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

Correlation

The correlation between VMVLX and VMVAX is 0.87, 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

VMVLX vs. VMVAX - 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 Mid-Cap Value Index Fund Admiral Shares (VMVAX). The values are adjusted to include any dividend payments, if applicable.

300.00%350.00%400.00%December2025FebruaryMarchAprilMay
402.66%
341.35%
VMVLX
VMVAX

Key characteristics

Sharpe Ratio

VMVLX:

0.72

VMVAX:

0.52

Sortino Ratio

VMVLX:

1.08

VMVAX:

0.84

Omega Ratio

VMVLX:

1.16

VMVAX:

1.11

Calmar Ratio

VMVLX:

0.84

VMVAX:

0.47

Martin Ratio

VMVLX:

3.23

VMVAX:

1.58

Ulcer Index

VMVLX:

3.40%

VMVAX:

5.48%

Daily Std Dev

VMVLX:

15.26%

VMVAX:

16.58%

Max Drawdown

VMVLX:

-56.30%

VMVAX:

-43.07%

Current Drawdown

VMVLX:

-5.99%

VMVAX:

-9.19%

Returns By Period

In the year-to-date period, VMVLX achieves a 0.20% return, which is significantly higher than VMVAX's -1.73% return. Over the past 10 years, VMVLX has outperformed VMVAX with an annualized return of 10.11%, while VMVAX has yielded a comparatively lower 7.90% annualized return.


VMVLX

YTD

0.20%

1M

6.27%

6M

-1.44%

1Y

9.16%

5Y*

14.93%

10Y*

10.11%

VMVAX

YTD

-1.73%

1M

8.30%

6M

-4.51%

1Y

6.54%

5Y*

14.94%

10Y*

7.90%

*Annualized

Compare stocks, funds, or ETFs

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VMVLX vs. VMVAX - Expense Ratio Comparison

VMVLX has a 0.06% expense ratio, which is lower than VMVAX'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%.


Risk-Adjusted Performance

VMVLX vs. VMVAX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VMVLX
The Risk-Adjusted Performance Rank of VMVLX is 6565
Overall Rank
The Sharpe Ratio Rank of VMVLX is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of VMVLX is 5959
Sortino Ratio Rank
The Omega Ratio Rank of VMVLX is 6060
Omega Ratio Rank
The Calmar Ratio Rank of VMVLX is 7676
Calmar Ratio Rank
The Martin Ratio Rank of VMVLX is 6969
Martin Ratio Rank

VMVAX
The Risk-Adjusted Performance Rank of VMVAX is 4747
Overall Rank
The Sharpe Ratio Rank of VMVAX is 4646
Sharpe Ratio Rank
The Sortino Ratio Rank of VMVAX is 4747
Sortino Ratio Rank
The Omega Ratio Rank of VMVAX is 4545
Omega Ratio Rank
The Calmar Ratio Rank of VMVAX is 5252
Calmar Ratio Rank
The Martin Ratio Rank of VMVAX is 4444
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VMVLX vs. VMVAX - 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 Mid-Cap Value Index Fund Admiral Shares (VMVAX). 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.


The current VMVLX Sharpe Ratio is 0.72, which is higher than the VMVAX Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of VMVLX and VMVAX, 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 Ratio0.001.002.003.00December2025FebruaryMarchAprilMay
0.72
0.52
VMVLX
VMVAX

Dividends

VMVLX vs. VMVAX - Dividend Comparison

VMVLX's dividend yield for the trailing twelve months is around 2.31%, less than VMVAX's 2.37% yield.


TTM20242023202220212020201920182017201620152014
VMVLX
Vanguard Mega Cap Value Index Fund Institutional Shares
2.31%2.32%2.48%2.46%2.18%2.47%2.70%2.66%2.36%2.53%2.62%2.29%
VMVAX
Vanguard Mid-Cap Value Index Fund Admiral Shares
2.37%2.11%2.27%2.27%1.78%2.36%2.05%2.75%1.86%1.91%2.04%1.67%

Drawdowns

VMVLX vs. VMVAX - Drawdown Comparison

The maximum VMVLX drawdown since its inception was -56.30%, which is greater than VMVAX's maximum drawdown of -43.07%. Use the drawdown chart below to compare losses from any high point for VMVLX and VMVAX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-5.99%
-9.19%
VMVLX
VMVAX

Volatility

VMVLX vs. VMVAX - Volatility Comparison

Vanguard Mega Cap Value Index Fund Institutional Shares (VMVLX) and Vanguard Mid-Cap Value Index Fund Admiral Shares (VMVAX) have volatilities of 10.46% and 10.94%, 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%4.00%6.00%8.00%10.00%12.00%December2025FebruaryMarchAprilMay
10.46%
10.94%
VMVLX
VMVAX