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 0.33, 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
ASTEX vs. VGIT - Performance Comparison
Key characteristics
ASTEX:
2.21
VGIT:
1.26
ASTEX:
3.43
VGIT:
1.85
ASTEX:
1.60
VGIT:
1.22
ASTEX:
3.34
VGIT:
0.46
ASTEX:
9.81
VGIT:
2.83
ASTEX:
0.38%
VGIT:
2.01%
ASTEX:
1.70%
VGIT:
4.51%
ASTEX:
-5.66%
VGIT:
-16.05%
ASTEX:
0.00%
VGIT:
-6.37%
Returns By Period
In the year-to-date period, ASTEX achieves a 1.03% return, which is significantly lower than VGIT's 2.49% return. Over the past 10 years, ASTEX has underperformed VGIT with an annualized return of 1.17%, while VGIT has yielded a comparatively higher 1.28% annualized return.
ASTEX
1.03%
0.62%
1.22%
3.45%
0.96%
1.17%
VGIT
2.49%
1.88%
0.73%
4.85%
-0.50%
1.28%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 2.37%, less than VGIT's 3.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASTEX American Funds Short-Term Tax Exempt Bond Fund | 2.37% | 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 | 3.38% | 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 -5.66%, 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 0.43%, while Vanguard Intermediate-Term Treasury ETF (VGIT) has a volatility of 1.20%. 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.