FINX vs. VONG
Compare and contrast key facts about Global X FinTech ETF (FINX) and Vanguard Russell 1000 Growth ETF (VONG).
FINX and VONG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FINX is a passively managed fund by Global X that tracks the performance of the Indxx Global FinTech Thematic Index. It was launched on Sep 12, 2016. VONG is a passively managed fund by Vanguard that tracks the performance of the Russell 1000 Growth Index. It was launched on Sep 20, 2010. Both FINX and VONG 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: FINX or VONG.
Key characteristics
| FINX | VONG | |
|---|---|---|
| YTD Return | 1.84% | 7.11% |
| 1Y Return | 27.21% | 33.93% |
| 3Y Return (Ann) | -16.79% | 8.39% |
| 5Y Return (Ann) | -0.64% | 16.60% |
| Sharpe Ratio | 1.10 | 2.24 |
| Daily Std Dev | 23.95% | 15.14% |
| Max Drawdown | -63.53% | -32.72% |
| Current Drawdown | -47.78% | -4.36% |
Correlation
The correlation between FINX and VONG is 0.80, 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
FINX vs. VONG - Performance Comparison
In the year-to-date period, FINX achieves a 1.84% return, which is significantly lower than VONG's 7.11% 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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FINX vs. VONG - Expense Ratio Comparison
FINX has a 0.68% expense ratio, which is higher than VONG's 0.08% expense ratio.
Risk-Adjusted Performance
FINX vs. VONG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X FinTech ETF (FINX) and Vanguard Russell 1000 Growth ETF (VONG). 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
FINX vs. VONG - Dividend Comparison
FINX's dividend yield for the trailing twelve months is around 0.21%, less than VONG's 0.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FINX Global X FinTech ETF | 0.21% | 0.21% | 0.27% | 5.40% | 0.00% | 0.00% | 0.17% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% |
VONG Vanguard Russell 1000 Growth ETF | 0.69% | 0.71% | 0.98% | 0.58% | 0.77% | 1.03% | 1.18% | 1.19% | 1.48% | 1.47% | 1.43% | 1.28% |
Drawdowns
FINX vs. VONG - Drawdown Comparison
The maximum FINX drawdown since its inception was -63.53%, which is greater than VONG's maximum drawdown of -32.72%. Use the drawdown chart below to compare losses from any high point for FINX and VONG. For additional features, visit the drawdowns tool.
Volatility
FINX vs. VONG - Volatility Comparison
Global X FinTech ETF (FINX) has a higher volatility of 6.60% compared to Vanguard Russell 1000 Growth ETF (VONG) at 4.58%. This indicates that FINX's price experiences larger fluctuations and is considered to be riskier than VONG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.