- ISIN
- US9229088680
- CUSIP
- 922908868
- Issuer
- Vanguard
- Inception Date
- May 14, 1998
- Region
- North America (U.S.)
- Category
- Large Cap Growth Equities
- Min. Investment
- $5,000,000
- Index Tracked
- CRSP US Large Cap Growth Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $394B
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
VIGIX Performance Chart
Vanguard Growth Index Fund Institutional Shares (VIGIX) is up 7.2% since the beginning of the year. VIGIX is currently trading at $269 per share. Investors who bought $1,000 worth of VIGIX shares 5 years ago would now be looking at an investment worth $1,938.
Loading charts...
Returns By Period
Vanguard Growth Index Fund Institutional Shares (VIGIX) has returned 7.20% so far this year and 25.68% over the past 12 months. Looking at the last ten years, VIGIX has achieved an annualized return of 18.14%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
Vanguard Growth Index Fund Institutional Shares
- 1D
- 1.71%
- 1M
- -0.56%
- YTD
- 7.20%
- 6M
- 6.59%
- 1Y
- 25.68%
- 3Y*
- 23.76%
- 5Y*
- 14.15%
- 10Y*
- 18.14%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
VIGIX Monthly Returns History
Based on dividend-adjusted daily data since May 14, 1998, VIGIX's average daily return is +0.05%, while the average monthly return is +0.90%. At this rate, an investment would double in approximately 6.4 years.
Historically, 60% of months were positive and 40% were negative. The best month was Apr 2020 with a return of +15.1%, while the worst month was Oct 2008 at -17.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, VIGIX closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +12.0%, while the worst single day was Mar 16, 2020 at -12.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.32% | -4.22% | -5.19% | 14.26% | 7.72% | -2.81% | 7.20% | ||||||
| 2025 | 1.95% | -3.02% | -8.47% | 2.21% | 9.07% | 6.17% | 3.76% | 0.85% | 4.71% | 3.98% | -1.63% | -0.50% | 19.44% |
| 2024 | 2.26% | 7.02% | 1.34% | -4.21% | 6.42% | 6.60% | -1.72% | 2.27% | 2.39% | -0.27% | 6.77% | 0.46% | 32.68% |
| 2023 | 10.38% | -1.44% | 7.78% | 1.04% | 5.09% | 7.00% | 3.33% | -1.09% | -5.77% | -1.74% | 11.66% | 4.27% | 46.77% |
| 2022 | -9.36% | -4.62% | 3.77% | -12.82% | -2.75% | -8.48% | 13.12% | -5.01% | -10.46% | 4.14% | 4.74% | -8.46% | -33.13% |
| 2021 | -0.93% | 0.79% | 1.64% | 6.94% | -1.45% | 5.98% | 3.28% | 3.64% | -5.28% | 8.29% | 0.49% | 1.76% | 27.27% |
Benchmark Metrics
Vanguard Growth Index Fund Institutional Shares has an annualized alpha of 2.50%, beta of 1.05, and R2 of 0.93 versus S&P 500 Index. Calculated based on daily prices since May 14, 1998.
- This fund captured 114.11% of S&P 500 Index gains and 101.03% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 2.50% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.05 and R2 of 0.93, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 2.50%
- Beta
- 1.05
- R²
- 0.93
- Upside Capture
- 114.11%
- Downside Capture
- 101.03%
Expense Ratio
VIGIX has an expense ratio of 0.04%, which is considered low.
Return for Risk
Risk / Return Rank
VIGIX ranks 26 for risk / return — below 26% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Vanguard Growth Index Fund Institutional Shares (VIGIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VIGIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.37 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | 2.78 | -1.26 |
| Martin ratioReturn relative to average drawdown | 5.24 | 12.44 | -7.20 |
Dividends
Dividend History
Vanguard Growth Index Fund Institutional Shares provided a 0.38% dividend yield over the last twelve months, with an annual payout of $1.02 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.02 | $1.03 | $0.98 | $0.93 | $0.77 | $0.79 | $0.87 | $0.89 | $0.91 | $0.83 | $0.80 | $0.72 |
Dividend yield | 0.38% | 0.41% | 0.47% | 0.58% | 0.70% | 0.48% | 0.66% | 0.95% | 1.32% | 1.15% | 1.40% | 1.31% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard Growth Index Fund Institutional Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.00 | $0.25 | ||||||
| 2025 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.26 | $1.03 |
| 2024 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.28 | $0.98 |
| 2023 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.30 | $0.93 |
| 2022 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.23 | $0.77 |
| 2021 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.24 | $0.79 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Vanguard Growth Index Fund Institutional Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Vanguard Growth Index Fund Institutional Shares was 56.95%, occurring on Mar 9, 2009. Recovery took 883 trading sessions.
The current Vanguard Growth Index Fund Institutional Shares drawdown is 3.55%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -56.95%Mar 2009 | 8y 11mo | 3y 6mo | 12y 5moMar 2000 - Sep 2012 |
Bear market2022 | -35.62%Nov 2022 | 11mo 16d | 1y 2mo | 2y 2moNov 2021 - Jan 2024 |
COVID crash2020 | -31.72%Mar 2020 | 1mo 2d | 2mo 17d | 3mo 19dFeb 2020 - Jun 2020 |
2025 selloff2025 | -23.03%Apr 2025 | 1mo 17d | 2mo 17d | 4mo 4dFeb 2025 - Jun 2025 |
Rate-hike selloffLate 2018 | -22.29%Dec 2018 | 2mo 23d | 3mo 19d | 6mo 12dOct 2018 - Apr 2019 |
Drawdown Indicators
| VIGIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.95% | -56.78% | -0.17% |
Max Drawdown (1Y)Largest decline over 1 year | -16.51% | -9.10% | -7.41% |
Max Drawdown (3Y)Largest decline over 3 years | -23.03% | -18.90% | -4.13% |
Max Drawdown (5Y)Largest decline over 5 years | -35.62% | -25.43% | -10.19% |
Max Drawdown (10Y)Largest decline over 10 years | -35.62% | -33.92% | -1.70% |
Current DrawdownCurrent decline from peak | -3.55% | -1.80% | -1.75% |
Average DrawdownAverage peak-to-trough decline | -16.25% | -10.71% | -5.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.79% | 2.03% | +2.76% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with VIGIX
Add Vanguard Growth Index Fund Institutional Shares to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with VIGIX