JLGIX vs. VFORX

Last updated Jun 3, 2026

JLGIX (JAG Large Cap Growth Fund) and VFORX (Vanguard Target Retirement 2040 Fund) are both mutual funds - JLGIX is a Large Cap Growth Equities fund managed by JAG Capital Management, while VFORX is a Target Retirement Date fund managed by Vanguard. Over the past 10 years, JLGIX returned 17.00%/yr vs 10.63%/yr for VFORX. Their correlation of 0.84 suggests significant overlap in exposure. JLGIX charges 1.26%/yr vs 0.08%/yr for VFORX.

Performance

JLGIX vs. VFORX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JAG Large Cap Growth Fund (JLGIX) and Vanguard Target Retirement 2040 Fund (VFORX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JLGIX achieves a 16.61% return, which is significantly higher than VFORX's 9.77% return. Over the past 10 years, JLGIX has outperformed VFORX with an annualized return of 17.00%, while VFORX has yielded a comparatively lower 10.63% annualized return.

JLGIX

• 1D: 0.51%
• 1M: 7.94%
• YTD: 16.61%
• 6M: 15.84%
• 1Y: 32.16%
• 3Y*: 28.01%
• 5Y*: 14.35%
• 10Y*: 17.00%

VFORX

• 1D: 0.22%
• 1M: 3.71%
• YTD: 9.77%
• 6M: 10.87%
• 1Y: 23.78%
• 3Y*: 17.16%
• 5Y*: 8.70%
• 10Y*: 10.63%

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

JLGIX vs. VFORX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JLGIX JAG Large Cap Growth Fund	16.61%	13.23%	36.53%	40.58%	-30.99%	15.30%	40.47%	21.10%	0.43%	34.90%
VFORX Vanguard Target Retirement 2040 Fund	9.77%	18.77%	12.90%	18.56%	-17.00%	14.55%	15.48%	23.86%	-7.32%	18.45%

Correlation

The correlation between JLGIX and VFORX is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Dec 23, 2011	0.84

The correlation between JLGIX and VFORX has been stable across timeframes, ranging from 0.81 to 0.85 - a consistent structural relationship.

Return for Risk

JLGIX vs. VFORX — Risk / Return Rank

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

JLGIX

JLGIX Risk / Return Rank: 37
JLGIX Sharpe Ratio Rank: 41
JLGIX Sortino Ratio Rank: 37
JLGIX Omega Ratio Rank: 38
JLGIX Calmar Ratio Rank: 32
JLGIX Martin Ratio Rank: 35

VFORX

VFORX Risk / Return Rank: 71
VFORX Sharpe Ratio Rank: 75
VFORX Sortino Ratio Rank: 72
VFORX Omega Ratio Rank: 70
VFORX Calmar Ratio Rank: 67
VFORX Martin Ratio Rank: 74

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.

JLGIX vs. VFORX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JAG Large Cap Growth Fund (JLGIX) and Vanguard Target Retirement 2040 Fund (VFORX). 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.

	JLGIX	VFORX	Difference
Sharpe ratio Return per unit of total volatility	1.89	2.51	-0.63
Sortino ratio Return per unit of downside risk	2.56	3.52	-0.96
Omega ratio Gain probability vs. loss probability	1.33	1.47	-0.14
Calmar ratio Return relative to maximum drawdown	2.17	3.16	-0.99
Martin ratio Return relative to average drawdown	7.92	13.96	-6.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JLGIX vs. VFORX - Sharpe Ratio Comparison

The current JLGIX Sharpe Ratio is 1.89, which is comparable to the VFORX Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of JLGIX and VFORX, 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

	JLGIX	VFORX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.89	2.51	-0.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.70	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	0.78	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.50	+0.27

Drawdowns

JLGIX vs. VFORX - Drawdown Comparison

The maximum JLGIX drawdown since its inception was -38.00%, smaller than the maximum VFORX drawdown of -51.63%. Use the drawdown chart below to compare losses from any high point for JLGIX and VFORX.

Drawdown Indicators

	JLGIX	VFORX	Difference
Max Drawdown Largest peak-to-trough decline	-38.00%	-51.63%	+13.63%
Max Drawdown (1Y) Largest decline over 1 year	-15.73%	-7.70%	-8.03%
Max Drawdown (3Y) Largest decline over 3 years	-24.90%	-12.12%	-12.78%
Max Drawdown (5Y) Largest decline over 5 years	-38.00%	-24.32%	-13.68%
Max Drawdown (10Y) Largest decline over 10 years	-38.00%	-29.35%	-8.65%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.02%	-6.77%	-0.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.31%	1.74%	+2.57%

Volatility

JLGIX vs. VFORX - Volatility Comparison

JAG Large Cap Growth Fund (JLGIX) has a higher volatility of 4.80% compared to Vanguard Target Retirement 2040 Fund (VFORX) at 2.99%. This indicates that JLGIX's price experiences larger fluctuations and is considered to be riskier than VFORX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JLGIX	VFORX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.80%	2.99%	+1.81%
Volatility (6M) Calculated over the trailing 6-month period	13.67%	7.78%	+5.89%
Volatility (1Y) Calculated over the trailing 1-year period	17.81%	9.73%	+8.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.97%	12.43%	+9.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.51%	13.68%	+8.83%

JLGIX vs. VFORX - Expense Ratio Comparison

JLGIX has a 1.26% expense ratio, which is higher than VFORX's 0.08% expense ratio.

Dividends

JLGIX vs. VFORX - Dividend Comparison

JLGIX's dividend yield for the trailing twelve months is around 25.19%, more than VFORX's 2.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JLGIX JAG Large Cap Growth Fund	25.19%	29.37%	16.00%	9.48%	1.57%	19.56%	13.06%	8.82%	14.57%	15.31%	6.07%	4.46%
VFORX Vanguard Target Retirement 2040 Fund	2.52%	2.77%	2.86%	2.38%	2.60%	20.68%	2.06%	2.28%	2.58%	0.04%	2.40%	2.99%

Frequently Asked Questions

Can I hold both JLGIX and VFORX in my portfolio?

JLGIX and VFORX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JLGIX or VFORX?

JLGIX has higher volatility (4.80%) compared to VFORX (2.99%). In terms of maximum drawdown, JLGIX dropped -38.00% vs VFORX's -51.63%.

Which has better risk-adjusted returns?

VFORX currently has the higher Sharpe Ratio (2.51 vs 1.89), 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.