VIGAX vs. INDEX
Compare and contrast key facts about Vanguard Growth Index Fund Admiral Shares (VIGAX) and Index Funds S&P 500 Equal Weight (INDEX).
VIGAX is managed by Vanguard. It was launched on Nov 13, 2000. INDEX is managed by Fidelity. It was launched on Mar 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VIGAX or INDEX.
Performance
VIGAX vs. INDEX - Performance Comparison
Returns By Period
In the year-to-date period, VIGAX achieves a 30.41% return, which is significantly higher than INDEX's 25.93% return.
VIGAX
30.41%
2.57%
15.02%
35.85%
19.09%
15.49%
INDEX
25.93%
1.74%
13.53%
32.02%
13.17%
N/A
Key characteristics
| VIGAX | INDEX | |
|---|---|---|
| Sharpe Ratio | 2.16 | 2.66 |
| Sortino Ratio | 2.82 | 3.56 |
| Omega Ratio | 1.40 | 1.50 |
| Calmar Ratio | 2.82 | 3.89 |
| Martin Ratio | 11.07 | 17.39 |
| Ulcer Index | 3.30% | 1.87% |
| Daily Std Dev | 16.88% | 12.24% |
| Max Drawdown | -50.66% | -38.82% |
| Current Drawdown | -1.20% | -0.84% |
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VIGAX vs. INDEX - Expense Ratio Comparison
VIGAX has a 0.05% expense ratio, which is lower than INDEX's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between VIGAX and INDEX is 0.82, 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.
Risk-Adjusted Performance
VIGAX vs. INDEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Growth Index Fund Admiral Shares (VIGAX) and Index Funds S&P 500 Equal Weight (INDEX). 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.
Dividends
VIGAX vs. INDEX - Dividend Comparison
VIGAX's dividend yield for the trailing twelve months is around 0.48%, less than INDEX's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIGAX Vanguard Growth Index Fund Admiral Shares | 0.48% | 0.57% | 0.69% | 0.47% | 0.66% | 0.94% | 1.31% | 1.14% | 1.39% | 1.31% | 1.21% | 1.19% |
INDEX Index Funds S&P 500 Equal Weight | 1.24% | 1.56% | 1.21% | 1.09% | 1.53% | 1.61% | 1.82% | 1.15% | 1.15% | 1.19% | 0.00% | 0.00% |
Drawdowns
VIGAX vs. INDEX - Drawdown Comparison
The maximum VIGAX drawdown since its inception was -50.66%, which is greater than INDEX's maximum drawdown of -38.82%. Use the drawdown chart below to compare losses from any high point for VIGAX and INDEX. For additional features, visit the drawdowns tool.
Volatility
VIGAX vs. INDEX - Volatility Comparison
Vanguard Growth Index Fund Admiral Shares (VIGAX) has a higher volatility of 5.24% compared to Index Funds S&P 500 Equal Weight (INDEX) at 3.96%. This indicates that VIGAX's price experiences larger fluctuations and is considered to be riskier than INDEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.