EDOW vs. VUG

Last updated Jun 4, 2026

EDOW (First Trust Dow 30 Equal Weight ETF) and VUG (Vanguard Growth ETF) are both exchange-traded funds - EDOW is a Large Cap Blend Equities fund tracking the Dow Jones Industrail Average Equal Weight TR, while VUG is a Large Cap Growth Equities fund tracking the CRSP US Large Cap Growth Index. Both are passively managed. Over the past 5 years, EDOW returned 8.89%/yr vs 15.11%/yr for VUG. A 0.69 correlation means they provide meaningful diversification when combined. EDOW charges 0.50%/yr vs 0.03%/yr for VUG.

Performance

EDOW vs. VUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Dow 30 Equal Weight ETF (EDOW) and Vanguard Growth ETF (VUG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EDOW achieves a 5.68% return, which is significantly lower than VUG's 9.49% return.

EDOW

• 1D: -1.18%
• 1M: 3.18%
• YTD: 5.68%
• 6M: 5.68%
• 1Y: 18.49%
• 3Y*: 15.49%
• 5Y*: 8.89%
• 10Y*: —

VUG

• 1D: -1.23%
• 1M: 6.22%
• YTD: 9.49%
• 6M: 8.72%
• 1Y: 27.84%
• 3Y*: 25.93%
• 5Y*: 15.11%
• 10Y*: 18.26%

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

EDOW vs. VUG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EDOW First Trust Dow 30 Equal Weight ETF	5.68%	15.46%	13.17%	15.47%	-7.45%	18.82%	6.64%	24.69%	-2.04%	11.90%
VUG Vanguard Growth ETF	9.49%	19.40%	32.69%	46.83%	-33.16%	27.35%	40.25%	37.03%	-3.32%	8.59%

Correlation

The correlation between EDOW and VUG is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (All Time) Calculated using the full available price history since Aug 10, 2017	0.69

The correlation between EDOW and VUG shifts across timeframes, from 0.56 (1 year) to 0.70 (5 years), reflecting how their relationship changes across market environments.

EDOW vs. VUG - Sectors Allocation Comparison

Sectors	EDOW	VUG
Technology	20.0%	53.5%
Financial Services	17.5%	4.3%
Industrials	13.6%	3.6%
Healthcare	13.4%	4.6%
Consumer Cyclical	12.7%	12.2%
Consumer Defensive	9.9%	1.5%
Communication Services	6.5%	17.3%
Energy	3.3%	0.4%
Basic Materials	3.3%	0.6%
Real Estate	-	1.0%
Utilities	-	0.9%

Return for Risk

EDOW vs. VUG — Risk / Return Rank

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

EDOW

EDOW Risk / Return Rank: 48
EDOW Sharpe Ratio Rank: 50
EDOW Sortino Ratio Rank: 52
EDOW Omega Ratio Rank: 48
EDOW Calmar Ratio Rank: 43
EDOW Martin Ratio Rank: 47

VUG

VUG Risk / Return Rank: 43
VUG Sharpe Ratio Rank: 50
VUG Sortino Ratio Rank: 47
VUG Omega Ratio Rank: 48
VUG Calmar Ratio Rank: 33
VUG Martin Ratio Rank: 37

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.

EDOW vs. VUG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Dow 30 Equal Weight ETF (EDOW) and Vanguard Growth ETF (VUG). 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.

	EDOW	VUG	Difference
Sharpe ratio: Return per unit of total volatility	1.74	1.77	-0.03
Sortino ratio: Return per unit of downside risk	2.57	2.40	+0.17
Omega ratio: Gain probability vs. loss probability	1.30	1.31	0.00
Calmar ratio: Return relative to maximum drawdown	2.13	1.69	+0.43
Martin ratio: Return relative to average drawdown	7.89	5.92	+1.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EDOW vs. VUG - Sharpe Ratio Comparison

The current EDOW Sharpe Ratio is 1.74, which is comparable to the VUG Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of EDOW and VUG, 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

	EDOW	VUG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.74	1.77	-0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.68	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.62	+0.02

Drawdowns

EDOW vs. VUG - Drawdown Comparison

The maximum EDOW drawdown since its inception was -33.72%, smaller than the maximum VUG drawdown of -50.68%. Use the drawdown chart below to compare losses from any high point for EDOW and VUG.

