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VRGWX vs. VRNIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VRGWX vs. VRNIX - 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 Russell 1000 Index Fund Institutional Shares (VRNIX). The values are adjusted to include any dividend payments, if applicable.

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VRGWX vs. VRNIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VRGWX
Vanguard Russell 1000 Growth Index Fund Institutional Shares
-13.05%18.32%33.25%42.65%-29.18%32.42%38.38%36.30%-1.59%30.11%
VRNIX
Vanguard Russell 1000 Index Fund Institutional Shares
-6.92%16.94%24.44%26.49%-19.19%28.64%20.90%31.36%-4.84%21.58%

Returns By Period

In the year-to-date period, VRGWX achieves a -13.05% return, which is significantly lower than VRNIX's -6.92% return. Over the past 10 years, VRGWX has outperformed VRNIX with an annualized return of 16.66%, while VRNIX has yielded a comparatively lower 13.65% annualized return.


VRGWX

1D
-0.44%
1M
-8.65%
YTD
-13.05%
6M
-12.09%
1Y
14.45%
3Y*
19.59%
5Y*
12.69%
10Y*
16.66%

VRNIX

1D
-0.39%
1M
-7.69%
YTD
-6.92%
6M
-4.69%
1Y
14.33%
3Y*
16.83%
5Y*
10.96%
10Y*
13.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VRGWX vs. VRNIX - Expense Ratio Comparison

Both VRGWX and VRNIX 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

VRGWX vs. VRNIX — Risk / Return Rank

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

VRGWX
VRGWX Risk / Return Rank: 2828
Overall Rank
VRGWX Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
VRGWX Sortino Ratio Rank: 3333
Sortino Ratio Rank
VRGWX Omega Ratio Rank: 3232
Omega Ratio Rank
VRGWX Calmar Ratio Rank: 2525
Calmar Ratio Rank
VRGWX Martin Ratio Rank: 2323
Martin Ratio Rank

VRNIX
VRNIX Risk / Return Rank: 4444
Overall Rank
VRNIX Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
VRNIX Sortino Ratio Rank: 4242
Sortino Ratio Rank
VRNIX Omega Ratio Rank: 4747
Omega Ratio Rank
VRNIX Calmar Ratio Rank: 3939
Calmar Ratio Rank
VRNIX Martin Ratio Rank: 5151
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. VRNIX - 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 Russell 1000 Index Fund Institutional Shares (VRNIX). 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.


VRGWXVRNIXDifference

Sharpe ratio

Return per unit of total volatility

0.66

0.82

-0.16

Sortino ratio

Return per unit of downside risk

1.10

1.27

-0.17

Omega ratio

Gain probability vs. loss probability

1.15

1.19

-0.04

Calmar ratio

Return relative to maximum drawdown

0.72

1.02

-0.31

Martin ratio

Return relative to average drawdown

2.50

4.99

-2.49

VRGWX vs. VRNIX - Sharpe Ratio Comparison

The current VRGWX Sharpe Ratio is 0.66, which is comparable to the VRNIX Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of VRGWX and VRNIX, 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


VRGWXVRNIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.66

0.82

-0.16

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.59

0.64

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.79

0.75

+0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

0.83

0.79

+0.04

Correlation

The correlation between VRGWX and VRNIX is 0.95, 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. VRNIX - Dividend Comparison

VRGWX's dividend yield for the trailing twelve months is around 0.54%, less than VRNIX's 1.19% yield.


TTM20252024202320222021202020192018201720162015
VRGWX
Vanguard Russell 1000 Growth Index Fund Institutional Shares
0.54%0.35%0.56%0.71%0.99%4.18%0.77%1.03%1.22%1.22%1.52%1.51%
VRNIX
Vanguard Russell 1000 Index Fund Institutional Shares
1.19%0.82%1.21%1.41%1.59%2.86%1.46%1.65%2.00%1.73%1.93%1.92%

Drawdowns

VRGWX vs. VRNIX - Drawdown Comparison

The maximum VRGWX drawdown since its inception was -32.70%, smaller than the maximum VRNIX drawdown of -34.57%. Use the drawdown chart below to compare losses from any high point for VRGWX and VRNIX.


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Drawdown Indicators


VRGWXVRNIXDifference

Max Drawdown

Largest peak-to-trough decline

-32.70%

-34.57%

+1.87%

Max Drawdown (1Y)

Largest decline over 1 year

-16.19%

-12.31%

-3.88%

Max Drawdown (5Y)

Largest decline over 5 years

-32.70%

-25.14%

-7.56%

Max Drawdown (10Y)

Largest decline over 10 years

-32.70%

-34.57%

+1.87%

Current Drawdown

Current decline from peak

-16.19%

-8.85%

-7.34%

Average Drawdown

Average peak-to-trough decline

-4.89%

-3.93%

-0.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.63%

2.53%

+2.10%

Volatility

VRGWX vs. VRNIX - Volatility Comparison

Vanguard Russell 1000 Growth Index Fund Institutional Shares (VRGWX) has a higher volatility of 5.35% compared to Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) at 4.30%. This indicates that VRGWX's price experiences larger fluctuations and is considered to be riskier than VRNIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VRGWXVRNIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.35%

4.30%

+1.05%

Volatility (6M)

Calculated over the trailing 6-month period

11.80%

9.17%

+2.63%

Volatility (1Y)

Calculated over the trailing 1-year period

22.31%

18.29%

+4.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.60%

17.21%

+4.39%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.08%

18.24%

+2.84%