MOON vs. VIGAX

Last updated Apr 2, 2026

Compare and contrast key facts about Direxion Moonshot Innovators ETF (MOON) and Vanguard Growth Index Fund Admiral Shares (VIGAX).

MOON is a passively managed fund by Direxion that tracks the performance of the S&P Kensho Moonshots Index. It was launched on Nov 12, 2020. VIGAX is managed by Vanguard. It was launched on Nov 13, 2000.

Performance

MOON vs. VIGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Moonshot Innovators ETF (MOON) and Vanguard Growth Index Fund Admiral Shares (VIGAX). The values are adjusted to include any dividend payments, if applicable.

MOON vs. VIGAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MOON Direxion Moonshot Innovators ETF	0.00%	0.00%	-8.56%	9.85%	-61.07%	-13.78%	24.70%
VIGAX Vanguard Growth Index Fund Admiral Shares	-10.40%	19.43%	32.67%	46.76%	-33.14%	27.26%	7.48%

Returns By Period

MOON

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VIGAX

• 1D: 3.99%
• 1M: -5.48%
• YTD: -10.40%
• 6M: -9.20%
• 1Y: 17.18%
• 3Y*: 21.13%
• 5Y*: 11.42%
• 10Y*: 16.02%

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

MOON vs. VIGAX - Expense Ratio Comparison

MOON has a 0.65% expense ratio, which is higher than VIGAX's 0.05% expense ratio.

MOON

Direxion Moonshot Innovators ETF

VIGAX

Vanguard Growth Index Fund Admiral Shares

Return for Risk

MOON vs. VIGAX — Risk / Return Rank

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

VIGAX

VIGAX Risk / Return Rank: 38
VIGAX Sharpe Ratio Rank: 34
VIGAX Sortino Ratio Rank: 40
VIGAX Omega Ratio Rank: 38
VIGAX Calmar Ratio Rank: 42
VIGAX Martin Ratio Rank: 37

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.

MOON vs. VIGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Moonshot Innovators ETF (MOON) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MOON	VIGAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.80	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.51	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.44	—

Correlation

The correlation between MOON and VIGAX is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

MOON vs. VIGAX - Dividend Comparison

MOON has not paid dividends to shareholders, while VIGAX's dividend yield for the trailing twelve months is around 0.44%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MOON Direxion Moonshot Innovators ETF	0.00%	0.00%	0.62%	1.41%	0.00%	1.64%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VIGAX Vanguard Growth Index Fund Admiral Shares	0.44%	0.40%	0.46%	0.57%	0.69%	0.47%	0.66%	0.94%	1.31%	1.14%	1.39%	1.31%

Drawdowns

Drawdown Indicators

	MOON	VIGAX	Difference
Max Drawdown Largest peak-to-trough decline	—	-50.66%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-16.51%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.63%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.63%	—
Current Drawdown Current decline from peak	—	-13.18%	—
Average Drawdown Average peak-to-trough decline	—	-12.02%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.64%	—

Volatility

Volatility by Period

	MOON	VIGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.01%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.73%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	22.99%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	22.36%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	21.53%	—