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VRGWX vs. VMGAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VRGWX vs. VMGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Russell 1000 Growth Index Fund Institutional Shares (VRGWX) and Vanguard Mega Cap Growth Index Fund Institutional Shares (VMGAX). The values are adjusted to include any dividend payments, if applicable.

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VRGWX vs. VMGAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VRGWX
Vanguard Russell 1000 Growth Index Fund Institutional Shares
-9.79%18.32%33.25%42.65%-29.18%32.42%38.38%36.30%-1.59%30.11%
VMGAX
Vanguard Mega Cap Growth Index Fund Institutional Shares
-10.88%20.73%32.98%51.57%-33.55%28.50%41.02%37.54%-2.86%29.49%

Returns By Period

In the year-to-date period, VRGWX achieves a -9.79% return, which is significantly higher than VMGAX's -10.88% return. Both investments have delivered pretty close results over the past 10 years, with VRGWX having a 17.09% annualized return and VMGAX not far behind at 16.86%.


VRGWX

1D
3.76%
1M
-5.52%
YTD
-9.79%
6M
-9.27%
1Y
17.73%
3Y*
21.07%
5Y*
13.16%
10Y*
17.09%

VMGAX

1D
4.01%
1M
-5.22%
YTD
-10.88%
6M
-8.98%
1Y
18.45%
3Y*
22.15%
5Y*
12.39%
10Y*
16.86%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VRGWX vs. VMGAX - Expense Ratio Comparison

VRGWX has a 0.07% expense ratio, which is higher than VMGAX's 0.06% 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%.


Return for Risk

VRGWX vs. VMGAX — Risk / Return Rank

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

VRGWX
VRGWX Risk / Return Rank: 4040
Overall Rank
VRGWX Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
VRGWX Sortino Ratio Rank: 4343
Sortino Ratio Rank
VRGWX Omega Ratio Rank: 4141
Omega Ratio Rank
VRGWX Calmar Ratio Rank: 4545
Calmar Ratio Rank
VRGWX Martin Ratio Rank: 3737
Martin Ratio Rank

VMGAX
VMGAX Risk / Return Rank: 4141
Overall Rank
VMGAX Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
VMGAX Sortino Ratio Rank: 4343
Sortino Ratio Rank
VMGAX Omega Ratio Rank: 4141
Omega Ratio Rank
VMGAX Calmar Ratio Rank: 4545
Calmar Ratio Rank
VMGAX Martin Ratio Rank: 3838
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.

VRGWX vs. VMGAX - 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 Vanguard Mega Cap Growth Index Fund Institutional Shares (VMGAX). 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.


VRGWXVMGAXDifference

Sharpe ratio

Return per unit of total volatility

0.83

0.84

0.00

Sortino ratio

Return per unit of downside risk

1.35

1.37

-0.01

Omega ratio

Gain probability vs. loss probability

1.19

1.19

0.00

Calmar ratio

Return relative to maximum drawdown

1.16

1.17

-0.01

Martin ratio

Return relative to average drawdown

4.01

4.12

-0.12

VRGWX vs. VMGAX - Sharpe Ratio Comparison

The current VRGWX Sharpe Ratio is 0.83, which is comparable to the VMGAX Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of VRGWX and VMGAX, 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


VRGWXVMGAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.83

0.84

0.00

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.61

0.55

+0.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.81

0.77

+0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

0.84

0.59

+0.25

Correlation

The correlation between VRGWX and VMGAX is 0.99, 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

VRGWX vs. VMGAX - Dividend Comparison

VRGWX's dividend yield for the trailing twelve months is around 0.52%, more than VMGAX's 0.40% yield.


TTM20252024202320222021202020192018201720162015
VRGWX
Vanguard Russell 1000 Growth Index Fund Institutional Shares
0.52%0.35%0.56%0.71%0.99%4.18%0.77%1.03%1.22%1.22%1.52%1.51%
VMGAX
Vanguard Mega Cap Growth Index Fund Institutional Shares
0.40%0.36%0.44%0.51%0.71%0.42%0.65%0.86%1.13%1.23%1.53%1.44%

Drawdowns

VRGWX vs. VMGAX - Drawdown Comparison

The maximum VRGWX drawdown since its inception was -32.70%, smaller than the maximum VMGAX drawdown of -47.97%. Use the drawdown chart below to compare losses from any high point for VRGWX and VMGAX.


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Drawdown Indicators


VRGWXVMGAXDifference

Max Drawdown

Largest peak-to-trough decline

-32.70%

-47.97%

+15.27%

Max Drawdown (1Y)

Largest decline over 1 year

-16.19%

-16.78%

+0.59%

Max Drawdown (5Y)

Largest decline over 5 years

-32.70%

-36.03%

+3.33%

Max Drawdown (10Y)

Largest decline over 10 years

-32.70%

-36.03%

+3.33%

Current Drawdown

Current decline from peak

-13.04%

-13.45%

+0.41%

Average Drawdown

Average peak-to-trough decline

-4.89%

-7.49%

+2.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.70%

4.76%

-0.06%

Volatility

VRGWX vs. VMGAX - Volatility Comparison

The current volatility for Vanguard Russell 1000 Growth Index Fund Institutional Shares (VRGWX) is 6.72%, while Vanguard Mega Cap Growth Index Fund Institutional Shares (VMGAX) has a volatility of 7.10%. This indicates that VRGWX experiences smaller price fluctuations and is considered to be less risky than VMGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VRGWXVMGAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.72%

7.10%

-0.38%

Volatility (6M)

Calculated over the trailing 6-month period

12.38%

12.93%

-0.55%

Volatility (1Y)

Calculated over the trailing 1-year period

22.57%

23.47%

-0.90%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.65%

22.72%

-1.07%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.11%

21.83%

-0.72%