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VMVLX vs. MGV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VMVLX and MGV is 0.99, 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.


-0.50.00.51.01.0

Performance

VMVLX vs. MGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Mega Cap Value Index Fund Institutional Shares (VMVLX) and Vanguard Mega Cap Value ETF (MGV). The values are adjusted to include any dividend payments, if applicable.

260.00%270.00%280.00%290.00%300.00%310.00%JulyAugustSeptemberOctoberNovemberDecember
288.95%
286.94%
VMVLX
MGV

Key characteristics

Sharpe Ratio

VMVLX:

1.87

MGV:

1.88

Sortino Ratio

VMVLX:

2.67

MGV:

2.68

Omega Ratio

VMVLX:

1.34

MGV:

1.34

Calmar Ratio

VMVLX:

2.72

MGV:

2.70

Martin Ratio

VMVLX:

10.59

MGV:

10.56

Ulcer Index

VMVLX:

1.80%

MGV:

1.80%

Daily Std Dev

VMVLX:

10.16%

MGV:

10.14%

Max Drawdown

VMVLX:

-56.30%

MGV:

-56.31%

Current Drawdown

VMVLX:

-5.99%

MGV:

-6.02%

Returns By Period

The year-to-date returns for both stocks are quite close, with VMVLX having a 16.78% return and MGV slightly lower at 16.75%. Both investments have delivered pretty close results over the past 10 years, with VMVLX having a 10.18% annualized return and MGV not far behind at 10.16%.


VMVLX

YTD

16.78%

1M

-4.44%

6M

6.15%

1Y

17.48%

5Y*

10.22%

10Y*

10.18%

MGV

YTD

16.75%

1M

-3.30%

6M

6.16%

1Y

17.98%

5Y*

10.23%

10Y*

10.16%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VMVLX vs. MGV - Expense Ratio Comparison

VMVLX has a 0.06% expense ratio, which is lower than MGV's 0.07% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


MGV
Vanguard Mega Cap Value ETF
Expense ratio chart for MGV: 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 VMVLX: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

VMVLX vs. MGV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Mega Cap Value Index Fund Institutional Shares (VMVLX) and Vanguard Mega Cap Value ETF (MGV). 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 VMVLX, currently valued at 1.87, compared to the broader market-1.000.001.002.003.004.001.871.88
The chart of Sortino ratio for VMVLX, currently valued at 2.67, compared to the broader market-2.000.002.004.006.008.0010.002.672.68
The chart of Omega ratio for VMVLX, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.003.501.341.34
The chart of Calmar ratio for VMVLX, currently valued at 2.72, compared to the broader market0.002.004.006.008.0010.0012.0014.002.722.70
The chart of Martin ratio for VMVLX, currently valued at 10.59, compared to the broader market0.0020.0040.0060.0010.5910.56
VMVLX
MGV

The current VMVLX Sharpe Ratio is 1.87, which is comparable to the MGV Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of VMVLX and MGV, 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 Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.87
1.88
VMVLX
MGV

Dividends

VMVLX vs. MGV - Dividend Comparison

VMVLX's dividend yield for the trailing twelve months is around 1.73%, which matches MGV's 1.72% yield.


TTM20232022202120202019201820172016201520142013
VMVLX
Vanguard Mega Cap Value Index Fund Institutional Shares
1.73%2.48%2.46%2.18%2.47%2.70%2.66%2.36%2.53%2.62%2.29%2.32%
MGV
Vanguard Mega Cap Value ETF
1.72%2.48%2.45%2.17%2.47%2.69%2.65%2.34%2.53%2.59%2.26%2.29%

Drawdowns

VMVLX vs. MGV - Drawdown Comparison

The maximum VMVLX drawdown since its inception was -56.30%, roughly equal to the maximum MGV drawdown of -56.31%. Use the drawdown chart below to compare losses from any high point for VMVLX and MGV. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.99%
-6.02%
VMVLX
MGV

Volatility

VMVLX vs. MGV - Volatility Comparison

Vanguard Mega Cap Value Index Fund Institutional Shares (VMVLX) and Vanguard Mega Cap Value ETF (MGV) have volatilities of 3.50% and 3.52%, 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%2.50%3.00%3.50%4.00%4.50%JulyAugustSeptemberOctoberNovemberDecember
3.50%
3.52%
VMVLX
MGV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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