VMGIX vs. VLXVX
Compare and contrast key facts about Vanguard Mid-Cap Growth Index Fund (VMGIX) and Vanguard Target Retirement 2065 Fund (VLXVX).
VMGIX is managed by Vanguard. It was launched on Aug 17, 2006. VLXVX is managed by Vanguard. It was launched on Jul 12, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VMGIX or VLXVX.
Performance
VMGIX vs. VLXVX - Performance Comparison
Returns By Period
In the year-to-date period, VMGIX achieves a 21.28% return, which is significantly higher than VLXVX's 15.83% return.
VMGIX
21.28%
6.64%
14.95%
32.17%
12.13%
10.70%
VLXVX
15.83%
0.09%
8.08%
22.63%
10.11%
N/A
Key characteristics
| VMGIX | VLXVX | |
|---|---|---|
| Sharpe Ratio | 2.23 | 2.12 |
| Sortino Ratio | 3.01 | 2.94 |
| Omega Ratio | 1.39 | 1.39 |
| Calmar Ratio | 1.42 | 3.25 |
| Martin Ratio | 13.02 | 13.41 |
| Ulcer Index | 2.52% | 1.71% |
| Daily Std Dev | 14.66% | 10.82% |
| Max Drawdown | -60.20% | -31.42% |
| Current Drawdown | 0.00% | -1.36% |
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VMGIX vs. VLXVX - Expense Ratio Comparison
VMGIX has a 0.19% expense ratio, which is higher than VLXVX's 0.08% 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%.
Correlation
The correlation between VMGIX and VLXVX 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.
Risk-Adjusted Performance
VMGIX vs. VLXVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid-Cap Growth Index Fund (VMGIX) and Vanguard Target Retirement 2065 Fund (VLXVX). 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. VLXVX - Dividend Comparison
VMGIX's dividend yield for the trailing twelve months is around 0.56%, less than VLXVX's 1.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMGIX Vanguard Mid-Cap Growth Index Fund | 0.56% | 0.60% | 0.64% | 0.23% | 0.46% | 0.67% | 0.70% | 0.61% | 0.70% | 0.69% | 0.64% | 0.48% |
VLXVX Vanguard Target Retirement 2065 Fund | 1.78% | 2.06% | 2.00% | 1.70% | 1.45% | 1.90% | 1.85% | 0.78% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VMGIX vs. VLXVX - Drawdown Comparison
The maximum VMGIX drawdown since its inception was -60.20%, which is greater than VLXVX's maximum drawdown of -31.42%. Use the drawdown chart below to compare losses from any high point for VMGIX and VLXVX. For additional features, visit the drawdowns tool.
Volatility
VMGIX vs. VLXVX - Volatility Comparison
Vanguard Mid-Cap Growth Index Fund (VMGIX) has a higher volatility of 4.78% compared to Vanguard Target Retirement 2065 Fund (VLXVX) at 2.81%. This indicates that VMGIX's price experiences larger fluctuations and is considered to be riskier than VLXVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.