DRGTX vs. IGV
Compare and contrast key facts about Virtus Technology Fund (DRGTX) and iShares Expanded Tech-Software Sector ET (IGV).
DRGTX is managed by Allianz Global Investors. It was launched on Dec 26, 1995. IGV is a passively managed fund by iShares that tracks the performance of the S&P North American Technology-Software Index. It was launched on Jul 10, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DRGTX or IGV.
Key characteristics
| DRGTX | IGV | |
|---|---|---|
| YTD Return | 28.29% | 20.44% |
| 1Y Return | 42.75% | 37.21% |
| 3Y Return (Ann) | -8.99% | 3.66% |
| 5Y Return (Ann) | 3.50% | 18.12% |
| 10Y Return (Ann) | 2.05% | 19.51% |
| Sharpe Ratio | 1.94 | 1.97 |
| Sortino Ratio | 2.50 | 2.49 |
| Omega Ratio | 1.35 | 1.35 |
| Calmar Ratio | 0.92 | 1.97 |
| Martin Ratio | 9.32 | 8.52 |
| Ulcer Index | 4.84% | 4.69% |
| Daily Std Dev | 23.21% | 20.34% |
| Max Drawdown | -83.33% | -92.69% |
| Current Drawdown | -26.40% | 0.00% |
Correlation
The correlation between DRGTX and IGV is 0.87, 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
DRGTX vs. IGV - Performance Comparison
In the year-to-date period, DRGTX achieves a 28.29% return, which is significantly higher than IGV's 20.44% return. Over the past 10 years, DRGTX has underperformed IGV with an annualized return of 2.05%, while IGV has yielded a comparatively higher 19.51% 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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DRGTX vs. IGV - Expense Ratio Comparison
DRGTX has a 1.16% expense ratio, which is higher than IGV's 0.46% expense ratio.
Risk-Adjusted Performance
DRGTX vs. IGV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Technology Fund (DRGTX) and iShares Expanded Tech-Software Sector ET (IGV). 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
DRGTX vs. IGV - Dividend Comparison
DRGTX has not paid dividends to shareholders, while IGV's dividend yield for the trailing twelve months is around 0.34%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRGTX Virtus Technology Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IGV iShares Expanded Tech-Software Sector ET | 0.34% | 0.41% | 0.01% | 0.00% | 0.35% | 0.02% | 0.16% | 0.09% | 0.82% | 0.22% | 0.29% | 0.33% |
Drawdowns
DRGTX vs. IGV - Drawdown Comparison
The maximum DRGTX drawdown since its inception was -83.33%, smaller than the maximum IGV drawdown of -92.69%. Use the drawdown chart below to compare losses from any high point for DRGTX and IGV. For additional features, visit the drawdowns tool.
Volatility
DRGTX vs. IGV - Volatility Comparison
Virtus Technology Fund (DRGTX) and iShares Expanded Tech-Software Sector ET (IGV) have volatilities of 5.74% and 6.03%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.