ARGT vs. VGT
Compare and contrast key facts about Global X MSCI Argentina ETF (ARGT) and Vanguard Information Technology ETF (VGT).
ARGT and VGT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARGT is a passively managed fund by Global X that tracks the performance of the MSCI All Argentina 25/50. It was launched on Mar 2, 2011. 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. Both ARGT and VGT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARGT or VGT.
Key characteristics
| ARGT | VGT | |
|---|---|---|
| YTD Return | 19.46% | 5.51% |
| 1Y Return | 62.72% | 36.46% |
| 3Y Return (Ann) | 30.30% | 12.37% |
| 5Y Return (Ann) | 18.35% | 20.09% |
| 10Y Return (Ann) | 13.03% | 20.31% |
| Sharpe Ratio | 2.10 | 1.95 |
| Daily Std Dev | 28.73% | 18.44% |
| Max Drawdown | -61.68% | -54.63% |
| Current Drawdown | 0.00% | -3.68% |
Correlation
The correlation between ARGT and VGT is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ARGT vs. VGT - Performance Comparison
In the year-to-date period, ARGT achieves a 19.46% return, which is significantly higher than VGT's 5.51% return. Over the past 10 years, ARGT has underperformed VGT with an annualized return of 13.03%, while VGT has yielded a comparatively higher 20.31% 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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ARGT vs. VGT - Expense Ratio Comparison
ARGT has a 0.60% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
ARGT vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI Argentina ETF (ARGT) 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
ARGT vs. VGT - Dividend Comparison
ARGT's dividend yield for the trailing twelve months is around 1.33%, more than VGT's 0.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARGT Global X MSCI Argentina ETF | 1.33% | 1.59% | 2.45% | 0.93% | 0.28% | 1.21% | 1.34% | 0.49% | 0.36% | 0.89% | 0.47% | 0.62% |
VGT Vanguard Information Technology ETF | 0.71% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
ARGT vs. VGT - Drawdown Comparison
The maximum ARGT drawdown since its inception was -61.68%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for ARGT and VGT. For additional features, visit the drawdowns tool.
Volatility
ARGT vs. VGT - Volatility Comparison
Global X MSCI Argentina ETF (ARGT) has a higher volatility of 9.80% compared to Vanguard Information Technology ETF (VGT) at 6.95%. This indicates that ARGT's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.