VTBIX vs. VIGAX
VTBIX (Vanguard Total Bond Market II Index Fund Investor Shares) and VIGAX (Vanguard Growth Index Fund Admiral Shares) are both mutual funds - VTBIX is a Total Bond Market fund managed by Vanguard, while VIGAX is a Large Cap Growth Equities fund tracking the CRSP US Large Cap Growth Index. Over the past 10 years, VTBIX returned 1.44%/yr vs 18.39%/yr for VIGAX. At a correlation of -0.06, they often move in opposite directions. VTBIX charges 0.09%/yr vs 0.05%/yr for VIGAX.
Performance
VTBIX vs. VIGAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VTBIX achieves a 0.30% return, which is significantly lower than VIGAX's 10.82% return. Over the past 10 years, VTBIX has underperformed VIGAX with an annualized return of 1.44%, while VIGAX has yielded a comparatively higher 18.39% annualized return.
VTBIX
- 1D
- 0.00%
- 1M
- 0.45%
- YTD
- 0.30%
- 6M
- 0.22%
- 1Y
- 5.14%
- 3Y*
- 3.84%
- 5Y*
- 0.03%
- 10Y*
- 1.44%
VIGAX
- 1D
- -0.28%
- 1M
- 7.54%
- YTD
- 10.82%
- 6M
- 10.11%
- 1Y
- 29.44%
- 3Y*
- 26.45%
- 5Y*
- 15.71%
- 10Y*
- 18.39%
VTBIX vs. VIGAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTBIX Vanguard Total Bond Market II Index Fund Investor Shares | 0.30% | 7.11% | 1.25% | 5.03% | -13.18% | -1.88% | 7.47% | 8.62% | -0.32% | 3.53% |
VIGAX Vanguard Growth Index Fund Admiral Shares | 10.82% | 19.43% | 32.67% | 46.76% | -33.14% | 27.26% | 40.18% | 37.23% | -3.35% | 27.80% |
Correlation
The correlation between VTBIX and VIGAX is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Aug 6, 2012 | -0.06 |
The correlation between VTBIX and VIGAX shifts across timeframes, from -0.06 (all time) to 0.19 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VTBIX vs. VIGAX — Risk / Return Rank
VTBIX
VIGAX
VTBIX vs. VIGAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market II Index Fund Investor Shares (VTBIX) and Vanguard Growth Index Fund Admiral Shares (VIGAX). 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.
| VTBIX | VIGAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.33 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | 1.84 | -0.03 |
| Martin ratioReturn relative to average drawdown | 5.43 | 6.49 | -1.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| VTBIX | VIGAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 1.92 | -0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | 0.71 | -0.70 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.86 | -0.56 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.48 | -0.21 |
Drawdowns
VTBIX vs. VIGAX - Drawdown Comparison
The maximum VTBIX drawdown since its inception was -18.72%, smaller than the maximum VIGAX drawdown of -50.66%. Use the drawdown chart below to compare losses from any high point for VTBIX and VIGAX.
Loading charts...
Drawdown Indicators
| VTBIX | VIGAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.72% | -50.66% | +31.94% |
Max Drawdown (1Y)Largest decline over 1 year | -2.84% | -16.51% | +13.67% |
Max Drawdown (3Y)Largest decline over 3 years | -5.98% | -23.04% | +17.06% |
Max Drawdown (5Y)Largest decline over 5 years | -18.11% | -35.63% | +17.52% |
Max Drawdown (10Y)Largest decline over 10 years | -18.72% | -35.63% | +16.91% |
Current DrawdownCurrent decline from peak | -3.00% | -0.28% | -2.72% |
Average DrawdownAverage peak-to-trough decline | -4.42% | -11.96% | +7.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 4.68% | -3.73% |
Volatility
VTBIX vs. VIGAX - Volatility Comparison
The current volatility for Vanguard Total Bond Market II Index Fund Investor Shares (VTBIX) is 1.33%, while Vanguard Growth Index Fund Admiral Shares (VIGAX) has a volatility of 3.62%. This indicates that VTBIX experiences smaller price fluctuations and is considered to be less risky than VIGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VTBIX | VIGAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.33% | 3.62% | -2.29% |
Volatility (6M)Calculated over the trailing 6-month period | 2.80% | 12.10% | -9.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.91% | 15.88% | -11.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.95% | 22.35% | -16.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.92% | 21.59% | -16.67% |
VTBIX vs. VIGAX - Expense Ratio Comparison
VTBIX has a 0.09% expense ratio, which is higher than VIGAX's 0.05% 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
VTBIX vs. VIGAX - Dividend Comparison
VTBIX's dividend yield for the trailing twelve months is around 3.99%, more than VIGAX's 0.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIGAX Vanguard Growth Index Fund Admiral Shares | 0.36% | 0.40% | 0.46% | 0.57% | 0.69% | 0.47% | 0.66% | 0.94% | 1.31% | 1.14% | 1.39% | 1.31% |
VTBIX Vanguard Total Bond Market II Index Fund Investor Shares | 3.99% | 3.88% | 3.70% | 2.53% | 2.47% | 1.75% | 3.20% | 2.72% | 2.51% | 2.43% | 2.48% | 2.64% |
Frequently Asked Questions
VTBIX and VIGAX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VIGAX has higher volatility (3.62%) compared to VTBIX (1.33%). In terms of maximum drawdown, VTBIX dropped -18.72% vs VIGAX's -50.66%.
VIGAX currently has the higher Sharpe Ratio (1.92 vs 1.32), 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.
Find the right allocation for VTBIX and VIGAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer