DNVYX vs. VIGAX

Last updated Jun 4, 2026

DNVYX (Davis New York Venture Fund Class Y) and VIGAX (Vanguard Growth Index Fund Admiral Shares) are both Large Cap Growth Equities funds. DNVYX is actively managed, while VIGAX is passively managed. Over the past 10 years, DNVYX returned 14.67%/yr vs 18.39%/yr for VIGAX. Their correlation of 0.85 suggests significant overlap in exposure. DNVYX charges 0.67%/yr vs 0.05%/yr for VIGAX.

Performance

DNVYX vs. VIGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Davis New York Venture Fund Class Y (DNVYX) and Vanguard Growth Index Fund Admiral Shares (VIGAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with DNVYX having a 11.25% return and VIGAX slightly lower at 10.82%. Over the past 10 years, DNVYX has underperformed VIGAX with an annualized return of 14.67%, while VIGAX has yielded a comparatively higher 18.39% annualized return.

DNVYX

• 1D: 0.18%
• 1M: 2.38%
• YTD: 11.25%
• 6M: 14.31%
• 1Y: 33.78%
• 3Y*: 29.18%
• 5Y*: 13.27%
• 10Y*: 14.67%

VIGAX

• 1D: -0.28%
• 1M: 7.54%
• YTD: 10.82%
• 6M: 10.11%
• 1Y: 29.44%
• 3Y*: 26.45%
• 5Y*: 15.71%
• 10Y*: 18.39%

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

DNVYX vs. VIGAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DNVYX Davis New York Venture Fund Class Y	11.25%	27.17%	31.80%	30.49%	-17.34%	12.74%	11.68%	31.35%	-12.79%	22.51%
VIGAX Vanguard Growth Index Fund Admiral Shares	10.82%	19.43%	32.67%	46.76%	-33.14%	27.26%	40.18%	37.23%	-3.35%	27.80%

Correlation

The correlation between DNVYX and VIGAX is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (10Y) Calculated over the trailing 10-year period	0.76
Correlation (All Time) Calculated using the full available price history since Nov 14, 2000	0.85

Over the past year, the correlation between DNVYX and VIGAX has dropped to 0.61 - well below their long-term average of 0.85, suggesting their price drivers have been diverging.

Return for Risk

DNVYX vs. VIGAX — Risk / Return Rank

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

DNVYX

DNVYX Risk / Return Rank: 82
DNVYX Sharpe Ratio Rank: 85
DNVYX Sortino Ratio Rank: 78
DNVYX Omega Ratio Rank: 75
DNVYX Calmar Ratio Rank: 88
DNVYX Martin Ratio Rank: 87

VIGAX

VIGAX Risk / Return Rank: 34
VIGAX Sharpe Ratio Rank: 43
VIGAX Sortino Ratio Rank: 38
VIGAX Omega Ratio Rank: 39
VIGAX Calmar Ratio Rank: 24
VIGAX Martin Ratio Rank: 27

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.

DNVYX vs. VIGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Davis New York Venture Fund Class Y (DNVYX) and Vanguard Growth Index Fund Admiral Shares (VIGAX). 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.

	DNVYX	VIGAX	Difference
Sharpe ratio: Return per unit of total volatility	2.77	1.92	+0.85
Sortino ratio: Return per unit of downside risk	3.76	2.59	+1.17
Omega ratio: Gain probability vs. loss probability	1.49	1.33	+0.16
Calmar ratio: Return relative to maximum drawdown	4.32	1.84	+2.47
Martin ratio: Return relative to average drawdown	16.73	6.49	+10.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DNVYX vs. VIGAX - Sharpe Ratio Comparison

The current DNVYX Sharpe Ratio is 2.77, which is higher than the VIGAX Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of DNVYX and VIGAX, 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

	DNVYX	VIGAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.77	1.92	+0.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	0.71	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	0.86	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.48	+0.02

Drawdowns

DNVYX vs. VIGAX - Drawdown Comparison

The maximum DNVYX drawdown since its inception was -58.41%, which is greater than VIGAX's maximum drawdown of -50.66%. Use the drawdown chart below to compare losses from any high point for DNVYX and VIGAX.

Drawdown Indicators

	DNVYX	VIGAX	Difference
Max Drawdown Largest peak-to-trough decline	-58.41%	-50.66%	-7.75%
Max Drawdown (1Y) Largest decline over 1 year	-7.97%	-16.51%	+8.54%
Max Drawdown (3Y) Largest decline over 3 years	-21.44%	-23.04%	+1.60%
Max Drawdown (5Y) Largest decline over 5 years	-31.96%	-35.63%	+3.67%
Max Drawdown (10Y) Largest decline over 10 years	-36.97%	-35.63%	-1.34%
Current Drawdown Current decline from peak	-0.15%	-0.28%	+0.13%
Average Drawdown Average peak-to-trough decline	-9.44%	-11.96%	+2.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.05%	4.68%	-2.63%

Volatility

DNVYX vs. VIGAX - Volatility Comparison

The current volatility for Davis New York Venture Fund Class Y (DNVYX) is 2.70%, while Vanguard Growth Index Fund Admiral Shares (VIGAX) has a volatility of 3.62%. This indicates that DNVYX experiences smaller price fluctuations and is considered to be less risky than VIGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DNVYX	VIGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.70%	3.62%	-0.92%
Volatility (6M) Calculated over the trailing 6-month period	8.70%	12.10%	-3.40%
Volatility (1Y) Calculated over the trailing 1-year period	12.44%	15.88%	-3.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.91%	22.35%	-0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.12%	21.59%	-0.47%

DNVYX vs. VIGAX - Expense Ratio Comparison

DNVYX has a 0.67% expense ratio, which is higher than VIGAX's 0.05% expense ratio.

Dividends

DNVYX vs. VIGAX - Dividend Comparison

DNVYX's dividend yield for the trailing twelve months is around 10.02%, more than VIGAX's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DNVYX Davis New York Venture Fund Class Y	10.02%	11.15%	31.98%	7.88%	7.54%	21.48%	5.93%	7.63%	23.81%	8.39%	12.88%	22.87%
VIGAX Vanguard Growth Index Fund Admiral Shares	0.36%	0.40%	0.46%	0.57%	0.69%	0.47%	0.66%	0.94%	1.31%	1.14%	1.39%	1.31%

Frequently Asked Questions

Can I hold both DNVYX and VIGAX in my portfolio?

DNVYX and VIGAX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DNVYX or VIGAX?

VIGAX has higher volatility (3.62%) compared to DNVYX (2.70%). In terms of maximum drawdown, DNVYX dropped -58.41% vs VIGAX's -50.66%.

Which has better risk-adjusted returns?

DNVYX currently has the higher Sharpe Ratio (2.77 vs 1.92), 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.