GOAT vs. QUAL
Compare and contrast key facts about VanEck Morningstar Global Wide Moat ETF (GOAT) and iShares Edge MSCI USA Quality Factor ETF (QUAL).
GOAT and QUAL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GOAT is a passively managed fund by VanEck that tracks the performance of the Morningstar Global Wide Moat Focus Index. It was launched on Oct 30, 2018. QUAL is a passively managed fund by iShares that tracks the performance of the MSCI USA Quality Index. It was launched on Jul 16, 2013. Both GOAT and QUAL 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: GOAT or QUAL.
Key characteristics
| GOAT | QUAL |
|---|
Correlation
The correlation between GOAT and QUAL is 0.84, 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
GOAT vs. QUAL - Performance Comparison
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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GOAT vs. QUAL - Expense Ratio Comparison
GOAT has a 0.52% expense ratio, which is higher than QUAL's 0.15% expense ratio.
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.
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 0.98%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOAT VanEck Morningstar Global Wide Moat ETF | 1.85% | 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 | 0.98% | 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
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 3.40%. 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.