VCBCX vs. VVSCX

Last updated Jun 24, 2026

VCBCX (VALIC Company I Blue Chip Growth Fund) and VVSCX (VALIC Company I Small Cap Value Fund) are both mutual funds - VCBCX is a Large Cap Growth Equities fund managed by VALIC, while VVSCX is a Small Cap Value Equities fund managed by VALIC. Over the past 5 years, VCBCX returned 6.46%/yr vs 6.59%/yr for VVSCX. A 0.63 correlation means they provide meaningful diversification when combined. Both charge a 0.76% expense ratio.

Performance

VCBCX vs. VVSCX - 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 Small Cap Value Fund (VVSCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VCBCX achieves a 1.22% return, which is significantly lower than VVSCX's 20.37% return.

VCBCX

• 1D: -1.30%
• 1M: -2.98%
• YTD: 1.22%
• 6M: -0.08%
• 1Y: 18.03%
• 3Y*: 18.30%
• 5Y*: 6.46%
• 10Y*: 14.42%

VVSCX

• 1D: 0.67%
• 1M: 4.69%
• YTD: 20.37%
• 6M: 18.32%
• 1Y: 42.49%
• 3Y*: 16.15%
• 5Y*: 6.59%
• 10Y*: —

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

VCBCX vs. VVSCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
VCBCX VALIC Company I Blue Chip Growth Fund	1.22%	7.70%	34.71%	44.42%	-38.26%	6.73%
VVSCX VALIC Company I Small Cap Value Fund	20.37%	4.30%	9.10%	12.56%	-13.72%	0.69%

Correlation

The correlation between VCBCX and VVSCX is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (All Time) Calculated using the full available price history since Jun 15, 2021	0.63

The correlation between VCBCX and VVSCX shifts across timeframes, from 0.51 (1 year) to 0.63 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

VCBCX vs. VVSCX — Risk / Return Rank

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

VCBCX

VCBCX Risk / Return Rank: 19
VCBCX Sharpe Ratio Rank: 22
VCBCX Sortino Ratio Rank: 21
VCBCX Omega Ratio Rank: 21
VCBCX Calmar Ratio Rank: 14
VCBCX Martin Ratio Rank: 16

VVSCX

VVSCX Risk / Return Rank: 82
VVSCX Sharpe Ratio Rank: 82
VVSCX Sortino Ratio Rank: 80
VVSCX Omega Ratio Rank: 67
VVSCX Calmar Ratio Rank: 91
VVSCX Martin Ratio Rank: 90

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. VVSCX - 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 Small Cap Value Fund (VVSCX). 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	VVSCX	Difference
Sharpe ratio: Return per unit of total volatility	1.25	2.48	-1.23
Sortino ratio: Return per unit of downside risk	1.77	3.46	-1.69
Omega ratio: Gain probability vs. loss probability	1.22	1.41	-0.20
Calmar ratio: Return relative to maximum drawdown	1.22	4.56	-3.33
Martin ratio: Return relative to average drawdown	4.10	16.78	-12.68

VCBCX vs. VVSCX - Sharpe Ratio Comparison

The current VCBCX Sharpe Ratio is 1.25, which is lower than the VVSCX Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of VCBCX and VVSCX, 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. VVSCX - Drawdown Comparison

The maximum VCBCX drawdown since its inception was -55.01%, which is greater than VVSCX's maximum drawdown of -31.33%. Use the drawdown chart below to compare losses from any high point for VCBCX and VVSCX.

Drawdown Indicators

	VCBCX	VVSCX	Difference
Max Drawdown Largest peak-to-trough decline	-55.01%	-31.33%	-23.68%
Max Drawdown (1Y) Largest decline over 1 year	-15.94%	-9.87%	-6.07%
Max Drawdown (3Y) Largest decline over 3 years	-29.70%	-31.33%	+1.63%
Max Drawdown (5Y) Largest decline over 5 years	-43.31%	-31.33%	-11.98%
Max Drawdown (10Y) Largest decline over 10 years	-43.31%	—	—
Current Drawdown Current decline from peak	-5.54%	0.00%	-5.54%
Average Drawdown Average peak-to-trough decline	-13.46%	-10.25%	-3.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.73%	2.67%	+2.06%

Volatility

VCBCX vs. VVSCX - Volatility Comparison

VALIC Company I Blue Chip Growth Fund (VCBCX) and VALIC Company I Small Cap Value Fund (VVSCX) have volatilities of 5.57% and 5.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VCBCX	VVSCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.57%	5.38%	+0.19%
Volatility (6M) Calculated over the trailing 6-month period	12.44%	12.75%	-0.31%
Volatility (1Y) Calculated over the trailing 1-year period	15.66%	18.20%	-2.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.97%	21.74%	+2.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.83%	21.78%	+1.05%

VCBCX vs. VVSCX - Expense Ratio Comparison

Both VCBCX and VVSCX have an expense ratio of 0.76%.

Dividends

VCBCX vs. VVSCX - Dividend Comparison

VCBCX's dividend yield for the trailing twelve months is around 14.46%, less than VVSCX's 16.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
VCBCX VALIC Company I Blue Chip Growth Fund	14.46%	0.00%	10.23%	16.65%	25.75%	8.99%	8.63%	11.48%	0.07%	8.44%
VVSCX VALIC Company I Small Cap Value Fund	16.20%	0.00%	3.55%	16.57%	9.60%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VCBCX and VVSCX in my portfolio?

VCBCX and VVSCX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VCBCX or VVSCX?

VCBCX has higher volatility (5.57%) compared to VVSCX (5.38%). In terms of maximum drawdown, VCBCX dropped -55.01% vs VVSCX's -31.33%.

Which has better risk-adjusted returns?

VVSCX currently has the higher Sharpe Ratio (2.48 vs 1.25), 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.