VMFGX vs. SECUX

Last updated Aug 4, 2026

VMFGX (Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares) and SECUX (Guggenheim StylePlus - Mid Growth Fund) are both Mid Cap Growth Equities funds. Over the past 10 years, VMFGX returned 11.02%/yr vs 10.44%/yr for SECUX. Their correlation of 0.95 means they have usually moved in the same direction. VMFGX charges 0.08%/yr vs 1.42%/yr for SECUX.

Performance

VMFGX vs. SECUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares (VMFGX) and Guggenheim StylePlus - Mid Growth Fund (SECUX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VMFGX achieves a 15.87% return, which is significantly higher than SECUX's 10.72% return. Over the past 10 years, VMFGX has outperformed SECUX with an annualized return of 11.02%, while SECUX has yielded a comparatively lower 10.44% 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%

SECUX

• 1D: 0.05%
• 1M: -3.43%
• 6M: 5.75%
• YTD: 10.72%
• 1Y: 10.40%
• 3Y*: 10.89%
• 5Y*: 3.42%
• 10Y*: 10.44%
• ALL TIME*: 5.70%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SECUX Guggenheim StylePlus - Mid Growth Fund	$0.00	$0.00	$0.00
VMFGX Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares	$0.00	$0.00	$0.00

VMFGX vs. SECUX - 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%
SECUX Guggenheim StylePlus - Mid Growth Fund	10.72%	1.86%	14.29%	26.43%	-28.33%	13.39%	31.95%	32.44%	-7.76%	24.15%

Correlation

The correlation between VMFGX and SECUX is 0.97 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.97
Correlation (3Y) Balances recent behavior with more history.	0.97
Correlation (5Y) Shows whether the relationship held over a longer period.	0.96
Correlation (10Y) Provides a long-term view across more market conditions.	0.94
Correlation (All Time) Calculated using the full available price history since Jan 3, 2012	0.95

The correlation between VMFGX and SECUX has been stable across timeframes, ranging from 0.94 to 0.97 - a consistent structural relationship.

Return for Risk

VMFGX vs. SECUX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VMFGX

VMFGX Risk / Return Rank: 44
VMFGX Sharpe Ratio Rank: 36
VMFGX Sortino Ratio Rank: 37
VMFGX Omega Ratio Rank: 34
VMFGX Calmar Ratio Rank: 57
VMFGX Martin Ratio Rank: 56

SECUX

SECUX Risk / Return Rank: 16
SECUX Sharpe Ratio Rank: 12
SECUX Sortino Ratio Rank: 13
SECUX Omega Ratio Rank: 12
SECUX Calmar Ratio Rank: 20
SECUX Martin Ratio Rank: 21

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VMFGX vs. SECUX - 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 Guggenheim StylePlus - Mid Growth Fund (SECUX). 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	SECUX	Difference
Sharpe ratio: Return per unit of total volatility	1.21	0.54	+0.67
Sortino ratio: Return per unit of downside risk	1.81	0.89	+0.92
Omega ratio: Gain probability vs. loss probability	1.22	1.10	+0.11
Calmar ratio: Return relative to maximum drawdown	2.16	1.01	+1.14
Martin ratio: Return relative to average drawdown	7.95	3.12	+4.83

VMFGX vs. SECUX - Sharpe Ratio Comparison

The current VMFGX Sharpe Ratio is 1.21, which is higher than the SECUX Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of VMFGX and SECUX, 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

VMFGX vs. SECUX - Drawdown Comparison

The maximum VMFGX drawdown since its inception was -39.15%, smaller than the maximum SECUX drawdown of -71.68%. Use the drawdown chart below to compare losses from any high point for VMFGX and SECUX.

Drawdown Indicators

	VMFGX	SECUX	Difference
Max Drawdown Largest peak-to-trough decline	-39.15%	-71.68%	+32.53%
Max Drawdown (1Y) Largest decline over 1 year	-9.91%	-9.17%	-0.74%
Max Drawdown (3Y) Largest decline over 3 years	-25.45%	-25.43%	-0.02%
Max Drawdown (5Y) Largest decline over 5 years	-29.25%	-37.80%	+8.55%
Max Drawdown (10Y) Largest decline over 10 years	-39.15%	-38.56%	-0.59%
Current Drawdown Current decline from peak	-4.68%	-5.69%	+1.01%
Average Drawdown Average peak-to-trough decline	-5.67%	-18.34%	+12.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	2.97%	-0.29%

Volatility

VMFGX vs. SECUX - Volatility Comparison

The current volatility for Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares (VMFGX) is 4.45%, while Guggenheim StylePlus - Mid Growth Fund (SECUX) has a volatility of 5.66%. This indicates that VMFGX experiences smaller price fluctuations and is considered to be less risky than SECUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VMFGX	SECUX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.45%	5.66%	-1.21%
Volatility (6M) Calculated over the trailing 6-month period	13.95%	14.13%	-0.18%
Volatility (1Y) Calculated over the trailing 1-year period	17.70%	17.24%	+0.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.70%	21.62%	-0.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.07%	21.23%	-0.16%

VMFGX vs. SECUX - Expense Ratio Comparison

VMFGX has a 0.08% expense ratio, which is lower than SECUX's 1.42% expense ratio.

Dividends

VMFGX vs. SECUX - Dividend Comparison

VMFGX's dividend yield for the trailing twelve months is around 0.61%, while SECUX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SECUX Guggenheim StylePlus - Mid Growth Fund	0.00%	0.00%	0.00%	2.31%	41.48%	6.54%	14.34%	2.18%	27.68%	12.89%	0.59%	14.34%
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

Can I hold both VMFGX and SECUX in my portfolio?

With a correlation of 0.97, VMFGX and SECUX 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, VMFGX or SECUX?

SECUX has higher volatility (5.66%) compared to VMFGX (4.45%). In terms of maximum drawdown, VMFGX dropped -39.15% vs SECUX's -71.68%.

Which has better risk-adjusted returns?

VMFGX currently has the higher Sharpe Ratio (1.21 vs 0.54), 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.