VCBCX vs. VSTIX

Last updated Jun 23, 2026

VCBCX (VALIC Company I Blue Chip Growth Fund) and VSTIX (VALIC Company I Stock Index Fund) are both mutual funds - VCBCX is a Large Cap Growth Equities fund managed by VALIC, while VSTIX is a Large Cap Blend Equities fund managed by VALIC. Over the past 10 years, VCBCX returned 14.24%/yr vs 14.57%/yr for VSTIX. Their correlation of 0.93 suggests significant overlap in exposure. VCBCX charges 0.76%/yr vs 0.29%/yr for VSTIX.

Performance

VCBCX vs. VSTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VALIC Company I Blue Chip Growth Fund (VCBCX) and VALIC Company I Stock Index Fund (VSTIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VCBCX achieves a 2.55% return, which is significantly lower than VSTIX's 10.00% return. Both investments have delivered pretty close results over the past 10 years, with VCBCX having a 14.24% annualized return and VSTIX not far ahead at 14.57%.

VCBCX

• 1D: 1.32%
• 1M: -1.69%
• YTD: 2.55%
• 6M: 1.99%
• 1Y: 20.83%
• 3Y*: 18.37%
• 5Y*: 7.10%
• 10Y*: 14.24%

VSTIX

• 1D: 1.10%
• 1M: 0.47%
• YTD: 10.00%
• 6M: 9.50%
• 1Y: 26.84%
• 3Y*: 19.51%
• 5Y*: 13.16%
• 10Y*: 14.57%

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

VCBCX vs. VSTIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VCBCX VALIC Company I Blue Chip Growth Fund	2.55%	7.70%	34.71%	44.42%	-38.26%	16.36%	35.27%	29.63%	-3.72%	36.31%
VSTIX VALIC Company I Stock Index Fund	10.00%	14.28%	24.76%	25.62%	-18.11%	28.40%	18.55%	31.05%	-8.09%	21.46%

Correlation

The correlation between VCBCX and VSTIX is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Nov 2, 2000	0.93

The correlation between VCBCX and VSTIX has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.

Return for Risk

VCBCX vs. VSTIX — Risk / Return Rank

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

VCBCX

VCBCX Risk / Return Rank: 20
VCBCX Sharpe Ratio Rank: 24
VCBCX Sortino Ratio Rank: 23
VCBCX Omega Ratio Rank: 22
VCBCX Calmar Ratio Rank: 15
VCBCX Martin Ratio Rank: 17

VSTIX

VSTIX Risk / Return Rank: 68
VSTIX Sharpe Ratio Rank: 69
VSTIX Sortino Ratio Rank: 65
VSTIX Omega Ratio Rank: 63
VSTIX Calmar Ratio Rank: 66
VSTIX Martin Ratio Rank: 78

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.

VCBCX vs. VSTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VALIC Company I Blue Chip Growth Fund (VCBCX) and VALIC Company I Stock Index Fund (VSTIX). 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.

	VCBCX	VSTIX	Difference
Sharpe ratio: Return per unit of total volatility	1.31	2.23	-0.92
Sortino ratio: Return per unit of downside risk	1.85	3.06	-1.21
Omega ratio: Gain probability vs. loss probability	1.23	1.40	-0.17
Calmar ratio: Return relative to maximum drawdown	1.28	3.00	-1.72
Martin ratio: Return relative to average drawdown	4.31	13.61	-9.30

VCBCX vs. VSTIX - Sharpe Ratio Comparison

The current VCBCX Sharpe Ratio is 1.31, which is lower than the VSTIX Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of VCBCX and VSTIX, 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

VCBCX vs. VSTIX - Drawdown Comparison

The maximum VCBCX drawdown since its inception was -55.01%, smaller than the maximum VSTIX drawdown of -69.93%. Use the drawdown chart below to compare losses from any high point for VCBCX and VSTIX.

Drawdown Indicators

	VCBCX	VSTIX	Difference
Max Drawdown Largest peak-to-trough decline	-55.01%	-69.93%	+14.92%
Max Drawdown (1Y) Largest decline over 1 year	-15.94%	-8.98%	-6.96%
Max Drawdown (3Y) Largest decline over 3 years	-29.70%	-21.05%	-8.65%
Max Drawdown (5Y) Largest decline over 5 years	-43.31%	-24.41%	-18.90%
Max Drawdown (10Y) Largest decline over 10 years	-43.31%	-33.52%	-9.79%
Current Drawdown Current decline from peak	-4.30%	-1.35%	-2.95%
Average Drawdown Average peak-to-trough decline	-13.46%	-20.63%	+7.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.72%	1.97%	+2.75%

Volatility

VCBCX vs. VSTIX - Volatility Comparison

VALIC Company I Blue Chip Growth Fund (VCBCX) has a higher volatility of 5.57% compared to VALIC Company I Stock Index Fund (VSTIX) at 4.77%. This indicates that VCBCX's price experiences larger fluctuations and is considered to be riskier than VSTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VCBCX	VSTIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.57%	4.77%	+0.80%
Volatility (6M) Calculated over the trailing 6-month period	12.37%	9.80%	+2.57%
Volatility (1Y) Calculated over the trailing 1-year period	15.58%	12.09%	+3.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.96%	17.53%	+6.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.81%	18.41%	+4.40%

VCBCX vs. VSTIX - Expense Ratio Comparison

VCBCX has a 0.76% expense ratio, which is higher than VSTIX's 0.29% expense ratio.

Dividends

VCBCX vs. VSTIX - Dividend Comparison

VCBCX's dividend yield for the trailing twelve months is around 14.27%, more than VSTIX's 11.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
VCBCX VALIC Company I Blue Chip Growth Fund	14.27%	0.00%	10.23%	16.65%	25.75%	8.99%	8.63%	11.48%	0.07%	8.44%
VSTIX VALIC Company I Stock Index Fund	11.64%	0.00%	6.25%	7.76%	11.33%	5.68%	7.26%	3.37%	1.81%	5.48%

Frequently Asked Questions

Can I hold both VCBCX and VSTIX in my portfolio?

With a correlation of 0.93, VCBCX and VSTIX 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, VCBCX or VSTIX?

VCBCX has higher volatility (5.57%) compared to VSTIX (4.77%). In terms of maximum drawdown, VCBCX dropped -55.01% vs VSTIX's -69.93%.

Which has better risk-adjusted returns?

VSTIX currently has the higher Sharpe Ratio (2.23 vs 1.31), 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.