VMGIX vs. VGT
Compare and contrast key facts about Vanguard Mid-Cap Growth Index Fund (VMGIX) and Vanguard Information Technology ETF (VGT).
VMGIX is managed by Vanguard. It was launched on Aug 17, 2006. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VMGIX or VGT.
Correlation
The correlation between VMGIX and VGT is 0.87, 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.
Performance
VMGIX vs. VGT - Performance Comparison
Key characteristics
VMGIX:
1.43
VGT:
1.55
VMGIX:
1.97
VGT:
2.05
VMGIX:
1.25
VGT:
1.28
VMGIX:
1.14
VGT:
2.18
VMGIX:
8.19
VGT:
7.80
VMGIX:
2.64%
VGT:
4.26%
VMGIX:
15.11%
VGT:
21.45%
VMGIX:
-60.20%
VGT:
-54.63%
VMGIX:
-5.59%
VGT:
-2.41%
Returns By Period
In the year-to-date period, VMGIX achieves a 18.70% return, which is significantly lower than VGT's 31.34% return. Over the past 10 years, VMGIX has underperformed VGT with an annualized return of 10.41%, while VGT has yielded a comparatively higher 20.77% annualized return.
VMGIX
18.70%
-2.13%
12.72%
19.04%
10.98%
10.41%
VGT
31.34%
2.11%
9.77%
31.45%
22.00%
20.77%
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VMGIX vs. VGT - Expense Ratio Comparison
VMGIX has a 0.19% expense ratio, which is higher than VGT's 0.10% 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%.
Risk-Adjusted Performance
VMGIX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid-Cap Growth Index Fund (VMGIX) 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.
Dividends
VMGIX vs. VGT - Dividend Comparison
VMGIX's dividend yield for the trailing twelve months is around 0.38%, less than VGT's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMGIX Vanguard Mid-Cap Growth Index Fund | 0.38% | 0.60% | 0.64% | 0.23% | 0.46% | 0.67% | 0.70% | 0.61% | 0.70% | 0.69% | 0.64% | 0.48% |
VGT Vanguard Information Technology ETF | 0.59% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
VMGIX vs. VGT - Drawdown Comparison
The maximum VMGIX drawdown since its inception was -60.20%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for VMGIX and VGT. For additional features, visit the drawdowns tool.
Volatility
VMGIX vs. VGT - Volatility Comparison
Vanguard Mid-Cap Growth Index Fund (VMGIX) and Vanguard Information Technology ETF (VGT) have volatilities of 5.66% and 5.62%, 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.