TGCEX vs. VPMCX

Last updated Aug 1, 2026

TGCEX (TCW Select Equities Fund) and VPMCX (Vanguard PRIMECAP Fund Investor Shares) are both Large Cap Growth Equities funds. Over the past 10 years, TGCEX returned 14.83%/yr vs 16.58%/yr for VPMCX. Their correlation of 0.87 means they have usually moved in the same direction. TGCEX charges 0.77%/yr vs 0.35%/yr for VPMCX.

Performance

TGCEX vs. VPMCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TCW Select Equities Fund (TGCEX) and Vanguard PRIMECAP Fund Investor Shares (VPMCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TGCEX achieves a 0.07% return, which is significantly lower than VPMCX's 20.64% return. Over the past 10 years, TGCEX has underperformed VPMCX with an annualized return of 14.83%, while VPMCX has yielded a comparatively higher 16.58% annualized return.

TGCEX

• 1D: 2.15%
• 1M: -1.25%
• 6M: 1.42%
• YTD: 0.07%
• 1Y: 1.96%
• 3Y*: 16.21%
• 5Y*: 6.75%
• 10Y*: 14.83%
• ALL TIME*: 8.67%

VPMCX

• 1D: 2.95%
• 1M: -3.98%
• 6M: 14.62%
• YTD: 20.64%
• 1Y: 46.99%
• 3Y*: 23.35%
• 5Y*: 14.81%
• 10Y*: 16.58%
• ALL TIME*: 15.25%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TGCEX TCW Select Equities Fund	$0.00	$0.00	$0.00
VPMCX Vanguard PRIMECAP Fund Investor Shares	$0.00	$0.00	$0.00

TGCEX vs. VPMCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TGCEX TCW Select Equities Fund	0.07%	10.77%	30.65%	44.34%	-36.51%	25.84%	39.32%	36.03%	2.42%	32.85%
VPMCX Vanguard PRIMECAP Fund Investor Shares	20.64%	29.60%	13.23%	28.16%	-15.22%	21.64%	17.16%	27.78%	-1.99%	28.17%

Correlation

The correlation between TGCEX and VPMCX is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.69
Correlation (3Y) Balances recent behavior with more history.	0.75
Correlation (5Y) Shows whether the relationship held over a longer period.	0.82
Correlation (10Y) Provides a long-term view across more market conditions.	0.82
Correlation (All Time) Calculated using the full available price history since Jan 3, 1994	0.87

The correlation between TGCEX and VPMCX shifts across timeframes, from 0.69 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TGCEX vs. VPMCX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TGCEX

TGCEX Risk / Return Rank: 4
TGCEX Sharpe Ratio Rank: 4
TGCEX Sortino Ratio Rank: 4
TGCEX Omega Ratio Rank: 4
TGCEX Calmar Ratio Rank: 4
TGCEX Martin Ratio Rank: 4

VPMCX

VPMCX Risk / Return Rank: 90
VPMCX Sharpe Ratio Rank: 91
VPMCX Sortino Ratio Rank: 87
VPMCX Omega Ratio Rank: 84
VPMCX Calmar Ratio Rank: 93
VPMCX Martin Ratio Rank: 94

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TGCEX vs. VPMCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Select Equities Fund (TGCEX) and Vanguard PRIMECAP Fund Investor Shares (VPMCX). 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.

	TGCEX	VPMCX	Difference
Sharpe ratio: Return per unit of total volatility	-0.01	2.28	-2.29
Sortino ratio: Return per unit of downside risk	0.11	3.12	-3.01
Omega ratio: Gain probability vs. loss probability	1.01	1.40	-0.39
Calmar ratio: Return relative to maximum drawdown	-0.01	3.71	-3.72
Martin ratio: Return relative to average drawdown	-0.02	13.96	-13.98

TGCEX vs. VPMCX - Sharpe Ratio Comparison

The current TGCEX Sharpe Ratio is -0.01, which is lower than the VPMCX Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of TGCEX and VPMCX, 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

TGCEX vs. VPMCX - Drawdown Comparison

The maximum TGCEX drawdown since its inception was -63.61%, which is greater than VPMCX's maximum drawdown of -50.45%. Use the drawdown chart below to compare losses from any high point for TGCEX and VPMCX.

Drawdown Indicators

	TGCEX	VPMCX	Difference
Max Drawdown Largest peak-to-trough decline	-63.61%	-50.45%	-13.16%
Max Drawdown (1Y) Largest decline over 1 year	-20.31%	-11.73%	-8.58%
Max Drawdown (3Y) Largest decline over 3 years	-22.62%	-20.56%	-2.06%
Max Drawdown (5Y) Largest decline over 5 years	-42.96%	-25.25%	-17.71%
Max Drawdown (10Y) Largest decline over 10 years	-42.96%	-32.65%	-10.31%
Current Drawdown Current decline from peak	-6.50%	-7.53%	+1.03%
Average Drawdown Average peak-to-trough decline	-16.64%	-7.39%	-9.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.58%	3.12%	+4.46%

Volatility

TGCEX vs. VPMCX - Volatility Comparison

The current volatility for TCW Select Equities Fund (TGCEX) is 4.71%, while Vanguard PRIMECAP Fund Investor Shares (VPMCX) has a volatility of 6.29%. This indicates that TGCEX experiences smaller price fluctuations and is considered to be less risky than VPMCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TGCEX	VPMCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.71%	6.29%	-1.58%
Volatility (6M) Calculated over the trailing 6-month period	13.97%	16.18%	-2.21%
Volatility (1Y) Calculated over the trailing 1-year period	17.67%	19.07%	-1.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.29%	18.81%	+4.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.57%	19.39%	+3.18%

TGCEX vs. VPMCX - Expense Ratio Comparison

TGCEX has a 0.77% expense ratio, which is higher than VPMCX's 0.35% expense ratio.

Dividends

TGCEX vs. VPMCX - Dividend Comparison

TGCEX's dividend yield for the trailing twelve months is around 12.58%, less than VPMCX's 13.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TGCEX TCW Select Equities Fund	12.58%	12.58%	15.71%	12.24%	20.14%	12.87%	7.11%	9.06%	16.70%	26.37%	6.68%	7.52%
VPMCX Vanguard PRIMECAP Fund Investor Shares	13.56%	16.36%	6.62%	7.16%	9.85%	10.08%	9.74%	7.15%	8.32%	4.53%	5.05%	5.91%

Frequently Asked Questions

Can I hold both TGCEX and VPMCX in my portfolio?

TGCEX and VPMCX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TGCEX or VPMCX?

VPMCX has higher volatility (6.29%) compared to TGCEX (4.71%). In terms of maximum drawdown, TGCEX dropped -63.61% vs VPMCX's -50.45%.

Which has better risk-adjusted returns?

VPMCX currently has the higher Sharpe Ratio (2.28 vs -0.01), 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.