Day Median Price	5.56	18.18	23.1	31.94	230.11	35.64	23.02	11.72	28.8	358.69
Price Action Indicator	0.005	0.065	0.03	0.07	1.11	0.07	(0.02)	(0.01)	0.085	0.97
Relative Strength Index	60.34	67.5	59.39	59.92	66.64	63.79	50.41	49.51	64.73	55.59
Coefficient Of Variation	858.35	606.65	1434.54	1171.76	472.19	648.65	(1,767)	(1,747)	642.82	2660.41
Mean Deviation	0.1068	0.7066	0.3277	0.4831	0.8833	0.4955	0.1379	0.1434	0.7811	0.5439
Jensen Alpha	0.0053	0.1747	(0.001)	0.0128	0.2552	0.0703	(0.02)	(0.02)	0.162	(0.02)
Total Risk Alpha	(0)	0.1307	(0.01)	0.0044	0.2038	0.0563	(0.03)	(0.03)	0.1204	(0.03)
Sortino Ratio	(0.19)	0.2655	(0.05)	(0)	0.2324	0.0828	N/A	N/A	0.2109	(0.04)
Downside Variance	0.0354	0.4137	0.2645	0.5325	1.13	0.4522	N/A	N/A	0.5907	0.6478
Standard Deviation	0.166	1.37	0.4312	0.6279	1.43	0.7228	0.1713	0.1773	1.4	0.7223
Kurtosis	5.15	36.28	0.2339	0.0183	17.2	6.78	0.1075	(0.38)	26.77	0.5635
Potential Upside	0.1835	1.35	0.6849	0.9612	1.76	1.03	0.2606	0.2568	1.86	1.03
Treynor Ratio	0.1059	0.2372	0.0436	0.0649	0.3536	0.149	(0.39)	(0.47)	0.2073	0.0222
Maximum Drawdown	0.9094	11.26	1.94	2.77	10.23	4.92	0.5663	0.6838	10.9	3.56
Variance	0.0275	1.89	0.1859	0.3943	2.05	0.5225	0.0294	0.0314	1.96	0.5217
Market Risk Adjusted Performance	0.1159	0.2472	0.0536	0.0749	0.3636	0.159	(0.38)	(0.46)	0.2173	0.0322
Risk Adjusted Performance	0.0512	0.1255	0.0441	0.0609	0.1601	0.1129	(0.07)	(0.07)	0.1188	0.0274
Skewness	1.66	5.24	(0.55)	(0.56)	2.94	1.31	(0.35)	(0.14)	4.25	(0.55)
Semi Deviation	0.0	0.2825	0.4334	0.6354	0.619	0.4971	N/A	N/A	0.4567	0.7602
Information Ratio	(0.22)	0.1243	(0.06)	(0)	0.1728	0.077	(0.38)	(0.37)	0.1158	(0.04)
Value At Risk	(0.18)	(1.02)	(0.75)	(1.14)	(1.58)	(0.97)	(0.26)	(0.26)	(1.24)	(1.18)
Expected Short fall	(0.25)	(0.89)	(0.33)	(0.47)	(0.94)	(0.54)	N/A	N/A	(0.98)	(0.56)
Downside Deviation	0.1883	0.6432	0.5143	0.7298	1.06	0.6725	N/A	N/A	0.7685	0.8048
Semi Variance	(0.01)	0.0798	0.1878	0.4037	0.3831	0.2471	N/A	N/A	0.2086	0.578

Vanguard High Competition Performance Charts

Five steps to successful analysis of Vanguard High Competition

Vanguard High's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Vanguard High Yield in relation to its competition. Vanguard High's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Vanguard High in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Vanguard High's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Vanguard High Yield, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Vanguard High position

In addition to having Vanguard High in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Funds or Etfs investing in commodities such as oil, gold, corn, soy, and agricultural goods. The Commodities Funds theme has 40 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Commodities Funds Theme or any other thematic opportunities.

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Vanguard High financial ratios help investors to determine whether Vanguard Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Vanguard with respect to the benefits of owning Vanguard High security.

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Vanguard High Competition

Vanguard High vs Vanguard Tax-managed Correlation

Very poor diversification

Moving together with Vanguard Mutual Fund

Moving against Vanguard Mutual Fund

Specify up to 10 symbols:

Vanguard High Competition Correlation Matrix

High positive correlations

High negative correlations

Risk-Adjusted Indicators

Vanguard High Competitive Analysis

Vanguard High Competition Performance Charts

Five steps to successful analysis of Vanguard High Competition

Complement your Vanguard High position

Did You Try This Idea?

Run Commodities Funds Thematic Idea Now

Commodities Funds

Other Information on Investing in Vanguard Mutual Fund

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