VHCAX Performance — Vanguard Capital Opportunity Fund, Admiral Shares
Data updated: 2026-08-28
VHCAX returned +30.56% year to date and +56.06% over one year to Jun 2026. Annualised returns are +27.35% over 3 years and +14.84% over 5 years. The fund beat its US Large Growth category average: $100 invested three years ago grew to $207, against $175 for the category, and to $156 over one year, against $117. Volatility over the past three years was 16.07% a year. In the 12 months to Jun 2026 the fund took in a net $299.8M, and assets reached $32.70B.
VHCAX Growth of $100
What $100 invested in Vanguard Capital Opportunity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Growth category average over the same months.
| Period | VHCAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $156 | $117 |
| 3 years (Jul 2023 – Jun 2026) | $207 | $175 |
| 5 years (Jul 2021 – Jun 2026) | $200 | $166 |
| Since data start (Jul 2019 – Jun 2026) | $325 | $271 |
VHCAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +30.56% |
| 1 year | +56.06% |
| 3 years (annualised) | +27.35% |
| 5 years (annualised) | +14.84% |
VHCAX Annual Returns
Calendar-year total returns of Vanguard Capital Opportunity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +30.56% |
| 2025 | +26.00% |
| 2024 | +14.34% |
| 2023 | +25.61% |
| 2022 | −17.47% |
| 2021 | +21.11% |
| 2020 | +22.89% |
| 2019 (Jul–Dec) | +11.97% |
VHCAX 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 | +5.1% | −0.6% | −7.3% | +12.6% | +13.6% | +5.4% | — | — | — | — | — | — |
| 2025 | +5.1% | −1.5% | −6.7% | −1.6% | +5.0% | +5.5% | +1.3% | +3.6% | +5.3% | +4.5% | +1.7% | +1.6% |
| 2024 | −0.2% | +5.4% | +3.7% | −3.9% | +4.3% | +2.8% | −1.3% | +2.4% | +0.8% | −1.6% | +4.4% | −2.8% |
| 2023 | +8.1% | −3.9% | +3.0% | −0.6% | +1.3% | +6.1% | +3.6% | +0.7% | −3.7% | −4.4% | +8.1% | +5.8% |
| 2022 | −6.5% | −2.7% | +2.8% | −8.5% | +1.4% | −7.3% | +7.1% | −4.6% | −7.9% | +7.2% | +7.2% | −5.2% |
| 2021 | +3.2% | +3.8% | +1.6% | +3.2% | +1.3% | +4.0% | +0.3% | +2.2% | −4.9% | +5.6% | −1.8% | +1.4% |
| 2020 | −1.9% | −6.5% | −13.6% | +10.6% | +5.2% | +5.0% | +3.8% | +6.3% | −1.8% | −1.6% | +13.7% | +4.6% |
| 2019 | — | — | — | — | — | — | +1.9% | −3.9% | +1.2% | +4.5% | +5.2% | +2.7% |
VHCAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 16.07%
- 3-year Sharpe ratio: 1.42 (vs 4.5% risk-free rate)
- Best month: +13.56% (May 2026)
- Worst month: −7.28% (Mar 2026)
VHCAX Fund Flows
Monthly money in and out of Vanguard Capital Opportunity Fund, from SEC Form N-PORT.
- 12-month net flow: $299.8M
- 12-month gross sales (incl. reinvestments): $3.3B
- Sales ÷ redemptions: 1.10×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $105.6M | $258.3M | −$152.7M |
| May 2026 | $190.7M | $358.1M | −$167.3M |
| Apr 2026 | $77.4M | $184.9M | −$107.5M |
| Mar 2026 | $87.4M | $177.9M | −$90.5M |
| Feb 2026 | $84.5M | $213.0M | −$128.5M |
| Jan 2026 | $141.3M | $252.7M | −$111.5M |
| Dec 2025 | $2.1B | $271.7M | $1.8B |
| Nov 2025 | $259.4M | $385.9M | −$126.5M |
| Oct 2025 | $78.9M | $265.4M | −$186.5M |
| Sep 2025 | $61.2M | $205.4M | −$144.1M |
| Aug 2025 | $66.7M | $222.8M | −$156.1M |
| Jul 2025 | $71.2M | $223.7M | −$152.6M |
VHCAX Assets Under Management
Net assets of Vanguard Capital Opportunity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $32.70B |
| 2026-03-31 | $24.62B |
| 2025-12-31 | $25.74B |
| 2025-09-30 | $24.67B |
| 2025-06-30 | $22.74B |
| 2025-03-31 | $21.21B |
| 2024-12-31 | $22.37B |
| 2024-09-30 | $23.12B |
| 2024-06-30 | $22.95B |
| 2024-03-31 | $22.49B |
| 2023-12-31 | $20.83B |
| 2023-09-30 | $19.23B |
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.