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GOAT vs. QUAL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GOAT and QUAL is 0.83, 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.


-0.50.00.51.00.8

Performance

GOAT vs. QUAL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Morningstar Global Wide Moat ETF (GOAT) and iShares Edge MSCI USA Quality Factor ETF (QUAL). The values are adjusted to include any dividend payments, if applicable.

40.00%60.00%80.00%100.00%120.00%140.00%JulyAugustSeptemberOctoberNovemberDecember
44.62%
135.57%
GOAT
QUAL

Key characteristics

Returns By Period


GOAT

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

QUAL

YTD

23.21%

1M

-0.51%

6M

4.92%

1Y

23.49%

5Y*

13.79%

10Y*

12.90%

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GOAT vs. QUAL - Expense Ratio Comparison

GOAT has a 0.52% expense ratio, which is higher than QUAL's 0.15% expense ratio.


GOAT
VanEck Morningstar Global Wide Moat ETF
Expense ratio chart for GOAT: current value at 0.52% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.52%
Expense ratio chart for QUAL: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Risk-Adjusted Performance

GOAT vs. QUAL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Global Wide Moat ETF (GOAT) and iShares Edge MSCI USA Quality Factor ETF (QUAL). 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.


Sharpe ratio
The chart of Sharpe ratio for GOAT, currently valued at 0.73, compared to the broader market0.002.004.000.731.92
The chart of Sortino ratio for GOAT, currently valued at 1.15, compared to the broader market-2.000.002.004.006.008.0010.001.152.66
The chart of Omega ratio for GOAT, currently valued at 1.48, compared to the broader market0.501.001.502.002.503.001.481.35
The chart of Calmar ratio for GOAT, currently valued at 0.15, compared to the broader market0.005.0010.0015.000.153.22
The chart of Martin ratio for GOAT, currently valued at 6.07, compared to the broader market0.0020.0040.0060.0080.00100.006.0711.82
GOAT
QUAL


Rolling 12-month Sharpe Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.73
1.92
GOAT
QUAL

Dividends

GOAT vs. QUAL - Dividend Comparison

GOAT has not paid dividends to shareholders, while QUAL's dividend yield for the trailing twelve months is around 1.06%.


TTM20232022202120202019201820172016201520142013
GOAT
VanEck Morningstar Global Wide Moat ETF
0.00%1.86%3.64%5.66%2.96%2.35%0.45%0.00%0.00%0.00%0.00%0.00%
QUAL
iShares Edge MSCI USA Quality Factor ETF
1.06%1.23%1.59%1.20%1.39%1.60%2.00%1.76%1.96%1.63%1.35%0.63%

Drawdowns

GOAT vs. QUAL - Drawdown Comparison


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-14.14%
-3.68%
GOAT
QUAL

Volatility

GOAT vs. QUAL - Volatility Comparison

The current volatility for VanEck Morningstar Global Wide Moat ETF (GOAT) is 0.00%, while iShares Edge MSCI USA Quality Factor ETF (QUAL) has a volatility of 3.45%. This indicates that GOAT experiences smaller price fluctuations and is considered to be less risky than QUAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember0
3.45%
GOAT
QUAL
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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