PSGIX vs. VISGX

Last updated Jun 24, 2026

PSGIX (BlackRock Advantage Small Cap Growth Fund) and VISGX (Vanguard Small Cap Growth Index Fund) are both Small Cap Growth Equities funds. Over the past 10 years, PSGIX returned 13.16%/yr vs 12.05%/yr for VISGX. With a 0.95 correlation, they move nearly in lockstep. PSGIX charges 0.50%/yr vs 0.19%/yr for VISGX.

Performance

PSGIX vs. VISGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Advantage Small Cap Growth Fund (PSGIX) and Vanguard Small Cap Growth Index Fund (VISGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSGIX achieves a 24.15% return, which is significantly higher than VISGX's 18.66% return. Over the past 10 years, PSGIX has outperformed VISGX with an annualized return of 13.16%, while VISGX has yielded a comparatively lower 12.05% annualized return.

PSGIX

• 1D: 1.32%
• 1M: 6.02%
• YTD: 24.15%
• 6M: 20.63%
• 1Y: 46.55%
• 3Y*: 21.61%
• 5Y*: 6.75%
• 10Y*: 13.16%

VISGX

• 1D: 0.30%
• 1M: 3.09%
• YTD: 18.66%
• 6M: 15.65%
• 1Y: 32.31%
• 3Y*: 18.02%
• 5Y*: 4.96%
• 10Y*: 12.05%

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

PSGIX vs. VISGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSGIX BlackRock Advantage Small Cap Growth Fund	24.15%	15.24%	14.07%	18.73%	-24.93%	2.95%	33.47%	33.92%	-5.01%	14.19%
VISGX Vanguard Small Cap Growth Index Fund	18.66%	8.18%	14.80%	22.91%	-28.50%	5.58%	35.11%	32.60%	-5.81%	21.78%

Correlation

The correlation between PSGIX and VISGX is 0.96 - 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	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (10Y) Calculated over the trailing 10-year period	0.97
Correlation (All Time) Calculated using the full available price history since May 21, 1998	0.95

The correlation between PSGIX and VISGX has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

Return for Risk

PSGIX vs. VISGX — Risk / Return Rank

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

PSGIX

PSGIX Risk / Return Rank: 64
PSGIX Sharpe Ratio Rank: 64
PSGIX Sortino Ratio Rank: 54
PSGIX Omega Ratio Rank: 49
PSGIX Calmar Ratio Rank: 80
PSGIX Martin Ratio Rank: 73

VISGX

VISGX Risk / Return Rank: 45
VISGX Sharpe Ratio Rank: 37
VISGX Sortino Ratio Rank: 34
VISGX Omega Ratio Rank: 32
VISGX Calmar Ratio Rank: 63
VISGX Martin Ratio Rank: 58

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.

PSGIX vs. VISGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage Small Cap Growth Fund (PSGIX) and Vanguard Small Cap Growth Index Fund (VISGX). 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.

	PSGIX	VISGX	Difference
Sharpe ratio: Return per unit of total volatility	2.15	1.64	+0.51
Sortino ratio: Return per unit of downside risk	2.84	2.28	+0.56
Omega ratio: Gain probability vs. loss probability	1.35	1.28	+0.07
Calmar ratio: Return relative to maximum drawdown	3.49	2.92	+0.56
Martin ratio: Return relative to average drawdown	12.99	10.93	+2.06

PSGIX vs. VISGX - Sharpe Ratio Comparison

The current PSGIX Sharpe Ratio is 2.15, which is higher than the VISGX Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of PSGIX and VISGX, 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

PSGIX vs. VISGX - Drawdown Comparison

The maximum PSGIX drawdown since its inception was -77.50%, which is greater than VISGX's maximum drawdown of -58.74%. Use the drawdown chart below to compare losses from any high point for PSGIX and VISGX.

Drawdown Indicators

	PSGIX	VISGX	Difference
Max Drawdown Largest peak-to-trough decline	-77.50%	-58.74%	-18.76%
Max Drawdown (1Y) Largest decline over 1 year	-13.74%	-11.39%	-2.35%
Max Drawdown (3Y) Largest decline over 3 years	-27.77%	-27.58%	-0.19%
Max Drawdown (5Y) Largest decline over 5 years	-40.55%	-38.41%	-2.14%
Max Drawdown (10Y) Largest decline over 10 years	-41.59%	-38.70%	-2.89%
Current Drawdown Current decline from peak	0.00%	-0.01%	+0.01%
Average Drawdown Average peak-to-trough decline	-25.22%	-11.59%	-13.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.68%	3.04%	+0.64%

Volatility

PSGIX vs. VISGX - Volatility Comparison

BlackRock Advantage Small Cap Growth Fund (PSGIX) has a higher volatility of 7.68% compared to Vanguard Small Cap Growth Index Fund (VISGX) at 6.94%. This indicates that PSGIX's price experiences larger fluctuations and is considered to be riskier than VISGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSGIX	VISGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.68%	6.94%	+0.74%
Volatility (6M) Calculated over the trailing 6-month period	16.89%	15.80%	+1.09%
Volatility (1Y) Calculated over the trailing 1-year period	22.31%	20.32%	+1.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.62%	23.70%	+0.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.47%	23.06%	+1.41%

PSGIX vs. VISGX - Expense Ratio Comparison

PSGIX has a 0.50% expense ratio, which is higher than VISGX's 0.19% expense ratio.

Dividends

PSGIX vs. VISGX - Dividend Comparison

PSGIX's dividend yield for the trailing twelve months is around 0.09%, less than VISGX's 0.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSGIX BlackRock Advantage Small Cap Growth Fund	0.09%	0.11%	0.25%	0.25%	0.47%	18.37%	5.36%	5.37%	24.24%	11.12%	0.05%	6.08%
VISGX Vanguard Small Cap Growth Index Fund	0.34%	0.33%	0.42%	0.56%	0.46%	0.23%	0.35%	0.47%	0.65%	0.71%	0.97%	0.84%

Frequently Asked Questions

Can I hold both PSGIX and VISGX in my portfolio?

With a correlation of 0.96, PSGIX and VISGX 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, PSGIX or VISGX?

PSGIX has higher volatility (7.68%) compared to VISGX (6.94%). In terms of maximum drawdown, PSGIX dropped -77.50% vs VISGX's -58.74%.

Which has better risk-adjusted returns?

PSGIX currently has the higher Sharpe Ratio (2.15 vs 1.64), 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.