VOOG vs. ARGT

Last updated Jun 14, 2026

VOOG (Vanguard S&P 500 Growth ETF) and ARGT (Global X MSCI Argentina ETF) are both exchange-traded funds - VOOG is a S&P 500 fund tracking the S&P 500 Growth Index, while ARGT is a Latin America Equities fund tracking the MSCI All Argentina 25/50. Both are passively managed. Over the past 10 years, VOOG returned 17.86%/yr vs 17.70%/yr for ARGT. A 0.54 correlation means they provide meaningful diversification when combined. VOOG charges 0.07%/yr vs 0.60%/yr for ARGT.

Performance

VOOG vs. ARGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard S&P 500 Growth ETF (VOOG) and Global X MSCI Argentina ETF (ARGT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VOOG achieves a 9.67% return, which is significantly higher than ARGT's 7.11% return. Both investments have delivered pretty close results over the past 10 years, with VOOG having a 17.86% annualized return and ARGT not far behind at 17.70%.

VOOG

• 1D: 0.38%
• 1M: -2.80%
• YTD: 9.67%
• 6M: 10.61%
• 1Y: 29.13%
• 3Y*: 25.78%
• 5Y*: 14.86%
• 10Y*: 17.86%

ARGT

• 1D: -0.06%
• 1M: 9.42%
• YTD: 7.11%
• 6M: 9.09%
• 1Y: 14.29%
• 3Y*: 33.30%
• 5Y*: 27.23%
• 10Y*: 17.70%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VOOG vs. ARGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VOOG Vanguard S&P 500 Growth ETF	9.67%	22.11%	35.89%	29.96%	-29.48%	31.95%	33.35%	30.93%	-0.21%	27.19%
ARGT Global X MSCI Argentina ETF	7.11%	11.51%	63.46%	53.64%	11.80%	3.83%	14.58%	14.50%	-32.62%	53.87%

Correlation

The correlation between VOOG and ARGT is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (10Y) Calculated over the trailing 10-year period	0.54
Correlation (All Time) Calculated using the full available price history since Mar 3, 2011	0.54

The correlation between VOOG and ARGT has been stable across timeframes, ranging from 0.46 to 0.54 - a consistent structural relationship.

VOOG vs. ARGT - Sectors Allocation Comparison

Sectors	VOOG	ARGT
Technology	49.4%	-
Communication Services	18.0%	3.4%
Consumer Cyclical	9.4%	23.4%
Financial Services	8.8%	16.0%
Industrials	6.2%	8.2%
Healthcare	5.8%	-
Consumer Defensive	1.0%	6.7%
Real Estate	0.6%	1.4%
Utilities	0.4%	5.3%
Basic Materials	0.4%	13.1%
Energy	0.1%	22.5%

Return for Risk

VOOG vs. ARGT — Risk / Return Rank

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

VOOG

VOOG Risk / Return Rank: 52
VOOG Sharpe Ratio Rank: 57
VOOG Sortino Ratio Rank: 53
VOOG Omega Ratio Rank: 53
VOOG Calmar Ratio Rank: 46
VOOG Martin Ratio Rank: 53

ARGT

ARGT Risk / Return Rank: 17
ARGT Sharpe Ratio Rank: 15
ARGT Sortino Ratio Rank: 17
ARGT Omega Ratio Rank: 17
ARGT Calmar Ratio Rank: 17
ARGT Martin Ratio Rank: 16

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VOOG vs. ARGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 Growth ETF (VOOG) and Global X MSCI Argentina ETF (ARGT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VOOG	ARGT	Difference
Sharpe ratio: Return per unit of total volatility	1.67	0.34	+1.33
Sortino ratio: Return per unit of downside risk	2.26	0.83	+1.44
Omega ratio: Gain probability vs. loss probability	1.29	1.10	+0.19
Calmar ratio: Return relative to maximum drawdown	2.02	0.57	+1.45
Martin ratio: Return relative to average drawdown	8.11	1.25	+6.86

VOOG vs. ARGT - Sharpe Ratio Comparison

The current VOOG Sharpe Ratio is 1.67, which is higher than the ARGT Sharpe Ratio of 0.34. The chart below compares the historical Sharpe Ratios of VOOG and ARGT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VOOG vs. ARGT - Drawdown Comparison

The maximum VOOG drawdown since its inception was -32.73%, smaller than the maximum ARGT drawdown of -61.68%. Use the drawdown chart below to compare losses from any high point for VOOG and ARGT.