Drawdown Indicators

	EDOW	VUG	Difference
Max Drawdown Largest peak-to-trough decline	-33.72%	-50.68%	+16.96%
Max Drawdown (1Y) Largest decline over 1 year	-8.73%	-16.53%	+7.80%
Max Drawdown (3Y) Largest decline over 3 years	-15.51%	-22.85%	+7.34%
Max Drawdown (5Y) Largest decline over 5 years	-21.98%	-35.61%	+13.63%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.61%	—
Current Drawdown Current decline from peak	-1.18%	-1.51%	+0.33%
Average Drawdown Average peak-to-trough decline	-4.08%	-7.09%	+3.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.35%	4.71%	-2.36%

Volatility

EDOW vs. VUG - Volatility Comparison

The current volatility for First Trust Dow 30 Equal Weight ETF (EDOW) is 2.74%, while Vanguard Growth ETF (VUG) has a volatility of 3.83%. This indicates that EDOW experiences smaller price fluctuations and is considered to be less risky than VUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EDOW	VUG	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.74%	3.83%	-1.09%
Volatility (6M) Calculated over the trailing 6-month period	7.92%	12.11%	-4.19%
Volatility (1Y) Calculated over the trailing 1-year period	10.68%	15.84%	-5.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.21%	22.22%	-8.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.74%	21.44%	-3.70%

EDOW vs. VUG - Expense Ratio Comparison

EDOW has a 0.50% expense ratio, which is higher than VUG's 0.03% expense ratio.

Dividends

EDOW vs. VUG - Dividend Comparison

EDOW's dividend yield for the trailing twelve months is around 1.24%, more than VUG's 0.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EDOW First Trust Dow 30 Equal Weight ETF	1.24%	1.31%	1.65%	1.93%	1.91%	1.52%	1.84%	1.88%	1.82%	0.75%	0.00%	0.00%
VUG Vanguard Growth ETF	0.37%	0.41%	0.47%	0.58%	0.70%	0.48%	0.66%	0.95%	1.32%	1.14%	1.39%	1.30%

Frequently Asked Questions

Can I hold both EDOW and VUG in my portfolio?

EDOW and VUG have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EDOW or VUG?

VUG has higher volatility (3.83%) compared to EDOW (2.74%). In terms of maximum drawdown, EDOW dropped -33.72% vs VUG's -50.68%.

Which ETF is better, EDOW or VUG?

On 5-year performance, VUG leads with 15.11% vs 8.89% for EDOW. On fees, VUG is cheaper at 0.03% per year. On volatility, EDOW has been the lower-risk option at 2.74%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EDOW or VUG?

Over the 5-year period, VUG has performed better with a 15.11% return vs 8.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EDOW or VUG?

VUG is cheaper with a 0.03% expense ratio, compared with 0.50% for EDOW.

Which ETF pays a higher dividend yield, EDOW or VUG?

EDOW has the higher dividend yield at 1.24%, compared with 0.37% for VUG.

What is the main difference between EDOW and VUG?

EDOW is categorized as Large Cap Blend Equities, while VUG is Large Cap Growth Equities. EDOW tracks Dow Jones Industrail Average Equal Weight TR, while VUG tracks CRSP US Large Cap Growth Index. They also come from different issuers: First Trust and Vanguard. Their fees differ too: 0.50% for EDOW and 0.03% for VUG.

Which has better risk-adjusted returns?

VUG currently has the higher Sharpe Ratio (1.77 vs 1.74), 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.