VIGIX vs. JLGMX

Last updated Jun 25, 2026

VIGIX (Vanguard Growth Index Fund Institutional Shares) and JLGMX (JPMorgan Large Cap Growth Fund Class R6) are both Large Cap Growth Equities funds. VIGIX is passively managed, while JLGMX is actively managed. Over the past 10 years, VIGIX returned 18.03%/yr vs 20.20%/yr for JLGMX. With a 0.96 correlation, they move nearly in lockstep. VIGIX charges 0.04%/yr vs 0.44%/yr for JLGMX.

Performance

VIGIX vs. JLGMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Growth Index Fund Institutional Shares (VIGIX) and JPMorgan Large Cap Growth Fund Class R6 (JLGMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with VIGIX having a 3.54% return and JLGMX slightly lower at 3.53%. Over the past 10 years, VIGIX has underperformed JLGMX with an annualized return of 18.03%, while JLGMX has yielded a comparatively higher 20.20% annualized return.

VIGIX

• 1D: -2.09%
• 1M: -3.95%
• YTD: 3.54%
• 6M: 2.05%
• 1Y: 18.32%
• 3Y*: 22.75%
• 5Y*: 12.80%
• 10Y*: 18.03%

JLGMX

• 1D: -2.91%
• 1M: -1.75%
• YTD: 3.53%
• 6M: 1.68%
• 1Y: 13.83%
• 3Y*: 21.27%
• 5Y*: 12.07%
• 10Y*: 20.20%

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

VIGIX vs. JLGMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VIGIX Vanguard Growth Index Fund Institutional Shares	3.54%	19.44%	32.68%	46.77%	-33.13%	27.27%	40.19%	37.26%	-3.34%	27.81%
JLGMX JPMorgan Large Cap Growth Fund Class R6	3.53%	14.38%	35.40%	34.95%	-25.20%	18.48%	56.39%	39.47%	0.74%	38.41%

Correlation

The correlation between VIGIX and JLGMX is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.97
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 Nov 30, 2010	0.96

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

Return for Risk

VIGIX vs. JLGMX — Risk / Return Rank

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

VIGIX

VIGIX Risk / Return Rank: 18
VIGIX Sharpe Ratio Rank: 21
VIGIX Sortino Ratio Rank: 19
VIGIX Omega Ratio Rank: 20
VIGIX Calmar Ratio Rank: 15
VIGIX Martin Ratio Rank: 17

JLGMX

JLGMX Risk / Return Rank: 12
JLGMX Sharpe Ratio Rank: 13
JLGMX Sortino Ratio Rank: 12
JLGMX Omega Ratio Rank: 13
JLGMX Calmar Ratio Rank: 10
JLGMX Martin Ratio Rank: 10

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.

VIGIX vs. JLGMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Growth Index Fund Institutional Shares (VIGIX) and JPMorgan Large Cap Growth Fund Class R6 (JLGMX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VIGIX	JLGMX	Difference
Sharpe ratio: Return per unit of total volatility	1.19	0.93	+0.26
Sortino ratio: Return per unit of downside risk	1.66	1.33	+0.33
Omega ratio: Gain probability vs. loss probability	1.21	1.17	+0.04
Calmar ratio: Return relative to maximum drawdown	1.22	0.94	+0.28
Martin ratio: Return relative to average drawdown	4.17	2.66	+1.51

VIGIX vs. JLGMX - Sharpe Ratio Comparison

The current VIGIX Sharpe Ratio is 1.19, which is comparable to the JLGMX Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of VIGIX and JLGMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VIGIX vs. JLGMX - Drawdown Comparison

The maximum VIGIX drawdown since its inception was -56.95%, which is greater than JLGMX's maximum drawdown of -31.82%. Use the drawdown chart below to compare losses from any high point for VIGIX and JLGMX.

Drawdown Indicators

	VIGIX	JLGMX	Difference
Max Drawdown Largest peak-to-trough decline	-56.95%	-31.82%	-25.13%
Max Drawdown (1Y) Largest decline over 1 year	-16.51%	-16.73%	+0.22%
Max Drawdown (3Y) Largest decline over 3 years	-23.03%	-21.47%	-1.56%
Max Drawdown (5Y) Largest decline over 5 years	-35.62%	-31.13%	-4.49%
Max Drawdown (10Y) Largest decline over 10 years	-35.62%	-31.82%	-3.80%
Current Drawdown Current decline from peak	-6.84%	-4.10%	-2.74%
Average Drawdown Average peak-to-trough decline	-16.25%	-5.80%	-10.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.82%	5.90%	-1.08%

Volatility

VIGIX vs. JLGMX - Volatility Comparison

The current volatility for Vanguard Growth Index Fund Institutional Shares (VIGIX) is 6.88%, while JPMorgan Large Cap Growth Fund Class R6 (JLGMX) has a volatility of 7.25%. This indicates that VIGIX experiences smaller price fluctuations and is considered to be less risky than JLGMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VIGIX	JLGMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.88%	7.25%	-0.37%
Volatility (6M) Calculated over the trailing 6-month period	13.48%	12.80%	+0.68%
Volatility (1Y) Calculated over the trailing 1-year period	16.99%	16.93%	+0.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.51%	20.40%	+2.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.65%	21.64%	+0.01%

VIGIX vs. JLGMX - Expense Ratio Comparison

VIGIX has a 0.04% expense ratio, which is lower than JLGMX's 0.44% expense ratio.

Dividends

VIGIX vs. JLGMX - Dividend Comparison

VIGIX's dividend yield for the trailing twelve months is around 0.39%, less than JLGMX's 10.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JLGMX JPMorgan Large Cap Growth Fund Class R6	10.67%	11.04%	2.12%	0.31%	3.49%	14.25%	5.14%	12.65%	15.59%	14.44%	9.71%	4.43%
VIGIX Vanguard Growth Index Fund Institutional Shares	0.39%	0.41%	0.47%	0.58%	0.70%	0.48%	0.66%	0.95%	1.32%	1.15%	1.40%	1.31%

Frequently Asked Questions

Can I hold both VIGIX and JLGMX in my portfolio?

With a correlation of 0.95, VIGIX and JLGMX 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, VIGIX or JLGMX?

JLGMX has higher volatility (7.25%) compared to VIGIX (6.88%). In terms of maximum drawdown, VIGIX dropped -56.95% vs JLGMX's -31.82%.

Which has better risk-adjusted returns?

VIGIX currently has the higher Sharpe Ratio (1.19 vs 0.93), 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.