GDIV vs. VIGIX

Last updated Apr 1, 2026

Compare and contrast key facts about Harbor Dividend Growth Leaders ETF (GDIV) and Vanguard Growth Index Fund Institutional Shares (VIGIX).

GDIV is an actively managed fund by Harbor. It was launched on Jul 26, 2013. VIGIX is managed by Vanguard. It was launched on May 14, 1998.

Performance

GDIV vs. VIGIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Dividend Growth Leaders ETF (GDIV) and Vanguard Growth Index Fund Institutional Shares (VIGIX). The values are adjusted to include any dividend payments, if applicable.

GDIV vs. VIGIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GDIV Harbor Dividend Growth Leaders ETF	-0.04%	10.81%	14.83%	16.45%	-1.53%
VIGIX Vanguard Growth Index Fund Institutional Shares	-13.83%	19.44%	32.68%	46.77%	-7.96%

Returns By Period

In the year-to-date period, GDIV achieves a -0.04% return, which is significantly higher than VIGIX's -13.83% return.

GDIV

• 1D: 2.02%
• 1M: -6.55%
• YTD: -0.04%
• 6M: 3.54%
• 1Y: 15.94%
• 3Y*: 13.25%
• 5Y*: —
• 10Y*: —

VIGIX

• 1D: -0.57%
• 1M: -8.83%
• YTD: -13.83%
• 6M: -12.31%
• 1Y: 13.73%
• 3Y*: 19.57%
• 5Y*: 10.94%
• 10Y*: 15.58%

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

GDIV vs. VIGIX - Expense Ratio Comparison

GDIV has a 0.50% expense ratio, which is higher than VIGIX's 0.04% expense ratio.

GDIV

Harbor Dividend Growth Leaders ETF

VIGIX

Vanguard Growth Index Fund Institutional Shares

Return for Risk

GDIV vs. VIGIX — Risk / Return Rank

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

GDIV

GDIV Risk / Return Rank: 56
GDIV Sharpe Ratio Rank: 53
GDIV Sortino Ratio Rank: 55
GDIV Omega Ratio Rank: 57
GDIV Calmar Ratio Rank: 55
GDIV Martin Ratio Rank: 60

VIGIX

VIGIX Risk / Return Rank: 26
VIGIX Sharpe Ratio Rank: 26
VIGIX Sortino Ratio Rank: 30
VIGIX Omega Ratio Rank: 29
VIGIX Calmar Ratio Rank: 23
VIGIX Martin Ratio Rank: 22

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.

GDIV vs. VIGIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Dividend Growth Leaders ETF (GDIV) and Vanguard Growth Index Fund Institutional Shares (VIGIX). 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.

	GDIV	VIGIX	Difference
Sharpe ratio Return per unit of total volatility	0.93	0.61	+0.32
Sortino ratio Return per unit of downside risk	1.42	1.04	+0.37
Omega ratio Gain probability vs. loss probability	1.21	1.15	+0.06
Calmar ratio Return relative to maximum drawdown	1.37	0.66	+0.71
Martin ratio Return relative to average drawdown	5.89	2.38	+3.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GDIV vs. VIGIX - Sharpe Ratio Comparison

The current GDIV Sharpe Ratio is 0.93, which is higher than the VIGIX Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of GDIV and VIGIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GDIV	VIGIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	0.61	+0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.49	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.43	+0.24

Correlation

The correlation between GDIV and VIGIX is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

GDIV vs. VIGIX - Dividend Comparison

GDIV's dividend yield for the trailing twelve months is around 1.19%, more than VIGIX's 0.47% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GDIV Harbor Dividend Growth Leaders ETF	1.19%	1.19%	1.30%	2.27%	5.88%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VIGIX Vanguard Growth Index Fund Institutional Shares	0.47%	0.41%	0.47%	0.58%	0.70%	0.48%	0.66%	0.95%	1.32%	1.15%	1.40%	1.31%

Drawdowns

GDIV vs. VIGIX - Drawdown Comparison

The maximum GDIV drawdown since its inception was -18.93%, smaller than the maximum VIGIX drawdown of -56.95%. Use the drawdown chart below to compare losses from any high point for GDIV and VIGIX.

Drawdown Indicators

	GDIV	VIGIX	Difference
Max Drawdown Largest peak-to-trough decline	-18.93%	-56.95%	+38.02%
Max Drawdown (1Y) Largest decline over 1 year	-12.18%	-16.51%	+4.33%
Max Drawdown (5Y) Largest decline over 5 years	—	-35.62%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.62%	—
Current Drawdown Current decline from peak	-7.85%	-16.51%	+8.66%
Average Drawdown Average peak-to-trough decline	-3.26%	-16.36%	+13.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	4.56%	-1.72%

Volatility

GDIV vs. VIGIX - Volatility Comparison

The current volatility for Harbor Dividend Growth Leaders ETF (GDIV) is 4.89%, while Vanguard Growth Index Fund Institutional Shares (VIGIX) has a volatility of 5.52%. This indicates that GDIV experiences smaller price fluctuations and is considered to be less risky than VIGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GDIV	VIGIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.89%	5.52%	-0.63%
Volatility (6M) Calculated over the trailing 6-month period	9.19%	12.10%	-2.91%
Volatility (1Y) Calculated over the trailing 1-year period	17.17%	22.69%	-5.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.40%	22.30%	-6.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.40%	21.49%	-6.09%