VMFGX vs. VITAX
VMFGX (Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares) and VITAX (Vanguard Information Technology Index Fund Admiral Shares) are both mutual funds - VMFGX is a Mid Cap Growth Equities fund managed by Vanguard, while VITAX is a Technology Equities fund tracking the MSCI US Investable Market Information Technology 25/50 Index. Over the past 10 years, VMFGX returned 11.68%/yr vs 25.97%/yr for VITAX. A 0.78 correlation means they provide meaningful diversification when combined. VMFGX charges 0.08%/yr vs 0.09%/yr for VITAX.
Performance
VMFGX vs. VITAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VMFGX achieves a 18.87% return, which is significantly lower than VITAX's 33.66% return. Over the past 10 years, VMFGX has underperformed VITAX with an annualized return of 11.68%, while VITAX has yielded a comparatively higher 25.97% annualized return.
VMFGX
- 1D
- 0.71%
- 1M
- 5.67%
- YTD
- 18.87%
- 6M
- 19.12%
- 1Y
- 29.92%
- 3Y*
- 18.07%
- 5Y*
- 8.83%
- 10Y*
- 11.68%
VITAX
- 1D
- 1.27%
- 1M
- 19.87%
- YTD
- 33.66%
- 6M
- 32.51%
- 1Y
- 62.61%
- 3Y*
- 34.15%
- 5Y*
- 23.05%
- 10Y*
- 25.97%
VMFGX vs. VITAX - 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 | 18.87% | 7.43% | 15.86% | 17.42% | -18.99% | 18.83% | 22.61% | 26.20% | -10.39% | 19.87% |
VITAX Vanguard Information Technology Index Fund Admiral Shares | 33.66% | 21.78% | 29.26% | 52.69% | -29.67% | 30.36% | 45.93% | 48.72% | 2.51% | 37.07% |
Correlation
The correlation between VMFGX and VITAX is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2012 | 0.78 |
The correlation between VMFGX and VITAX has been stable across timeframes, ranging from 0.69 to 0.78 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VMFGX vs. VITAX — Risk / Return Rank
VMFGX
VITAX
VMFGX vs. VITAX - 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 Vanguard Information Technology Index Fund Admiral Shares (VITAX). 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.
| VMFGX | VITAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.51 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | 4.00 | -0.81 |
| Martin ratioReturn relative to average drawdown | 12.69 | 12.75 | -0.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| VMFGX | VITAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.87 | 3.18 | -1.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.91 | -0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 1.05 | -0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.67 | -0.03 |
Drawdowns
VMFGX vs. VITAX - Drawdown Comparison
The maximum VMFGX drawdown since its inception was -39.15%, smaller than the maximum VITAX drawdown of -54.81%. Use the drawdown chart below to compare losses from any high point for VMFGX and VITAX.
Loading charts...
Drawdown Indicators
| VMFGX | VITAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.15% | -54.81% | +15.66% |
Max Drawdown (1Y)Largest decline over 1 year | -9.91% | -16.38% | +6.47% |
Max Drawdown (3Y)Largest decline over 3 years | -25.45% | -27.38% | +1.93% |
Max Drawdown (5Y)Largest decline over 5 years | -29.25% | -35.10% | +5.85% |
Max Drawdown (10Y)Largest decline over 10 years | -39.15% | -35.10% | -4.05% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -5.71% | -8.02% | +2.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 5.13% | -2.65% |
Volatility
VMFGX vs. VITAX - Volatility Comparison
The current volatility for Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares (VMFGX) is 5.18%, while Vanguard Information Technology Index Fund Admiral Shares (VITAX) has a volatility of 6.01%. This indicates that VMFGX experiences smaller price fluctuations and is considered to be less risky than VITAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VMFGX | VITAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.18% | 6.01% | -0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 13.09% | 16.09% | -3.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.85% | 20.61% | -3.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.61% | 25.39% | -4.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.05% | 24.84% | -3.79% |
VMFGX vs. VITAX - Expense Ratio Comparison
VMFGX has a 0.08% expense ratio, which is lower than VITAX's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VMFGX vs. VITAX - Dividend Comparison
VMFGX's dividend yield for the trailing twelve months is around 0.59%, more than VITAX's 0.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VITAX Vanguard Information Technology Index Fund Admiral Shares | 0.30% | 0.40% | 0.60% | 0.65% | 0.91% | 0.63% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% |
VMFGX Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares | 0.59% | 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 VITAX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VITAX has higher volatility (6.01%) compared to VMFGX (5.18%). In terms of maximum drawdown, VMFGX dropped -39.15% vs VITAX's -54.81%.
VITAX currently has the higher Sharpe Ratio (3.18 vs 1.87), 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.
Find the right allocation for VMFGX and VITAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer