VANGUARD GLOBAL Information Ratio
| VMVFX Fund | | | USD 16.67 -0.02 -0.12% |
The Information Ratio measures excess return (alpha) per unit of tracking error relative to a benchmark. Unlike the Sharpe Ratio, which uses total volatility, the Information Ratio isolates only the variability of the alpha component — the return attributable to active decisions rather than passive market exposure. Below is VANGUARD GLOBAL's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
At 0.0383, VANGUARD GLOBAL exhibits positive but modest excess return per unit of tracking risk in Information Ratio. VANGUARD GLOBAL has outperformed its benchmark, though the margin is limited relative to the tracking error incurred.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | 0.0383 | |
Information Ratio Peers Comparison
The peer group averages 0.09 for Information Ratio, with VANGUARD GLOBAL at 0.0383 falling below that level. Readings span 0.0019 (iShares MSCI Germany) to 0.1409 (WisdomTree Emerging Markets). VANGUARD GLOBAL's risk-adjusted return trails the peer average, indicating less efficient compensation for the risk incurred.
Information Ratio Relative To Other Indicators
The chart below plots Information Ratio against Maximum Drawdown for Vanguard Global and its peers. Each point represents one equity — position along the horizontal axis shows Information Ratio while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
VANGUARD GLOBAL's Maximum Drawdown of
2.18 runs about
56.86 times its Information Ratio of
0.04 . This indicates Maximum Drawdown substantially exceeds Information Ratio for VANGUARD GLOBAL.
Methodology, Assumptions & Data Sources
VANGUARD GLOBAL's Information Ratio currently stands at 0.0383. VANGUARD GLOBAL's Information Ratio is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. The output reflects the selected calculation window — changing the horizon will produce different readings. This fund metric is provided for analytical reference.
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