VIGAX vs. VMGMX
Compare and contrast key facts about Vanguard Growth Index Fund Admiral Shares (VIGAX) and Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX).
VIGAX is managed by Vanguard. It was launched on Nov 13, 2000. VMGMX is managed by Vanguard. It was launched on Sep 27, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VIGAX or VMGMX.
Correlation
The correlation between VIGAX and VMGMX is 0.91, 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.
Performance
VIGAX vs. VMGMX - Performance Comparison
Key characteristics
VIGAX:
0.58
VMGMX:
0.55
VIGAX:
0.96
VMGMX:
0.90
VIGAX:
1.14
VMGMX:
1.13
VIGAX:
0.63
VMGMX:
0.55
VIGAX:
2.28
VMGMX:
2.08
VIGAX:
6.38%
VMGMX:
5.78%
VIGAX:
25.22%
VMGMX:
21.86%
VIGAX:
-50.66%
VMGMX:
-37.17%
VIGAX:
-13.09%
VMGMX:
-11.14%
Returns By Period
In the year-to-date period, VIGAX achieves a -9.45% return, which is significantly lower than VMGMX's -3.16% return. Over the past 10 years, VIGAX has outperformed VMGMX with an annualized return of 14.03%, while VMGMX has yielded a comparatively lower 9.33% annualized return.
VIGAX
-9.45%
-5.12%
-4.78%
12.64%
16.93%
14.03%
VMGMX
-3.16%
-3.35%
-0.68%
10.05%
12.21%
9.33%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VIGAX vs. VMGMX - Expense Ratio Comparison
VIGAX has a 0.05% expense ratio, which is lower than VMGMX's 0.07% 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%.
Risk-Adjusted Performance
VIGAX vs. VMGMX — Risk-Adjusted Performance Rank
VIGAX
VMGMX
VIGAX vs. VMGMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Growth Index Fund Admiral Shares (VIGAX) and Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX). 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. VMGMX - Dividend Comparison
VIGAX's dividend yield for the trailing twelve months is around 0.51%, less than VMGMX's 0.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIGAX Vanguard Growth Index Fund Admiral Shares | 0.51% | 0.46% | 0.57% | 0.69% | 0.47% | 0.66% | 0.94% | 1.31% | 1.14% | 1.39% | 1.31% | 1.21% |
VMGMX Vanguard Mid-Cap Growth Index Fund Admiral Shares | 0.71% | 0.67% | 0.71% | 0.78% | 0.34% | 0.56% | 0.78% | 0.84% | 0.72% | 0.81% | 0.82% | 0.79% |
Drawdowns
VIGAX vs. VMGMX - Drawdown Comparison
The maximum VIGAX drawdown since its inception was -50.66%, which is greater than VMGMX's maximum drawdown of -37.17%. Use the drawdown chart below to compare losses from any high point for VIGAX and VMGMX. For additional features, visit the drawdowns tool.
Volatility
VIGAX vs. VMGMX - Volatility Comparison
Vanguard Growth Index Fund Admiral Shares (VIGAX) has a higher volatility of 17.16% compared to Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX) at 15.07%. This indicates that VIGAX's price experiences larger fluctuations and is considered to be riskier than VMGMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.