GCGIX vs. VIGAX

Last updated Jun 4, 2026

GCGIX (Goldman Sachs Large Cap Growth Insights Fund) and VIGAX (Vanguard Growth Index Fund Admiral Shares) are both Large Cap Growth Equities funds. Over the past 10 years, GCGIX returned 18.09%/yr vs 18.39%/yr for VIGAX. With a 0.98 correlation, they move nearly in lockstep. GCGIX charges 0.54%/yr vs 0.05%/yr for VIGAX.

Performance

GCGIX vs. VIGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Large Cap Growth Insights Fund (GCGIX) and Vanguard Growth Index Fund Admiral Shares (VIGAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GCGIX achieves a 6.18% return, which is significantly lower than VIGAX's 10.82% return. Both investments have delivered pretty close results over the past 10 years, with GCGIX having a 18.09% annualized return and VIGAX not far ahead at 18.39%.

GCGIX

• 1D: -0.31%
• 1M: 6.79%
• YTD: 6.18%
• 6M: 5.96%
• 1Y: 23.70%
• 3Y*: 28.63%
• 5Y*: 16.85%
• 10Y*: 18.09%

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)

GCGIX vs. VIGAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GCGIX Goldman Sachs Large Cap Growth Insights Fund	6.18%	15.51%	53.44%	37.56%	-29.62%	29.10%	32.21%	29.70%	-4.58%	29.75%
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 GCGIX and VIGAX is 0.98 - 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	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (10Y) Calculated over the trailing 10-year period	0.98
Correlation (All Time) Calculated using the full available price history since Nov 14, 2000	0.98

The correlation between GCGIX and VIGAX has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.

Return for Risk

GCGIX vs. VIGAX — Risk / Return Rank

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

GCGIX

GCGIX Risk / Return Rank: 24
GCGIX Sharpe Ratio Rank: 31
GCGIX Sortino Ratio Rank: 27
GCGIX Omega Ratio Rank: 29
GCGIX Calmar Ratio Rank: 16
GCGIX Martin Ratio Rank: 17

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.

GCGIX vs. VIGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Large Cap Growth Insights Fund (GCGIX) 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.

	GCGIX	VIGAX	Difference
Sharpe ratio: Return per unit of total volatility	1.59	1.92	-0.33
Sortino ratio: Return per unit of downside risk	2.17	2.59	-0.42
Omega ratio: Gain probability vs. loss probability	1.28	1.33	-0.05
Calmar ratio: Return relative to maximum drawdown	1.44	1.84	-0.40
Martin ratio: Return relative to average drawdown	4.71	6.49	-1.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GCGIX vs. VIGAX - Sharpe Ratio Comparison

The current GCGIX Sharpe Ratio is 1.59, which is comparable to the VIGAX Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of GCGIX 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

	GCGIX	VIGAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	1.92	-0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	0.71	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.84	0.86	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.48	-0.02

Drawdowns

GCGIX vs. VIGAX - Drawdown Comparison

The maximum GCGIX drawdown since its inception was -65.78%, which is greater than VIGAX's maximum drawdown of -50.66%. Use the drawdown chart below to compare losses from any high point for GCGIX and VIGAX.

Drawdown Indicators

	GCGIX	VIGAX	Difference
Max Drawdown Largest peak-to-trough decline	-65.78%	-50.66%	-15.12%
Max Drawdown (1Y) Largest decline over 1 year	-17.25%	-16.51%	-0.74%
Max Drawdown (3Y) Largest decline over 3 years	-25.10%	-23.04%	-2.06%
Max Drawdown (5Y) Largest decline over 5 years	-32.57%	-35.63%	+3.06%
Max Drawdown (10Y) Largest decline over 10 years	-32.94%	-35.63%	+2.69%
Current Drawdown Current decline from peak	-0.31%	-0.28%	-0.03%
Average Drawdown Average peak-to-trough decline	-20.82%	-11.96%	-8.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.25%	4.68%	+0.57%

Volatility

GCGIX vs. VIGAX - Volatility Comparison

The current volatility for Goldman Sachs Large Cap Growth Insights Fund (GCGIX) is 3.25%, while Vanguard Growth Index Fund Admiral Shares (VIGAX) has a volatility of 3.62%. This indicates that GCGIX 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

	GCGIX	VIGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.25%	3.62%	-0.37%
Volatility (6M) Calculated over the trailing 6-month period	11.81%	12.10%	-0.29%
Volatility (1Y) Calculated over the trailing 1-year period	15.66%	15.88%	-0.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.23%	22.35%	-0.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.55%	21.59%	-0.04%

GCGIX vs. VIGAX - Expense Ratio Comparison

GCGIX has a 0.54% expense ratio, which is higher than VIGAX's 0.05% expense ratio.

Dividends

GCGIX vs. VIGAX - Dividend Comparison

GCGIX's dividend yield for the trailing twelve months is around 7.06%, more than VIGAX's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GCGIX Goldman Sachs Large Cap Growth Insights Fund	7.06%	7.50%	23.16%	7.08%	19.27%	42.43%	9.71%	4.02%	10.10%	4.76%	0.76%	0.87%
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 GCGIX and VIGAX in my portfolio?

With a correlation of 0.98, GCGIX and VIGAX 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, GCGIX or VIGAX?

VIGAX has higher volatility (3.62%) compared to GCGIX (3.25%). In terms of maximum drawdown, GCGIX dropped -65.78% vs VIGAX's -50.66%.

Which has better risk-adjusted returns?

VIGAX currently has the higher Sharpe Ratio (1.92 vs 1.59), 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.