VGHAX vs VIITX
Vanguard Health Care Fund Admiral Shares vs Vanguard Institutional Intermediate Term Bond Fund Institutional Plus Class
Which is better, VGHAX or VIITX?
Large Cap Growth against Intermediate Term Bond.
VIITX has a lower expense ratio.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | VGHAX | VIITX |
|---|---|---|
| Expense Ratio | 0.27% | 0.02%Best |
| AUM | $32.8B | - |
| Dividend Yield | 6.15% | 4.60% |
| Holdings | 109 | 2,599 |
| YTD Price Return | +1.44% | -2.73% |
| 1Y Price Return | +13.44% | -2.90% |
| 3Y Price Return (annualized) | -0.44% | +0.37% |
| 5Y Price Return (annualized) | -2.56% | -2.47% |
| Volatility (annualized) | 15.3% | 4.2%Best |
| Max Drawdown | -32.7% | -15.0%Best |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Fixed Income |
| Style | Large Cap Growth | Intermediate Term Bond |
| Inception | Nov 12, 2001 | Dec 1, 1997 |
Not shown on this pair: $10,000 over 5 years, Top 10 Weight.
A price return is not the return of a fund that pays its income out. The coupon or distribution never appears in the price, so the return rows carry no winner here. VGHAX currently yields 6.15% and VIITX 4.60%.
Volatility and max drawdown are measured over the window both funds cover: Sep 13, 2021 to Sep 9, 2026 (5 years).
VGHAX vs VIITX Performance
Vanguard Health Care Fund Admiral Shares (VGHAX) is a mutual fund from Vanguard (US) and Vanguard Institutional Intermediate Term Bond Fund Institutional Plus Class (VIITX) is a mutual fund from Vanguard (US). Over the past year VGHAX's price moved +13.44% and VIITX's -2.90%, before the income each one paid out.
Over three years, VGHAX compounded at -0.44% per year against +0.37% for VIITX; over five years the annualized figures are -2.56% and -2.47% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VGHAX has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 4.2% for VIITX. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -32.7% for VGHAX and -15.0% for VIITX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.51. They move together some of the time, and apart the rest.
Fees and Cost Over Time
VGHAX charges 0.27% per year while VIITX charges 0.02%. On a $10,000 position that is $27 vs $2 annually, a gap of $25 per year that compounds over a long holding period. On income, VGHAX currently yields 6.15% against 4.60% for VIITX.
Holdings Overlap
At least 1.4% of VGHAX's money is in holdings VIITX also owns.
Stated as a floor: for VIITX, our book for it covers 52.5% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VGHAX and VIITX share little of their money.
1 positions in common, counted across the 86 positions we hold weights for in VGHAX and 1,285 in VIITX, against full books of 109 and 2,599.
Top Shared Holdings
| Stock | Weight in VGHAX | Weight in VIITX | Difference |
|---|---|---|---|
| CAHCardinal Health Inc. | 1.38% | 0.05% | 1.33% |
You are not choosing between two funds in isolation.
Whichever of VGHAX and VIITX you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, VGHAX or VIITX?
VGHAX has an expense ratio of 0.27% while VIITX charges 0.02%. VIITX is the cheaper option, by $25 a year on a $10,000 investment.
Which is riskier, VGHAX or VIITX?
VGHAX has been the more volatile fund at 15.3% annualized versus 4.2% for VIITX. Worst drawdown: VGHAX -32.7% vs VIITX -15.0%.
Should I hold both VGHAX and VIITX?
VGHAX and VIITX have a monthly-return correlation of 0.51, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between VGHAX and VIITX?
At least 1.4% of VGHAX's money is in holdings VIITX also owns. Our book for VIITX is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 86 positions we hold weights for in VGHAX and 1,285 in VIITX.
Which pays a higher dividend, VGHAX or VIITX?
VGHAX yields 6.15% while VIITX yields 4.60%, so VGHAX currently pays the higher dividend yield.
Is VIITX better than VGHAX?
VIITX has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.