VWEAX Performance — Vanguard High-Yield Corporate Fund, Admiral Shares
Data updated: 2026-09-28
VWEAX returned +1.15% year to date and +4.96% over one year to Jul 2026. Annualised returns are +7.66% over 3 years and +3.86% over 5 years. Against its High Yield Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $125, against $123 for the category, and to $105 over one year, against $105. Volatility over the past three years was 4.03% a year. In the 12 months to Jul 2026 the fund took in a net $1.0B, and assets reached $25.57B.
VWEAX Growth of $100
What $100 invested in Vanguard High-Yield Corporate Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the High Yield Bond category average over the same months.
| Period | VWEAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $105 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $125 | $123 |
| 5 years (Aug 2021 – Jul 2026) | $121 | $118 |
| Since data start (Aug 2019 – Jul 2026) | $136 | $132 |
VWEAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.15% |
| 1 year | +4.96% |
| 3 years (annualised) | +7.66% |
| 5 years (annualised) | +3.86% |
VWEAX Annual Returns
Calendar-year total returns of Vanguard High-Yield Corporate Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.15% |
| 2025 | +9.46% |
| 2024 | +6.39% |
| 2023 | +11.74% |
| 2022 | −8.97% |
| 2021 | +3.78% |
| 2020 | +5.39% |
| 2019 (Aug–Dec) | +3.96% |
VWEAX 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 | +0.2% | +0.5% | −1.3% | +1.3% | +0.5% | +0.3% | −0.4% | — | — | — | — | — |
| 2025 | +1.3% | +0.7% | −0.4% | +0.4% | +1.5% | +1.6% | +0.4% | +1.3% | +0.7% | +0.3% | +0.7% | +0.7% |
| 2024 | −0.2% | +0.1% | +0.9% | −1.0% | +1.3% | +1.1% | +1.6% | +1.4% | +1.2% | −0.8% | +1.1% | −0.6% |
| 2023 | +3.4% | −1.6% | +1.4% | +0.7% | −0.8% | +1.3% | +1.1% | +0.1% | −1.4% | −0.6% | +4.5% | +3.4% |
| 2022 | −2.7% | −0.9% | −0.7% | −3.3% | +1.0% | −6.4% | +6.3% | −3.1% | −3.8% | +2.7% | +2.6% | −0.5% |
| 2021 | 0.0% | 0.0% | −0.1% | +1.2% | +0.2% | +1.0% | +0.5% | +0.5% | −0.2% | −0.3% | −0.8% | +1.7% |
| 2020 | +0.1% | −0.8% | −10.0% | +3.9% | +3.8% | +0.2% | +4.5% | +0.6% | −0.8% | +0.4% | +3.0% | +1.2% |
| 2019 | — | — | — | — | — | — | — | +1.0% | +0.4% | +0.6% | +0.6% | +1.3% |
VWEAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 4.03%
- 3-year Sharpe ratio: 0.78 (vs 4.5% risk-free rate)
- Best month: +4.47% (Nov 2023)
- Worst month: −1.40% (Sep 2023)
VWEAX Fund Flows
Monthly money in and out of Vanguard High-Yield Corporate Fund, from SEC Form N-PORT.
- 12-month net flow: $1.0B
- 12-month gross sales (incl. reinvestments): $5.8B
- Sales ÷ redemptions: 1.21×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $411.7M | $344.5M | $67.2M |
| Jun 2026 | $413.0M | $386.7M | $26.3M |
| May 2026 | $536.3M | $431.8M | $104.4M |
| Apr 2026 | $380.6M | $404.6M | −$24.0M |
| Mar 2026 | $505.6M | $418.7M | $86.9M |
| Feb 2026 | $477.0M | $411.7M | $65.3M |
| Jan 2026 | $591.5M | $376.9M | $214.5M |
| Dec 2025 | $460.3M | $510.2M | −$50.0M |
| Nov 2025 | $616.4M | $552.0M | $64.4M |
| Oct 2025 | $539.2M | $402.0M | $137.2M |
| Sep 2025 | $507.3M | $280.5M | $226.8M |
| Aug 2025 | $398.0M | $305.0M | $93.0M |
VWEAX Assets Under Management
Net assets of Vanguard High-Yield Corporate Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $25.57B |
| 2026-04-30 | $25.65B |
| 2026-01-31 | $25.81B |
| 2025-10-31 | $25.54B |
| 2025-07-31 | $24.92B |
| 2025-04-30 | $24.22B |
| 2025-01-31 | $24.79B |
| 2024-10-31 | $24.65B |
| 2024-07-31 | $24.40B |
| 2024-04-30 | $23.42B |
| 2024-01-31 | $23.55B |
| 2023-10-31 | $21.97B |
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.