Key characteristics
| VGT | XLK | |
|---|---|---|
| YTD Return | 38.70% | 40.02% |
| 1Y Return | 35.93% | 37.49% |
| 5Y Return (Ann) | 20.72% | 21.54% |
| 10Y Return (Ann) | 20.70% | 20.46% |
| Sharpe Ratio | 1.35 | 1.42 |
| Daily Std Dev | 26.91% | 26.62% |
| Max Drawdown | -54.63% | -82.05% |
Correlation
0.96
-1.001.00
The correlation between VGT and XLK is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
VGT vs. XLK - Performance Comparison
The year-to-date returns for both investments are quite close, with VGT having a 38.70% return and XLK slightly higher at 40.02%. Both investments have delivered pretty close results over the past 10 years, with VGT having a 20.70% annualized return and XLK not far behind at 20.46%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
VGT
XLK
Compare stocks, funds, or ETFs
VGT vs. XLK - Dividend Comparison
VGT's dividend yield for the trailing twelve months is around 0.70%, less than XLK's 0.78% yield.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGT Vanguard Information Technology ETF | 0.70% | 0.91% | 0.65% | 0.84% | 1.14% | 1.35% | 1.04% | 1.40% | 1.39% | 1.23% | 1.17% | 1.35% |
XLK Technology Select Sector SPDR Fund | 0.78% | 1.04% | 0.65% | 0.94% | 1.20% | 1.68% | 1.46% | 1.88% | 1.97% | 1.96% | 1.94% | 2.03% |
VGT vs. XLK - Expense Ratio Comparison
VGT has a 0.10% expense ratio, which is lower than XLK's 0.13% expense ratio.
XLK
0.13%
0.00%2.15%
0.10%
0.00%2.15%
VGT vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Information Technology ETF (VGT) and Technology Select Sector SPDR Fund (XLK). 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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
VGT Vanguard Information Technology ETF | 1.35 | ||||
XLK Technology Select Sector SPDR Fund | 1.42 |
VGT vs. XLK - Sharpe Ratio Comparison
The current VGT Sharpe Ratio is 1.35, which roughly equals the XLK Sharpe Ratio of 1.42. The chart below compares the 12-month rolling Sharpe Ratio of VGT and XLK.
VGT
XLK
VGT vs. XLK - Drawdown Comparison
The maximum VGT drawdown for the period was -32.68%, roughly equal to the maximum XLK drawdown of -30.73%. The drawdown chart below compares losses from any high point along the way for VGT and XLK
VGT
XLK
VGT vs. XLK - Volatility Comparison
Vanguard Information Technology ETF (VGT) and Technology Select Sector SPDR Fund (XLK) have volatilities of 5.02% and 5.04%, 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.
VGT
XLK
