VIGIX vs. VHGEX
Compare and contrast key facts about Vanguard Growth Index Fund Institutional Shares (VIGIX) and Vanguard Global Equity Fund (VHGEX).
VIGIX is managed by Vanguard. It was launched on May 14, 1998. VHGEX is managed by Vanguard. It was launched on Aug 14, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VIGIX or VHGEX.
Key characteristics
| VIGIX | VHGEX | |
|---|---|---|
| YTD Return | 12.85% | 9.59% |
| 1Y Return | 34.79% | 21.10% |
| 3Y Return (Ann) | 10.88% | 3.01% |
| 5Y Return (Ann) | 17.91% | 10.53% |
| 10Y Return (Ann) | 15.25% | 8.90% |
| Sharpe Ratio | 2.35 | 1.55 |
| Daily Std Dev | 15.70% | 14.10% |
| Max Drawdown | -56.81% | -64.62% |
| Current Drawdown | -0.27% | -0.06% |
Correlation
The correlation between VIGIX and VHGEX 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.
Performance
VIGIX vs. VHGEX - Performance Comparison
In the year-to-date period, VIGIX achieves a 12.85% return, which is significantly higher than VHGEX's 9.59% return. Over the past 10 years, VIGIX has outperformed VHGEX with an annualized return of 15.25%, while VHGEX has yielded a comparatively lower 8.90% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VIGIX vs. VHGEX - Expense Ratio Comparison
VIGIX has a 0.04% expense ratio, which is lower than VHGEX's 0.45% expense ratio.
Risk-Adjusted Performance
VIGIX vs. VHGEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Growth Index Fund Institutional Shares (VIGIX) and Vanguard Global Equity Fund (VHGEX). 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
VIGIX vs. VHGEX - Dividend Comparison
VIGIX's dividend yield for the trailing twelve months is around 0.53%, less than VHGEX's 1.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIGIX Vanguard Growth Index Fund Institutional Shares | 0.53% | 0.58% | 0.70% | 0.48% | 0.66% | 0.95% | 1.32% | 1.15% | 1.40% | 1.31% | 1.22% | 1.20% |
VHGEX Vanguard Global Equity Fund | 1.05% | 1.15% | 11.32% | 10.90% | 2.88% | 6.20% | 8.45% | 1.29% | 1.51% | 1.71% | 1.56% | 1.53% |
Drawdowns
VIGIX vs. VHGEX - Drawdown Comparison
The maximum VIGIX drawdown since its inception was -56.81%, smaller than the maximum VHGEX drawdown of -64.62%. Use the drawdown chart below to compare losses from any high point for VIGIX and VHGEX. For additional features, visit the drawdowns tool.
Volatility
VIGIX vs. VHGEX - Volatility Comparison
Vanguard Growth Index Fund Institutional Shares (VIGIX) has a higher volatility of 5.08% compared to Vanguard Global Equity Fund (VHGEX) at 3.73%. This indicates that VIGIX's price experiences larger fluctuations and is considered to be riskier than VHGEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.