VUG vs. VIGAX

Last updated Jun 13, 2026

VUG (Vanguard Growth ETF) and VIGAX (Vanguard Growth Index Fund Admiral Shares) are both Large Cap Growth Equities funds from Vanguard tracking the CRSP US Large Cap Growth Index. Both are passively managed. Over the past 10 years, VUG returned 17.90%/yr vs 17.87%/yr for VIGAX. With a 0.99 correlation, they move nearly in lockstep. VUG charges 0.03%/yr vs 0.05%/yr for VIGAX.

Performance

VUG vs. VIGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Growth ETF (VUG) and Vanguard Growth Index Fund Admiral Shares (VIGAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with VUG having a 4.99% return and VIGAX slightly lower at 4.85%. Both investments have delivered pretty close results over the past 10 years, with VUG having a 17.90% annualized return and VIGAX not far behind at 17.87%.

VUG

• 1D: 0.18%
• 1M: -2.56%
• YTD: 4.99%
• 6M: 5.66%
• 1Y: 21.15%
• 3Y*: 23.38%
• 5Y*: 13.78%
• 10Y*: 17.90%

VIGAX

• 1D: 1.82%
• 1M: -2.66%
• YTD: 4.85%
• 6M: 5.52%
• 1Y: 21.03%
• 3Y*: 23.61%
• 5Y*: 13.73%
• 10Y*: 17.87%

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

VUG vs. VIGAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VUG Vanguard Growth ETF	4.99%	19.40%	32.69%	46.83%	-33.16%	27.35%	40.25%	37.03%	-3.32%	27.72%
VIGAX Vanguard Growth Index Fund Admiral Shares	4.85%	19.43%	32.67%	46.76%	-33.14%	27.26%	40.18%	37.23%	-3.35%	27.80%

Correlation

The correlation between VUG and VIGAX 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 Jan 30, 2004	0.99

The correlation between VUG and VIGAX has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.

VUG vs. VIGAX - Sectors Allocation Comparison

Sectors	VUG	VIGAX
Technology	53.5%	53.5%
Communication Services	17.3%	17.3%
Consumer Cyclical	12.2%	12.2%
Healthcare	4.6%	4.6%
Financial Services	4.3%	4.3%
Industrials	3.6%	3.6%
Consumer Defensive	1.5%	1.5%
Real Estate	1.0%	1.0%
Utilities	0.9%	0.9%
Basic Materials	0.6%	0.6%
Energy	0.4%	0.4%

Return for Risk

VUG vs. VIGAX — Risk / Return Rank

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

VUG

VUG Risk / Return Rank: 36
VUG Sharpe Ratio Rank: 41
VUG Sortino Ratio Rank: 38
VUG Omega Ratio Rank: 40
VUG Calmar Ratio Rank: 30
VUG Martin Ratio Rank: 33

VIGAX

VIGAX Risk / Return Rank: 27
VIGAX Sharpe Ratio Rank: 32
VIGAX Sortino Ratio Rank: 29
VIGAX Omega Ratio Rank: 31
VIGAX Calmar Ratio Rank: 21
VIGAX Martin Ratio Rank: 22

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.

VUG vs. VIGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Growth ETF (VUG) 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.

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.

	VUG	VIGAX	Difference
Sharpe ratio: Return per unit of total volatility	1.29	1.29	0.00
Sortino ratio: Return per unit of downside risk	1.78	1.78	0.00
Omega ratio: Gain probability vs. loss probability	1.23	1.23	0.00
Calmar ratio: Return relative to maximum drawdown	1.29	1.29	-0.01
Martin ratio: Return relative to average drawdown	4.43	4.48	-0.06

VUG vs. VIGAX - Sharpe Ratio Comparison

The current VUG Sharpe Ratio is 1.29, which is comparable to the VIGAX Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of VUG and VIGAX, 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

VUG vs. VIGAX - Drawdown Comparison

The maximum VUG drawdown since its inception was -50.68%, roughly equal to the maximum VIGAX drawdown of -50.66%. Use the drawdown chart below to compare losses from any high point for VUG and VIGAX.

Drawdown Indicators

	VUG	VIGAX	Difference
Max Drawdown Largest peak-to-trough decline	-50.68%	-50.66%	-0.02%
Max Drawdown (1Y) Largest decline over 1 year	-16.53%	-16.51%	-0.02%
Max Drawdown (3Y) Largest decline over 3 years	-22.85%	-23.04%	+0.19%
Max Drawdown (5Y) Largest decline over 5 years	-35.61%	-35.63%	+0.02%
Max Drawdown (10Y) Largest decline over 10 years	-35.61%	-35.63%	+0.02%
Current Drawdown Current decline from peak	-5.56%	-5.66%	+0.10%
Average Drawdown Average peak-to-trough decline	-7.09%	-11.95%	+4.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.79%	4.75%	+0.04%

Volatility

VUG vs. VIGAX - Volatility Comparison

Vanguard Growth ETF (VUG) and Vanguard Growth Index Fund Admiral Shares (VIGAX) have volatilities of 5.73% and 5.91%, 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.

Volatility by Period

	VUG	VIGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.73%	5.91%	-0.18%
Volatility (6M) Calculated over the trailing 6-month period	13.00%	13.06%	-0.06%
Volatility (1Y) Calculated over the trailing 1-year period	16.46%	16.55%	-0.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.30%	22.44%	-0.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.48%	21.63%	-0.15%

VUG vs. VIGAX - Expense Ratio Comparison

VUG has a 0.03% expense ratio, which is lower than VIGAX's 0.05% 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

VUG vs. VIGAX - Dividend Comparison

VUG's dividend yield for the trailing twelve months is around 0.39%, more than VIGAX's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VIGAX Vanguard Growth Index Fund Admiral Shares	0.38%	0.40%	0.46%	0.57%	0.69%	0.47%	0.66%	0.94%	1.31%	1.14%	1.39%	1.31%
VUG Vanguard Growth ETF	0.39%	0.41%	0.47%	0.58%	0.70%	0.48%	0.66%	0.95%	1.32%	1.14%	1.39%	1.30%

Frequently Asked Questions

Can I hold both VUG and VIGAX in my portfolio?

With a correlation of 1.00, VUG and VIGAX 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, VUG or VIGAX?

VIGAX has higher volatility (5.91%) compared to VUG (5.73%). In terms of maximum drawdown, VUG dropped -50.68% vs VIGAX's -50.66%.

Which has better risk-adjusted returns?

VUG currently has the higher Sharpe Ratio (1.29 vs 1.29), 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.