AXL vs. VGT
Compare and contrast key facts about American Axle & Manufacturing Holdings, Inc. (AXL) 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: AXL or VGT.
Correlation
The correlation between AXL and VGT is 0.46, 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.
Performance
AXL vs. VGT - Performance Comparison
Key characteristics
AXL:
-0.73
VGT:
1.16
AXL:
-0.95
VGT:
1.60
AXL:
0.89
VGT:
1.21
AXL:
-0.36
VGT:
1.70
AXL:
-1.42
VGT:
5.91
AXL:
22.19%
VGT:
4.39%
AXL:
42.98%
VGT:
22.33%
AXL:
-99.21%
VGT:
-54.63%
AXL:
-84.13%
VGT:
-0.55%
Returns By Period
In the year-to-date period, AXL achieves a 0.34% return, which is significantly lower than VGT's 3.52% return. Over the past 10 years, AXL has underperformed VGT with an annualized return of -13.74%, while VGT has yielded a comparatively higher 20.68% annualized return.
AXL
0.34%
-0.68%
-8.45%
-24.22%
-6.09%
-13.74%
VGT
3.52%
2.58%
10.89%
28.80%
20.51%
20.68%
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Risk-Adjusted Performance
AXL vs. VGT — Risk-Adjusted Performance Rank
AXL
VGT
AXL vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Axle & Manufacturing Holdings, Inc. (AXL) 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
AXL vs. VGT - Dividend Comparison
AXL has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.58%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXL American Axle & Manufacturing 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 | 0.58% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
Drawdowns
AXL vs. VGT - Drawdown Comparison
The maximum AXL drawdown since its inception was -99.21%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for AXL and VGT. For additional features, visit the drawdowns tool.
Volatility
AXL vs. VGT - Volatility Comparison
American Axle & Manufacturing Holdings, Inc. (AXL) has a higher volatility of 20.89% compared to Vanguard Information Technology ETF (VGT) at 7.66%. This indicates that AXL'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.