VGVT vs. VUG

Last updated Jun 4, 2026

VGVT (Vanguard Government Securities Active ETF) and VUG (Vanguard Growth ETF) are both exchange-traded funds - VGVT is a Intermediate Core Bond fund actively managed by Vanguard, while VUG is a Large Cap Growth Equities fund tracking the CRSP US Large Cap Growth Index. VGVT is actively managed, while VUG is passively managed. At a 0.15 correlation, their price movements are largely independent. VGVT charges 0.10%/yr vs 0.03%/yr for VUG.

Performance

VGVT vs. VUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Government Securities Active ETF (VGVT) and Vanguard Growth ETF (VUG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VGVT achieves a 0.11% return, which is significantly lower than VUG's 9.49% return.

VGVT

• 1D: -0.15%
• 1M: 0.17%
• YTD: 0.11%
• 6M: 0.10%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VUG

• 1D: -1.23%
• 1M: 6.22%
• YTD: 9.49%
• 6M: 8.72%
• 1Y: 27.84%
• 3Y*: 25.93%
• 5Y*: 15.11%
• 10Y*: 18.26%

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

VGVT vs. VUG - Yearly Performance Comparison

	2026 (YTD)	2025
VGVT Vanguard Government Securities Active ETF	0.11%	3.28%
VUG Vanguard Growth ETF	9.49%	10.48%

Correlation

The correlation between VGVT and VUG is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2025	0.15

Return for Risk

VGVT vs. VUG — Risk / Return Rank

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

VUG

VUG Risk / Return Rank: 43
VUG Sharpe Ratio Rank: 50
VUG Sortino Ratio Rank: 47
VUG Omega Ratio Rank: 48
VUG Calmar Ratio Rank: 33
VUG Martin Ratio Rank: 37

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.

VGVT vs. VUG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Government Securities Active ETF (VGVT) and Vanguard Growth ETF (VUG). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	VGVT	VUG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.77	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.68	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.17	0.62	+0.55

Drawdowns

VGVT vs. VUG - Drawdown Comparison

The maximum VGVT drawdown since its inception was -2.77%, smaller than the maximum VUG drawdown of -50.68%. Use the drawdown chart below to compare losses from any high point for VGVT and VUG.

Drawdown Indicators

	VGVT	VUG	Difference
Max Drawdown Largest peak-to-trough decline	-2.77%	-50.68%	+47.91%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.53%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.85%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.61%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.61%	—
Current Drawdown Current decline from peak	-1.76%	-1.51%	-0.25%
Average Drawdown Average peak-to-trough decline	-0.67%	-7.09%	+6.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.71%	—

Volatility

Volatility by Period

	VGVT	VUG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.83%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.11%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.22%	15.84%	-12.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.22%	22.22%	-19.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.22%	21.44%	-18.22%

VGVT vs. VUG - Expense Ratio Comparison

VGVT has a 0.10% expense ratio, which is higher than VUG's 0.03% 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

VGVT vs. VUG - Dividend Comparison

VGVT's dividend yield for the trailing twelve months is around 3.99%, more than VUG's 0.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VGVT Vanguard Government Securities Active ETF	3.99%	2.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VUG Vanguard Growth ETF	0.37%	0.41%	0.47%	0.58%	0.70%	0.48%	0.66%	0.95%	1.32%	1.14%	1.39%	1.30%

Frequently Asked Questions

Can I hold both VGVT and VUG in my portfolio?

VGVT and VUG have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VGVT or VUG?

On fees, VUG is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VGVT or VUG?

VUG is cheaper with a 0.03% expense ratio, compared with 0.10% for VGVT.

Which ETF pays a higher dividend yield, VGVT or VUG?

VGVT has the higher dividend yield at 3.99%, compared with 0.37% for VUG.

What is the main difference between VGVT and VUG?

VGVT is categorized as Intermediate Core Bond, while VUG is Large Cap Growth Equities. Their fees differ too: 0.10% for VGVT and 0.03% for VUG.