VSCGX vs. VOO

Last updated Jun 23, 2026

VSCGX (Vanguard LifeStrategy 40/60 Fund) and VOO (Vanguard S&P 500 ETF) are both funds - VSCGX is a Diversified Portfolio fund managed by Vanguard, while VOO is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, VSCGX returned 6.63%/yr vs 15.77%/yr for VOO. Their correlation of 0.88 suggests significant overlap in exposure. VSCGX charges 0.10%/yr vs 0.03%/yr for VOO.

Performance

VSCGX vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard LifeStrategy 40/60 Fund (VSCGX) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VSCGX achieves a 5.55% return, which is significantly lower than VOO's 9.75% return. Over the past 10 years, VSCGX has underperformed VOO with an annualized return of 6.63%, while VOO has yielded a comparatively higher 15.77% annualized return.

VSCGX

• 1D: 0.61%
• 1M: 1.28%
• YTD: 5.55%
• 6M: 5.64%
• 1Y: 14.19%
• 3Y*: 11.91%
• 5Y*: 5.57%
• 10Y*: 6.63%

VOO

• 1D: -0.29%
• 1M: 0.08%
• YTD: 9.75%
• 6M: 9.30%
• 1Y: 26.77%
• 3Y*: 21.36%
• 5Y*: 13.58%
• 10Y*: 15.77%

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

VSCGX vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VSCGX Vanguard LifeStrategy 40/60 Fund	5.55%	12.87%	11.65%	12.72%	-15.00%	6.04%	11.51%	15.69%	-2.95%	10.02%
VOO Vanguard S&P 500 ETF	9.75%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-4.50%	21.77%

Correlation

The correlation between VSCGX and VOO is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (10Y) Calculated over the trailing 10-year period	0.86
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010	0.88

The correlation between VSCGX and VOO has been stable across timeframes, ranging from 0.84 to 0.90 - a consistent structural relationship.

Return for Risk

VSCGX vs. VOO — Risk / Return Rank

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

VSCGX

VSCGX Risk / Return Rank: 63
VSCGX Sharpe Ratio Rank: 63
VSCGX Sortino Ratio Rank: 67
VSCGX Omega Ratio Rank: 68
VSCGX Calmar Ratio Rank: 55
VSCGX Martin Ratio Rank: 62

VOO

VOO Risk / Return Rank: 68
VOO Sharpe Ratio Rank: 70
VOO Sortino Ratio Rank: 67
VOO Omega Ratio Rank: 69
VOO Calmar Ratio Rank: 63
VOO Martin Ratio Rank: 74

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.

VSCGX vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard LifeStrategy 40/60 Fund (VSCGX) and Vanguard S&P 500 ETF (VOO). 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.

	VSCGX	VOO	Difference
Sharpe ratio: Return per unit of total volatility	2.15	2.17	-0.02
Sortino ratio: Return per unit of downside risk	3.10	2.93	+0.17
Omega ratio: Gain probability vs. loss probability	1.42	1.39	+0.02
Calmar ratio: Return relative to maximum drawdown	2.70	3.02	-0.32
Martin ratio: Return relative to average drawdown	11.61	13.58	-1.98

VSCGX vs. VOO - Sharpe Ratio Comparison

The current VSCGX Sharpe Ratio is 2.15, which is comparable to the VOO Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of VSCGX and VOO, 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

VSCGX vs. VOO - Drawdown Comparison

The maximum VSCGX drawdown since its inception was -30.62%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VSCGX and VOO.

Drawdown Indicators

	VSCGX	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-30.62%	-33.99%	+3.37%
Max Drawdown (1Y) Largest decline over 1 year	-5.19%	-8.90%	+3.71%
Max Drawdown (3Y) Largest decline over 3 years	-6.71%	-18.69%	+11.98%
Max Drawdown (5Y) Largest decline over 5 years	-20.15%	-24.52%	+4.37%
Max Drawdown (10Y) Largest decline over 10 years	-20.15%	-33.99%	+13.84%
Current Drawdown Current decline from peak	-0.09%	-1.74%	+1.65%
Average Drawdown Average peak-to-trough decline	-2.99%	-3.68%	+0.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.21%	1.98%	-0.77%

Volatility

VSCGX vs. VOO - Volatility Comparison

The current volatility for Vanguard LifeStrategy 40/60 Fund (VSCGX) is 2.67%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.60%. This indicates that VSCGX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VSCGX	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.67%	4.60%	-1.93%
Volatility (6M) Calculated over the trailing 6-month period	5.54%	9.73%	-4.19%
Volatility (1Y) Calculated over the trailing 1-year period	6.53%	12.39%	-5.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.76%	16.90%	-9.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.40%	18.05%	-10.65%

VSCGX vs. VOO - Expense Ratio Comparison

VSCGX has a 0.10% expense ratio, which is higher than VOO's 0.03% 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%.

Dividends

VSCGX vs. VOO - Dividend Comparison

VSCGX's dividend yield for the trailing twelve months is around 5.25%, more than VOO's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VOO Vanguard S&P 500 ETF	1.04%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%
VSCGX Vanguard LifeStrategy 40/60 Fund	5.25%	5.50%	11.03%	5.23%	2.79%	4.18%	3.28%	2.62%	3.81%	1.65%	2.43%	3.21%

Frequently Asked Questions

Can I hold both VSCGX and VOO in my portfolio?

With a correlation of 0.90, VSCGX and VOO 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, VSCGX or VOO?

VOO has higher volatility (4.60%) compared to VSCGX (2.67%). In terms of maximum drawdown, VSCGX dropped -30.62% vs VOO's -33.99%.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (2.17 vs 2.15), 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.