GDIV vs. VGT

Last updated Jun 24, 2026

GDIV (Harbor Dividend Growth Leaders ETF) and VGT (Vanguard Information Technology ETF) are both exchange-traded funds - GDIV is a Large Cap Blend Equities fund actively managed by Harbor, while VGT is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. GDIV is actively managed, while VGT is passively managed. Over the past 3 years, GDIV returned 16.54%/yr vs 30.13%/yr for VGT. A 0.76 correlation means they provide meaningful diversification when combined. GDIV charges 0.50%/yr vs 0.09%/yr for VGT.

Performance

GDIV vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Dividend Growth Leaders ETF (GDIV) and Vanguard Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GDIV achieves a 11.24% return, which is significantly lower than VGT's 23.32% return.

GDIV

• 1D: -0.67%
• 1M: 1.10%
• YTD: 11.24%
• 6M: 10.27%
• 1Y: 24.24%
• 3Y*: 16.54%
• 5Y*: —
• 10Y*: —

VGT

• 1D: -3.68%
• 1M: 0.28%
• YTD: 23.32%
• 6M: 21.50%
• 1Y: 46.82%
• 3Y*: 30.13%
• 5Y*: 19.51%
• 10Y*: 25.49%

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

GDIV vs. VGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GDIV Harbor Dividend Growth Leaders ETF	11.24%	10.81%	14.83%	16.45%	-1.01%
VGT Vanguard Information Technology ETF	23.32%	21.77%	29.30%	52.66%	-4.79%

Correlation

The correlation between GDIV and VGT is 0.66, 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	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (All Time) Calculated using the full available price history since May 23, 2022	0.76

The correlation between GDIV and VGT has been stable across timeframes, ranging from 0.66 to 0.76 - a consistent structural relationship.

GDIV vs. VGT - Sectors Allocation Comparison

Sectors	GDIV	VGT
Technology	19.2%	98.5%
Industrials	17.0%	0.4%
Financial Services	15.2%	0.5%
Healthcare	14.8%	0.0%
Consumer Defensive	7.4%	-
Consumer Cyclical	7.3%	0.1%
Energy	4.7%	0.3%
Utilities	3.7%	-
Basic Materials	1.6%	0.0%
Real Estate	1.3%	-
Communication Services	-	0.5%

Return for Risk

GDIV vs. VGT — Risk / Return Rank

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

GDIV

GDIV Risk / Return Rank: 64
GDIV Sharpe Ratio Rank: 67
GDIV Sortino Ratio Rank: 70
GDIV Omega Ratio Rank: 67
GDIV Calmar Ratio Rank: 55
GDIV Martin Ratio Rank: 62

VGT

VGT Risk / Return Rank: 58
VGT Sharpe Ratio Rank: 65
VGT Sortino Ratio Rank: 56
VGT Omega Ratio Rank: 58
VGT Calmar Ratio Rank: 60
VGT Martin Ratio Rank: 52

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.

GDIV vs. VGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Dividend Growth Leaders ETF (GDIV) and Vanguard Information Technology ETF (VGT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GDIV	VGT	Difference
Sharpe ratio: Return per unit of total volatility	2.04	2.07	-0.04
Sortino ratio: Return per unit of downside risk	2.94	2.61	+0.34
Omega ratio: Gain probability vs. loss probability	1.37	1.35	+0.03
Calmar ratio: Return relative to maximum drawdown	2.52	2.87	-0.35
Martin ratio: Return relative to average drawdown	10.46	8.76	+1.70

GDIV vs. VGT - Sharpe Ratio Comparison

The current GDIV Sharpe Ratio is 2.04, which is comparable to the VGT Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of GDIV and VGT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GDIV vs. VGT - Drawdown Comparison

The maximum GDIV drawdown since its inception was -18.93%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for GDIV and VGT.

Drawdown Indicators

	GDIV	VGT	Difference
Max Drawdown Largest peak-to-trough decline	-18.93%	-54.63%	+35.70%
Max Drawdown (1Y) Largest decline over 1 year	-9.67%	-16.40%	+6.73%
Max Drawdown (3Y) Largest decline over 3 years	-18.93%	-27.23%	+8.30%
Max Drawdown (5Y) Largest decline over 5 years	—	-35.07%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.07%	—
Current Drawdown Current decline from peak	-0.80%	-7.71%	+6.91%
Average Drawdown Average peak-to-trough decline	-3.14%	-7.95%	+4.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.32%	5.36%	-3.04%

Volatility

GDIV vs. VGT - Volatility Comparison

The current volatility for Harbor Dividend Growth Leaders ETF (GDIV) is 2.97%, while Vanguard Information Technology ETF (VGT) has a volatility of 11.39%. This indicates that GDIV experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GDIV	VGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.97%	11.39%	-8.42%
Volatility (6M) Calculated over the trailing 6-month period	9.38%	18.58%	-9.20%
Volatility (1Y) Calculated over the trailing 1-year period	12.04%	22.72%	-10.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.28%	25.55%	-10.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.28%	24.77%	-9.49%

GDIV vs. VGT - Expense Ratio Comparison

GDIV has a 0.50% expense ratio, which is higher than VGT's 0.09% expense ratio.

Dividends

GDIV vs. VGT - Dividend Comparison

GDIV's dividend yield for the trailing twelve months is around 1.13%, more than VGT's 0.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GDIV Harbor Dividend Growth Leaders ETF	1.13%	1.19%	1.30%	2.27%	5.88%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VGT Vanguard Information Technology ETF	0.33%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both GDIV and VGT in my portfolio?

GDIV and VGT have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GDIV or VGT?

VGT has higher volatility (11.39%) compared to GDIV (2.97%). In terms of maximum drawdown, GDIV dropped -18.93% vs VGT's -54.63%.

Which ETF is better, GDIV or VGT?

On 3-year performance, VGT leads with 30.13% vs 16.54% for GDIV. On fees, VGT is cheaper at 0.09% per year. On volatility, GDIV has been the lower-risk option at 2.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GDIV or VGT?

Over the 3-year period, VGT has performed better with a 30.13% return vs 16.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GDIV or VGT?

VGT is cheaper with a 0.09% expense ratio, compared with 0.50% for GDIV.

Which ETF pays a higher dividend yield, GDIV or VGT?

GDIV has the higher dividend yield at 1.13%, compared with 0.33% for VGT.

What is the main difference between GDIV and VGT?

GDIV is categorized as Large Cap Blend Equities, while VGT is Technology Equities. They also come from different issuers: Harbor and Vanguard. Their fees differ too: 0.50% for GDIV and 0.09% for VGT.

Which has better risk-adjusted returns?

VGT currently has the higher Sharpe Ratio (2.07 vs 2.04), 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.