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ISIN
US9229088276
CUSIP
922908827
Issuer
Vanguard
Inception Date
May 21, 1998
Min. Investment
$3,000
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Small-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

VISGX Performance Chart

Vanguard Small Cap Growth Index Fund (VISGX) is up 18.3% since the beginning of the year. VISGX is currently trading at $100 per share. Investors who bought $1,000 worth of VISGX shares 5 years ago would now be looking at an investment worth $1,302.


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S&P 500 Index

Returns By Period

Vanguard Small Cap Growth Index Fund (VISGX) has returned 18.31% so far this year and 32.75% over the past 12 months. Over the last ten years, VISGX has returned 11.74% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


Vanguard Small Cap Growth Index Fund

1D
2.00%
1M
2.79%
YTD
18.31%
6M
14.61%
1Y
32.75%
3Y*
16.80%
5Y*
5.42%
10Y*
11.74%

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VISGX Monthly Returns History

Based on dividend-adjusted daily data since May 21, 1998, VISGX's average daily return is +0.05%, while the average monthly return is +0.92%. At this rate, an investment would double in approximately 6.3 years.

Historically, 61% of months were positive and 39% were negative. The best month was Feb 2000 with a return of +21.1%, while the worst month was Oct 2008 at -22.2%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.

On a daily basis, VISGX closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +10.5%, while the worst single day was Mar 16, 2020 at -14.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.64%2.34%-5.50%10.81%6.08%0.41%18.31%
20254.22%-6.29%-7.91%-1.40%6.37%4.98%1.99%3.79%1.68%2.03%0.13%-0.66%8.18%
2024-4.17%8.06%2.86%-7.22%3.54%0.02%4.51%-0.03%2.45%-0.27%12.88%-6.92%14.80%
202311.71%-2.29%-0.90%-1.38%-0.03%7.69%4.27%-4.14%-6.59%-7.09%9.79%12.37%22.91%
2022-12.64%-0.45%1.20%-10.97%-2.88%-8.01%11.71%-2.44%-9.00%7.04%2.71%-6.33%-28.50%
20212.29%3.12%-2.80%3.85%-2.76%4.75%-1.18%1.83%-3.80%5.38%-6.10%1.63%5.58%

Benchmark Metrics

Vanguard Small Cap Growth Index Fund has an annualized alpha of 2.30%, beta of 1.09, and R2 of 0.78 versus S&P 500 Index. Calculated based on daily prices since May 21, 1998.

  • This fund captured 121.71% of S&P 500 Index gains and 109.42% of its losses - amplifying both gains and losses, but participating more in upside than downside.
  • This fund generated an annualized alpha of 2.30% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
  • With beta of 1.09 and R2 of 0.78, 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
2.30%
Beta
1.09
0.78
Upside Capture
121.71%
Downside Capture
109.42%

Expense Ratio

VISGX has an expense ratio of 0.19%, which is considered low.


Return for Risk

Risk / Return Rank

VISGX ranks 44 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


VISGX Risk / Return Rank: 4444
Overall Rank
VISGX Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
VISGX Sortino Ratio Rank: 3434
Sortino Ratio Rank
VISGX Omega Ratio Rank: 3131
Omega Ratio Rank
VISGX Calmar Ratio Rank: 6161
Calmar Ratio Rank
VISGX Martin Ratio Rank: 5757
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Vanguard Small Cap Growth Index Fund (VISGX) 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.


VISGXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.41

Sortino ratioReturn per unit of downside risk

-0.50

Omega ratioGain probability vs. loss probability

1.27

1.37

-0.09

Calmar ratioReturn relative to maximum drawdown

2.88

2.78

+0.10

Martin ratioReturn relative to average drawdown

10.77

12.44

-1.67

Dividends

Dividend History

Vanguard Small Cap Growth Index Fund provided a 0.34% dividend yield over the last twelve months, with an annual payout of $0.34 per share.


0.20%0.40%0.60%0.80%1.00%$0.00$0.10$0.20$0.30$0.4020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.34$0.28$0.33$0.39$0.26$0.19$0.26$0.26$0.28$0.32$0.36$0.29

Dividend yield

0.34%0.33%0.42%0.56%0.46%0.23%0.35%0.47%0.65%0.71%0.97%0.84%

Monthly Dividends

The table displays the monthly dividend distributions for Vanguard Small Cap Growth Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.07$0.00$0.00$0.00$0.07
2025$0.00$0.00$0.00$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$0.08$0.28
2024$0.00$0.00$0.09$0.00$0.00$0.09$0.00$0.00$0.06$0.00$0.00$0.09$0.33
2023$0.00$0.00$0.07$0.00$0.00$0.09$0.00$0.00$0.07$0.00$0.00$0.16$0.39
2022$0.00$0.00$0.00$0.00$0.00$0.05$0.00$0.00$0.09$0.00$0.00$0.11$0.26
2021$0.00$0.00$0.03$0.00$0.00$0.06$0.00$0.00$0.02$0.00$0.00$0.08$0.19

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Vanguard Small Cap Growth Index Fund. 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 Small Cap Growth Index Fund was 58.74%, occurring on Mar 9, 2009. Recovery took 444 trading sessions.

The current Vanguard Small Cap Growth Index Fund drawdown is 0.31%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-58.74%Mar 2009
1y 5mo1y 9mo
3y 2moOct 2007 - Dec 2010
Dot-com crash2000–2002
-40.29%Oct 2002
2y 7mo1y 2mo
3y 10moMar 2000 - Jan 2004
COVID crash2020
-38.70%Mar 2020
26d4mo 13d
5mo 9dFeb 2020 - Jul 2020
Bear market2022
-38.41%Jun 2022
7mo 9d2y 5mo
3y 17dNov 2021 - Nov 2024
1998 bear market1998
-35.88%Oct 1998
2mo 23d1y 1mo
1y 4moJul 1998 - Nov 1999

Drawdown Indicators


VISGXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-58.74%

-56.78%

-1.96%

Max Drawdown (1Y)

Largest decline over 1 year

-11.39%

-9.10%

-2.29%

Max Drawdown (3Y)

Largest decline over 3 years

-27.58%

-18.90%

-8.68%

Max Drawdown (5Y)

Largest decline over 5 years

-38.41%

-25.43%

-12.98%

Max Drawdown (10Y)

Largest decline over 10 years

-38.70%

-33.92%

-4.78%

Current Drawdown

Current decline from peak

-0.31%

-1.80%

+1.49%

Average Drawdown

Average peak-to-trough decline

-11.60%

-10.71%

-0.89%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.04%

2.03%

+1.01%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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Add Vanguard Small Cap Growth Index Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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