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VMGMX vs. VOT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

VMGMX vs. VOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX) and Vanguard Mid-Cap Growth ETF (VOT). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
15.39%
15.37%
VMGMX
VOT

Returns By Period

The year-to-date returns for both stocks are quite close, with VMGMX having a 23.03% return and VOT slightly lower at 22.99%. Both investments have delivered pretty close results over the past 10 years, with VMGMX having a 11.00% annualized return and VOT not far behind at 10.99%.


VMGMX

YTD

23.03%

1M

8.82%

6M

15.39%

1Y

34.10%

5Y (annualized)

12.56%

10Y (annualized)

11.00%

VOT

YTD

22.99%

1M

8.84%

6M

15.37%

1Y

34.01%

5Y (annualized)

12.55%

10Y (annualized)

10.99%

Key characteristics


VMGMXVOT
Sharpe Ratio2.322.31
Sortino Ratio3.123.10
Omega Ratio1.401.40
Calmar Ratio1.491.49
Martin Ratio13.6013.49
Ulcer Index2.51%2.52%
Daily Std Dev14.71%14.70%
Max Drawdown-37.17%-60.17%
Current Drawdown0.00%0.00%

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VMGMX vs. VOT - Expense Ratio Comparison

Both VMGMX and VOT have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


VMGMX
Vanguard Mid-Cap Growth Index Fund Admiral Shares
Expense ratio chart for VMGMX: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%
Expense ratio chart for VOT: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%

Correlation

-0.50.00.51.01.0

The correlation between VMGMX and VOT is 1.00, 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

VMGMX vs. VOT - 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 Mid-Cap Growth ETF (VOT). 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.


Sharpe ratio
The chart of Sharpe ratio for VMGMX, currently valued at 2.32, compared to the broader market-1.000.001.002.003.004.005.002.322.31
The chart of Sortino ratio for VMGMX, currently valued at 3.12, compared to the broader market0.005.0010.003.123.10
The chart of Omega ratio for VMGMX, currently valued at 1.40, compared to the broader market1.002.003.004.001.401.40
The chart of Calmar ratio for VMGMX, currently valued at 1.49, compared to the broader market0.005.0010.0015.0020.001.491.49
The chart of Martin ratio for VMGMX, currently valued at 13.60, compared to the broader market0.0020.0040.0060.0080.00100.0013.6013.49
VMGMX
VOT

The current VMGMX Sharpe Ratio is 2.32, which is comparable to the VOT Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of VMGMX and VOT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
2.32
2.31
VMGMX
VOT

Dividends

VMGMX vs. VOT - Dividend Comparison

VMGMX's dividend yield for the trailing twelve months is around 0.65%, which matches VOT's 0.65% yield.


TTM20232022202120202019201820172016201520142013
VMGMX
Vanguard Mid-Cap Growth Index Fund Admiral Shares
0.65%0.71%0.78%0.34%0.56%0.78%0.84%0.72%0.81%0.82%0.79%0.61%
VOT
Vanguard Mid-Cap Growth ETF
0.65%0.71%0.78%0.34%0.56%0.78%0.84%0.72%0.81%0.81%0.79%0.61%

Drawdowns

VMGMX vs. VOT - Drawdown Comparison

The maximum VMGMX drawdown since its inception was -37.17%, smaller than the maximum VOT drawdown of -60.17%. Use the drawdown chart below to compare losses from any high point for VMGMX and VOT. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember00
VMGMX
VOT

Volatility

VMGMX vs. VOT - Volatility Comparison

Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX) and Vanguard Mid-Cap Growth ETF (VOT) have volatilities of 4.88% and 4.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
4.88%
4.93%
VMGMX
VOT