Nasdaq
USD
Vanguard Market Neutral I (VMNIX)
16.85
-0.02
(-0.12%)
As of 8:10:27 AM EST. Market Open.
Fund Summary
The fund employs an active management approach, following a market neutral strategy, which the managers define as a strategy designed to produce a portfolio that is neutral with respect to general stock market risk (sometimes referred to as beta neutrality). Beta is a measure of a portfolio's volatility relative to the volatility of the general stock market. The fund, as a whole, does not seek to adhere to any other definition of market neutrality.
Risk Overview
| Morningstar Risk Rating | |
| Best 1Y Total Return | 23.39% |
|---|---|
| Worst 1Y Total Return | -- |
| Number of Years Up | 18 |
| Number of Years Down | 9 |
Performance & Risk
| YTD Return | 21.21% |
| 5y Average Return | 14.40% |
| Rank in Category (ytd) | 1 |
| % Rank in Category (ytd) | -- |
| Beta (5Y Monthly) | 0.02 |
| Morningstar Risk Rating |
Risk Statistics
| 3 Years | 5 Years | 10 Years | ||||
|---|---|---|---|---|---|---|
| |
VMNIX | Category Average | VMNIX | Category Average | VMNIX | Category Average |
|
Alpha
|
7.06 | -- | 10.12 | -- | 3.78 | -- |
|
BETA
|
0.02 | -- | -0.09 | -- | -0.04 | -- |
|
Mean Annual Return
|
0.99 | -- | 1.11 | -- | 0.49 | -- |
|
R-squared
|
0.09 | -- | 3.51 | -- | 0.74 | -- |
|
Standard Deviation
|
6.22 | -- | 7 | -- | 6.84 | -- |
|
Sharpe Ratio
|
1.17 | -- | 1.32 | -- | 0.5 | -- |
|
Treynor Ratio
|
494.76 | -- | -110.36 | -- | -81.92 | -- |
