BTEC vs. VNQ
Compare and contrast key facts about Principal Healthcare Innovators Index ETF (BTEC) and Vanguard Real Estate ETF (VNQ).
BTEC and VNQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BTEC is a passively managed fund by Principal that tracks the performance of the NASDAQ U.S. Health Care Innovators Index. It was launched on Aug 19, 2016. VNQ is a passively managed fund by Vanguard that tracks the performance of the MSCI US REIT Index. It was launched on Sep 23, 2004. Both BTEC and VNQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTEC or VNQ.
Key characteristics
| BTEC | VNQ | |
|---|---|---|
| YTD Return | -1.19% | -9.10% |
| 1Y Return | 3.96% | 2.15% |
| 3Y Return (Ann) | -15.50% | -3.53% |
| 5Y Return (Ann) | 1.85% | 1.82% |
| Sharpe Ratio | 0.06 | 0.02 |
| Daily Std Dev | 26.76% | 18.85% |
| Max Drawdown | -62.91% | -73.07% |
| Current Drawdown | -48.80% | -25.02% |
Correlation
The correlation between BTEC and VNQ is 0.37, 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
BTEC vs. VNQ - Performance Comparison
In the year-to-date period, BTEC achieves a -1.19% return, which is significantly higher than VNQ's -9.10% 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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BTEC vs. VNQ - Expense Ratio Comparison
BTEC has a 0.42% expense ratio, which is higher than VNQ's 0.12% expense ratio.
Risk-Adjusted Performance
BTEC vs. VNQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Healthcare Innovators Index ETF (BTEC) and Vanguard Real Estate ETF (VNQ). 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
BTEC vs. VNQ - Dividend Comparison
BTEC has not paid dividends to shareholders, while VNQ's dividend yield for the trailing twelve months is around 4.34%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTEC Principal Healthcare Innovators Index ETF | 0.00% | 0.00% | 0.00% | 0.96% | 0.37% | 0.00% | 0.00% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% |
VNQ Vanguard Real Estate ETF | 4.34% | 3.95% | 3.91% | 2.56% | 3.93% | 3.39% | 4.74% | 4.23% | 4.82% | 3.92% | 3.60% | 4.32% |
Drawdowns
BTEC vs. VNQ - Drawdown Comparison
The maximum BTEC drawdown since its inception was -62.91%, smaller than the maximum VNQ drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for BTEC and VNQ. For additional features, visit the drawdowns tool.
Volatility
BTEC vs. VNQ - Volatility Comparison
Principal Healthcare Innovators Index ETF (BTEC) has a higher volatility of 8.29% compared to Vanguard Real Estate ETF (VNQ) at 5.91%. This indicates that BTEC's price experiences larger fluctuations and is considered to be riskier than VNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.