Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares (VMFGX)

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Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares (VMFGX) is up 18.9% since the beginning of the year. VMFGX is currently trading at $570 per share. Investors who bought $1,000 worth of VMFGX shares 5 years ago would now be looking at an investment worth $1,527.

Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares (VMFGX) has returned 18.87% so far this year and 29.92% over the past 12 months. Over the last ten years, VMFGX has returned 11.68% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Jan 3, 2012, VMFGX's average daily return is +0.05%, while the average monthly return is +1.09%. At this rate, an investment would double in approximately 5.3 years.

Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +14.0%, while the worst month was Mar 2020 at -16.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.

On a daily basis, VMFGX closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +10.8%, while the worst single day was Mar 16, 2020 at -13.9%.

Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares has an annualized alpha of -1.07%, beta of 1.06, and R2 of 0.84 versus S&P 500 Index. Calculated based on daily prices since January 04, 2012.

• With beta of 1.06 and R2 of 0.84, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

VMFGX has an expense ratio of 0.08%, which is considered low.

VMFGX ranks 50 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.

The table below present risk-adjusted performance metrics for Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares (VMFGX) and compare them to S&P 500 Index.

Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares provided a 0.59% dividend yield over the last twelve months, with an annual payout of $3.37 per share.

The table displays the monthly dividend distributions for Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Vanguard S&P Mid-Cap 400 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 S&P Mid-Cap 400 Growth Index Fund Institutional Shares was 39.15%, occurring on Mar 23, 2020. Recovery took 99 trading sessions.

The chart below shows the rolling one-month volatility.