VITAX vs. VGT

Last updated Jun 21, 2026

VITAX (Vanguard Information Technology Index Fund Admiral Shares) and VGT (Vanguard Information Technology ETF) are both Technology Equities funds from Vanguard - VITAX tracks the MSCI US Investable Market Information Technology 25/50 Index while VGT tracks the MSCI USA IMI Information Technology 25/50 Index. Both are passively managed. Over the past 10 years, VITAX returned 25.57%/yr vs 25.56%/yr for VGT. With a 0.98 correlation, they move nearly in lockstep. Both charge a 0.09% expense ratio.

Performance

VITAX vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Information Technology Index Fund Admiral Shares (VITAX) and Vanguard Information Technology ETF (VGT). 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 VITAX having a 27.68% return and VGT slightly lower at 27.53%. Both investments have delivered pretty close results over the past 10 years, with VITAX having a 25.57% annualized return and VGT not far behind at 25.56%.

VITAX

• 1D: 2.76%
• 1M: 4.90%
• YTD: 27.68%
• 6M: 27.27%
• 1Y: 53.53%
• 3Y*: 30.54%
• 5Y*: 20.95%
• 10Y*: 25.57%

VGT

• 1D: 2.66%
• 1M: 4.85%
• YTD: 27.53%
• 6M: 27.24%
• 1Y: 53.46%
• 3Y*: 30.51%
• 5Y*: 20.91%
• 10Y*: 25.56%

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

VITAX vs. VGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VITAX Vanguard Information Technology Index Fund Admiral Shares	27.68%	21.78%	29.26%	52.69%	-29.67%	30.36%	45.93%	48.72%	2.51%	37.07%
VGT Vanguard Information Technology ETF	27.53%	21.77%	29.30%	52.66%	-29.70%	30.45%	46.04%	48.62%	2.46%	37.08%

Correlation

The correlation between VITAX and VGT is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (10Y) Calculated over the trailing 10-year period	1.00
Correlation (All Time) Calculated using the full available price history since Feb 2, 2004	0.98

The correlation between VITAX and VGT has been stable across timeframes, ranging from 0.98 to 1.00 - a consistent structural relationship.

VITAX vs. VGT - Sectors Allocation Comparison

Sectors	VITAX	VGT
Technology	98.5%	98.5%
Communication Services	0.6%	0.5%
Financial Services	0.5%	0.5%
Energy	0.3%	0.3%
Industrials	0.3%	0.4%
Consumer Cyclical	0.1%	0.1%
Basic Materials	0.0%	0.0%
Healthcare	0.0%	0.0%
Consumer Defensive	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

VITAX vs. VGT — Risk / Return Rank

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

VITAX

VITAX Risk / Return Rank: 68
VITAX Sharpe Ratio Rank: 80
VITAX Sortino Ratio Rank: 64
VITAX Omega Ratio Rank: 64
VITAX Calmar Ratio Rank: 79
VITAX Martin Ratio Rank: 54

VGT

VGT Risk / Return Rank: 69
VGT Sharpe Ratio Rank: 79
VGT Sortino Ratio Rank: 68
VGT Omega Ratio Rank: 70
VGT Calmar Ratio Rank: 68
VGT Martin Ratio Rank: 58

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.

VITAX vs. VGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Information Technology Index Fund Admiral Shares (VITAX) and Vanguard Information Technology ETF (VGT). 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.

	VITAX	VGT	Difference
Sharpe ratio: Return per unit of total volatility	2.36	2.37	0.00
Sortino ratio: Return per unit of downside risk	2.93	2.94	0.00
Omega ratio: Gain probability vs. loss probability	1.39	1.39	0.00
Calmar ratio: Return relative to maximum drawdown	3.25	3.24	+0.01
Martin ratio: Return relative to average drawdown	9.95	9.93	+0.01

VITAX vs. VGT - Sharpe Ratio Comparison

The current VITAX Sharpe Ratio is 2.36, which is comparable to the VGT Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of VITAX and VGT, 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

VITAX vs. VGT - Drawdown Comparison

The maximum VITAX drawdown since its inception was -54.81%, roughly equal to the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for VITAX and VGT.

Drawdown Indicators

	VITAX	VGT	Difference
Max Drawdown Largest peak-to-trough decline	-54.81%	-54.63%	-0.18%
Max Drawdown (1Y) Largest decline over 1 year	-16.38%	-16.40%	+0.02%
Max Drawdown (3Y) Largest decline over 3 years	-27.38%	-27.23%	-0.15%
Max Drawdown (5Y) Largest decline over 5 years	-35.10%	-35.07%	-0.03%
Max Drawdown (10Y) Largest decline over 10 years	-35.10%	-35.07%	-0.03%
Current Drawdown Current decline from peak	-4.47%	-4.56%	+0.09%
Average Drawdown Average peak-to-trough decline	-8.01%	-7.95%	-0.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.34%	5.33%	+0.01%

Volatility

VITAX vs. VGT - Volatility Comparison

Vanguard Information Technology Index Fund Admiral Shares (VITAX) and Vanguard Information Technology ETF (VGT) have volatilities of 10.83% and 10.81%, 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.

Volatility by Period

	VITAX	VGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.83%	10.81%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	18.44%	18.34%	+0.10%
Volatility (1Y) Calculated over the trailing 1-year period	22.50%	22.40%	+0.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.70%	25.49%	+0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.01%	24.77%	+0.24%

VITAX vs. VGT - Expense Ratio Comparison

Both VITAX and VGT have an expense ratio of 0.09%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

VITAX vs. VGT - Dividend Comparison

VITAX's dividend yield for the trailing twelve months is around 0.32%, which matches VGT's 0.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VGT Vanguard Information Technology ETF	0.32%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%
VITAX Vanguard Information Technology Index Fund Admiral Shares	0.32%	0.40%	0.60%	0.65%	0.91%	0.63%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both VITAX and VGT in my portfolio?

With a correlation of 1.00, VITAX and VGT 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, VITAX or VGT?

VITAX has higher volatility (10.83%) compared to VGT (10.81%). In terms of maximum drawdown, VITAX dropped -54.81% vs VGT's -54.63%.

Which has better risk-adjusted returns?

VGT currently has the higher Sharpe Ratio (2.37 vs 2.36), 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.