Correlation
The correlation between ARVR and VYMI is 0.67, 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.
ARVR vs. VYMI
Compare and contrast key facts about First Trust Indxx Metaverse ETF (ARVR) and Vanguard International High Dividend Yield ETF (VYMI).
ARVR and VYMI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARVR is a passively managed fund by First Trust that tracks the performance of the Indxx Metaverse Index - Benchmark TR Net. It was launched on Apr 19, 2022. VYMI is a passively managed fund by Vanguard that tracks the performance of the FTSE All-World ex US High Dividend Yield Index. It was launched on Feb 25, 2016. Both ARVR and VYMI 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: ARVR or VYMI.
Performance
ARVR vs. VYMI - Performance Comparison
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Key characteristics
ARVR:
0.80
VYMI:
1.10
ARVR:
1.36
VYMI:
1.51
ARVR:
1.19
VYMI:
1.21
ARVR:
0.99
VYMI:
1.32
ARVR:
3.55
VYMI:
4.66
ARVR:
5.96%
VYMI:
3.63%
ARVR:
24.16%
VYMI:
16.14%
ARVR:
-26.25%
VYMI:
-40.00%
ARVR:
-1.39%
VYMI:
-0.39%
Returns By Period
In the year-to-date period, ARVR achieves a 11.31% return, which is significantly lower than VYMI's 17.48% return.
ARVR
11.31%
7.54%
10.72%
18.27%
14.58%
N/A
N/A
VYMI
17.48%
4.49%
14.67%
17.70%
11.64%
14.71%
N/A
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ARVR vs. VYMI - Expense Ratio Comparison
ARVR has a 0.70% expense ratio, which is higher than VYMI's 0.22% expense ratio.
Risk-Adjusted Performance
ARVR vs. VYMI — Risk-Adjusted Performance Rank
ARVR
VYMI
ARVR vs. VYMI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Metaverse ETF (ARVR) and Vanguard International High Dividend Yield ETF (VYMI). 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.
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Dividends
ARVR vs. VYMI - Dividend Comparison
ARVR's dividend yield for the trailing twelve months is around 0.73%, less than VYMI's 4.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARVR First Trust Indxx Metaverse ETF | 0.73% | 0.81% | 0.11% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VYMI Vanguard International High Dividend Yield ETF | 4.13% | 4.84% | 4.58% | 4.71% | 4.30% | 3.22% | 4.20% | 4.29% | 3.21% | 2.39% |
Drawdowns
ARVR vs. VYMI - Drawdown Comparison
The maximum ARVR drawdown since its inception was -26.25%, smaller than the maximum VYMI drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for ARVR and VYMI.
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Volatility
ARVR vs. VYMI - Volatility Comparison
First Trust Indxx Metaverse ETF (ARVR) has a higher volatility of 5.02% compared to Vanguard International High Dividend Yield ETF (VYMI) at 2.57%. This indicates that ARVR's price experiences larger fluctuations and is considered to be riskier than VYMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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