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 0.75, 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:
1.58
VHT:
0.60
VMGMX:
2.14
VHT:
0.90
VMGMX:
1.28
VHT:
1.11
VMGMX:
1.41
VHT:
0.57
VMGMX:
8.14
VHT:
1.54
VMGMX:
2.97%
VHT:
4.55%
VMGMX:
15.25%
VHT:
11.62%
VMGMX:
-37.17%
VHT:
-39.12%
VMGMX:
-2.09%
VHT:
-5.92%
Returns By Period
The year-to-date returns for both investments are quite close, with VMGMX having a 5.86% return and VHT slightly higher at 6.02%. Over the past 10 years, VMGMX has outperformed VHT with an annualized return of 11.22%, while VHT has yielded a comparatively lower 9.30% annualized return.
VMGMX
5.86%
5.37%
15.58%
22.81%
11.60%
11.22%
VHT
6.02%
6.23%
-1.33%
6.07%
9.07%
9.30%
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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 0.63%, less than VHT's 1.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMGMX Vanguard Mid-Cap Growth Index Fund Admiral Shares | 0.63% | 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 | 1.44% | 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 4.09%. 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.