AMZA vs. VONG
Compare and contrast key facts about InfraCap MLP ETF (AMZA) and Vanguard Russell 1000 Growth ETF (VONG).
AMZA and VONG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMZA is an actively managed fund by Virtus Investment Partners. It was launched on Oct 7, 2014. VONG is a passively managed fund by Vanguard that tracks the performance of the Russell 1000 Growth Index. It was launched on Sep 20, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMZA or VONG.
Key characteristics
| AMZA | VONG | |
|---|---|---|
| YTD Return | 26.59% | 32.16% |
| 1Y Return | 28.95% | 42.49% |
| 3Y Return (Ann) | 24.25% | 10.47% |
| 5Y Return (Ann) | 11.85% | 20.05% |
| 10Y Return (Ann) | -3.11% | 16.74% |
| Sharpe Ratio | 1.60 | 2.70 |
| Sortino Ratio | 2.21 | 3.45 |
| Omega Ratio | 1.27 | 1.49 |
| Calmar Ratio | 0.66 | 3.45 |
| Martin Ratio | 7.50 | 13.62 |
| Ulcer Index | 4.03% | 3.32% |
| Daily Std Dev | 18.87% | 16.67% |
| Max Drawdown | -91.46% | -32.72% |
| Current Drawdown | -29.11% | 0.00% |
Correlation
The correlation between AMZA and VONG is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AMZA vs. VONG - Performance Comparison
In the year-to-date period, AMZA achieves a 26.59% return, which is significantly lower than VONG's 32.16% return. Over the past 10 years, AMZA has underperformed VONG with an annualized return of -3.11%, while VONG has yielded a comparatively higher 16.74% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AMZA vs. VONG - Expense Ratio Comparison
AMZA has a 2.01% expense ratio, which is higher than VONG's 0.08% expense ratio.
Risk-Adjusted Performance
AMZA vs. VONG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for InfraCap MLP ETF (AMZA) and Vanguard Russell 1000 Growth ETF (VONG). 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
AMZA vs. VONG - Dividend Comparison
AMZA's dividend yield for the trailing twelve months is around 7.35%, more than VONG's 0.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMZA InfraCap MLP ETF | 7.35% | 9.40% | 7.65% | 10.24% | 22.13% | 19.47% | 34.46% | 24.16% | 18.36% | 18.21% | 0.00% | 0.00% |
VONG Vanguard Russell 1000 Growth ETF | 0.58% | 0.71% | 0.98% | 0.58% | 0.77% | 1.03% | 1.18% | 1.19% | 1.48% | 1.47% | 1.43% | 1.28% |
Drawdowns
AMZA vs. VONG - Drawdown Comparison
The maximum AMZA drawdown since its inception was -91.46%, which is greater than VONG's maximum drawdown of -32.72%. Use the drawdown chart below to compare losses from any high point for AMZA and VONG. For additional features, visit the drawdowns tool.
Volatility
AMZA vs. VONG - Volatility Comparison
InfraCap MLP ETF (AMZA) has a higher volatility of 5.61% compared to Vanguard Russell 1000 Growth ETF (VONG) at 5.15%. This indicates that AMZA's price experiences larger fluctuations and is considered to be riskier than VONG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.