CAAA vs. VPLS
Compare and contrast key facts about First Trust Commercial Mortgage Opportunities ETF (CAAA) and Vanguard Core-Plus Bond ETF (VPLS).
CAAA and VPLS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CAAA is an actively managed fund by First Trust. It was launched on Feb 26, 2024. VPLS is an actively managed fund by Vanguard. It was launched on Dec 7, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CAAA or VPLS.
Correlation
The correlation between CAAA and VPLS is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CAAA vs. VPLS - Performance Comparison
Key characteristics
CAAA:
2.12
VPLS:
1.53
CAAA:
3.11
VPLS:
2.22
CAAA:
1.41
VPLS:
1.27
CAAA:
3.14
VPLS:
1.78
CAAA:
8.44
VPLS:
4.49
CAAA:
0.83%
VPLS:
1.65%
CAAA:
3.31%
VPLS:
4.86%
CAAA:
-2.24%
VPLS:
-4.17%
CAAA:
-1.04%
VPLS:
-1.63%
Returns By Period
In the year-to-date period, CAAA achieves a 2.00% return, which is significantly higher than VPLS's 1.85% return.
CAAA
2.00%
-0.03%
1.88%
7.16%
N/A
N/A
VPLS
1.85%
-0.91%
0.24%
7.19%
N/A
N/A
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CAAA vs. VPLS - Expense Ratio Comparison
CAAA has a 0.55% expense ratio, which is higher than VPLS's 0.20% expense ratio.
Risk-Adjusted Performance
CAAA vs. VPLS — Risk-Adjusted Performance Rank
CAAA
VPLS
CAAA vs. VPLS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Commercial Mortgage Opportunities ETF (CAAA) and Vanguard Core-Plus Bond ETF (VPLS). 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
CAAA vs. VPLS - Dividend Comparison
CAAA's dividend yield for the trailing twelve months is around 5.64%, more than VPLS's 4.55% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
CAAA First Trust Commercial Mortgage Opportunities ETF | 5.64% | 4.02% | 0.00% |
VPLS Vanguard Core-Plus Bond ETF | 4.55% | 4.52% | 0.18% |
Drawdowns
CAAA vs. VPLS - Drawdown Comparison
The maximum CAAA drawdown since its inception was -2.24%, smaller than the maximum VPLS drawdown of -4.17%. Use the drawdown chart below to compare losses from any high point for CAAA and VPLS. For additional features, visit the drawdowns tool.
Volatility
CAAA vs. VPLS - Volatility Comparison
The current volatility for First Trust Commercial Mortgage Opportunities ETF (CAAA) is 1.48%, while Vanguard Core-Plus Bond ETF (VPLS) has a volatility of 2.11%. This indicates that CAAA experiences smaller price fluctuations and is considered to be less risky than VPLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.