AAANX vs. VGT
Compare and contrast key facts about Horizon Active Asset Allocation Fund (AAANX) and Vanguard Information Technology ETF (VGT).
AAANX is managed by Horizon Investments. It was launched on Jan 30, 2012. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAANX or VGT.
Key characteristics
| AAANX | VGT | |
|---|---|---|
| YTD Return | 9.60% | 13.29% |
| 1Y Return | 17.90% | 24.44% |
| 3Y Return (Ann) | 3.09% | 9.24% |
| 5Y Return (Ann) | 9.79% | 21.22% |
| 10Y Return (Ann) | 7.32% | 19.68% |
| Sharpe Ratio | 1.33 | 1.12 |
| Daily Std Dev | 12.95% | 20.61% |
| Max Drawdown | -34.18% | -54.63% |
| Current Drawdown | -4.02% | -9.98% |
Correlation
The correlation between AAANX and VGT is 0.86, 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.
Performance
AAANX vs. VGT - Performance Comparison
In the year-to-date period, AAANX achieves a 9.60% return, which is significantly lower than VGT's 13.29% return. Over the past 10 years, AAANX has underperformed VGT with an annualized return of 7.32%, while VGT has yielded a comparatively higher 19.68% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AAANX vs. VGT - Expense Ratio Comparison
AAANX has a 1.14% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
AAANX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Horizon Active Asset Allocation Fund (AAANX) and Vanguard Information Technology ETF (VGT). 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.
Dividends
AAANX vs. VGT - Dividend Comparison
AAANX's dividend yield for the trailing twelve months is around 0.71%, more than VGT's 0.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAANX Horizon Active Asset Allocation Fund | 0.71% | 0.78% | 1.08% | 15.02% | 6.59% | 0.67% | 7.46% | 12.35% | 0.89% | 3.13% | 4.83% | 7.76% |
VGT Vanguard Information Technology ETF | 0.68% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
AAANX vs. VGT - Drawdown Comparison
The maximum AAANX drawdown since its inception was -34.18%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for AAANX and VGT. For additional features, visit the drawdowns tool.
Volatility
AAANX vs. VGT - Volatility Comparison
The current volatility for Horizon Active Asset Allocation Fund (AAANX) is 4.89%, while Vanguard Information Technology ETF (VGT) has a volatility of 8.09%. This indicates that AAANX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.