VONE vs. VRGWX
VONE (Vanguard Russell 1000 ETF) and VRGWX (Vanguard Russell 1000 Growth Index Fund Institutional Shares) are both funds - VONE is a Large Cap Blend Equities fund tracking the Russell 1000 Index, while VRGWX is a Large Cap Growth Equities fund managed by Vanguard. Over the past 10 years, VONE returned 15.25%/yr vs 19.22%/yr for VRGWX. Their correlation of 0.94 suggests significant overlap in exposure. VONE charges 0.08%/yr vs 0.07%/yr for VRGWX.
Performance
VONE vs. VRGWX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VONE achieves a 10.56% return, which is significantly higher than VRGWX's 8.59% return. Over the past 10 years, VONE has underperformed VRGWX with an annualized return of 15.25%, while VRGWX has yielded a comparatively higher 19.22% annualized return.
VONE
- 1D
- -0.70%
- 1M
- 4.95%
- YTD
- 10.56%
- 6M
- 10.53%
- 1Y
- 27.04%
- 3Y*
- 22.12%
- 5Y*
- 13.08%
- 10Y*
- 15.25%
VRGWX
- 1D
- -0.37%
- 1M
- 7.10%
- YTD
- 8.59%
- 6M
- 7.96%
- 1Y
- 27.42%
- 3Y*
- 25.44%
- 5Y*
- 16.84%
- 10Y*
- 19.22%
VONE vs. VRGWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VONE Vanguard Russell 1000 ETF | 10.56% | 17.21% | 24.51% | 26.41% | -19.14% | 26.49% | 20.95% | 31.12% | -4.84% | 21.55% |
VRGWX Vanguard Russell 1000 Growth Index Fund Institutional Shares | 8.59% | 18.32% | 33.25% | 42.65% | -29.18% | 32.42% | 38.38% | 36.30% | -1.59% | 30.11% |
Correlation
The correlation between VONE and VRGWX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Sep 23, 2010 | 0.94 |
The correlation between VONE and VRGWX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VONE vs. VRGWX — Risk / Return Rank
VONE
VRGWX
VONE vs. VRGWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 1000 ETF (VONE) and Vanguard Russell 1000 Growth Index Fund Institutional Shares (VRGWX). 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.
| VONE | VRGWX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.32 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.07 | 1.75 | +1.31 |
| Martin ratioReturn relative to average drawdown | 14.15 | 5.89 | +8.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| VONE | VRGWX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.27 | 1.85 | +0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | 0.78 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.91 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.90 | -0.05 |
Drawdowns
VONE vs. VRGWX - Drawdown Comparison
The maximum VONE drawdown since its inception was -34.66%, which is greater than VRGWX's maximum drawdown of -32.70%. Use the drawdown chart below to compare losses from any high point for VONE and VRGWX.
Loading charts...
Drawdown Indicators
| VONE | VRGWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.66% | -32.70% | -1.96% |
Max Drawdown (1Y)Largest decline over 1 year | -8.85% | -16.19% | +7.34% |
Max Drawdown (3Y)Largest decline over 3 years | -19.06% | -23.44% | +4.38% |
Max Drawdown (5Y)Largest decline over 5 years | -25.12% | -32.70% | +7.58% |
Max Drawdown (10Y)Largest decline over 10 years | -34.66% | -32.70% | -1.96% |
Current DrawdownCurrent decline from peak | -0.70% | -0.37% | -0.33% |
Average DrawdownAverage peak-to-trough decline | -3.91% | -4.88% | +0.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | 4.81% | -2.89% |
Volatility
VONE vs. VRGWX - Volatility Comparison
The current volatility for Vanguard Russell 1000 ETF (VONE) is 2.82%, while Vanguard Russell 1000 Growth Index Fund Institutional Shares (VRGWX) has a volatility of 3.32%. This indicates that VONE experiences smaller price fluctuations and is considered to be less risky than VRGWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VONE | VRGWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.82% | 3.32% | -0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 8.99% | 11.60% | -2.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.97% | 15.40% | -3.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.08% | 21.62% | -4.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.25% | 21.16% | -2.91% |
VONE vs. VRGWX - Expense Ratio Comparison
VONE has a 0.08% expense ratio, which is higher than VRGWX's 0.07% 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%.
Dividends
VONE vs. VRGWX - Dividend Comparison
VONE's dividend yield for the trailing twelve months is around 0.99%, more than VRGWX's 0.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VONE Vanguard Russell 1000 ETF | 0.99% | 1.07% | 1.20% | 1.40% | 1.59% | 1.16% | 1.45% | 1.65% | 1.96% | 1.69% | 1.89% | 1.89% |
VRGWX Vanguard Russell 1000 Growth Index Fund Institutional Shares | 0.43% | 0.35% | 0.56% | 0.71% | 0.99% | 4.18% | 0.77% | 1.03% | 1.22% | 1.22% | 1.52% | 1.51% |
Frequently Asked Questions
With a correlation of 0.92, VONE and VRGWX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
VRGWX has higher volatility (3.32%) compared to VONE (2.82%). In terms of maximum drawdown, VONE dropped -34.66% vs VRGWX's -32.70%.
VONE currently has the higher Sharpe Ratio (2.27 vs 1.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for VONE and VRGWX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer