VMGIX vs. VITAX
Compare and contrast key facts about Vanguard Mid-Cap Growth Index Fund (VMGIX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX).
VMGIX is managed by Vanguard. It was launched on Aug 17, 2006. VITAX is a passively managed fund by Vanguard that tracks the performance of the MSCI US IMI Info Technology 25/50. It was launched on Mar 25, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VMGIX or VITAX.
Correlation
The correlation between VMGIX and VITAX is 0.89, 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. VITAX - Performance Comparison
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Key characteristics
VMGIX:
0.78
VITAX:
0.53
VMGIX:
1.27
VITAX:
1.02
VMGIX:
1.18
VITAX:
1.14
VMGIX:
0.85
VITAX:
0.67
VMGIX:
3.01
VITAX:
2.19
VMGIX:
6.10%
VITAX:
8.38%
VMGIX:
22.06%
VITAX:
30.60%
VMGIX:
-60.20%
VITAX:
-54.81%
VMGIX:
-1.67%
VITAX:
-4.60%
Returns By Period
In the year-to-date period, VMGIX achieves a 7.15% return, which is significantly higher than VITAX's -0.66% return. Over the past 10 years, VMGIX has underperformed VITAX with an annualized return of 10.24%, while VITAX has yielded a comparatively higher 20.02% annualized return.
VMGIX
7.15%
15.77%
5.93%
16.91%
12.96%
10.24%
VITAX
-0.66%
22.02%
2.53%
16.43%
20.50%
20.02%
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VMGIX vs. VITAX - Expense Ratio Comparison
VMGIX has a 0.19% expense ratio, which is higher than VITAX'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. VITAX — Risk-Adjusted Performance Rank
VMGIX
VITAX
VMGIX vs. VITAX - 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 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.
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Dividends
VMGIX vs. VITAX - Dividend Comparison
VMGIX's dividend yield for the trailing twelve months is around 0.53%, more than VITAX's 0.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMGIX Vanguard Mid-Cap Growth Index Fund | 0.53% | 0.56% | 0.60% | 0.64% | 0.23% | 0.46% | 0.67% | 0.70% | 0.61% | 0.70% | 0.69% | 0.64% |
VITAX Vanguard Information Technology Index Fund Admiral Shares | 0.52% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.30% | 0.99% | 1.31% | 1.28% | 1.12% |
Drawdowns
VMGIX vs. VITAX - Drawdown Comparison
The maximum VMGIX drawdown since its inception was -60.20%, which is greater than VITAX's maximum drawdown of -54.81%. Use the drawdown chart below to compare losses from any high point for VMGIX and VITAX. For additional features, visit the drawdowns tool.
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Volatility
VMGIX vs. VITAX - Volatility Comparison
The current volatility for Vanguard Mid-Cap Growth Index Fund (VMGIX) is 6.12%, while Vanguard Information Technology Index Fund Admiral Shares (VITAX) has a volatility of 7.83%. This indicates that VMGIX 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.
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