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:
0.12
VGT:
-0.04
VMGIX:
0.27
VGT:
0.11
VMGIX:
1.04
VGT:
1.01
VMGIX:
0.13
VGT:
-0.05
VMGIX:
0.47
VGT:
-0.17
VMGIX:
4.46%
VGT:
6.09%
VMGIX:
17.66%
VGT:
24.91%
VMGIX:
-60.20%
VGT:
-54.63%
VMGIX:
-14.74%
VGT:
-20.87%
Returns By Period
In the year-to-date period, VMGIX achieves a -7.10% return, which is significantly higher than VGT's -17.63% return. Over the past 10 years, VMGIX has underperformed VGT with an annualized return of 8.77%, while VGT has yielded a comparatively higher 18.24% annualized return.
VMGIX
-7.10%
-6.57%
-2.40%
1.88%
14.95%
8.77%
VGT
-17.63%
-11.42%
-11.23%
-1.21%
21.34%
18.24%
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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 0.61%, less than VGT's 0.62% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMGIX Vanguard Mid-Cap Growth Index Fund | 0.61% | 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 | 0.62% | 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 9.21%, while Vanguard Information Technology ETF (VGT) has a volatility of 11.12%. 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.