VBMFX vs. VIGAX
VBMFX (Vanguard Total Bond Market Index Fund Investor Shares) and VIGAX (Vanguard Growth Index Fund Admiral Shares) are both mutual funds - VBMFX is a Intermediate Core Bond fund tracking the Bloomberg U.S. Aggregate Float Adjusted Bond Index, while VIGAX is a Large Cap Growth Equities fund tracking the CRSP US Large Cap Growth Index. Both are passively managed. Over the past 10 years, VBMFX returned 1.18%/yr vs 17.14%/yr for VIGAX. Their -0.17 correlation means they have often moved in opposite directions in the past. VBMFX charges 0.15%/yr vs 0.05%/yr for VIGAX.
Performance
VBMFX vs. VIGAX - Performance Comparison
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Returns By Period
In the year-to-date period, VBMFX achieves a -0.76% return, which is significantly lower than VIGAX's 3.80% return. Over the past 10 years, VBMFX has underperformed VIGAX with an annualized return of 1.18%, while VIGAX has yielded a comparatively higher 17.14% annualized return.
VBMFX
- 1D
- 0.00%
- 1M
- -1.25%
- 6M
- -0.98%
- YTD
- -0.76%
- 1Y
- 1.56%
- 3Y*
- 3.58%
- 5Y*
- -0.55%
- 10Y*
- 1.18%
- ALL TIME*
- 4.28%
VIGAX
- 1D
- 2.71%
- 1M
- -1.61%
- 6M
- 5.19%
- YTD
- 3.80%
- 1Y
- 14.04%
- 3Y*
- 20.59%
- 5Y*
- 11.90%
- 10Y*
- 17.14%
- ALL TIME*
- 9.56%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
VBMFX vs. VIGAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VBMFX Vanguard Total Bond Market Index Fund Investor Shares | -0.76% | 7.05% | 1.15% | 5.62% | -13.25% | -2.04% | 7.63% | 8.61% | -0.34% | 3.45% |
VIGAX Vanguard Growth Index Fund Admiral Shares | 3.80% | 19.43% | 32.67% | 46.76% | -33.14% | 27.26% | 40.18% | 37.23% | -3.35% | 27.80% |
Correlation
The correlation between VBMFX and VIGAX is 0.25, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.25 |
Correlation (3Y) Balances recent behavior with more history. | 0.14 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.14 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.03 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2000 | -0.17 |
The correlation between VBMFX and VIGAX shifts across timeframes, from -0.17 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VBMFX vs. VIGAX — Risk / Return Rank
VBMFX
VIGAX
VBMFX vs. VIGAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market Index Fund Investor Shares (VBMFX) 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.
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.
| VBMFX | VIGAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.12 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.95 | 0.71 | +0.24 |
| Martin ratioReturn relative to average drawdown | 2.35 | 2.26 | +0.10 |
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Drawdowns
VBMFX vs. VIGAX - Drawdown Comparison
The maximum VBMFX drawdown since its inception was -19.08%, smaller than the maximum VIGAX drawdown of -50.66%. Use the drawdown chart below to compare losses from any high point for VBMFX and VIGAX.
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Drawdown Indicators
| VBMFX | VIGAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.08% | -50.66% | +31.58% |
Max Drawdown (1Y)Largest decline over 1 year | -2.91% | -16.51% | +13.60% |
Max Drawdown (3Y)Largest decline over 3 years | -4.88% | -23.04% | +18.16% |
Max Drawdown (5Y)Largest decline over 5 years | -18.24% | -35.63% | +17.39% |
Max Drawdown (10Y)Largest decline over 10 years | -19.08% | -35.63% | +16.55% |
Current DrawdownCurrent decline from peak | -4.00% | -6.60% | +2.60% |
Average DrawdownAverage peak-to-trough decline | -2.70% | -11.92% | +9.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.17% | 5.16% | -3.99% |
Volatility
VBMFX vs. VIGAX - Volatility Comparison
The current volatility for Vanguard Total Bond Market Index Fund Investor Shares (VBMFX) is 0.96%, while Vanguard Growth Index Fund Admiral Shares (VIGAX) has a volatility of 5.41%. This indicates that VBMFX experiences smaller price fluctuations and is considered to be less risky than VIGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VBMFX | VIGAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.96% | 5.41% | -4.45% |
Volatility (6M)Calculated over the trailing 6-month period | 2.96% | 14.24% | -11.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.82% | 17.76% | -13.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.01% | 22.62% | -16.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.97% | 21.69% | -16.72% |
VBMFX vs. VIGAX - Expense Ratio Comparison
VBMFX has a 0.15% expense ratio, which is higher than VIGAX's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VBMFX vs. VIGAX - Dividend Comparison
VBMFX's dividend yield for the trailing twelve months is around 3.61%, more than VIGAX's 0.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBMFX Vanguard Total Bond Market Index Fund Investor Shares | 3.61% | 3.76% | 3.57% | 2.99% | 2.49% | 1.72% | 2.31% | 2.63% | 2.47% | 2.45% | 2.43% | 2.71% |
VIGAX Vanguard Growth Index Fund Admiral Shares | 0.39% | 0.40% | 0.46% | 0.57% | 0.69% | 0.47% | 0.66% | 0.94% | 1.31% | 1.14% | 1.39% | 1.31% |
Frequently Asked Questions
VBMFX and VIGAX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VIGAX has higher volatility (5.41%) compared to VBMFX (0.96%). In terms of maximum drawdown, VBMFX dropped -19.08% vs VIGAX's -50.66%.
VBMFX currently has the higher Sharpe Ratio (0.72 vs 0.66), 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.
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