CHMI vs. VGT
Compare and contrast key facts about Cherry Hill Mortgage Investment Corporation (CHMI) 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: CHMI or VGT.
Key characteristics
CHMI | VGT | |
---|---|---|
YTD Return | -10.16% | 1.35% |
1Y Return | -23.25% | 29.63% |
3Y Return (Ann) | -18.68% | 9.97% |
5Y Return (Ann) | -16.81% | 19.16% |
10Y Return (Ann) | -4.50% | 19.73% |
Sharpe Ratio | -0.75 | 1.54 |
Daily Std Dev | 34.98% | 18.28% |
Max Drawdown | -82.38% | -54.63% |
Current Drawdown | -62.71% | -7.47% |
Correlation
The correlation between CHMI and VGT is 0.28, 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
CHMI vs. VGT - Performance Comparison
In the year-to-date period, CHMI achieves a -10.16% return, which is significantly lower than VGT's 1.35% return. Over the past 10 years, CHMI has underperformed VGT with an annualized return of -4.50%, while VGT has yielded a comparatively higher 19.73% 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
CHMI vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cherry Hill Mortgage Investment Corporation (CHMI) 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
CHMI vs. VGT - Dividend Comparison
CHMI's dividend yield for the trailing twelve months is around 17.24%, more than VGT's 0.74% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Cherry Hill Mortgage Investment Corporation | 17.24% | 17.82% | 18.62% | 13.06% | 11.05% | 12.20% | 11.96% | 10.80% | 11.44% | 14.98% | 10.80% | 2.49% |
Vanguard Information Technology ETF | 0.74% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
CHMI vs. VGT - Drawdown Comparison
The maximum CHMI drawdown since its inception was -82.38%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for CHMI and VGT. For additional features, visit the drawdowns tool.
Volatility
CHMI vs. VGT - Volatility Comparison
Cherry Hill Mortgage Investment Corporation (CHMI) has a higher volatility of 8.53% compared to Vanguard Information Technology ETF (VGT) at 6.32%. This indicates that CHMI'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.