VWUAX vs. VIVAX
VWUAX (Vanguard U.S. Growth Fund Admiral Shares) and VIVAX (Vanguard Value Index Fund Investor Shares) are both mutual funds - VWUAX is a Large Cap Growth Equities fund actively managed by Vanguard, while VIVAX is a Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index. VWUAX is actively managed, while VIVAX is passively managed. Over the past 10 years, VWUAX returned 14.86%/yr vs 12.33%/yr for VIVAX. Their 0.77 correlation means they have sometimes moved together and sometimes differently. VWUAX charges 0.25%/yr vs 0.17%/yr for VIVAX.
Performance
VWUAX vs. VIVAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VWUAX achieves a -2.88% return, which is significantly lower than VIVAX's 16.58% return. Over the past 10 years, VWUAX has outperformed VIVAX with an annualized return of 14.86%, while VIVAX has yielded a comparatively lower 12.33% annualized return.
VWUAX
- 1D
- 1.97%
- 1M
- -3.71%
- 6M
- -0.35%
- YTD
- -2.88%
- 1Y
- 2.46%
- 3Y*
- 16.27%
- 5Y*
- 3.29%
- 10Y*
- 14.86%
- ALL TIME*
- 8.75%
VIVAX
- 1D
- 0.33%
- 1M
- 0.58%
- 6M
- 11.47%
- YTD
- 16.58%
- 1Y
- 28.07%
- 3Y*
- 16.76%
- 5Y*
- 12.07%
- 10Y*
- 12.33%
- ALL TIME*
- 10.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
VWUAX vs. VIVAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VWUAX Vanguard U.S. Growth Fund Admiral Shares | -2.88% | 15.49% | 31.79% | 45.32% | -39.58% | 2.43% | 58.80% | 48.42% | 0.77% | 31.26% |
VIVAX Vanguard Value Index Fund Investor Shares | 16.58% | 14.50% | 15.85% | 9.08% | -2.18% | 26.32% | 2.18% | 25.66% | -5.56% | 16.98% |
Correlation
The correlation between VWUAX and VIVAX is 0.34, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.34 |
Correlation (3Y) Balances recent behavior with more history. | 0.46 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.56 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.58 |
Correlation (All Time) Calculated using the full available price history since Aug 13, 2001 | 0.77 |
Over the past year, the correlation between VWUAX and VIVAX has dropped to 0.34 - well below their long-term average of 0.77, suggesting their price drivers have been diverging.
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
VWUAX vs. VIVAX — Risk / Return Rank
VWUAX
VIVAX
VWUAX vs. VIVAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard U.S. Growth Fund Admiral Shares (VWUAX) and Vanguard Value Index Fund Investor Shares (VIVAX). 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.
| VWUAX | VIVAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.47 | ||
| Sortino ratioReturn per unit of downside risk | -3.41 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.45 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | 0.03 | 4.08 | -4.05 |
| Martin ratioReturn relative to average drawdown | 0.09 | 15.73 | -15.65 |
Loading charts...
Drawdowns
VWUAX vs. VIVAX - Drawdown Comparison
The maximum VWUAX drawdown since its inception was -50.37%, smaller than the maximum VIVAX drawdown of -59.38%. Use the drawdown chart below to compare losses from any high point for VWUAX and VIVAX.
Loading charts...
Drawdown Indicators
| VWUAX | VIVAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.37% | -59.38% | +9.01% |
Max Drawdown (1Y)Largest decline over 1 year | -19.12% | -6.37% | -12.75% |
Max Drawdown (3Y)Largest decline over 3 years | -25.01% | -14.90% | -10.11% |
Max Drawdown (5Y)Largest decline over 5 years | -50.17% | -17.17% | -33.00% |
Max Drawdown (10Y)Largest decline over 10 years | -50.17% | -36.81% | -13.36% |
Current DrawdownCurrent decline from peak | -8.05% | -1.07% | -6.98% |
Average DrawdownAverage peak-to-trough decline | -12.77% | -8.04% | -4.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.78% | 1.66% | +5.12% |
Volatility
VWUAX vs. VIVAX - Volatility Comparison
Vanguard U.S. Growth Fund Admiral Shares (VWUAX) has a higher volatility of 5.29% compared to Vanguard Value Index Fund Investor Shares (VIVAX) at 2.64%. This indicates that VWUAX's price experiences larger fluctuations and is considered to be riskier than VIVAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VWUAX | VIVAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.29% | 2.64% | +2.65% |
Volatility (6M)Calculated over the trailing 6-month period | 14.35% | 7.79% | +6.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.17% | 10.38% | +7.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.11% | 13.87% | +11.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.79% | 16.69% | +7.10% |
VWUAX vs. VIVAX - Expense Ratio Comparison
VWUAX has a 0.25% expense ratio, which is higher than VIVAX's 0.17% 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
VWUAX vs. VIVAX - Dividend Comparison
VWUAX's dividend yield for the trailing twelve months is around 9.78%, more than VIVAX's 1.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIVAX Vanguard Value Index Fund Investor Shares | 1.73% | 1.42% | 2.19% | 2.33% | 2.39% | 2.02% | 2.43% | 2.39% | 2.59% | 2.18% | 2.33% | 2.46% |
VWUAX Vanguard U.S. Growth Fund Admiral Shares | 9.78% | 9.50% | 4.70% | 0.37% | 0.49% | 3.60% | 4.00% | 13.28% | 9.80% | 4.63% | 1.67% | 9.10% |
Frequently Asked Questions
VWUAX and VIVAX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VWUAX has higher volatility (5.29%) compared to VIVAX (2.64%). In terms of maximum drawdown, VWUAX dropped -50.37% vs VIVAX's -59.38%.
VIVAX currently has the higher Sharpe Ratio (2.51 vs 0.03), 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 VWUAX and VIVAX
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