VMFGX vs. BQMGX
VMFGX (Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares) and BQMGX (Bright Rock Mid Cap Growth Fund) are both Mid Cap Growth Equities funds. Over the past 10 years, VMFGX returned 11.02%/yr vs 8.98%/yr for BQMGX. Their correlation of 0.89 means they have usually moved in the same direction. VMFGX charges 0.08%/yr vs 1.07%/yr for BQMGX.
Performance
VMFGX vs. BQMGX - Performance Comparison
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Returns By Period
In the year-to-date period, VMFGX achieves a 15.87% return, which is significantly higher than BQMGX's 1.02% return. Over the past 10 years, VMFGX has outperformed BQMGX with an annualized return of 11.02%, while BQMGX has yielded a comparatively lower 8.98% annualized return.
VMFGX
- 1D
- -0.07%
- 1M
- -2.77%
- 6M
- 10.23%
- YTD
- 15.87%
- 1Y
- 22.89%
- 3Y*
- 13.98%
- 5Y*
- 7.54%
- 10Y*
- 11.02%
- ALL TIME*
- 12.08%
BQMGX
- 1D
- 0.34%
- 1M
- 0.46%
- 6M
- -0.54%
- YTD
- 1.02%
- 1Y
- -1.20%
- 3Y*
- 4.86%
- 5Y*
- 2.47%
- 10Y*
- 8.98%
- ALL TIME*
- 9.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
VMFGX vs. BQMGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VMFGX Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares | 15.87% | 7.43% | 15.86% | 17.42% | -18.99% | 18.83% | 22.61% | 26.20% | -10.39% | 19.87% |
BQMGX Bright Rock Mid Cap Growth Fund | 1.02% | -0.29% | 14.16% | 13.00% | -19.44% | 23.02% | 19.62% | 32.05% | -6.68% | 22.16% |
Correlation
The correlation between VMFGX and BQMGX is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.62 |
Correlation (3Y) Balances recent behavior with more history. | 0.79 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.85 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.87 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2012 | 0.89 |
Over the past year, the correlation between VMFGX and BQMGX has dropped to 0.62 - well below their long-term average of 0.89, suggesting their price drivers have been diverging.
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Return for Risk
VMFGX vs. BQMGX — Risk / Return Rank
VMFGX
BQMGX
VMFGX vs. BQMGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares (VMFGX) and Bright Rock Mid Cap Growth Fund (BQMGX). 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.
| VMFGX | BQMGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.40 | ||
| Sortino ratioReturn per unit of downside risk | +1.99 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 0.98 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 2.16 | -0.20 | +2.35 |
| Martin ratioReturn relative to average drawdown | 7.95 | -0.42 | +8.37 |
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Drawdowns
VMFGX vs. BQMGX - Drawdown Comparison
The maximum VMFGX drawdown since its inception was -39.15%, which is greater than BQMGX's maximum drawdown of -36.05%. Use the drawdown chart below to compare losses from any high point for VMFGX and BQMGX.
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Drawdown Indicators
| VMFGX | BQMGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.15% | -36.05% | -3.10% |
Max Drawdown (1Y)Largest decline over 1 year | -9.91% | -11.62% | +1.71% |
Max Drawdown (3Y)Largest decline over 3 years | -25.45% | -18.72% | -6.73% |
Max Drawdown (5Y)Largest decline over 5 years | -29.25% | -25.92% | -3.33% |
Max Drawdown (10Y)Largest decline over 10 years | -39.15% | -36.05% | -3.10% |
Current DrawdownCurrent decline from peak | -4.68% | -5.13% | +0.45% |
Average DrawdownAverage peak-to-trough decline | -5.67% | -5.88% | +0.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.68% | 5.51% | -2.83% |
Volatility
VMFGX vs. BQMGX - Volatility Comparison
Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares (VMFGX) has a higher volatility of 4.45% compared to Bright Rock Mid Cap Growth Fund (BQMGX) at 3.29%. This indicates that VMFGX's price experiences larger fluctuations and is considered to be riskier than BQMGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VMFGX | BQMGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.45% | 3.29% | +1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 13.95% | 9.38% | +4.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.70% | 12.41% | +5.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.70% | 16.85% | +3.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.07% | 17.92% | +3.15% |
VMFGX vs. BQMGX - Expense Ratio Comparison
VMFGX has a 0.08% expense ratio, which is lower than BQMGX's 1.07% expense ratio.
Dividends
VMFGX vs. BQMGX - Dividend Comparison
VMFGX's dividend yield for the trailing twelve months is around 0.61%, less than BQMGX's 4.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BQMGX Bright Rock Mid Cap Growth Fund | 4.08% | 4.12% | 5.99% | 0.00% | 5.90% | 8.05% | 5.27% | 3.50% | 0.00% | 0.08% | 1.07% | 5.80% |
VMFGX Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares | 0.61% | 0.70% | 0.84% | 1.21% | 1.12% | 0.53% | 0.79% | 1.22% | 1.18% | 0.93% | 1.14% | 1.14% |
Frequently Asked Questions
VMFGX and BQMGX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VMFGX has higher volatility (4.45%) compared to BQMGX (3.29%). In terms of maximum drawdown, VMFGX dropped -39.15% vs BQMGX's -36.05%.
VMFGX currently has the higher Sharpe Ratio (1.21 vs -0.19), 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.
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