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 0.91, 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:
0.48
VGT:
0.37
VMGIX:
0.81
VGT:
0.71
VMGIX:
1.11
VGT:
1.10
VMGIX:
0.49
VGT:
0.41
VMGIX:
1.81
VGT:
1.41
VMGIX:
5.83%
VGT:
7.90%
VMGIX:
21.87%
VGT:
29.95%
VMGIX:
-60.20%
VGT:
-54.63%
VMGIX:
-10.82%
VGT:
-15.44%
Returns By Period
In the year-to-date period, VMGIX achieves a -2.82% return, which is significantly higher than VGT's -11.99% return. Over the past 10 years, VMGIX has underperformed VGT with an annualized return of 9.42%, while VGT has yielded a comparatively higher 18.91% annualized return.
VMGIX
-2.82%
0.92%
-0.26%
9.27%
11.78%
9.42%
VGT
-11.99%
0.61%
-8.98%
9.04%
19.52%
18.91%
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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 Rank
VMGIX
VGT
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 0.59%, more than VGT's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMGIX Vanguard Mid-Cap Growth Index Fund | 0.59% | 0.56% | 0.60% | 0.64% | 0.23% | 0.46% | 0.67% | 0.70% | 0.61% | 0.70% | 0.69% | 0.64% |
VGT Vanguard Information Technology ETF | 0.58% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
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
The current volatility for Vanguard Mid-Cap Growth Index Fund (VMGIX) is 15.03%, while Vanguard Information Technology ETF (VGT) has a volatility of 19.16%. This indicates that VMGIX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.