VMGRX vs. FMDGX
Compare and contrast key facts about Vanguard Mid-Cap Growth Fund (VMGRX) and Fidelity Mid Cap Growth Index Fund (FMDGX).
VMGRX is managed by Vanguard. It was launched on Dec 31, 1997. FMDGX is managed by Fidelity. It was launched on Jul 11, 2019.
Performance
VMGRX vs. FMDGX - Performance Comparison
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VMGRX vs. FMDGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VMGRX Vanguard Mid-Cap Growth Fund | -12.52% | 8.80% | 17.73% | 24.15% | -30.13% | 9.21% | 33.40% | 1.21% |
FMDGX Fidelity Mid Cap Growth Index Fund | -6.36% | 8.60% | 22.03% | 25.79% | -26.67% | 12.67% | 34.84% | 4.63% |
Returns By Period
In the year-to-date period, VMGRX achieves a -12.52% return, which is significantly lower than FMDGX's -6.36% return.
VMGRX
- 1D
- 4.07%
- 1M
- -8.39%
- YTD
- -12.52%
- 6M
- -12.25%
- 1Y
- 4.80%
- 3Y*
- 8.28%
- 5Y*
- 0.70%
- 10Y*
- 8.45%
FMDGX
- 1D
- 3.60%
- 1M
- -6.39%
- YTD
- -6.36%
- 6M
- -9.60%
- 1Y
- 8.49%
- 3Y*
- 12.67%
- 5Y*
- 4.92%
- 10Y*
- —
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VMGRX vs. FMDGX - Expense Ratio Comparison
VMGRX has a 0.33% expense ratio, which is higher than FMDGX's 0.05% expense ratio.
Return for Risk
VMGRX vs. FMDGX — Risk / Return Rank
VMGRX
FMDGX
VMGRX vs. FMDGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid-Cap Growth Fund (VMGRX) and Fidelity Mid Cap Growth Index Fund (FMDGX). 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.
| VMGRX | FMDGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.23 | 0.41 | -0.19 |
Sortino ratioReturn per unit of downside risk | 0.49 | 0.76 | -0.27 |
Omega ratioGain probability vs. loss probability | 1.07 | 1.10 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 0.27 | 0.63 | -0.36 |
Martin ratioReturn relative to average drawdown | 0.93 | 1.97 | -1.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VMGRX | FMDGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.23 | 0.41 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | 0.22 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.38 | -0.05 |
Correlation
The correlation between VMGRX and FMDGX is 0.98, 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.
Dividends
VMGRX vs. FMDGX - Dividend Comparison
VMGRX's dividend yield for the trailing twelve months is around 20.28%, more than FMDGX's 1.98% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMGRX Vanguard Mid-Cap Growth Fund | 20.28% | 17.74% | 1.80% | 0.39% | 0.26% | 34.53% | 6.30% | 10.43% | 14.53% | 3.13% | 0.67% | 8.20% |
FMDGX Fidelity Mid Cap Growth Index Fund | 1.98% | 1.85% | 0.47% | 0.63% | 0.81% | 6.43% | 0.36% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VMGRX vs. FMDGX - Drawdown Comparison
The maximum VMGRX drawdown since its inception was -71.74%, which is greater than FMDGX's maximum drawdown of -38.59%. Use the drawdown chart below to compare losses from any high point for VMGRX and FMDGX.
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Drawdown Indicators
| VMGRX | FMDGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.74% | -38.59% | -33.15% |
Max Drawdown (1Y)Largest decline over 1 year | -19.09% | -14.75% | -4.34% |
Max Drawdown (5Y)Largest decline over 5 years | -39.71% | -38.59% | -1.12% |
Max Drawdown (10Y)Largest decline over 10 years | -39.71% | — | — |
Current DrawdownCurrent decline from peak | -15.80% | -11.68% | -4.12% |
Average DrawdownAverage peak-to-trough decline | -24.60% | -11.34% | -13.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.60% | 4.70% | +0.90% |
Volatility
VMGRX vs. FMDGX - Volatility Comparison
Vanguard Mid-Cap Growth Fund (VMGRX) has a higher volatility of 8.29% compared to Fidelity Mid Cap Growth Index Fund (FMDGX) at 6.94%. This indicates that VMGRX's price experiences larger fluctuations and is considered to be riskier than FMDGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VMGRX | FMDGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.29% | 6.94% | +1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 15.22% | 13.16% | +2.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.61% | 23.17% | +1.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.23% | 22.41% | +0.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.23% | 24.50% | -2.27% |