VFIFX vs. VOOG

Last updated Jun 4, 2026

VFIFX (Vanguard Target Retirement 2050 Fund) and VOOG (Vanguard S&P 500 Growth ETF) are both funds - VFIFX is a Target Retirement Date fund managed by Vanguard, while VOOG is a S&P 500 fund tracking the S&P 500 Growth Index. Over the past 10 years, VFIFX returned 11.74%/yr vs 18.15%/yr for VOOG. Their correlation of 0.90 suggests significant overlap in exposure. VFIFX charges 0.08%/yr vs 0.07%/yr for VOOG.

Performance

VFIFX vs. VOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Target Retirement 2050 Fund (VFIFX) and Vanguard S&P 500 Growth ETF (VOOG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VFIFX achieves a 12.06% return, which is significantly lower than VOOG's 13.78% return. Over the past 10 years, VFIFX has underperformed VOOG with an annualized return of 11.74%, while VOOG has yielded a comparatively higher 18.15% annualized return.

VFIFX

• 1D: 0.35%
• 1M: 5.14%
• YTD: 12.06%
• 6M: 12.99%
• 1Y: 28.12%
• 3Y*: 19.67%
• 5Y*: 10.35%
• 10Y*: 11.74%

VOOG

• 1D: -0.93%
• 1M: 7.44%
• YTD: 13.78%
• 6M: 13.58%
• 1Y: 34.04%
• 3Y*: 28.13%
• 5Y*: 16.03%
• 10Y*: 18.15%

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

VFIFX vs. VOOG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VFIFX Vanguard Target Retirement 2050 Fund	12.06%	21.42%	14.45%	20.39%	-17.48%	16.42%	16.40%	24.99%	-7.89%	19.15%
VOOG Vanguard S&P 500 Growth ETF	13.78%	22.11%	35.89%	29.96%	-29.48%	31.95%	33.35%	30.93%	-0.21%	27.19%

Correlation

The correlation between VFIFX and VOOG is 0.88, 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	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (10Y) Calculated over the trailing 10-year period	0.89
Correlation (All Time) Calculated using the full available price history since Sep 10, 2010	0.90

The correlation between VFIFX and VOOG has been stable across timeframes, ranging from 0.86 to 0.90 - a consistent structural relationship.

VFIFX vs. VOOG - Sectors Allocation Comparison

Sectors	VFIFX	VOOG
Technology	27.3%	49.4%
Financial Services	16.1%	8.8%
Industrials	12.4%	6.2%
Consumer Cyclical	9.4%	9.4%
Healthcare	8.3%	5.8%
Communication Services	8.0%	18.0%
Consumer Defensive	4.8%	1.0%
Energy	4.3%	0.1%
Basic Materials	4.3%	0.4%
Utilities	2.7%	0.4%
Real Estate	2.5%	0.6%

Return for Risk

VFIFX vs. VOOG — Risk / Return Rank

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

VFIFX

VFIFX Risk / Return Rank: 71
VFIFX Sharpe Ratio Rank: 75
VFIFX Sortino Ratio Rank: 69
VFIFX Omega Ratio Rank: 67
VFIFX Calmar Ratio Rank: 69
VFIFX Martin Ratio Rank: 75

VOOG

VOOG Risk / Return Rank: 58
VOOG Sharpe Ratio Rank: 63
VOOG Sortino Ratio Rank: 61
VOOG Omega Ratio Rank: 59
VOOG Calmar Ratio Rank: 50
VOOG Martin Ratio Rank: 58

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.

VFIFX vs. VOOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2050 Fund (VFIFX) and Vanguard S&P 500 Growth ETF (VOOG). 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.

	VFIFX	VOOG	Difference
Sharpe ratio: Return per unit of total volatility	2.51	2.16	+0.35
Sortino ratio: Return per unit of downside risk	3.47	2.91	+0.56
Omega ratio: Gain probability vs. loss probability	1.46	1.37	+0.09
Calmar ratio: Return relative to maximum drawdown	3.21	2.49	+0.72
Martin ratio: Return relative to average drawdown	14.25	10.32	+3.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VFIFX vs. VOOG - Sharpe Ratio Comparison

The current VFIFX Sharpe Ratio is 2.51, which is comparable to the VOOG Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of VFIFX and VOOG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VFIFX	VOOG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	2.16	+0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.76	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	0.88	-0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.91	-0.39

Drawdowns

VFIFX vs. VOOG - Drawdown Comparison

The maximum VFIFX drawdown since its inception was -51.68%, which is greater than VOOG's maximum drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for VFIFX and VOOG.

Drawdown Indicators

	VFIFX	VOOG	Difference
Max Drawdown Largest peak-to-trough decline	-51.68%	-32.73%	-18.95%
Max Drawdown (1Y) Largest decline over 1 year	-8.87%	-13.71%	+4.84%
Max Drawdown (3Y) Largest decline over 3 years	-14.54%	-22.18%	+7.64%
Max Drawdown (5Y) Largest decline over 5 years	-25.40%	-32.73%	+7.33%
Max Drawdown (10Y) Largest decline over 10 years	-31.36%	-32.73%	+1.37%
Current Drawdown Current decline from peak	0.00%	-1.08%	+1.08%
Average Drawdown Average peak-to-trough decline	-6.88%	-4.97%	-1.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	3.31%	-1.31%

Volatility

VFIFX vs. VOOG - Volatility Comparison

The current volatility for Vanguard Target Retirement 2050 Fund (VFIFX) is 3.35%, while Vanguard S&P 500 Growth ETF (VOOG) has a volatility of 4.32%. This indicates that VFIFX experiences smaller price fluctuations and is considered to be less risky than VOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VFIFX	VOOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.35%	4.32%	-0.97%
Volatility (6M) Calculated over the trailing 6-month period	9.02%	12.41%	-3.39%
Volatility (1Y) Calculated over the trailing 1-year period	11.36%	15.85%	-4.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.18%	21.19%	-7.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.11%	20.73%	-5.62%

VFIFX vs. VOOG - Expense Ratio Comparison

VFIFX has a 0.08% expense ratio, which is higher than VOOG's 0.07% 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

VFIFX vs. VOOG - Dividend Comparison

VFIFX's dividend yield for the trailing twelve months is around 1.86%, more than VOOG's 0.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VFIFX Vanguard Target Retirement 2050 Fund	1.86%	2.09%	2.26%	2.21%	2.38%	12.83%	1.84%	2.20%	2.51%	0.03%	2.04%	2.36%
VOOG Vanguard S&P 500 Growth ETF	0.44%	0.49%	0.49%	1.12%	0.93%	0.53%	0.88%	1.26%	1.34%	1.32%	1.47%	1.56%

Frequently Asked Questions

Can I hold both VFIFX and VOOG in my portfolio?

VFIFX and VOOG have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VFIFX or VOOG?

VOOG has higher volatility (4.32%) compared to VFIFX (3.35%). In terms of maximum drawdown, VFIFX dropped -51.68% vs VOOG's -32.73%.

Which has better risk-adjusted returns?

VFIFX currently has the higher Sharpe Ratio (2.51 vs 2.16), 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.