VMGMX vs. VOO
Compare and contrast key facts about Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX) and Vanguard S&P 500 ETF (VOO).
VMGMX is managed by Vanguard. It was launched on Sep 27, 2011. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VMGMX or VOO.
Correlation
The correlation between VMGMX and VOO is 0.90, 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. VOO - Performance Comparison
Key characteristics
VMGMX:
1.53
VOO:
1.96
VMGMX:
2.08
VOO:
2.62
VMGMX:
1.27
VOO:
1.36
VMGMX:
1.36
VOO:
2.99
VMGMX:
7.87
VOO:
12.55
VMGMX:
2.96%
VOO:
2.01%
VMGMX:
15.29%
VOO:
12.90%
VMGMX:
-37.17%
VOO:
-33.99%
VMGMX:
-2.92%
VOO:
-1.69%
Returns By Period
In the year-to-date period, VMGMX achieves a 4.96% return, which is significantly higher than VOO's 2.31% return. Over the past 10 years, VMGMX has underperformed VOO with an annualized return of 11.14%, while VOO has yielded a comparatively higher 13.71% annualized return.
VMGMX
4.96%
3.36%
15.90%
23.11%
11.07%
11.14%
VOO
2.31%
0.76%
10.79%
24.60%
14.76%
13.71%
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VMGMX vs. VOO - Expense Ratio Comparison
VMGMX has a 0.07% expense ratio, which is higher than VOO's 0.03% 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
VMGMX vs. VOO — Risk-Adjusted Performance Rank
VMGMX
VOO
VMGMX vs. VOO - 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 S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
VMGMX's dividend yield for the trailing twelve months is around 0.64%, less than VOO's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMGMX Vanguard Mid-Cap Growth Index Fund Admiral Shares | 0.64% | 0.67% | 0.71% | 0.78% | 0.34% | 0.56% | 0.78% | 0.84% | 0.72% | 0.81% | 0.82% | 0.79% |
VOO Vanguard S&P 500 ETF | 1.22% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
VMGMX vs. VOO - Drawdown Comparison
The maximum VMGMX drawdown since its inception was -37.17%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VMGMX and VOO. For additional features, visit the drawdowns tool.
Volatility
VMGMX vs. VOO - Volatility Comparison
Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX) has a higher volatility of 4.76% compared to Vanguard S&P 500 ETF (VOO) at 4.22%. This indicates that VMGMX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.