VMFGX vs. VUG
Compare and contrast key facts about Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares (VMFGX) and Vanguard Growth ETF (VUG).
VMFGX is managed by Vanguard. It was launched on Mar 28, 2011. VUG is a passively managed fund by Vanguard that tracks the performance of the CRSP US Large Cap Growth Index. It was launched on Nov 13, 2000.
Performance
VMFGX vs. VUG - Performance Comparison
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VMFGX vs. VUG - 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 | 3.91% | 7.43% | 15.86% | 17.42% | -18.99% | 18.83% | 22.61% | 26.20% | -10.39% | 19.87% |
VUG Vanguard Growth ETF | -9.39% | 19.40% | 32.69% | 46.83% | -33.16% | 27.35% | 40.25% | 37.03% | -3.32% | 27.72% |
Returns By Period
In the year-to-date period, VMFGX achieves a 3.91% return, which is significantly higher than VUG's -9.39% return. Over the past 10 years, VMFGX has underperformed VUG with an annualized return of 10.58%, while VUG has yielded a comparatively higher 16.16% annualized return.
VMFGX
- 1D
- 3.44%
- 1M
- -6.81%
- YTD
- 3.91%
- 6M
- 4.99%
- 1Y
- 20.83%
- 3Y*
- 13.08%
- 5Y*
- 5.78%
- 10Y*
- 10.58%
VUG
- 1D
- 1.09%
- 1M
- -4.37%
- YTD
- -9.39%
- 6M
- -8.17%
- 1Y
- 18.52%
- 3Y*
- 21.59%
- 5Y*
- 11.67%
- 10Y*
- 16.16%
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VMFGX vs. VUG - Expense Ratio Comparison
VMFGX has a 0.08% expense ratio, which is higher than VUG's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
VMFGX vs. VUG — Risk / Return Rank
VMFGX
VUG
VMFGX vs. VUG - 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 Growth ETF (VUG). 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 | VUG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 0.82 | +0.17 |
Sortino ratioReturn per unit of downside risk | 1.53 | 1.32 | +0.20 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.19 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.60 | 1.19 | +0.41 |
Martin ratioReturn relative to average drawdown | 6.93 | 4.15 | +2.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VMFGX | VUG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 0.82 | +0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.53 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.76 | -0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.57 | +0.02 |
Correlation
The correlation between VMFGX and VUG is 0.81, 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.
Dividends
VMFGX vs. VUG - Dividend Comparison
VMFGX's dividend yield for the trailing twelve months is around 0.68%, more than VUG's 0.45% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMFGX Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares | 0.68% | 0.70% | 0.84% | 1.21% | 1.12% | 0.53% | 0.79% | 1.22% | 1.18% | 0.93% | 1.14% | 1.14% |
VUG Vanguard Growth ETF | 0.45% | 0.41% | 0.47% | 0.58% | 0.70% | 0.48% | 0.66% | 0.95% | 1.32% | 1.14% | 1.39% | 1.30% |
Drawdowns
VMFGX vs. VUG - Drawdown Comparison
The maximum VMFGX drawdown since its inception was -39.15%, smaller than the maximum VUG drawdown of -50.68%. Use the drawdown chart below to compare losses from any high point for VMFGX and VUG.
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Drawdown Indicators
| VMFGX | VUG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.15% | -50.68% | +11.53% |
Max Drawdown (1Y)Largest decline over 1 year | -13.68% | -16.53% | +2.85% |
Max Drawdown (5Y)Largest decline over 5 years | -29.25% | -35.61% | +6.36% |
Max Drawdown (10Y)Largest decline over 10 years | -39.15% | -35.61% | -3.54% |
Current DrawdownCurrent decline from peak | -6.81% | -12.25% | +5.44% |
Average DrawdownAverage peak-to-trough decline | -5.76% | -7.13% | +1.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.16% | 4.72% | -1.56% |
Volatility
VMFGX vs. VUG - Volatility Comparison
Vanguard S&P Mid-Cap 400 Growth Index Fund Institutional Shares (VMFGX) has a higher volatility of 7.88% compared to Vanguard Growth ETF (VUG) at 7.12%. This indicates that VMFGX's price experiences larger fluctuations and is considered to be riskier than VUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VMFGX | VUG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.88% | 7.12% | +0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 13.16% | 12.70% | +0.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.12% | 22.70% | -0.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.55% | 22.22% | -1.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.99% | 21.38% | -0.39% |