VOOG vs. FITLX

Last updated Jun 16, 2026

VOOG (Vanguard S&P 500 Growth ETF) and FITLX (Fidelity U.S. Sustainability Index Fund) are both funds - VOOG is a S&P 500 fund tracking the S&P 500 Growth Index, while FITLX is a Large Cap Blend Equities fund tracking the MSCI USA ESG Leaders Index. Both are passively managed. Over the past 5 years, VOOG returned 15.50%/yr vs 13.48%/yr for FITLX. Their correlation of 0.94 suggests significant overlap in exposure. VOOG charges 0.07%/yr vs 0.11%/yr for FITLX.

Performance

VOOG vs. FITLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard S&P 500 Growth ETF (VOOG) and Fidelity U.S. Sustainability Index Fund (FITLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VOOG achieves a 12.80% return, which is significantly higher than FITLX's 8.86% return.

VOOG

• 1D: 2.86%
• 1M: 1.56%
• YTD: 12.80%
• 6M: 14.09%
• 1Y: 32.82%
• 3Y*: 26.64%
• 5Y*: 15.50%
• 10Y*: 18.26%

FITLX

• 1D: 0.73%
• 1M: 0.55%
• YTD: 8.86%
• 6M: 9.40%
• 1Y: 26.75%
• 3Y*: 21.29%
• 5Y*: 13.48%
• 10Y*: —

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

VOOG vs. FITLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VOOG Vanguard S&P 500 Growth ETF	12.80%	22.11%	35.89%	29.96%	-29.48%	31.95%	33.35%	30.93%	-0.21%	14.09%
FITLX Fidelity U.S. Sustainability Index Fund	8.86%	18.77%	23.59%	29.04%	-20.28%	31.55%	18.69%	31.54%	-3.32%	13.07%

Correlation

The correlation between VOOG and FITLX 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 (All Time) Calculated using the full available price history since May 9, 2017	0.94

The correlation between VOOG and FITLX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.

Return for Risk

VOOG vs. FITLX — Risk / Return Rank

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

VOOG

VOOG Risk / Return Rank: 62
VOOG Sharpe Ratio Rank: 68
VOOG Sortino Ratio Rank: 64
VOOG Omega Ratio Rank: 64
VOOG Calmar Ratio Rank: 53
VOOG Martin Ratio Rank: 60

FITLX

FITLX Risk / Return Rank: 53
FITLX Sharpe Ratio Rank: 58
FITLX Sortino Ratio Rank: 54
FITLX Omega Ratio Rank: 54
FITLX Calmar Ratio Rank: 44
FITLX Martin Ratio Rank: 55

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. FITLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 Growth ETF (VOOG) and Fidelity U.S. Sustainability Index Fund (FITLX). 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	FITLX	Difference
Sharpe ratio: Return per unit of total volatility	1.97	1.90	+0.07
Sortino ratio: Return per unit of downside risk	2.64	2.62	+0.02
Omega ratio: Gain probability vs. loss probability	1.34	1.34	0.00
Calmar ratio: Return relative to maximum drawdown	2.40	2.26	+0.14
Martin ratio: Return relative to average drawdown	9.66	9.69	-0.03

VOOG vs. FITLX - Sharpe Ratio Comparison

The current VOOG Sharpe Ratio is 1.97, which is comparable to the FITLX Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of VOOG and FITLX, 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. FITLX - Drawdown Comparison

The maximum VOOG drawdown since its inception was -32.73%, roughly equal to the maximum FITLX drawdown of -34.35%. Use the drawdown chart below to compare losses from any high point for VOOG and FITLX.

Drawdown Indicators

	VOOG	FITLX	Difference
Max Drawdown Largest peak-to-trough decline	-32.73%	-34.35%	+1.62%
Max Drawdown (1Y) Largest decline over 1 year	-13.71%	-11.15%	-2.56%
Max Drawdown (3Y) Largest decline over 3 years	-22.18%	-19.99%	-2.19%
Max Drawdown (5Y) Largest decline over 5 years	-32.73%	-26.91%	-5.82%
Max Drawdown (10Y) Largest decline over 10 years	-32.73%	—	—
Current Drawdown Current decline from peak	-1.93%	-1.89%	-0.04%
Average Drawdown Average peak-to-trough decline	-4.96%	-5.06%	+0.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.41%	2.60%	+0.81%

Volatility

VOOG vs. FITLX - Volatility Comparison

Vanguard S&P 500 Growth ETF (VOOG) has a higher volatility of 6.82% compared to Fidelity U.S. Sustainability Index Fund (FITLX) at 4.88%. This indicates that VOOG's price experiences larger fluctuations and is considered to be riskier than FITLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VOOG	FITLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.82%	4.88%	+1.94%
Volatility (6M) Calculated over the trailing 6-month period	13.71%	10.54%	+3.17%
Volatility (1Y) Calculated over the trailing 1-year period	16.80%	13.29%	+3.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.33%	17.65%	+3.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.81%	19.11%	+1.70%

VOOG vs. FITLX - Expense Ratio Comparison

VOOG has a 0.07% expense ratio, which is lower than FITLX's 0.11% 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%.

Dividends

VOOG vs. FITLX - Dividend Comparison

VOOG's dividend yield for the trailing twelve months is around 0.44%, less than FITLX's 1.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FITLX Fidelity U.S. Sustainability Index Fund	1.02%	1.11%	1.29%	1.12%	1.49%	0.99%	1.01%	1.41%	1.58%	0.76%	0.00%	0.00%
VOOG Vanguard S&P 500 Growth ETF	0.44%	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 FITLX in my portfolio?

With a correlation of 0.92, VOOG and FITLX 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.

Which is riskier, VOOG or FITLX?

VOOG has higher volatility (6.82%) compared to FITLX (4.88%). In terms of maximum drawdown, VOOG dropped -32.73% vs FITLX's -34.35%.

Which has better risk-adjusted returns?

VOOG currently has the higher Sharpe Ratio (1.97 vs 1.90), 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.