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.
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
Key characteristics
DRGTX:
-0.06
IGV:
0.26
DRGTX:
0.13
IGV:
0.56
DRGTX:
1.02
IGV:
1.07
DRGTX:
-0.05
IGV:
0.27
DRGTX:
-0.23
IGV:
0.91
DRGTX:
8.70%
IGV:
8.05%
DRGTX:
32.06%
IGV:
27.61%
DRGTX:
-83.33%
IGV:
-62.18%
DRGTX:
-37.39%
IGV:
-21.32%
Returns By Period
In the year-to-date period, DRGTX achieves a -19.56% return, which is significantly lower than IGV's -13.51% return. Over the past 10 years, DRGTX has underperformed IGV with an annualized return of 1.53%, while IGV has yielded a comparatively higher 16.32% annualized return.
DRGTX
-19.56%
-10.11%
-15.27%
0.25%
1.54%
1.53%
IGV
-13.51%
-6.84%
-6.20%
8.92%
13.16%
16.32%
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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 Rank
DRGTX
IGV
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
Neither DRGTX nor IGV has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 0.00% | 0.00% | 0.41% | 0.01% | 0.00% | 0.35% | 0.02% | 0.16% | 0.09% | 0.82% | 0.22% | 0.29% |
Drawdowns
DRGTX vs. IGV - Drawdown Comparison
The maximum DRGTX drawdown since its inception was -83.33%, which is greater than IGV's maximum drawdown of -62.18%. 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) has a higher volatility of 19.69% compared to iShares Expanded Tech-Software Sector ET (IGV) at 15.93%. This indicates that DRGTX's price experiences larger fluctuations and is considered to be riskier than IGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.