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VIGAX vs. VMGMX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VIGAX vs. VMGMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Growth Index Fund Admiral Shares (VIGAX) and Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX). The values are adjusted to include any dividend payments, if applicable.

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VIGAX vs. VMGMX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VIGAX
Vanguard Growth Index Fund Admiral Shares
-13.83%19.43%32.67%46.76%-33.14%27.26%40.18%37.23%-3.35%27.80%
VMGMX
Vanguard Mid-Cap Growth Index Fund Admiral Shares
-10.43%10.69%15.65%23.93%-28.84%20.48%34.45%33.85%-5.61%21.83%

Returns By Period

In the year-to-date period, VIGAX achieves a -13.83% return, which is significantly lower than VMGMX's -10.43% return. Over the past 10 years, VIGAX has outperformed VMGMX with an annualized return of 15.56%, while VMGMX has yielded a comparatively lower 10.28% annualized return.


VIGAX

1D
-0.57%
1M
-8.83%
YTD
-13.83%
6M
-12.31%
1Y
13.72%
3Y*
19.56%
5Y*
10.93%
10Y*
15.56%

VMGMX

1D
-1.10%
1M
-10.26%
YTD
-10.43%
6M
-14.69%
1Y
2.69%
3Y*
9.33%
5Y*
3.77%
10Y*
10.28%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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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%.


Return for Risk

VIGAX vs. VMGMX — Risk / Return Rank

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

VIGAX
VIGAX Risk / Return Rank: 2626
Overall Rank
VIGAX Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
VIGAX Sortino Ratio Rank: 3030
Sortino Ratio Rank
VIGAX Omega Ratio Rank: 2929
Omega Ratio Rank
VIGAX Calmar Ratio Rank: 2323
Calmar Ratio Rank
VIGAX Martin Ratio Rank: 2222
Martin Ratio Rank

VMGMX
VMGMX Risk / Return Rank: 88
Overall Rank
VMGMX Sharpe Ratio Rank: 88
Sharpe Ratio Rank
VMGMX Sortino Ratio Rank: 99
Sortino Ratio Rank
VMGMX Omega Ratio Rank: 99
Omega Ratio Rank
VMGMX Calmar Ratio Rank: 77
Calmar Ratio Rank
VMGMX Martin Ratio Rank: 77
Martin Ratio Rank
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.

VIGAX vs. VMGMX - Risk-Adjusted Trends 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.


VIGAXVMGMXDifference

Sharpe ratio

Return per unit of total volatility

0.61

0.14

+0.47

Sortino ratio

Return per unit of downside risk

1.04

0.35

+0.69

Omega ratio

Gain probability vs. loss probability

1.15

1.05

+0.10

Calmar ratio

Return relative to maximum drawdown

0.66

0.06

+0.60

Martin ratio

Return relative to average drawdown

2.37

0.19

+2.18

VIGAX vs. VMGMX - Sharpe Ratio Comparison

The current VIGAX Sharpe Ratio is 0.61, which is higher than the VMGMX Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of VIGAX and VMGMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


VIGAXVMGMXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.61

0.14

+0.47

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.49

0.18

+0.32

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.73

0.49

+0.23

Sharpe Ratio (All Time)

Calculated using the full available price history

0.43

0.58

-0.15

Correlation

The correlation between VIGAX and VMGMX is 0.90, 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.


Dividends

VIGAX vs. VMGMX - Dividend Comparison

VIGAX's dividend yield for the trailing twelve months is around 0.46%, less than VMGMX's 0.74% yield.


TTM20252024202320222021202020192018201720162015
VIGAX
Vanguard Growth Index Fund Admiral Shares
0.46%0.40%0.46%0.57%0.69%0.47%0.66%0.94%1.31%1.14%1.39%1.31%
VMGMX
Vanguard Mid-Cap Growth Index Fund Admiral Shares
0.74%0.64%0.67%0.71%0.78%0.34%0.56%0.78%0.84%0.72%0.81%0.82%

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.


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Drawdown Indicators


VIGAXVMGMXDifference

Max Drawdown

Largest peak-to-trough decline

-50.66%

-37.17%

-13.49%

Max Drawdown (1Y)

Largest decline over 1 year

-16.51%

-15.95%

-0.56%

Max Drawdown (5Y)

Largest decline over 5 years

-35.63%

-37.17%

+1.54%

Max Drawdown (10Y)

Largest decline over 10 years

-35.63%

-37.17%

+1.54%

Current Drawdown

Current decline from peak

-16.51%

-15.95%

-0.56%

Average Drawdown

Average peak-to-trough decline

-12.02%

-7.05%

-4.97%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.57%

5.04%

-0.47%

Volatility

VIGAX vs. VMGMX - Volatility Comparison

Vanguard Growth Index Fund Admiral Shares (VIGAX) and Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX) have volatilities of 5.52% and 5.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VIGAXVMGMXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.52%

5.37%

+0.15%

Volatility (6M)

Calculated over the trailing 6-month period

12.10%

12.03%

+0.07%

Volatility (1Y)

Calculated over the trailing 1-year period

22.69%

20.88%

+1.81%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.30%

21.36%

+0.94%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.49%

20.91%

+0.58%