VCR vs. VONE
VCR (Vanguard Consumer Discretionary ETF) and VONE (Vanguard Russell 1000 ETF) are both exchange-traded funds - VCR is a Consumer Discretionary Equities fund tracking the MSCI US Investable Market Consumer Discretionary 25/50 Index, while VONE is a Large Cap Blend Equities fund tracking the Russell 1000 Index. Both are passively managed. Over the past 10 years, VCR returned 13.79%/yr vs 15.46%/yr for VONE. Their correlation of 0.87 suggests significant overlap in exposure. VCR charges 0.10%/yr vs 0.08%/yr for VONE.
Performance
VCR vs. VONE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VCR achieves a -1.51% return, which is significantly lower than VONE's 9.48% return. Over the past 10 years, VCR has underperformed VONE with an annualized return of 13.79%, while VONE has yielded a comparatively higher 15.46% annualized return.
VCR
- 1D
- -1.81%
- 1M
- -1.91%
- YTD
- -1.51%
- 6M
- -3.86%
- 1Y
- 10.99%
- 3Y*
- 12.87%
- 5Y*
- 5.42%
- 10Y*
- 13.79%
VONE
- 1D
- -0.27%
- 1M
- 0.31%
- YTD
- 9.48%
- 6M
- 9.01%
- 1Y
- 25.90%
- 3Y*
- 21.09%
- 5Y*
- 12.72%
- 10Y*
- 15.46%
VCR vs. VONE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VCR Vanguard Consumer Discretionary ETF | -1.51% | 5.77% | 24.27% | 40.38% | -35.15% | 24.86% | 48.36% | 27.45% | -2.31% | 22.82% |
VONE Vanguard Russell 1000 ETF | 9.48% | 17.21% | 24.51% | 26.41% | -19.14% | 26.49% | 20.95% | 31.12% | -4.84% | 21.55% |
Correlation
The correlation between VCR and VONE is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2010 | 0.87 |
The correlation between VCR and VONE has been stable across timeframes, ranging from 0.79 to 0.87 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VCR vs. VONE — Risk / Return Rank
VCR
VONE
VCR vs. VONE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Consumer Discretionary ETF (VCR) and Vanguard Russell 1000 ETF (VONE). 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.
| VCR | VONE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.50 | ||
| Sortino ratioReturn per unit of downside risk | -1.90 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.37 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.71 | 2.94 | -2.23 |
| Martin ratioReturn relative to average drawdown | 2.16 | 13.14 | -10.98 |
Loading charts...
Drawdowns
VCR vs. VONE - Drawdown Comparison
The maximum VCR drawdown since its inception was -61.54%, which is greater than VONE's maximum drawdown of -34.66%. Use the drawdown chart below to compare losses from any high point for VCR and VONE.
Loading charts...
Drawdown Indicators
| VCR | VONE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.54% | -34.66% | -26.88% |
Max Drawdown (1Y)Largest decline over 1 year | -15.59% | -8.85% | -6.74% |
Max Drawdown (3Y)Largest decline over 3 years | -27.36% | -19.06% | -8.30% |
Max Drawdown (5Y)Largest decline over 5 years | -39.20% | -25.12% | -14.08% |
Max Drawdown (10Y)Largest decline over 10 years | -39.20% | -34.66% | -4.54% |
Current DrawdownCurrent decline from peak | -5.99% | -1.67% | -4.32% |
Average DrawdownAverage peak-to-trough decline | -9.39% | -3.90% | -5.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.10% | 1.98% | +3.12% |
Volatility
VCR vs. VONE - Volatility Comparison
Vanguard Consumer Discretionary ETF (VCR) has a higher volatility of 6.35% compared to Vanguard Russell 1000 ETF (VONE) at 4.51%. This indicates that VCR's price experiences larger fluctuations and is considered to be riskier than VONE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VCR | VONE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.35% | 4.51% | +1.84% |
Volatility (6M)Calculated over the trailing 6-month period | 13.92% | 9.76% | +4.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.87% | 12.52% | +6.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.10% | 17.16% | +6.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.47% | 18.29% | +4.18% |
VCR vs. VONE - Expense Ratio Comparison
VCR has a 0.10% expense ratio, which is higher than VONE's 0.08% 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
VCR vs. VONE - Dividend Comparison
VCR's dividend yield for the trailing twelve months is around 0.74%, less than VONE's 1.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VCR Vanguard Consumer Discretionary ETF | 0.74% | 0.74% | 0.74% | 0.84% | 0.98% | 0.79% | 1.71% | 1.17% | 1.37% | 1.21% | 1.60% | 1.32% |
VONE Vanguard Russell 1000 ETF | 1.03% | 1.07% | 1.20% | 1.40% | 1.59% | 1.16% | 1.45% | 1.65% | 1.96% | 1.69% | 1.89% | 1.89% |
Frequently Asked Questions
VCR and VONE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VCR has higher volatility (6.35%) compared to VONE (4.51%). In terms of maximum drawdown, VCR dropped -61.54% vs VONE's -34.66%.
On 10-year performance, VONE leads with 15.46% vs 13.79% for VCR. On fees, VONE is cheaper at 0.08% per year. On volatility, VONE has been the lower-risk option at 4.51%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, VONE has performed better with a 15.46% return vs 13.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VONE is cheaper with a 0.08% expense ratio, compared with 0.10% for VCR.
VONE has the higher dividend yield at 1.03%, compared with 0.74% for VCR.
VCR is categorized as Consumer Discretionary Equities, while VONE is Large Cap Blend Equities. VCR tracks MSCI US Investable Market Consumer Discretionary 25/50 Index, while VONE tracks Russell 1000 Index. Their fees differ too: 0.10% for VCR and 0.08% for VONE.
VONE currently has the higher Sharpe Ratio (2.08 vs 0.59), 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.
Find the right allocation for VCR and VONE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer