TKNO vs. VIGIX

Last updated Jul 14, 2026

TKNO (Alpha Teknova, Inc.) is a stock, while VIGIX (Vanguard Growth Index Fund Institutional Shares) is Large Cap Growth Equities fund tracking the CRSP US Large Cap Growth Index. Over the past 5 years, TKNO returned -24.55%/yr vs 12.95%/yr for VIGIX. At a 0.25 correlation, their price movements are largely independent.

Performance

TKNO vs. VIGIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpha Teknova, Inc. (TKNO) and Vanguard Growth Index Fund Institutional Shares (VIGIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TKNO achieves a 42.37% return, which is significantly higher than VIGIX's 7.72% return.

TKNO

• 1D: 0.93%
• 1M: 28.81%
• 6M: 30.36%
• YTD: 42.37%
• 1Y: 12.47%
• 3Y*: 15.40%
• 5Y*: -24.55%
• 10Y*: —

VIGIX

• 1D: 0.47%
• 1M: 2.56%
• 6M: 6.73%
• YTD: 7.72%
• 1Y: 19.23%
• 3Y*: 23.65%
• 5Y*: 12.95%
• 10Y*: 17.79%

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

TKNO vs. VIGIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TKNO Alpha Teknova, Inc.	42.37%	-54.49%	123.86%	-33.87%	-72.46%	-1.16%
VIGIX Vanguard Growth Index Fund Institutional Shares	7.72%	19.44%	32.68%	46.77%	-33.13%	13.39%

Correlation

The correlation between TKNO and VIGIX is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (All Time) Calculated using the full available price history since Jun 25, 2021	0.25

Return for Risk

TKNO vs. VIGIX — Risk / Return Rank

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

TKNO

TKNO Risk / Return Rank: 52
TKNO Sharpe Ratio Rank: 51
TKNO Sortino Ratio Rank: 57
TKNO Omega Ratio Rank: 53
TKNO Calmar Ratio Rank: 50
TKNO Martin Ratio Rank: 49

VIGIX

VIGIX Risk / Return Rank: 24
VIGIX Sharpe Ratio Rank: 27
VIGIX Sortino Ratio Rank: 26
VIGIX Omega Ratio Rank: 26
VIGIX Calmar Ratio Rank: 19
VIGIX Martin Ratio Rank: 21

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.

TKNO vs. VIGIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Teknova, Inc. (TKNO) and Vanguard Growth Index Fund Institutional Shares (VIGIX). 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.

	TKNO	VIGIX	Difference
Sharpe ratio: Return per unit of total volatility	0.15	1.12	-0.96
Sortino ratio: Return per unit of downside risk	0.88	1.59	-0.71
Omega ratio: Gain probability vs. loss probability	1.10	1.20	-0.10
Calmar ratio: Return relative to maximum drawdown	0.18	1.16	-0.98
Martin ratio: Return relative to average drawdown	0.34	3.85	-3.51

TKNO vs. VIGIX - Sharpe Ratio Comparison

The current TKNO Sharpe Ratio is 0.15, which is lower than the VIGIX Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of TKNO and VIGIX, 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

TKNO vs. VIGIX - Drawdown Comparison

The maximum TKNO drawdown since its inception was -95.71%, which is greater than VIGIX's maximum drawdown of -56.95%. Use the drawdown chart below to compare losses from any high point for TKNO and VIGIX.

Drawdown Indicators

	TKNO	VIGIX	Difference
Max Drawdown Largest peak-to-trough decline	-95.71%	-56.95%	-38.76%
Max Drawdown (1Y) Largest decline over 1 year	-68.76%	-16.51%	-52.25%
Max Drawdown (3Y) Largest decline over 3 years	-79.61%	-23.03%	-56.58%
Max Drawdown (5Y) Largest decline over 5 years	-95.63%	-35.62%	-60.01%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.62%	—
Current Drawdown Current decline from peak	-80.66%	-3.08%	-77.58%
Average Drawdown Average peak-to-trough decline	-75.07%	-16.23%	-58.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	37.11%	4.96%	+32.15%

Volatility

TKNO vs. VIGIX - Volatility Comparison

Alpha Teknova, Inc. (TKNO) has a higher volatility of 21.25% compared to Vanguard Growth Index Fund Institutional Shares (VIGIX) at 6.43%. This indicates that TKNO's price experiences larger fluctuations and is considered to be riskier than VIGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TKNO	VIGIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.25%	6.43%	+14.82%
Volatility (6M) Calculated over the trailing 6-month period	62.61%	13.81%	+48.80%
Volatility (1Y) Calculated over the trailing 1-year period	81.50%	17.11%	+64.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	93.44%	22.54%	+70.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.89%	21.64%	+72.25%

Dividends

TKNO vs. VIGIX - Dividend Comparison

TKNO has not paid dividends to shareholders, while VIGIX'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
TKNO Alpha Teknova, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VIGIX Vanguard Growth Index Fund Institutional Shares	0.39%	0.41%	0.47%	0.58%	0.70%	0.48%	0.66%	0.95%	1.32%	1.15%	1.40%	1.31%

Frequently Asked Questions

Can I hold both TKNO and VIGIX in my portfolio?

TKNO and VIGIX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TKNO or VIGIX?

TKNO has higher volatility (21.25%) compared to VIGIX (6.43%). In terms of maximum drawdown, TKNO dropped -95.71% vs VIGIX's -56.95%.

Which has better risk-adjusted returns?

VIGIX currently has the higher Sharpe Ratio (1.12 vs 0.15), 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.