CTEC vs. VGT
Compare and contrast key facts about Global X CleanTech ETF (CTEC) and Vanguard Information Technology ETF (VGT).
CTEC and VGT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CTEC is a passively managed fund by Global X that tracks the performance of the Indxx Global CleanTech Index. It was launched on Oct 27, 2020. 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. Both CTEC and VGT 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: CTEC or VGT.
Correlation
The correlation between CTEC and VGT is 0.56, 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
CTEC vs. VGT - Performance Comparison
Key characteristics
CTEC:
-0.66
VGT:
1.34
CTEC:
-0.80
VGT:
1.82
CTEC:
0.91
VGT:
1.24
CTEC:
-0.30
VGT:
1.90
CTEC:
-1.22
VGT:
6.73
CTEC:
18.75%
VGT:
4.30%
CTEC:
34.64%
VGT:
21.68%
CTEC:
-76.50%
VGT:
-54.63%
CTEC:
-75.17%
VGT:
-4.49%
Returns By Period
In the year-to-date period, CTEC achieves a 3.32% return, which is significantly higher than VGT's -0.59% return.
CTEC
3.32%
0.57%
-15.49%
-20.00%
N/A
N/A
VGT
-0.59%
-3.89%
6.93%
29.69%
19.98%
21.08%
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CTEC vs. VGT - Expense Ratio Comparison
CTEC has a 0.50% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
CTEC vs. VGT — Risk-Adjusted Performance Rank
CTEC
VGT
CTEC vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X CleanTech ETF (CTEC) 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
CTEC vs. VGT - Dividend Comparison
CTEC's dividend yield for the trailing twelve months is around 1.50%, more than VGT's 0.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CTEC Global X CleanTech ETF | 1.50% | 1.55% | 0.51% | 0.25% | 0.40% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.60% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
Drawdowns
CTEC vs. VGT - Drawdown Comparison
The maximum CTEC drawdown since its inception was -76.50%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for CTEC and VGT. For additional features, visit the drawdowns tool.
Volatility
CTEC vs. VGT - Volatility Comparison
Global X CleanTech ETF (CTEC) has a higher volatility of 10.30% compared to Vanguard Information Technology ETF (VGT) at 6.78%. This indicates that CTEC'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.