DNOW vs. VIG

Last updated Jun 4, 2026

DNOW (NOW Inc.) is a stock, while VIG (Vanguard Dividend Appreciation ETF) is Dividend fund tracking the S&P U.S. Dividend Growers Index. Over the past 10 years, DNOW returned -2.87%/yr vs 13.23%/yr for VIG. At a 0.40 correlation, their price movements are largely independent.

Performance

DNOW vs. VIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NOW Inc. (DNOW) and Vanguard Dividend Appreciation ETF (VIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DNOW achieves a -0.15% return, which is significantly lower than VIG's 7.57% return. Over the past 10 years, DNOW has underperformed VIG with an annualized return of -2.87%, while VIG has yielded a comparatively higher 13.23% annualized return.

DNOW

• 1D: -0.53%
• 1M: -1.42%
• YTD: -0.15%
• 6M: -6.70%
• 1Y: -10.18%
• 3Y*: 11.17%
• 5Y*: 3.55%
• 10Y*: -2.87%

VIG

• 1D: -0.19%
• 1M: 3.79%
• YTD: 7.57%
• 6M: 6.99%
• 1Y: 19.63%
• 3Y*: 16.49%
• 5Y*: 10.62%
• 10Y*: 13.23%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DNOW vs. VIG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DNOW NOW Inc.	-0.15%	1.84%	14.93%	-10.87%	48.71%	18.94%	-36.12%	-3.44%	5.53%	-46.12%
VIG Vanguard Dividend Appreciation ETF	7.57%	14.17%	16.99%	14.51%	-9.80%	23.76%	15.43%	29.62%	-2.08%	22.22%

Correlation

The correlation between DNOW and VIG is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (10Y) Calculated over the trailing 10-year period	0.42
Correlation (All Time) Calculated using the full available price history since May 21, 2014	0.40

The correlation between DNOW and VIG shifts across timeframes, from 0.31 (1 year) to 0.42 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

DNOW vs. VIG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DNOW

DNOW Risk / Return Rank: 30
DNOW Sharpe Ratio Rank: 31
DNOW Sortino Ratio Rank: 29
DNOW Omega Ratio Rank: 28
DNOW Calmar Ratio Rank: 31
DNOW Martin Ratio Rank: 30

VIG

VIG Risk / Return Rank: 56
VIG Sharpe Ratio Rank: 57
VIG Sortino Ratio Rank: 60
VIG Omega Ratio Rank: 56
VIG Calmar Ratio Rank: 50
VIG Martin Ratio Rank: 56

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DNOW vs. VIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NOW Inc. (DNOW) and Vanguard Dividend Appreciation ETF (VIG). 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.

	DNOW	VIG	Difference
Sharpe ratio: Return per unit of total volatility	-0.25	1.97	-2.22
Sortino ratio: Return per unit of downside risk	-0.06	2.88	-2.94
Omega ratio: Gain probability vs. loss probability	0.99	1.35	-0.36
Calmar ratio: Return relative to maximum drawdown	-0.30	2.49	-2.79
Martin ratio: Return relative to average drawdown	-0.61	10.06	-10.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DNOW vs. VIG - Sharpe Ratio Comparison

The current DNOW Sharpe Ratio is -0.25, which is lower than the VIG Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of DNOW and VIG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DNOW	VIG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.25	1.97	-2.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.08	0.75	-0.67
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.06	0.83	-0.89
Sharpe Ratio (All Time) Calculated using the full available price history	-0.14	0.60	-0.74

Drawdowns

DNOW vs. VIG - Drawdown Comparison

The maximum DNOW drawdown since its inception was -89.06%, which is greater than VIG's maximum drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for DNOW and VIG.

Drawdown Indicators

	DNOW	VIG	Difference
Max Drawdown Largest peak-to-trough decline	-89.06%	-46.81%	-42.25%
Max Drawdown (1Y) Largest decline over 1 year	-34.08%	-7.91%	-26.17%
Max Drawdown (3Y) Largest decline over 3 years	-36.78%	-14.95%	-21.83%
Max Drawdown (5Y) Largest decline over 5 years	-39.36%	-20.39%	-18.97%
Max Drawdown (10Y) Largest decline over 10 years	-82.46%	-31.72%	-50.74%
Current Drawdown Current decline from peak	-64.43%	-0.19%	-64.24%
Average Drawdown Average peak-to-trough decline	-61.61%	-5.51%	-56.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.81%	1.96%	+14.85%

Volatility

DNOW vs. VIG - Volatility Comparison

NOW Inc. (DNOW) has a higher volatility of 7.85% compared to Vanguard Dividend Appreciation ETF (VIG) at 2.19%. This indicates that DNOW's price experiences larger fluctuations and is considered to be riskier than VIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DNOW	VIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.85%	2.19%	+5.66%
Volatility (6M) Calculated over the trailing 6-month period	31.79%	7.57%	+24.22%
Volatility (1Y) Calculated over the trailing 1-year period	41.03%	10.01%	+31.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.71%	14.23%	+29.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.53%	16.05%	+32.48%

Dividends

DNOW vs. VIG - Dividend Comparison

DNOW has not paid dividends to shareholders, while VIG's dividend yield for the trailing twelve months is around 1.47%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DNOW NOW 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%
VIG Vanguard Dividend Appreciation ETF	1.47%	1.62%	1.73%	1.88%	1.96%	1.55%	1.63%	1.71%	2.08%	1.88%	2.14%	2.34%

Frequently Asked Questions

Can I hold both DNOW and VIG in my portfolio?

DNOW and VIG have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DNOW or VIG?

DNOW has higher volatility (7.85%) compared to VIG (2.19%). In terms of maximum drawdown, DNOW dropped -89.06% vs VIG's -46.81%.

Which has better risk-adjusted returns?

VIG currently has the higher Sharpe Ratio (1.97 vs -0.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.