VSGIX vs. VISGX
VSGIX (Vanguard Small-Cap Growth Index Fund Institutional Shares) and VISGX (Vanguard Small Cap Growth Index Fund) are both Small Cap Growth Equities funds from Vanguard. Over the past 10 years, VSGIX returned 11.74%/yr vs 11.58%/yr for VISGX. With a 1.00 correlation, they move nearly in lockstep. VSGIX charges 0.06%/yr vs 0.19%/yr for VISGX.
Performance
VSGIX vs. VISGX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with VSGIX having a 17.48% return and VISGX slightly lower at 17.40%. Both investments have delivered pretty close results over the past 10 years, with VSGIX having a 11.74% annualized return and VISGX not far behind at 11.58%.
VSGIX
- 1D
- -1.06%
- 1M
- 3.65%
- YTD
- 17.48%
- 6M
- 15.70%
- 1Y
- 32.16%
- 3Y*
- 17.72%
- 5Y*
- 5.71%
- 10Y*
- 11.74%
VISGX
- 1D
- -1.07%
- 1M
- 3.63%
- YTD
- 17.40%
- 6M
- 15.62%
- 1Y
- 31.96%
- 3Y*
- 17.52%
- 5Y*
- 5.54%
- 10Y*
- 11.58%
VSGIX vs. VISGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VSGIX Vanguard Small-Cap Growth Index Fund Institutional Shares | 17.48% | 8.44% | 14.95% | 23.07% | -28.39% | 5.70% | 35.29% | 32.77% | -5.70% | 21.94% |
VISGX Vanguard Small Cap Growth Index Fund | 17.40% | 8.18% | 14.80% | 22.91% | -28.50% | 5.58% | 35.11% | 32.60% | -5.81% | 21.78% |
Correlation
The correlation between VSGIX and VISGX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since May 25, 2000 | 1.00 |
The correlation between VSGIX and VISGX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
VSGIX vs. VISGX — Risk / Return Rank
VSGIX
VISGX
VSGIX vs. VISGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Small-Cap Growth Index Fund Institutional Shares (VSGIX) and Vanguard Small Cap Growth Index Fund (VISGX). 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.
| VSGIX | VISGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.28 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.89 | 2.87 | +0.02 |
| Martin ratioReturn relative to average drawdown | 11.00 | 10.92 | +0.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VSGIX | VISGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.69 | 1.68 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.24 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.51 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.39 | +0.02 |
Drawdowns
VSGIX vs. VISGX - Drawdown Comparison
The maximum VSGIX drawdown since its inception was -58.66%, roughly equal to the maximum VISGX drawdown of -58.74%. Use the drawdown chart below to compare losses from any high point for VSGIX and VISGX.
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Drawdown Indicators
| VSGIX | VISGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.66% | -58.74% | +0.08% |
Max Drawdown (1Y)Largest decline over 1 year | -11.38% | -11.39% | +0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -27.47% | -27.58% | +0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -38.36% | -38.41% | +0.05% |
Max Drawdown (10Y)Largest decline over 10 years | -38.70% | -38.70% | 0.00% |
Current DrawdownCurrent decline from peak | -1.06% | -1.07% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -11.33% | -11.61% | +0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | 2.98% | 0.00% |
Volatility
VSGIX vs. VISGX - Volatility Comparison
Vanguard Small-Cap Growth Index Fund Institutional Shares (VSGIX) and Vanguard Small Cap Growth Index Fund (VISGX) have volatilities of 5.45% and 5.46%, 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
| VSGIX | VISGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.45% | 5.46% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 14.85% | 14.84% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.48% | 19.48% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.56% | 23.56% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.98% | 22.98% | 0.00% |
VSGIX vs. VISGX - Expense Ratio Comparison
VSGIX has a 0.06% expense ratio, which is lower than VISGX's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VSGIX vs. VISGX - Dividend Comparison
VSGIX's dividend yield for the trailing twelve months is around 0.45%, more than VISGX's 0.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VISGX Vanguard Small Cap Growth Index Fund | 0.34% | 0.33% | 0.42% | 0.56% | 0.46% | 0.23% | 0.35% | 0.47% | 0.65% | 0.71% | 0.97% | 0.84% |
VSGIX Vanguard Small-Cap Growth Index Fund Institutional Shares | 0.45% | 0.55% | 0.55% | 0.68% | 0.56% | 0.37% | 0.45% | 0.58% | 0.80% | 0.82% | 1.09% | 0.98% |
Frequently Asked Questions
With a correlation of 1.00, VSGIX and VISGX 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.
VISGX has higher volatility (5.46%) compared to VSGIX (5.45%). In terms of maximum drawdown, VSGIX dropped -58.66% vs VISGX's -58.74%.
VSGIX currently has the higher Sharpe Ratio (1.69 vs 1.68), 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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