VCNIX vs. VGT

Last updated Apr 1, 2026

Compare and contrast key facts about VALIC Company I Nasdaq-100 Index Fund (VCNIX) and Vanguard Information Technology ETF (VGT).

VCNIX is managed by VALIC. It was launched on Oct 2, 2000. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Mar 25, 2004.

Performance

VCNIX vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VALIC Company I Nasdaq-100 Index Fund (VCNIX) and Vanguard Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

VCNIX vs. VGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VCNIX VALIC Company I Nasdaq-100 Index Fund	-9.05%	-2.43%	25.36%	54.21%	-32.55%	26.89%	48.24%	38.63%	-4.76%	32.35%
VGT Vanguard Information Technology ETF	-7.34%	21.77%	29.30%	52.66%	-29.70%	30.45%	46.04%	48.62%	2.46%	37.08%

Returns By Period

In the year-to-date period, VCNIX achieves a -9.05% return, which is significantly lower than VGT's -7.34% return. Over the past 10 years, VCNIX has underperformed VGT with an annualized return of 15.17%, while VGT has yielded a comparatively higher 21.35% annualized return.

VCNIX

• 1D: -0.75%
• 1M: -8.04%
• YTD: -9.05%
• 6M: -6.90%
• 1Y: 19.29%
• 3Y*: 12.52%
• 5Y*: 7.63%
• 10Y*: 15.17%

VGT

• 1D: 4.34%
• 1M: -3.89%
• YTD: -7.34%
• 6M: -6.36%
• 1Y: 29.19%
• 3Y*: 22.58%
• 5Y*: 14.54%
• 10Y*: 21.35%

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

VCNIX vs. VGT - Expense Ratio Comparison

VCNIX has a 0.45% expense ratio, which is higher than VGT's 0.09% expense ratio.

VCNIX

VALIC Company I Nasdaq-100 Index Fund

VGT

Vanguard Information Technology ETF

Return for Risk

VCNIX vs. VGT — Risk / Return Rank

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

VCNIX

VCNIX Risk / Return Rank: 47
VCNIX Sharpe Ratio Rank: 43
VCNIX Sortino Ratio Rank: 51
VCNIX Omega Ratio Rank: 49
VCNIX Calmar Ratio Rank: 46
VCNIX Martin Ratio Rank: 44

VGT

VGT Risk / Return Rank: 67
VGT Sharpe Ratio Rank: 65
VGT Sortino Ratio Rank: 69
VGT Omega Ratio Rank: 66
VGT Calmar Ratio Rank: 73
VGT Martin Ratio Rank: 61

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.

VCNIX vs. VGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VALIC Company I Nasdaq-100 Index Fund (VCNIX) and Vanguard Information Technology ETF (VGT). 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.

	VCNIX	VGT	Difference
Sharpe ratio Return per unit of total volatility	0.88	1.08	-0.20
Sortino ratio Return per unit of downside risk	1.41	1.65	-0.24
Omega ratio Gain probability vs. loss probability	1.20	1.23	-0.03
Calmar ratio Return relative to maximum drawdown	1.13	1.77	-0.64
Martin ratio Return relative to average drawdown	4.42	5.47	-1.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VCNIX vs. VGT - Sharpe Ratio Comparison

The current VCNIX Sharpe Ratio is 0.88, which is comparable to the VGT Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of VCNIX and VGT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VCNIX	VGT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	1.08	-0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	0.58	-0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.88	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.61	-0.38

Correlation

The correlation between VCNIX and VGT is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

VCNIX vs. VGT - Dividend Comparison

VCNIX's dividend yield for the trailing twelve months is around 11.14%, more than VGT's 0.44% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VCNIX VALIC Company I Nasdaq-100 Index Fund	11.14%	0.00%	3.76%	10.90%	13.50%	7.28%	2.40%	1.57%	0.55%	4.57%	0.00%	0.00%
VGT Vanguard Information Technology ETF	0.44%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Drawdowns

VCNIX vs. VGT - Drawdown Comparison

The maximum VCNIX drawdown since its inception was -76.68%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for VCNIX and VGT.

Drawdown Indicators

	VCNIX	VGT	Difference
Max Drawdown Largest peak-to-trough decline	-76.68%	-54.63%	-22.05%
Max Drawdown (1Y) Largest decline over 1 year	-12.76%	-16.40%	+3.64%
Max Drawdown (5Y) Largest decline over 5 years	-37.53%	-35.07%	-2.46%
Max Drawdown (10Y) Largest decline over 10 years	-37.53%	-35.07%	-2.46%
Current Drawdown Current decline from peak	-15.91%	-12.77%	-3.14%
Average Drawdown Average peak-to-trough decline	-28.91%	-8.00%	-20.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.50%	5.30%	-1.80%

Volatility

VCNIX vs. VGT - Volatility Comparison

The current volatility for VALIC Company I Nasdaq-100 Index Fund (VCNIX) is 5.39%, while Vanguard Information Technology ETF (VGT) has a volatility of 7.99%. This indicates that VCNIX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VCNIX	VGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.39%	7.99%	-2.60%
Volatility (6M) Calculated over the trailing 6-month period	11.80%	16.31%	-4.51%
Volatility (1Y) Calculated over the trailing 1-year period	22.28%	27.24%	-4.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.85%	25.07%	-0.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.67%	24.48%	-0.81%