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:
0.97
VOO:
1.47
VMGMX:
1.37
VOO:
1.99
VMGMX:
1.17
VOO:
1.27
VMGMX:
0.92
VOO:
2.23
VMGMX:
4.75
VOO:
9.05
VMGMX:
3.13%
VOO:
2.08%
VMGMX:
15.35%
VOO:
12.84%
VMGMX:
-37.17%
VOO:
-33.99%
VMGMX:
-6.11%
VOO:
-3.08%
Returns By Period
In the year-to-date period, VMGMX achieves a 2.32% return, which is significantly higher than VOO's 1.40% return. Over the past 10 years, VMGMX has underperformed VOO with an annualized return of 10.09%, while VOO has yielded a comparatively higher 13.00% annualized return.
VMGMX
2.32%
-4.05%
9.63%
13.01%
12.17%
10.09%
VOO
1.40%
-1.27%
6.13%
17.41%
16.49%
13.00%
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. 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 0.66%, less than VOO's 1.23% 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% |
VOO Vanguard S&P 500 ETF | 1.23% | 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 3.70%. 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.