Drawdown Indicators

	VOOG	ARGT	Difference
Max Drawdown Largest peak-to-trough decline	-32.73%	-61.68%	+28.95%
Max Drawdown (1Y) Largest decline over 1 year	-13.71%	-22.25%	+8.54%
Max Drawdown (3Y) Largest decline over 3 years	-22.18%	-28.46%	+6.28%
Max Drawdown (5Y) Largest decline over 5 years	-32.73%	-35.14%	+2.41%
Max Drawdown (10Y) Largest decline over 10 years	-32.73%	-61.68%	+28.95%
Current Drawdown Current decline from peak	-4.65%	-4.89%	+0.24%
Average Drawdown Average peak-to-trough decline	-4.97%	-22.02%	+17.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.40%	10.34%	-6.94%

Volatility

VOOG vs. ARGT - Volatility Comparison

The current volatility for Vanguard S&P 500 Growth ETF (VOOG) is 6.29%, while Global X MSCI Argentina ETF (ARGT) has a volatility of 11.28%. This indicates that VOOG experiences smaller price fluctuations and is considered to be less risky than ARGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VOOG	ARGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.29%	11.28%	-4.99%
Volatility (6M) Calculated over the trailing 6-month period	13.43%	21.26%	-7.83%
Volatility (1Y) Calculated over the trailing 1-year period	16.60%	37.19%	-20.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.29%	32.06%	-10.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.78%	31.50%	-10.72%

VOOG vs. ARGT - Expense Ratio Comparison

VOOG has a 0.07% expense ratio, which is lower than ARGT's 0.60% expense ratio.

Dividends

VOOG vs. ARGT - Dividend Comparison

VOOG's dividend yield for the trailing twelve months is around 0.45%, less than ARGT's 0.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARGT Global X MSCI Argentina ETF	0.79%	0.84%	1.41%	1.59%	2.45%	0.93%	0.28%	1.21%	1.34%	0.49%	0.36%	0.89%
VOOG Vanguard S&P 500 Growth ETF	0.45%	0.49%	0.49%	1.12%	0.93%	0.53%	0.88%	1.26%	1.34%	1.32%	1.47%	1.56%

Frequently Asked Questions

Can I hold both VOOG and ARGT in my portfolio?

VOOG and ARGT have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VOOG or ARGT?

ARGT has higher volatility (11.28%) compared to VOOG (6.29%). In terms of maximum drawdown, VOOG dropped -32.73% vs ARGT's -61.68%.

Which ETF is better, VOOG or ARGT?

On 10-year performance, VOOG leads with 17.86% vs 17.70% for ARGT. On fees, VOOG is cheaper at 0.07% per year. On volatility, VOOG has been the lower-risk option at 6.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VOOG or ARGT?

Over the 10-year period, VOOG has performed better with a 17.86% return vs 17.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VOOG or ARGT?

VOOG is cheaper with a 0.07% expense ratio, compared with 0.60% for ARGT.

Which ETF pays a higher dividend yield, VOOG or ARGT?

ARGT has the higher dividend yield at 0.79%, compared with 0.45% for VOOG.

What is the main difference between VOOG and ARGT?

VOOG is categorized as S&P 500, while ARGT is Latin America Equities. VOOG tracks S&P 500 Growth Index, while ARGT tracks MSCI All Argentina 25/50. They also come from different issuers: Vanguard and Global X. Their fees differ too: 0.07% for VOOG and 0.60% for ARGT.

Which has better risk-adjusted returns?

VOOG currently has the higher Sharpe Ratio (1.67 vs 0.34), 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.