VMGMX vs. VHT
Compare and contrast key facts about Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX) and Vanguard Health Care ETF (VHT).
VMGMX is managed by Vanguard. It was launched on Sep 27, 2011. VHT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Health Care 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: VMGMX or VHT.
Correlation
The correlation between VMGMX and VHT is 0.74, 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
VMGMX vs. VHT - Performance Comparison
Key characteristics
VMGMX:
0.97
VHT:
0.20
VMGMX:
1.37
VHT:
0.35
VMGMX:
1.17
VHT:
1.04
VMGMX:
0.92
VHT:
0.19
VMGMX:
4.75
VHT:
0.48
VMGMX:
3.13%
VHT:
4.82%
VMGMX:
15.35%
VHT:
11.70%
VMGMX:
-37.17%
VHT:
-39.12%
VMGMX:
-6.11%
VHT:
-4.91%
Returns By Period
In the year-to-date period, VMGMX achieves a 2.32% return, which is significantly lower than VHT's 7.16% return. Over the past 10 years, VMGMX has outperformed VHT with an annualized return of 10.15%, while VHT has yielded a comparatively lower 8.88% annualized return.
VMGMX
2.32%
-4.80%
9.63%
13.01%
11.68%
10.15%
VHT
7.16%
0.03%
-4.91%
2.72%
9.74%
8.88%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VMGMX vs. VHT - Expense Ratio Comparison
VMGMX has a 0.07% expense ratio, which is lower than VHT's 0.10% expense ratio. Despite the difference, 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
VMGMX vs. VHT — Risk-Adjusted Performance Rank
VMGMX
VHT
VMGMX vs. VHT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX) and Vanguard Health Care ETF (VHT). 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
VMGMX vs. VHT - Dividend Comparison
VMGMX's dividend yield for the trailing twelve months is around 0.66%, less than VHT's 1.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMGMX Vanguard Mid-Cap Growth Index Fund Admiral Shares | 0.66% | 0.67% | 0.71% | 0.78% | 0.34% | 0.56% | 0.78% | 0.84% | 0.72% | 0.81% | 0.82% | 0.79% |
VHT Vanguard Health Care ETF | 1.42% | 1.53% | 1.36% | 1.33% | 1.14% | 1.21% | 1.89% | 1.38% | 1.31% | 1.45% | 1.22% | 1.02% |
Drawdowns
VMGMX vs. VHT - Drawdown Comparison
The maximum VMGMX drawdown since its inception was -37.17%, roughly equal to the maximum VHT drawdown of -39.12%. Use the drawdown chart below to compare losses from any high point for VMGMX and VHT. For additional features, visit the drawdowns tool.
Volatility
VMGMX vs. VHT - Volatility Comparison
Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX) has a higher volatility of 4.76% compared to Vanguard Health Care ETF (VHT) at 3.27%. This indicates that VMGMX's price experiences larger fluctuations and is considered to be riskier than VHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.