BGRIX vs. VDIGX
BGRIX (Baron Growth Fund Institutional Shares) and VDIGX (Vanguard Dividend Growth Fund) are both mutual funds - BGRIX is a Mid Cap Growth Equities fund managed by Baron Capital, while VDIGX is a Dividend fund actively managed by Vanguard. Over the past 10 years, BGRIX returned 7.46%/yr vs 12.20%/yr for VDIGX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. BGRIX charges 1.05%/yr vs 0.20%/yr for VDIGX.
Performance
BGRIX vs. VDIGX - Performance Comparison
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Returns By Period
In the year-to-date period, BGRIX achieves a -6.83% return, which is significantly lower than VDIGX's 5.63% return. Over the past 10 years, BGRIX has underperformed VDIGX with an annualized return of 7.46%, while VDIGX has yielded a comparatively higher 12.20% annualized return.
BGRIX
- 1D
- 0.77%
- 1M
- 2.33%
- 6M
- 1.19%
- YTD
- -6.83%
- 1Y
- -15.40%
- 3Y*
- -4.53%
- 5Y*
- -4.37%
- 10Y*
- 7.46%
- ALL TIME*
- 10.49%
VDIGX
- 1D
- 0.53%
- 1M
- 0.16%
- 6M
- 4.68%
- YTD
- 5.63%
- 1Y
- 11.26%
- 3Y*
- 14.29%
- 5Y*
- 9.72%
- 10Y*
- 12.20%
- ALL TIME*
- 9.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
BGRIX vs. VDIGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BGRIX Baron Growth Fund Institutional Shares | -6.83% | -14.21% | 4.90% | 14.97% | -22.35% | 20.13% | 33.10% | 40.54% | -2.68% | 27.45% |
VDIGX Vanguard Dividend Growth Fund | 5.63% | 11.11% | 20.84% | 8.11% | -4.89% | 24.86% | 12.04% | 30.94% | 0.08% | 19.32% |
Correlation
The correlation between BGRIX and VDIGX is 0.48, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.48 |
Correlation (3Y) Balances recent behavior with more history. | 0.66 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.73 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.75 |
Correlation (All Time) Calculated using the full available price history since May 29, 2009 | 0.79 |
Over the past year, the correlation between BGRIX and VDIGX has dropped to 0.48 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.
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Return for Risk
BGRIX vs. VDIGX — Risk / Return Rank
BGRIX
VDIGX
BGRIX vs. VDIGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Growth Fund Institutional Shares (BGRIX) and Vanguard Dividend Growth Fund (VDIGX). 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.
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.
| BGRIX | VDIGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.84 | ||
| Sortino ratioReturn per unit of downside risk | -2.60 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.22 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | 1.39 | -1.95 |
| Martin ratioReturn relative to average drawdown | -0.93 | 5.50 | -6.43 |
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Drawdowns
BGRIX vs. VDIGX - Drawdown Comparison
The maximum BGRIX drawdown since its inception was -41.12%, smaller than the maximum VDIGX drawdown of -45.23%. Use the drawdown chart below to compare losses from any high point for BGRIX and VDIGX.
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Drawdown Indicators
| BGRIX | VDIGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.12% | -45.23% | +4.11% |
Max Drawdown (1Y)Largest decline over 1 year | -23.63% | -9.09% | -14.54% |
Max Drawdown (3Y)Largest decline over 3 years | -32.70% | -10.23% | -22.47% |
Max Drawdown (5Y)Largest decline over 5 years | -34.60% | -16.18% | -18.42% |
Max Drawdown (10Y)Largest decline over 10 years | -41.12% | -32.98% | -8.14% |
Current DrawdownCurrent decline from peak | -26.33% | -0.19% | -26.14% |
Average DrawdownAverage peak-to-trough decline | -7.74% | -6.62% | -1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.61% | 2.29% | +12.32% |
Volatility
BGRIX vs. VDIGX - Volatility Comparison
Baron Growth Fund Institutional Shares (BGRIX) has a higher volatility of 10.20% compared to Vanguard Dividend Growth Fund (VDIGX) at 2.64%. This indicates that BGRIX's price experiences larger fluctuations and is considered to be riskier than VDIGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BGRIX | VDIGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.20% | 2.64% | +7.56% |
Volatility (6M)Calculated over the trailing 6-month period | 19.45% | 7.91% | +11.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.85% | 10.21% | +12.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.91% | 13.86% | +7.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.47% | 15.68% | +5.79% |
BGRIX vs. VDIGX - Expense Ratio Comparison
BGRIX has a 1.05% expense ratio, which is higher than VDIGX's 0.20% expense ratio.
Dividends
BGRIX vs. VDIGX - Dividend Comparison
BGRIX's dividend yield for the trailing twelve months is around 21.17%, less than VDIGX's 23.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGRIX Baron Growth Fund Institutional Shares | 21.17% | 19.72% | 11.30% | 1.69% | 5.72% | 7.38% | 4.45% | 3.55% | 8.12% | 11.36% | 12.56% | 9.37% |
VDIGX Vanguard Dividend Growth Fund | 23.24% | 21.90% | 21.94% | 2.29% | 6.06% | 5.45% | 2.83% | 4.70% | 8.72% | 5.16% | 2.86% | 5.70% |
Frequently Asked Questions
BGRIX and VDIGX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BGRIX has higher volatility (10.20%) compared to VDIGX (2.64%). In terms of maximum drawdown, BGRIX dropped -41.12% vs VDIGX's -45.23%.
VDIGX currently has the higher Sharpe Ratio (1.24 vs -0.60), 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.
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