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Vanguard Long-Term Tax-Exempt (VWLTX)On Dec 7: 10.99   0.00 (0.00%)  
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Risk  As of 31-Oct-09Get Risk for:
RISK OVERVIEW 
Morningstar Risk Rating:Average
Number of Years Up:4
Number of Years Down:1
Best 1 Yr Total Return (2006):5.16%
Worst 1 Yr Total Return (2008):-4.87%
RISK (MODERN PORTFOLIO THEORY) STATISTICS 
3 Years
StatisticVWLTXCategory
Alpha (against Standard Index)-0.93-2.27
Beta (against Standard Index)1.111.17
Mean Annual Return3.380.19
R-squared (against Standard Index)9887.41
Standard Deviation6.767.66
Sharpe Ratio0.17N/A
Treynor Ratio0.87N/A
5 Years
StatisticVWLTXCategory
Alpha (against Standard Index)-0.66-1.38
Beta (against Standard Index)1.121.15
Mean Annual Return3.590.25
R-squared (against Standard Index)9887.57
Standard Deviation5.596.17
Sharpe Ratio0.12N/A
Treynor Ratio0.50N/A
10 Years
StatisticVWLTXCategory
Alpha (against Standard Index)-0.54-1.30
Beta (against Standard Index)1.171.11
Mean Annual Return5.530.39
R-squared (against Standard Index)9788.63
Standard Deviation5.555.59
Sharpe Ratio0.47N/A
Treynor Ratio2.18N/A

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