ATEC vs. VGT
Compare and contrast key facts about Alphatec Holdings, Inc. (ATEC) and Vanguard Information Technology ETF (VGT).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ATEC or VGT.
Key characteristics
| ATEC | VGT | |
|---|---|---|
| YTD Return | -12.57% | 2.74% |
| 1Y Return | -10.14% | 32.34% |
| 3Y Return (Ann) | -6.04% | 10.62% |
| 5Y Return (Ann) | 28.62% | 19.47% |
| 10Y Return (Ann) | -2.72% | 19.85% |
| Sharpe Ratio | -0.18 | 1.72 |
| Daily Std Dev | 49.04% | 18.28% |
| Max Drawdown | -98.90% | -54.63% |
| Current Drawdown | -87.74% | -6.21% |
Correlation
The correlation between ATEC and VGT is 0.31, 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
ATEC vs. VGT - Performance Comparison
In the year-to-date period, ATEC achieves a -12.57% return, which is significantly lower than VGT's 2.74% return. Over the past 10 years, ATEC has underperformed VGT with an annualized return of -2.72%, while VGT has yielded a comparatively higher 19.85% 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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Risk-Adjusted Performance
ATEC vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphatec Holdings, Inc. (ATEC) 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
ATEC vs. VGT - Dividend Comparison
ATEC has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.73%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATEC Alphatec Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.73% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
ATEC vs. VGT - Drawdown Comparison
The maximum ATEC drawdown since its inception was -98.90%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for ATEC and VGT. For additional features, visit the drawdowns tool.
Volatility
ATEC vs. VGT - Volatility Comparison
Alphatec Holdings, Inc. (ATEC) has a higher volatility of 10.66% compared to Vanguard Information Technology ETF (VGT) at 6.52%. This indicates that ATEC'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.