VV vs. ^NIFTY200

Last updated Jun 4, 2026

VV (Vanguard Large-Cap ETF) is Large Cap Growth Equities fund tracking the CRSP US Large Cap Index, while ^NIFTY200 (NIFTY 200) is an index. Over the past 10 years, VV returned 15.58%/yr vs 8.22%/yr for ^NIFTY200. At a 0.25 correlation, their price movements are largely independent.

Performance

VV vs. ^NIFTY200 - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Large-Cap ETF (VV) and NIFTY 200 (^NIFTY200). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VV is traded in USD, while ^NIFTY200 is traded in INR. To make them comparable, the ^NIFTY200 values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, VV achieves a 10.69% return, which is significantly higher than ^NIFTY200's -12.67% return. Over the past 10 years, VV has outperformed ^NIFTY200 with an annualized return of 15.58%, while ^NIFTY200 has yielded a comparatively lower 8.22% annualized return.

VV

• 1D: -0.72%
• 1M: 5.19%
• YTD: 10.69%
• 6M: 10.54%
• 1Y: 27.77%
• 3Y*: 22.68%
• 5Y*: 13.54%
• 10Y*: 15.58%

^NIFTY200

• 1D: -0.75%
• 1M: -2.57%
• YTD: -12.67%
• 6M: -11.86%
• 1Y: -11.77%
• 3Y*: 6.11%
• 5Y*: 4.40%
• 10Y*: 8.22%

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

VV vs. ^NIFTY200 - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VV Vanguard Large-Cap ETF	10.69%	18.11%	25.25%	27.18%	-19.91%	27.41%	21.04%	31.25%	-4.46%	22.00%
^NIFTY200 NIFTY 200	-12.67%	3.23%	10.51%	22.85%	-6.72%	24.95%	13.11%	5.95%	-9.29%	42.05%

Correlation

The correlation between VV and ^NIFTY200 is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (10Y) Calculated over the trailing 10-year period	0.23
Correlation (All Time) Calculated using the full available price history since Jul 3, 2007	0.25

The correlation between VV and ^NIFTY200 shifts across timeframes, from 0.13 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.

Return for Risk

VV vs. ^NIFTY200 — Risk / Return Rank

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

VV

VV Risk / Return Rank: 67
VV Sharpe Ratio Rank: 69
VV Sortino Ratio Rank: 68
VV Omega Ratio Rank: 68
VV Calmar Ratio Rank: 60
VV Martin Ratio Rank: 72

^NIFTY200

^NIFTY200 Risk / Return Rank: 8
^NIFTY200 Sharpe Ratio Rank: 8
^NIFTY200 Sortino Ratio Rank: 7
^NIFTY200 Omega Ratio Rank: 7
^NIFTY200 Calmar Ratio Rank: 9
^NIFTY200 Martin Ratio Rank: 8

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.

VV vs. ^NIFTY200 - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Large-Cap ETF (VV) and NIFTY 200 (^NIFTY200). 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.

	VV	^NIFTY200	Difference
Sharpe ratio Return per unit of total volatility	2.33	-0.77	+3.09
Sortino ratio Return per unit of downside risk	3.18	-1.02	+4.20
Omega ratio Gain probability vs. loss probability	1.42	0.88	+0.54
Calmar ratio Return relative to maximum drawdown	3.03	-0.58	+3.61
Martin ratio Return relative to average drawdown	13.86	-1.47	+15.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VV vs. ^NIFTY200 - Sharpe Ratio Comparison

The current VV Sharpe Ratio is 2.33, which is higher than the ^NIFTY200 Sharpe Ratio of -0.77. The chart below compares the historical Sharpe Ratios of VV and ^NIFTY200, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VV	^NIFTY200	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.33	-0.77	+3.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.28	+0.51
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.86	0.46	+0.40
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.21	+0.39

Drawdowns

VV vs. ^NIFTY200 - Drawdown Comparison

The maximum VV drawdown since its inception was -54.81%, smaller than the maximum ^NIFTY200 drawdown of -72.43%. Use the drawdown chart below to compare losses from any high point for VV and ^NIFTY200.

Drawdown Indicators

	VV	^NIFTY200	Difference
Max Drawdown Largest peak-to-trough decline	-54.81%	-72.43%	+17.62%
Max Drawdown (1Y) Largest decline over 1 year	-9.21%	-20.69%	+11.48%
Max Drawdown (3Y) Largest decline over 3 years	-18.97%	-25.06%	+6.09%
Max Drawdown (5Y) Largest decline over 5 years	-25.66%	-25.06%	-0.60%
Max Drawdown (10Y) Largest decline over 10 years	-34.28%	-45.71%	+11.43%
Current Drawdown Current decline from peak	-0.72%	-20.11%	+19.39%
Average Drawdown Average peak-to-trough decline	-6.84%	-22.06%	+15.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	8.06%	-6.05%

Volatility

VV vs. ^NIFTY200 - Volatility Comparison

The current volatility for Vanguard Large-Cap ETF (VV) is 2.84%, while NIFTY 200 (^NIFTY200) has a volatility of 5.02%. This indicates that VV experiences smaller price fluctuations and is considered to be less risky than ^NIFTY200 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VV	^NIFTY200	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.84%	5.02%	-2.18%
Volatility (6M) Calculated over the trailing 6-month period	8.98%	13.61%	-4.63%
Volatility (1Y) Calculated over the trailing 1-year period	11.99%	15.70%	-3.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.22%	15.81%	+1.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.19%	18.22%	-0.03%

Frequently Asked Questions

Can I hold both VV and ^NIFTY200 in my portfolio?

VV and ^NIFTY200 have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VV or ^NIFTY200?

^NIFTY200 has higher volatility (5.02%) compared to VV (2.84%). In terms of maximum drawdown, VV dropped -54.81% vs ^NIFTY200's -72.43%.

Which has better risk-adjusted returns?

VV currently has the higher Sharpe Ratio (2.33 vs -0.77), 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.