AXBAX vs. VGT

Last updated Jun 4, 2026

AXBAX (Columbia Capital Allocation Aggressive Portfolio) and VGT (Vanguard Information Technology ETF) are both funds - AXBAX is a Diversified Portfolio fund managed by Columbia, while VGT is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. Over the past 10 years, AXBAX returned 10.83%/yr vs 25.78%/yr for VGT. Their correlation of 0.85 suggests significant overlap in exposure. AXBAX charges 0.39%/yr vs 0.09%/yr for VGT.

Performance

AXBAX vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Capital Allocation Aggressive Portfolio (AXBAX) and Vanguard Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AXBAX achieves a 11.70% return, which is significantly lower than VGT's 31.64% return. Over the past 10 years, AXBAX has underperformed VGT with an annualized return of 10.83%, while VGT has yielded a comparatively higher 25.78% annualized return.

AXBAX

• 1D: 0.19%
• 1M: 5.10%
• YTD: 11.70%
• 6M: 12.04%
• 1Y: 28.60%
• 3Y*: 18.93%
• 5Y*: 9.38%
• 10Y*: 10.83%

VGT

• 1D: -1.48%
• 1M: 18.07%
• YTD: 31.64%
• 6M: 30.51%
• 1Y: 60.15%
• 3Y*: 33.48%
• 5Y*: 22.23%
• 10Y*: 25.78%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AXBAX vs. VGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AXBAX Columbia Capital Allocation Aggressive Portfolio	11.70%	19.12%	15.47%	19.89%	-19.11%	16.33%	14.11%	23.88%	-9.47%	22.31%
VGT Vanguard Information Technology ETF	31.64%	21.77%	29.30%	52.66%	-29.70%	30.45%	46.04%	48.62%	2.46%	37.08%

Correlation

The correlation between AXBAX and VGT is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (10Y) Calculated over the trailing 10-year period	0.87
Correlation (All Time) Calculated using the full available price history since Mar 2, 2004	0.85

The correlation between AXBAX and VGT has been stable across timeframes, ranging from 0.83 to 0.89 - a consistent structural relationship.

Return for Risk

AXBAX vs. VGT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AXBAX

AXBAX Risk / Return Rank: 82
AXBAX Sharpe Ratio Rank: 84
AXBAX Sortino Ratio Rank: 80
AXBAX Omega Ratio Rank: 78
AXBAX Calmar Ratio Rank: 80
AXBAX Martin Ratio Rank: 87

VGT

VGT Risk / Return Rank: 76
VGT Sharpe Ratio Rank: 87
VGT Sortino Ratio Rank: 79
VGT Omega Ratio Rank: 78
VGT Calmar Ratio Rank: 72
VGT Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AXBAX vs. VGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Capital Allocation Aggressive Portfolio (AXBAX) 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.

	AXBAX	VGT	Difference
Sharpe ratio Return per unit of total volatility	2.73	2.95	-0.21
Sortino ratio Return per unit of downside risk	3.79	3.63	+0.16
Omega ratio Gain probability vs. loss probability	1.51	1.47	+0.03
Calmar ratio Return relative to maximum drawdown	3.64	3.69	-0.05
Martin ratio Return relative to average drawdown	16.87	11.77	+5.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AXBAX vs. VGT - Sharpe Ratio Comparison

The current AXBAX Sharpe Ratio is 2.73, which is comparable to the VGT Sharpe Ratio of 2.95. The chart below compares the historical Sharpe Ratios of AXBAX and VGT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AXBAX	VGT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.73	2.95	-0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.89	-0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	1.05	-0.32
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.68	-0.16

Drawdowns

AXBAX vs. VGT - Drawdown Comparison

The maximum AXBAX drawdown since its inception was -50.83%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for AXBAX and VGT.

Drawdown Indicators

	AXBAX	VGT	Difference
Max Drawdown Largest peak-to-trough decline	-50.83%	-54.63%	+3.80%
Max Drawdown (1Y) Largest decline over 1 year	-8.03%	-16.40%	+8.37%
Max Drawdown (3Y) Largest decline over 3 years	-15.11%	-27.23%	+12.12%
Max Drawdown (5Y) Largest decline over 5 years	-25.78%	-35.07%	+9.29%
Max Drawdown (10Y) Largest decline over 10 years	-31.27%	-35.07%	+3.80%
Current Drawdown Current decline from peak	0.00%	-1.48%	+1.48%
Average Drawdown Average peak-to-trough decline	-6.78%	-7.95%	+1.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.73%	5.13%	-3.40%

Volatility

AXBAX vs. VGT - Volatility Comparison

The current volatility for Columbia Capital Allocation Aggressive Portfolio (AXBAX) is 2.97%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.39%. This indicates that AXBAX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AXBAX	VGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.97%	6.39%	-3.42%
Volatility (6M) Calculated over the trailing 6-month period	8.48%	16.07%	-7.59%
Volatility (1Y) Calculated over the trailing 1-year period	10.68%	20.57%	-9.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.10%	25.18%	-11.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.82%	24.60%	-9.78%

AXBAX vs. VGT - Expense Ratio Comparison

AXBAX has a 0.39% expense ratio, which is higher than VGT's 0.09% expense ratio.

Dividends

AXBAX vs. VGT - Dividend Comparison

AXBAX's dividend yield for the trailing twelve months is around 8.78%, more than VGT's 0.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AXBAX Columbia Capital Allocation Aggressive Portfolio	8.78%	9.81%	5.23%	5.43%	7.50%	13.35%	5.91%	7.55%	10.64%	7.46%	3.76%	7.23%
VGT Vanguard Information Technology ETF	0.31%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both AXBAX and VGT in my portfolio?

AXBAX and VGT have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AXBAX or VGT?

VGT has higher volatility (6.39%) compared to AXBAX (2.97%). In terms of maximum drawdown, AXBAX dropped -50.83% vs VGT's -54.63%.

Which has better risk-adjusted returns?

VGT currently has the higher Sharpe Ratio (2.95 vs 2.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.