VGHAX Performance — Vanguard Health Care Fund, Admiral Shares
Data updated: 2026-09-28
VGHAX returned +3.44% year to date and +28.39% over one year to Jul 2026. Annualised returns are +6.76% over 3 years and +5.12% over 5 years. The fund trailed its Health Care Equity category average: $100 invested three years ago grew to $122, against $137 for the category, and to $128 over one year, against $137. Volatility over the past three years was 13.80% a year. In the 12 months to Jul 2026 the fund lost a net $2.9B, and assets reached $38.17B.
VGHAX Growth of $100
What $100 invested in Vanguard Health Care Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Health Care Equity category average over the same months.
| Period | VGHAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $128 | $137 |
| 3 years (Aug 2023 – Jul 2026) | $122 | $137 |
| 5 years (Aug 2021 – Jul 2026) | $128 | $121 |
| Since data start (Aug 2019 – Jul 2026) | $185 | $183 |
VGHAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +3.44% |
| 1 year | +28.39% |
| 3 years (annualised) | +6.76% |
| 5 years (annualised) | +5.12% |
VGHAX Annual Returns
Calendar-year total returns of Vanguard Health Care Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +3.44% |
| 2025 | +17.38% |
| 2024 | −1.55% |
| 2023 | +5.47% |
| 2022 | −1.01% |
| 2021 | +14.36% |
| 2020 | +12.66% |
| 2019 (Aug–Dec) | +14.82% |
VGHAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.0% | +3.1% | −6.0% | 0.0% | +1.4% | +6.2% | −1.0% | — | — | — | — | — |
| 2025 | +5.4% | −1.2% | −3.4% | −0.3% | −4.3% | +1.3% | −2.7% | +5.2% | +3.7% | +5.2% | +9.2% | −0.9% |
| 2024 | +0.7% | +2.7% | +1.6% | −2.9% | +3.2% | +2.8% | +2.9% | +5.2% | −4.3% | −5.5% | −0.6% | −6.7% |
| 2023 | −0.2% | −4.1% | +3.9% | +4.1% | −2.7% | +3.0% | 0.0% | −0.7% | −3.9% | −4.2% | +5.8% | +5.3% |
| 2022 | −7.4% | 0.0% | +4.6% | −4.5% | +0.1% | −1.1% | +3.9% | −4.7% | −2.3% | +7.7% | +5.9% | −1.9% |
| 2021 | +1.3% | −3.1% | +1.6% | +3.4% | +2.5% | +4.4% | +0.7% | +3.1% | −4.9% | +2.8% | −5.2% | +7.6% |
| 2020 | −1.8% | −5.4% | −4.2% | +11.4% | +5.8% | −1.5% | +3.7% | +1.9% | −1.5% | −4.8% | +7.3% | +2.5% |
| 2019 | — | — | — | — | — | — | — | −1.2% | −0.6% | +6.8% | +6.3% | +3.0% |
VGHAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 13.80%
- 3-year Sharpe ratio: 0.16 (vs 4.5% risk-free rate)
- Best month: +9.24% (Nov 2025)
- Worst month: −6.66% (Dec 2024)
VGHAX Fund Flows
Monthly money in and out of Vanguard Health Care Fund, from SEC Form N-PORT.
- 12-month net flow: −$2.9B
- 12-month gross sales (incl. reinvestments): $3.2B
- Sales ÷ redemptions: 0.53×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $47.0M | $359.5M | −$312.6M |
| Jun 2026 | $45.1M | $435.1M | −$389.9M |
| May 2026 | $213.4M | $611.8M | −$398.3M |
| Apr 2026 | $32.5M | $421.3M | −$388.9M |
| Mar 2026 | $1.4B | $405.1M | $950.9M |
| Feb 2026 | $38.3M | $326.8M | −$288.6M |
| Jan 2026 | $63.7M | $434.5M | −$370.8M |
| Dec 2025 | $955.2M | $524.6M | $430.5M |
| Nov 2025 | $289.8M | $649.4M | −$359.6M |
| Oct 2025 | $54.1M | $558.8M | −$504.7M |
| Sep 2025 | $42.6M | $636.3M | −$593.6M |
| Aug 2025 | $37.0M | $667.4M | −$630.4M |
VGHAX Assets Under Management
Net assets of Vanguard Health Care Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $38.17B |
| 2026-04-30 | $36.86B |
| 2026-01-31 | $39.27B |
| 2025-10-31 | $37.49B |
| 2025-07-31 | $34.33B |
| 2025-04-30 | $38.23B |
| 2025-01-31 | $41.93B |
| 2024-10-31 | $45.71B |
| 2024-07-31 | $48.84B |
| 2024-04-30 | $45.72B |
| 2024-01-31 | $46.31B |
| 2023-10-31 | $42.78B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.