GFL vs. VGT
Compare and contrast key facts about GFL Environmental Inc. (GFL) and Vanguard Information Technology ETF (VGT).
VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GFL or VGT.
Key characteristics
GFL | VGT | |
---|---|---|
YTD Return | -5.26% | 6.75% |
1Y Return | -12.49% | 35.34% |
3Y Return (Ann) | 0.23% | 12.33% |
Sharpe Ratio | -0.39 | 1.88 |
Daily Std Dev | 26.53% | 18.32% |
Max Drawdown | -42.59% | -54.63% |
Current Drawdown | -21.47% | -2.55% |
Correlation
The correlation between GFL and VGT is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GFL vs. VGT - Performance Comparison
In the year-to-date period, GFL achieves a -5.26% return, which is significantly lower than VGT's 6.75% 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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Risk-Adjusted Performance
GFL vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GFL Environmental Inc. (GFL) 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.
Dividends
GFL vs. VGT - Dividend Comparison
GFL's dividend yield for the trailing twelve months is around 0.16%, less than VGT's 0.70% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
GFL Environmental Inc. | 0.16% | 0.15% | 0.50% | 0.11% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Vanguard Information Technology ETF | 0.70% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
GFL vs. VGT - Drawdown Comparison
The maximum GFL drawdown since its inception was -42.59%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for GFL and VGT. For additional features, visit the drawdowns tool.
Volatility
GFL vs. VGT - Volatility Comparison
GFL Environmental Inc. (GFL) has a higher volatility of 8.02% compared to Vanguard Information Technology ETF (VGT) at 7.01%. This indicates that GFL's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.