VMGMX vs. VTI
Compare and contrast key facts about Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX) and Vanguard Total Stock Market ETF (VTI).
VMGMX is managed by Vanguard. It was launched on Sep 27, 2011. VTI is a passively managed fund by Vanguard that tracks the performance of the CRSP US Total Market Index. It was launched on May 24, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VMGMX or VTI.
Key characteristics
| VMGMX | VTI | |
|---|---|---|
| YTD Return | 21.11% | 26.70% |
| 1Y Return | 38.17% | 38.81% |
| 3Y Return (Ann) | 1.00% | 8.86% |
| 5Y Return (Ann) | 12.57% | 15.46% |
| 10Y Return (Ann) | 11.00% | 12.95% |
| Sharpe Ratio | 2.69 | 3.23 |
| Sortino Ratio | 3.60 | 4.29 |
| Omega Ratio | 1.47 | 1.60 |
| Calmar Ratio | 1.52 | 4.77 |
| Martin Ratio | 16.05 | 21.07 |
| Ulcer Index | 2.49% | 1.94% |
| Daily Std Dev | 14.84% | 12.59% |
| Max Drawdown | -37.17% | -55.45% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between VMGMX and VTI is 0.93, 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. VTI - Performance Comparison
In the year-to-date period, VMGMX achieves a 21.11% return, which is significantly lower than VTI's 26.70% return. Over the past 10 years, VMGMX has underperformed VTI with an annualized return of 11.00%, while VTI has yielded a comparatively higher 12.95% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VMGMX vs. VTI - Expense Ratio Comparison
VMGMX has a 0.07% expense ratio, which is higher than VTI'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. VTI - 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 Total Stock Market ETF (VTI). 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. VTI - Dividend Comparison
VMGMX's dividend yield for the trailing twelve months is around 0.66%, less than VTI's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMGMX Vanguard Mid-Cap Growth Index Fund Admiral Shares | 0.66% | 0.71% | 0.78% | 0.34% | 0.56% | 0.78% | 0.84% | 0.72% | 0.81% | 0.82% | 0.79% | 0.61% |
VTI Vanguard Total Stock Market ETF | 1.26% | 1.44% | 1.67% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% | 1.76% | 1.74% |
Drawdowns
VMGMX vs. VTI - Drawdown Comparison
The maximum VMGMX drawdown since its inception was -37.17%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for VMGMX and VTI. For additional features, visit the drawdowns tool.
Volatility
VMGMX vs. VTI - Volatility Comparison
Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX) has a higher volatility of 4.58% compared to Vanguard Total Stock Market ETF (VTI) at 4.07%. This indicates that VMGMX's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.