AGRW vs. VUG

Last updated Jun 4, 2026

AGRW (Allspring LT Large Growth ETF) and VUG (Vanguard Growth ETF) are both Large Cap Growth Equities funds. AGRW is actively managed, while VUG is passively managed. Over the past year, AGRW returned 23.16% vs 27.84% for VUG. With a 0.96 correlation, they move nearly in lockstep. AGRW charges 0.35%/yr vs 0.03%/yr for VUG.

Performance

AGRW vs. VUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring LT Large Growth ETF (AGRW) and Vanguard Growth ETF (VUG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AGRW achieves a 8.77% return, which is significantly lower than VUG's 9.49% return.

AGRW

• 1D: -1.69%
• 1M: 7.09%
• YTD: 8.77%
• 6M: 8.21%
• 1Y: 23.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VUG

• 1D: -1.23%
• 1M: 6.22%
• YTD: 9.49%
• 6M: 8.72%
• 1Y: 27.84%
• 3Y*: 25.93%
• 5Y*: 15.11%
• 10Y*: 18.26%

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

AGRW vs. VUG - Yearly Performance Comparison

	2026 (YTD)	2025
AGRW Allspring LT Large Growth ETF	8.77%	23.16%
VUG Vanguard Growth ETF	9.49%	28.60%

Correlation

The correlation between AGRW and VUG is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (All Time) Calculated using the full available price history since Mar 28, 2025	0.96

The correlation between AGRW and VUG has been stable across timeframes, ranging from 0.96 to 0.96 - a consistent structural relationship.

Return for Risk

AGRW vs. VUG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AGRW

AGRW Risk / Return Rank: 37
AGRW Sharpe Ratio Rank: 43
AGRW Sortino Ratio Rank: 40
AGRW Omega Ratio Rank: 41
AGRW Calmar Ratio Rank: 30
AGRW Martin Ratio Rank: 33

VUG

VUG Risk / Return Rank: 43
VUG Sharpe Ratio Rank: 50
VUG Sortino Ratio Rank: 47
VUG Omega Ratio Rank: 48
VUG Calmar Ratio Rank: 33
VUG Martin Ratio Rank: 37

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.

AGRW vs. VUG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring LT Large Growth ETF (AGRW) and Vanguard Growth ETF (VUG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AGRW	VUG	Difference
Sharpe ratio: Return per unit of total volatility	1.46	1.77	-0.30
Sortino ratio: Return per unit of downside risk	2.02	2.40	-0.38
Omega ratio: Gain probability vs. loss probability	1.26	1.31	-0.05
Calmar ratio: Return relative to maximum drawdown	1.41	1.69	-0.28
Martin ratio: Return relative to average drawdown	4.73	5.92	-1.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AGRW vs. VUG - Sharpe Ratio Comparison

The current AGRW Sharpe Ratio is 1.46, which is comparable to the VUG Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of AGRW and VUG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AGRW	VUG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.46	1.77	-0.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.68	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.28	0.62	+0.66

Drawdowns

AGRW vs. VUG - Drawdown Comparison

The maximum AGRW drawdown since its inception was -16.46%, smaller than the maximum VUG drawdown of -50.68%. Use the drawdown chart below to compare losses from any high point for AGRW and VUG.

Drawdown Indicators

	AGRW	VUG	Difference
Max Drawdown Largest peak-to-trough decline	-16.46%	-50.68%	+34.22%
Max Drawdown (1Y) Largest decline over 1 year	-16.46%	-16.53%	+0.07%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.85%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.61%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.61%	—
Current Drawdown Current decline from peak	-2.36%	-1.51%	-0.85%
Average Drawdown Average peak-to-trough decline	-3.28%	-7.09%	+3.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.91%	4.71%	+0.20%

Volatility

AGRW vs. VUG - Volatility Comparison

Allspring LT Large Growth ETF (AGRW) has a higher volatility of 4.34% compared to Vanguard Growth ETF (VUG) at 3.83%. This indicates that AGRW's price experiences larger fluctuations and is considered to be riskier than VUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AGRW	VUG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.34%	3.83%	+0.51%
Volatility (6M) Calculated over the trailing 6-month period	12.44%	12.11%	+0.33%
Volatility (1Y) Calculated over the trailing 1-year period	15.91%	15.84%	+0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.99%	22.22%	-0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.99%	21.44%	+0.55%

AGRW vs. VUG - Expense Ratio Comparison

AGRW has a 0.35% expense ratio, which is higher than VUG's 0.03% expense ratio.

Dividends

AGRW vs. VUG - Dividend Comparison

AGRW's dividend yield for the trailing twelve months is around 0.12%, less than VUG's 0.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGRW Allspring LT Large Growth ETF	0.12%	0.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VUG Vanguard Growth ETF	0.37%	0.41%	0.47%	0.58%	0.70%	0.48%	0.66%	0.95%	1.32%	1.14%	1.39%	1.30%

Frequently Asked Questions

Can I hold both AGRW and VUG in my portfolio?

With a correlation of 0.96, AGRW and VUG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AGRW or VUG?

AGRW has higher volatility (4.34%) compared to VUG (3.83%). In terms of maximum drawdown, AGRW dropped -16.46% vs VUG's -50.68%.

Which ETF is better, AGRW or VUG?

On 1-year performance, VUG leads with 27.84% vs 23.16% for AGRW. On fees, VUG is cheaper at 0.03% per year. On volatility, VUG has been the lower-risk option at 3.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AGRW or VUG?

Over the 1-year period, VUG has performed better with a 27.84% return vs 23.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AGRW or VUG?

VUG is cheaper with a 0.03% expense ratio, compared with 0.35% for AGRW.

Which ETF pays a higher dividend yield, AGRW or VUG?

VUG has the higher dividend yield at 0.37%, compared with 0.12% for AGRW.

What is the main difference between AGRW and VUG?

They also come from different issuers: Allspring and Vanguard. Their fees differ too: 0.35% for AGRW and 0.03% for VUG.

Which has better risk-adjusted returns?

VUG currently has the higher Sharpe Ratio (1.77 vs 1.46), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.