VIG vs. PRDGX

Last updated Jun 4, 2026

VIG (Vanguard Dividend Appreciation ETF) and PRDGX (T. Rowe Price Dividend Growth Fund, Inc.) are both funds - VIG is a Dividend fund tracking the S&P U.S. Dividend Growers Index, while PRDGX is a Large Cap Blend Equities fund managed by T. Rowe Price. Over the past 10 years, VIG returned 13.23%/yr vs 12.87%/yr for PRDGX. With a 0.96 correlation, they move nearly in lockstep. VIG charges 0.04%/yr vs 0.62%/yr for PRDGX.

Performance

VIG vs. PRDGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Dividend Appreciation ETF (VIG) and T. Rowe Price Dividend Growth Fund, Inc. (PRDGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with VIG having a 7.57% return and PRDGX slightly higher at 7.60%. Both investments have delivered pretty close results over the past 10 years, with VIG having a 13.23% annualized return and PRDGX not far behind at 12.87%.

VIG

• 1D: -0.19%
• 1M: 3.79%
• YTD: 7.57%
• 6M: 6.99%
• 1Y: 19.63%
• 3Y*: 16.49%
• 5Y*: 10.62%
• 10Y*: 13.23%

PRDGX

• 1D: 0.79%
• 1M: 3.23%
• YTD: 7.60%
• 6M: 7.74%
• 1Y: 17.14%
• 3Y*: 15.54%
• 5Y*: 10.09%
• 10Y*: 12.87%

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

VIG vs. PRDGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VIG Vanguard Dividend Appreciation ETF	7.57%	14.17%	16.99%	14.51%	-9.80%	23.76%	15.43%	29.62%	-2.08%	22.22%
PRDGX T. Rowe Price Dividend Growth Fund, Inc.	7.60%	14.74%	13.48%	13.68%	-10.22%	26.03%	13.92%	31.76%	-1.06%	18.89%

Correlation

The correlation between VIG and PRDGX is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Apr 28, 2006	0.96

The correlation between VIG and PRDGX has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

Return for Risk

VIG vs. PRDGX — Risk / Return Rank

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

VIG

VIG Risk / Return Rank: 56
VIG Sharpe Ratio Rank: 57
VIG Sortino Ratio Rank: 60
VIG Omega Ratio Rank: 56
VIG Calmar Ratio Rank: 50
VIG Martin Ratio Rank: 56

PRDGX

PRDGX Risk / Return Rank: 40
PRDGX Sharpe Ratio Rank: 39
PRDGX Sortino Ratio Rank: 38
PRDGX Omega Ratio Rank: 37
PRDGX Calmar Ratio Rank: 40
PRDGX Martin Ratio Rank: 47

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.

VIG vs. PRDGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Dividend Appreciation ETF (VIG) and T. Rowe Price Dividend Growth Fund, Inc. (PRDGX). 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.

	VIG	PRDGX	Difference
Sharpe ratio: Return per unit of total volatility	1.97	1.82	+0.15
Sortino ratio: Return per unit of downside risk	2.88	2.60	+0.28
Omega ratio: Gain probability vs. loss probability	1.35	1.32	+0.03
Calmar ratio: Return relative to maximum drawdown	2.49	2.41	+0.09
Martin ratio: Return relative to average drawdown	10.06	9.85	+0.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VIG vs. PRDGX - Sharpe Ratio Comparison

The current VIG Sharpe Ratio is 1.97, which is comparable to the PRDGX Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of VIG and PRDGX, 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

	VIG	PRDGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.97	1.82	+0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.72	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.83	0.81	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.66	-0.06

Drawdowns

VIG vs. PRDGX - Drawdown Comparison

The maximum VIG drawdown since its inception was -46.81%, smaller than the maximum PRDGX drawdown of -49.79%. Use the drawdown chart below to compare losses from any high point for VIG and PRDGX.

Drawdown Indicators

	VIG	PRDGX	Difference
Max Drawdown Largest peak-to-trough decline	-46.81%	-49.79%	+2.98%
Max Drawdown (1Y) Largest decline over 1 year	-7.91%	-7.34%	-0.57%
Max Drawdown (3Y) Largest decline over 3 years	-14.95%	-14.15%	-0.80%
Max Drawdown (5Y) Largest decline over 5 years	-20.39%	-19.31%	-1.08%
Max Drawdown (10Y) Largest decline over 10 years	-31.72%	-33.18%	+1.46%
Current Drawdown Current decline from peak	-0.19%	0.00%	-0.19%
Average Drawdown Average peak-to-trough decline	-5.51%	-5.42%	-0.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.96%	1.79%	+0.17%

Volatility

VIG vs. PRDGX - Volatility Comparison

The current volatility for Vanguard Dividend Appreciation ETF (VIG) is 2.19%, while T. Rowe Price Dividend Growth Fund, Inc. (PRDGX) has a volatility of 2.33%. This indicates that VIG experiences smaller price fluctuations and is considered to be less risky than PRDGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VIG	PRDGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.19%	2.33%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	7.57%	7.56%	+0.01%
Volatility (1Y) Calculated over the trailing 1-year period	10.01%	9.72%	+0.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.23%	14.06%	+0.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.05%	15.88%	+0.17%

VIG vs. PRDGX - Expense Ratio Comparison

VIG has a 0.04% expense ratio, which is lower than PRDGX's 0.62% expense ratio.

Dividends

VIG vs. PRDGX - Dividend Comparison

VIG's dividend yield for the trailing twelve months is around 1.47%, less than PRDGX's 7.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRDGX T. Rowe Price Dividend Growth Fund, Inc.	7.52%	8.02%	4.66%	2.78%	3.81%	2.00%	1.03%	2.33%	3.67%	1.82%	3.07%	7.57%
VIG Vanguard Dividend Appreciation ETF	1.47%	1.62%	1.73%	1.88%	1.96%	1.55%	1.63%	1.71%	2.08%	1.88%	2.14%	2.34%

Frequently Asked Questions

Can I hold both VIG and PRDGX in my portfolio?

With a correlation of 0.95, VIG and PRDGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, VIG or PRDGX?

PRDGX has higher volatility (2.33%) compared to VIG (2.19%). In terms of maximum drawdown, VIG dropped -46.81% vs PRDGX's -49.79%.

Which has better risk-adjusted returns?

VIG currently has the higher Sharpe Ratio (1.97 vs 1.82), 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.