- ISIN
- US9219093054
- CUSIP
- 921909305
- Issuer
- Vanguard
- Inception Date
- Sep 30, 1994
- Region
- Global (Broad)
- Category
- Diversified Portfolio
- Min. Investment
- $3,000
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Assets Under Management
- $11B
Share Price Chart
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Performance
VSCGX Performance Chart
Vanguard LifeStrategy 40/60 Fund (VSCGX) is up 5.6% since the beginning of the year. VSCGX is currently trading at $23 per share. Investors who bought $1,000 worth of VSCGX shares 5 years ago would now be looking at an investment worth $1,311.
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Returns By Period
Vanguard LifeStrategy 40/60 Fund (VSCGX) has returned 5.55% so far this year and 14.19% over the past 12 months. Over the last ten years, VSCGX has returned 6.63% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Vanguard LifeStrategy 40/60 Fund
- 1D
- 0.61%
- 1M
- 1.28%
- YTD
- 5.55%
- 6M
- 5.64%
- 1Y
- 14.19%
- 3Y*
- 11.91%
- 5Y*
- 5.57%
- 10Y*
- 6.63%
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%
VSCGX Monthly Returns History
Based on dividend-adjusted daily data since Sep 30, 1994, VSCGX's average daily return is +0.03%, while the average monthly return is +0.57%. At this rate, an investment would double in approximately 10.2 years.
Historically, 66% of months were positive and 34% were negative. The best month was Nov 2023 with a return of +6.0%, while the worst month was Oct 2008 at -10.1%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 5 months.
On a daily basis, VSCGX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +5.4%, while the worst single day was Oct 15, 2008 at -4.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.47% | 1.67% | -3.80% | 3.90% | 2.19% | 0.17% | 5.55% | ||||||
| 2025 | 1.57% | 0.82% | -1.57% | 0.93% | 2.03% | 2.60% | 0.28% | 1.72% | 2.03% | 1.22% | 0.31% | 0.30% | 12.87% |
| 2024 | -0.34% | 1.08% | 1.76% | -2.64% | 2.52% | 1.09% | 2.21% | 1.69% | 1.74% | -2.10% | 2.29% | 1.95% | 11.65% |
| 2023 | 4.77% | -2.55% | 2.65% | 0.80% | -0.90% | 2.13% | 1.49% | -1.46% | -2.99% | -1.85% | 6.02% | 4.42% | 12.72% |
| 2022 | -3.08% | -1.79% | -0.91% | -5.21% | 0.24% | -4.29% | 4.38% | -3.37% | -6.10% | 2.00% | 5.30% | -2.60% | -15.00% |
| 2021 | -0.53% | 0.18% | 0.56% | 2.03% | 0.74% | 0.96% | 0.98% | 0.85% | -2.26% | 1.89% | -0.72% | 1.28% | 6.04% |
Benchmark Metrics
Vanguard LifeStrategy 40/60 Fund has an annualized alpha of 3.00%, beta of 0.37, and R2 of 0.77 versus S&P 500 Index. Calculated based on daily prices since September 30, 1994.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (45.60%) than losses (42.91%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 3.00% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.37 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 3.00%
- Beta
- 0.37
- R²
- 0.77
- Upside Capture
- 45.60%
- Downside Capture
- 42.91%
Expense Ratio
VSCGX has an expense ratio of 0.10%, which is considered low.
Return for Risk
Risk / Return Rank
VSCGX ranks 63 for risk / return — better than 63% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Vanguard LifeStrategy 40/60 Fund (VSCGX) 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.
| VSCGX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.37 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.70 | 2.78 | -0.08 |
| Martin ratioReturn relative to average drawdown | 11.61 | 12.44 | -0.83 |
Dividends
Dividend History
Vanguard LifeStrategy 40/60 Fund provided a 5.25% dividend yield over the last twelve months, with an annual payout of $1.20 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.20 | $1.20 | $2.25 | $1.07 | $0.53 | $0.96 | $0.74 | $0.55 | $0.71 | $0.33 | $0.45 | $0.57 |
Dividend yield | 5.25% | 5.50% | 11.03% | 5.23% | 2.79% | 4.18% | 3.28% | 2.62% | 3.81% | 1.65% | 2.43% | 3.21% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard LifeStrategy 40/60 Fund. 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 | $0.13 | $0.00 | $0.00 | $0.00 | $0.13 | ||||||
| 2025 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.78 | $1.20 |
| 2024 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $1.85 | $2.25 |
| 2023 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.73 | $1.07 |
| 2022 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.27 | $0.53 |
| 2021 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.72 | $0.96 |
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 LifeStrategy 40/60 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 LifeStrategy 40/60 Fund was 30.62%, occurring on Mar 9, 2009. Recovery took 398 trading sessions.
The current Vanguard LifeStrategy 40/60 Fund drawdown is 0.09%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -30.62%Mar 2009 | 1y 4mo | 1y 7mo | 2y 11moNov 2007 - Oct 2010 |
Bear market2022 | -20.15%Oct 2022 | 11mo 8d | 1y 9mo | 2y 8moNov 2021 - Jul 2024 |
COVID crash2020 | -15.88%Mar 2020 | 1mo 2d | 3mo 23d | 4mo 25dFeb 2020 - Jul 2020 |
Dot-com crash2000–2002 | -14.75%Oct 2002 | 2y 1mo | 8mo 6d | 2y 9moSep 2000 - Jun 2003 |
2011 pullback2011 | -8.42%Oct 2011 | 5mo 4d | 4mo 1d | 9mo 5dMay 2011 - Feb 2012 |
Drawdown Indicators
| VSCGX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.62% | -56.78% | +26.16% |
Max Drawdown (1Y)Largest decline over 1 year | -5.19% | -9.10% | +3.91% |
Max Drawdown (3Y)Largest decline over 3 years | -6.71% | -18.90% | +12.19% |
Max Drawdown (5Y)Largest decline over 5 years | -20.15% | -25.43% | +5.28% |
Max Drawdown (10Y)Largest decline over 10 years | -20.15% | -33.92% | +13.77% |
Current DrawdownCurrent decline from peak | -0.09% | -1.80% | +1.71% |
Average DrawdownAverage peak-to-trough decline | -2.99% | -10.71% | +7.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.21% | 2.03% | -0.82% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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