ASTEX vs. VGIT
Compare and contrast key facts about American Funds Short-Term Tax Exempt Bond Fund (ASTEX) and Vanguard Intermediate-Term Treasury ETF (VGIT).
ASTEX is managed by American Funds. It was launched on Aug 6, 2009. VGIT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 3-10 Year Government Float Adjusted Index. It was launched on Nov 19, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASTEX or VGIT.
Correlation
The correlation between ASTEX and VGIT is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
ASTEX vs. VGIT - Performance Comparison
Key characteristics
ASTEX:
1.42
VGIT:
1.35
ASTEX:
2.04
VGIT:
2.06
ASTEX:
1.38
VGIT:
1.24
ASTEX:
1.75
VGIT:
0.53
ASTEX:
6.61
VGIT:
3.24
ASTEX:
0.50%
VGIT:
1.93%
ASTEX:
2.28%
VGIT:
4.60%
ASTEX:
-5.67%
VGIT:
-16.05%
ASTEX:
-0.58%
VGIT:
-5.74%
Returns By Period
In the year-to-date period, ASTEX achieves a 0.91% return, which is significantly lower than VGIT's 3.17% return. Over the past 10 years, ASTEX has underperformed VGIT with an annualized return of 1.21%, while VGIT has yielded a comparatively higher 1.32% annualized return.
ASTEX
0.91%
1.35%
0.96%
3.22%
1.06%
1.21%
VGIT
3.17%
0.35%
2.79%
6.16%
-0.99%
1.32%
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ASTEX vs. VGIT - Expense Ratio Comparison
ASTEX has a 0.53% expense ratio, which is higher than VGIT's 0.04% expense ratio.
Risk-Adjusted Performance
ASTEX vs. VGIT — Risk-Adjusted Performance Rank
ASTEX
VGIT
ASTEX vs. VGIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Short-Term Tax Exempt Bond Fund (ASTEX) and Vanguard Intermediate-Term Treasury ETF (VGIT). 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
ASTEX vs. VGIT - Dividend Comparison
ASTEX's dividend yield for the trailing twelve months is around 2.67%, less than VGIT's 3.74% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASTEX American Funds Short-Term Tax Exempt Bond Fund | 2.67% | 2.55% | 2.09% | 1.07% | 0.50% | 1.04% | 1.51% | 1.44% | 1.23% | 1.07% | 1.03% | 1.05% |
VGIT Vanguard Intermediate-Term Treasury ETF | 3.74% | 3.67% | 2.72% | 1.74% | 1.69% | 2.23% | 2.24% | 2.05% | 1.67% | 1.69% | 1.69% | 1.54% |
Drawdowns
ASTEX vs. VGIT - Drawdown Comparison
The maximum ASTEX drawdown since its inception was -5.67%, smaller than the maximum VGIT drawdown of -16.05%. Use the drawdown chart below to compare losses from any high point for ASTEX and VGIT. For additional features, visit the drawdowns tool.
Volatility
ASTEX vs. VGIT - Volatility Comparison
The current volatility for American Funds Short-Term Tax Exempt Bond Fund (ASTEX) is 0.96%, while Vanguard Intermediate-Term Treasury ETF (VGIT) has a volatility of 1.51%. This indicates that ASTEX experiences smaller price fluctuations and is considered to be less risky than VGIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.