MOD vs. VUG

Last updated Jun 13, 2026

MOD (Modine Manufacturing Company) is a stock, while VUG (Vanguard Growth ETF) is Large Cap Growth Equities fund tracking the CRSP US Large Cap Growth Index. Over the past 10 years, MOD returned 39.93%/yr vs 17.90%/yr for VUG. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

MOD vs. VUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Modine Manufacturing Company (MOD) and Vanguard Growth ETF (VUG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MOD achieves a 105.60% return, which is significantly higher than VUG's 4.99% return. Over the past 10 years, MOD has outperformed VUG with an annualized return of 39.93%, while VUG has yielded a comparatively lower 17.90% annualized return.

MOD

• 1D: 1.10%
• 1M: 1.19%
• YTD: 105.60%
• 6M: 96.24%
• 1Y: 192.89%
• 3Y*: 103.03%
• 5Y*: 73.98%
• 10Y*: 39.93%

VUG

• 1D: 0.18%
• 1M: -2.47%
• YTD: 4.99%
• 6M: 5.66%
• 1Y: 22.83%
• 3Y*: 23.38%
• 5Y*: 13.78%
• 10Y*: 17.90%

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

MOD vs. VUG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MOD Modine Manufacturing Company	105.60%	15.16%	94.19%	200.60%	96.83%	-19.67%	63.12%	-28.77%	-46.49%	35.57%
VUG Vanguard Growth ETF	4.99%	19.40%	32.69%	46.83%	-33.16%	27.35%	40.25%	37.03%	-3.32%	27.72%

Correlation

The correlation between MOD and VUG is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (10Y) Calculated over the trailing 10-year period	0.42
Correlation (All Time) Calculated using the full available price history since Jan 30, 2004	0.52

The correlation between MOD and VUG has been stable across timeframes, ranging from 0.42 to 0.52 - a consistent structural relationship.

Return for Risk

MOD vs. VUG — Risk / Return Rank

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

MOD

MOD Risk / Return Rank: 93
MOD Sharpe Ratio Rank: 95
MOD Sortino Ratio Rank: 90
MOD Omega Ratio Rank: 90
MOD Calmar Ratio Rank: 95
MOD Martin Ratio Rank: 96

VUG

VUG Risk / Return Rank: 36
VUG Sharpe Ratio Rank: 41
VUG Sortino Ratio Rank: 38
VUG Omega Ratio Rank: 40
VUG Calmar Ratio Rank: 30
VUG Martin Ratio Rank: 33

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.

MOD vs. VUG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Modine Manufacturing Company (MOD) and Vanguard Growth ETF (VUG). 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.

	MOD	VUG	Difference
Sharpe ratio: Return per unit of total volatility	2.76	1.29	+1.46
Sortino ratio: Return per unit of downside risk	3.06	1.78	+1.28
Omega ratio: Gain probability vs. loss probability	1.40	1.23	+0.17
Calmar ratio: Return relative to maximum drawdown	6.68	1.29	+5.39
Martin ratio: Return relative to average drawdown	19.05	4.43	+14.63

MOD vs. VUG - Sharpe Ratio Comparison

The current MOD Sharpe Ratio is 2.76, which is higher than the VUG Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of MOD and VUG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MOD vs. VUG - Drawdown Comparison

The maximum MOD drawdown since its inception was -97.53%, which is greater than VUG's maximum drawdown of -50.68%. Use the drawdown chart below to compare losses from any high point for MOD and VUG.

Drawdown Indicators

	MOD	VUG	Difference
Max Drawdown Largest peak-to-trough decline	-97.53%	-50.68%	-46.85%
Max Drawdown (1Y) Largest decline over 1 year	-27.55%	-16.53%	-11.02%
Max Drawdown (3Y) Largest decline over 3 years	-51.61%	-22.85%	-28.76%
Max Drawdown (5Y) Largest decline over 5 years	-56.14%	-35.61%	-20.53%
Max Drawdown (10Y) Largest decline over 10 years	-88.13%	-35.61%	-52.52%
Current Drawdown Current decline from peak	-10.55%	-5.56%	-4.99%
Average Drawdown Average peak-to-trough decline	-37.66%	-7.09%	-30.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.64%	4.79%	+4.85%

Volatility

MOD vs. VUG - Volatility Comparison

Modine Manufacturing Company (MOD) has a higher volatility of 25.85% compared to Vanguard Growth ETF (VUG) at 5.73%. This indicates that MOD's price experiences larger fluctuations and is considered to be riskier than VUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MOD	VUG	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.85%	5.73%	+20.12%
Volatility (6M) Calculated over the trailing 6-month period	52.74%	13.00%	+39.74%
Volatility (1Y) Calculated over the trailing 1-year period	66.82%	16.46%	+50.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.36%	22.30%	+38.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.84%	21.48%	+37.36%

Dividends

MOD vs. VUG - Dividend Comparison

MOD has not paid dividends to shareholders, while VUG's dividend yield for the trailing twelve months is around 0.39%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MOD Modine Manufacturing Company	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VUG Vanguard Growth ETF	0.39%	0.41%	0.47%	0.58%	0.70%	0.48%	0.66%	0.95%	1.32%	1.14%	1.39%	1.30%

Frequently Asked Questions

Can I hold both MOD and VUG in my portfolio?

MOD and VUG 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.

Which is riskier, MOD or VUG?

MOD has higher volatility (25.85%) compared to VUG (5.73%). In terms of maximum drawdown, MOD dropped -97.53% vs VUG's -50.68%.

Which has better risk-adjusted returns?

MOD currently has the higher Sharpe Ratio (2.75 vs 1.29), 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.