VRGWX vs. FDGRX
VRGWX (Vanguard Russell 1000 Growth Index Fund Institutional Shares) and FDGRX (Fidelity Growth Company Fund) are both Large Cap Growth Equities funds. VRGWX is passively managed, while FDGRX is actively managed. Over the past 10 years, VRGWX returned 17.87%/yr vs 21.70%/yr for FDGRX. Their 0.95 correlation means they have historically moved very closely together. VRGWX charges 0.05%/yr vs 0.52%/yr for FDGRX.
Performance
VRGWX vs. FDGRX - Performance Comparison
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Returns By Period
In the year-to-date period, VRGWX achieves a 0.30% return, which is significantly lower than FDGRX's 15.87% return. Over the past 10 years, VRGWX has underperformed FDGRX with an annualized return of 17.87%, while FDGRX has yielded a comparatively higher 21.70% annualized return.
VRGWX
- 1D
- 0.81%
- 1M
- -2.43%
- 6M
- 1.53%
- YTD
- 0.30%
- 1Y
- 10.12%
- 3Y*
- 19.26%
- 5Y*
- 12.64%
- 10Y*
- 17.87%
- ALL TIME*
- 16.61%
FDGRX
- 1D
- 0.75%
- 1M
- -3.79%
- 6M
- 11.98%
- YTD
- 15.87%
- 1Y
- 28.74%
- 3Y*
- 25.82%
- 5Y*
- 14.14%
- 10Y*
- 21.70%
- ALL TIME*
- 14.95%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
VRGWX vs. FDGRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VRGWX Vanguard Russell 1000 Growth Index Fund Institutional Shares | 0.30% | 18.32% | 33.25% | 42.65% | -29.18% | 32.42% | 38.38% | 36.30% | -1.59% | 30.11% |
FDGRX Fidelity Growth Company Fund | 15.87% | 18.54% | 37.18% | 47.25% | -33.86% | 22.57% | 67.42% | 38.40% | -4.14% | 36.76% |
Correlation
The correlation between VRGWX and FDGRX is 0.94, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.94 |
Correlation (3Y) Balances recent behavior with more history. | 0.96 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.97 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2010 | 0.95 |
The correlation between VRGWX and FDGRX has been stable across timeframes, ranging from 0.94 to 0.97 - a consistent structural relationship.
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Return for Risk
VRGWX vs. FDGRX — Risk / Return Rank
VRGWX
FDGRX
VRGWX vs. FDGRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 1000 Growth Index Fund Institutional Shares (VRGWX) and Fidelity Growth Company Fund (FDGRX). 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.
| VRGWX | FDGRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.22 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.50 | 2.06 | -1.57 |
| Martin ratioReturn relative to average drawdown | 1.48 | 6.88 | -5.40 |
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Drawdowns
VRGWX vs. FDGRX - Drawdown Comparison
The maximum VRGWX drawdown since its inception was -32.70%, smaller than the maximum FDGRX drawdown of -71.62%. Use the drawdown chart below to compare losses from any high point for VRGWX and FDGRX.
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Drawdown Indicators
| VRGWX | FDGRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.70% | -71.62% | +38.92% |
Max Drawdown (1Y)Largest decline over 1 year | -16.19% | -12.60% | -3.59% |
Max Drawdown (3Y)Largest decline over 3 years | -23.44% | -26.19% | +2.75% |
Max Drawdown (5Y)Largest decline over 5 years | -32.70% | -40.25% | +7.55% |
Max Drawdown (10Y)Largest decline over 10 years | -32.70% | -40.25% | +7.55% |
Current DrawdownCurrent decline from peak | -7.97% | -6.37% | -1.60% |
Average DrawdownAverage peak-to-trough decline | -4.89% | -15.86% | +10.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.40% | 3.76% | +1.64% |
Volatility
VRGWX vs. FDGRX - Volatility Comparison
Vanguard Russell 1000 Growth Index Fund Institutional Shares (VRGWX) and Fidelity Growth Company Fund (FDGRX) have volatilities of 6.43% and 6.23%, 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.
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Volatility by Period
| VRGWX | FDGRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.43% | 6.23% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 14.06% | 15.90% | -1.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.52% | 20.63% | -3.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.93% | 24.25% | -2.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.29% | 23.50% | -2.21% |
VRGWX vs. FDGRX - Expense Ratio Comparison
VRGWX has a 0.05% expense ratio, which is lower than FDGRX's 0.52% expense ratio.
Dividends
VRGWX vs. FDGRX - Dividend Comparison
VRGWX's dividend yield for the trailing twelve months is around 0.49%, while FDGRX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDGRX Fidelity Growth Company Fund | 0.00% | 0.00% | 8.86% | 3.83% | 7.20% | 10.67% | 8.86% | 3.84% | 6.38% | 4.73% | 6.16% | 3.92% |
VRGWX Vanguard Russell 1000 Growth Index Fund Institutional Shares | 0.49% | 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 0.94, VRGWX and FDGRX 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 (6.43%) compared to FDGRX (6.23%). In terms of maximum drawdown, VRGWX dropped -32.70% vs FDGRX's -71.62%.
FDGRX currently has the higher Sharpe Ratio (1.26 vs 0.46), 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.
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