VYMSX vs. DGRO
VYMSX (Voya Mid Cap Research Enhanced Index Fund) and DGRO (iShares Core Dividend Growth ETF) are both funds - VYMSX is a Mid Cap Blend Equities fund managed by Voya, while DGRO is a Large Cap Growth Equities fund tracking the Morningstar US Dividend Growth Index. Over the past 10 years, VYMSX returned 10.22%/yr vs 13.44%/yr for DGRO. Their correlation of 0.84 means they have usually moved in the same direction. VYMSX charges 0.82%/yr vs 0.08%/yr for DGRO.
Performance
VYMSX vs. DGRO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VYMSX achieves a 17.08% return, which is significantly higher than DGRO's 13.39% return. Over the past 10 years, VYMSX has underperformed DGRO with an annualized return of 10.22%, while DGRO has yielded a comparatively higher 13.44% annualized return.
VYMSX
- 1D
- 0.64%
- 1M
- -0.90%
- 6M
- 13.00%
- YTD
- 17.08%
- 1Y
- 23.06%
- 3Y*
- 14.06%
- 5Y*
- 8.70%
- 10Y*
- 10.22%
- ALL TIME*
- 8.90%
DGRO
- 1D
- -0.28%
- 1M
- 0.97%
- 6M
- 9.59%
- YTD
- 13.39%
- 1Y
- 24.21%
- 3Y*
- 16.30%
- 5Y*
- 11.08%
- 10Y*
- 13.44%
- ALL TIME*
- 12.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $103.52M | $104.25M | $110.17M | |
| $0.00 | $0.00 | $0.00 |
VYMSX vs. DGRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VYMSX Voya Mid Cap Research Enhanced Index Fund | 17.08% | 6.79% | 14.92% | 17.35% | -14.63% | 27.47% | 8.26% | 28.18% | -14.55% | 13.43% |
DGRO iShares Core Dividend Growth ETF | 13.39% | 15.69% | 16.62% | 10.47% | -7.91% | 26.64% | 9.50% | 29.87% | -2.38% | 23.00% |
Correlation
The correlation between VYMSX and DGRO is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.56 |
Correlation (3Y) Balances recent behavior with more history. | 0.71 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.79 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.82 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2014 | 0.84 |
Over the past year, the correlation between VYMSX and DGRO has dropped to 0.56 - well below their long-term average of 0.84, 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
VYMSX vs. DGRO — Risk / Return Rank
VYMSX
DGRO
VYMSX vs. DGRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Mid Cap Research Enhanced Index Fund (VYMSX) and iShares Core Dividend Growth ETF (DGRO). 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.
| VYMSX | DGRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.45 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 3.61 | -1.27 |
| Martin ratioReturn relative to average drawdown | 8.77 | 14.07 | -5.30 |
Loading charts...
Drawdowns
VYMSX vs. DGRO - Drawdown Comparison
The maximum VYMSX drawdown since its inception was -57.85%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for VYMSX and DGRO.
Loading charts...
Drawdown Indicators
| VYMSX | DGRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.85% | -35.10% | -22.75% |
Max Drawdown (1Y)Largest decline over 1 year | -10.34% | -6.47% | -3.87% |
Max Drawdown (3Y)Largest decline over 3 years | -24.02% | -14.03% | -9.99% |
Max Drawdown (5Y)Largest decline over 5 years | -31.71% | -19.31% | -12.40% |
Max Drawdown (10Y)Largest decline over 10 years | -43.69% | -35.10% | -8.59% |
Current DrawdownCurrent decline from peak | -3.15% | -1.35% | -1.80% |
Average DrawdownAverage peak-to-trough decline | -9.12% | -3.41% | -5.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.69% | 1.66% | +1.03% |
Volatility
VYMSX vs. DGRO - Volatility Comparison
Voya Mid Cap Research Enhanced Index Fund (VYMSX) has a higher volatility of 4.02% compared to iShares Core Dividend Growth ETF (DGRO) at 3.21%. This indicates that VYMSX's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VYMSX | DGRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.02% | 3.21% | +0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 13.39% | 7.12% | +6.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.77% | 9.61% | +8.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.36% | 13.79% | +9.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.90% | 16.58% | +6.32% |
VYMSX vs. DGRO - Expense Ratio Comparison
VYMSX has a 0.82% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Dividends
VYMSX vs. DGRO - Dividend Comparison
VYMSX's dividend yield for the trailing twelve months is around 25.42%, more than DGRO's 1.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGRO iShares Core Dividend Growth ETF | 1.89% | 2.09% | 2.26% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% |
VYMSX Voya Mid Cap Research Enhanced Index Fund | 25.42% | 29.77% | 11.50% | 0.96% | 6.78% | 14.81% | 0.79% | 2.00% | 13.24% | 7.58% | 1.83% | 6.83% |
Frequently Asked Questions
VYMSX and DGRO have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VYMSX has higher volatility (4.02%) compared to DGRO (3.21%). In terms of maximum drawdown, VYMSX dropped -57.85% vs DGRO's -35.10%.
DGRO currently has the higher Sharpe Ratio (2.44 vs 1.36), 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 VYMSX and DGRO
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