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VOT vs. VMGMX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VOT vs. VMGMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Mid-Cap Growth ETF (VOT) and Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX). The values are adjusted to include any dividend payments, if applicable.

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VOT vs. VMGMX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VOT
Vanguard Mid-Cap Growth ETF
-7.62%10.72%16.38%23.10%-28.87%20.50%34.50%33.76%-5.56%21.80%
VMGMX
Vanguard Mid-Cap Growth Index Fund Admiral Shares
-10.43%10.69%15.65%23.93%-28.84%20.48%34.45%33.85%-5.61%21.83%

Returns By Period

In the year-to-date period, VOT achieves a -7.62% return, which is significantly higher than VMGMX's -10.43% return. Both investments have delivered pretty close results over the past 10 years, with VOT having a 10.62% annualized return and VMGMX not far behind at 10.28%.


VOT

1D
3.09%
1M
-7.40%
YTD
-7.62%
6M
-12.08%
1Y
5.90%
3Y*
10.49%
5Y*
4.04%
10Y*
10.62%

VMGMX

1D
-1.10%
1M
-10.26%
YTD
-10.43%
6M
-14.69%
1Y
2.69%
3Y*
9.33%
5Y*
3.77%
10Y*
10.28%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VOT vs. VMGMX - Expense Ratio Comparison

Both VOT and VMGMX have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Return for Risk

VOT vs. VMGMX — Risk / Return Rank

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

VOT
VOT Risk / Return Rank: 2121
Overall Rank
VOT Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
VOT Sortino Ratio Rank: 2222
Sortino Ratio Rank
VOT Omega Ratio Rank: 2121
Omega Ratio Rank
VOT Calmar Ratio Rank: 2222
Calmar Ratio Rank
VOT Martin Ratio Rank: 2222
Martin Ratio Rank

VMGMX
VMGMX Risk / Return Rank: 88
Overall Rank
VMGMX Sharpe Ratio Rank: 88
Sharpe Ratio Rank
VMGMX Sortino Ratio Rank: 99
Sortino Ratio Rank
VMGMX Omega Ratio Rank: 99
Omega Ratio Rank
VMGMX Calmar Ratio Rank: 77
Calmar Ratio Rank
VMGMX Martin Ratio Rank: 77
Martin Ratio Rank
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.

VOT vs. VMGMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid-Cap Growth ETF (VOT) and Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX). 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.


VOTVMGMXDifference

Sharpe ratio

Return per unit of total volatility

0.28

0.14

+0.14

Sortino ratio

Return per unit of downside risk

0.55

0.35

+0.20

Omega ratio

Gain probability vs. loss probability

1.07

1.05

+0.03

Calmar ratio

Return relative to maximum drawdown

0.38

0.06

+0.32

Martin ratio

Return relative to average drawdown

1.20

0.19

+1.01

VOT vs. VMGMX - Sharpe Ratio Comparison

The current VOT Sharpe Ratio is 0.28, which is higher than the VMGMX Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of VOT and VMGMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


VOTVMGMXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.28

0.14

+0.14

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.19

0.18

+0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

0.49

+0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

0.42

0.58

-0.16

Correlation

The correlation between VOT and VMGMX is 1.00, 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.


Dividends

VOT vs. VMGMX - Dividend Comparison

VOT's dividend yield for the trailing twelve months is around 0.72%, less than VMGMX's 0.74% yield.


TTM20252024202320222021202020192018201720162015
VOT
Vanguard Mid-Cap Growth ETF
0.72%0.64%0.67%0.71%0.78%0.34%0.56%0.78%0.84%0.72%0.81%0.81%
VMGMX
Vanguard Mid-Cap Growth Index Fund Admiral Shares
0.74%0.64%0.67%0.71%0.78%0.34%0.56%0.78%0.84%0.72%0.81%0.82%

Drawdowns

VOT vs. VMGMX - Drawdown Comparison

The maximum VOT drawdown since its inception was -60.16%, which is greater than VMGMX's maximum drawdown of -37.17%. Use the drawdown chart below to compare losses from any high point for VOT and VMGMX.


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Drawdown Indicators


VOTVMGMXDifference

Max Drawdown

Largest peak-to-trough decline

-60.16%

-37.17%

-22.99%

Max Drawdown (1Y)

Largest decline over 1 year

-15.96%

-15.95%

-0.01%

Max Drawdown (5Y)

Largest decline over 5 years

-37.19%

-37.17%

-0.02%

Max Drawdown (10Y)

Largest decline over 10 years

-37.19%

-37.17%

-0.02%

Current Drawdown

Current decline from peak

-13.36%

-15.95%

+2.59%

Average Drawdown

Average peak-to-trough decline

-10.01%

-7.05%

-2.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.10%

5.04%

+0.06%

Volatility

VOT vs. VMGMX - Volatility Comparison

Vanguard Mid-Cap Growth ETF (VOT) has a higher volatility of 6.50% compared to Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX) at 5.37%. This indicates that VOT's price experiences larger fluctuations and is considered to be riskier than VMGMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VOTVMGMXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.50%

5.37%

+1.13%

Volatility (6M)

Calculated over the trailing 6-month period

12.32%

12.03%

+0.29%

Volatility (1Y)

Calculated over the trailing 1-year period

21.01%

20.88%

+0.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.33%

21.36%

-0.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.92%

20.91%

+0.01%