GOVI vs. VGT
GOVI (Invesco Equal Weight 0-30 Year Treasury ETF) and VGT (Vanguard Information Technology ETF) are both exchange-traded funds - GOVI is a Government Bonds fund tracking the ICE 1-30 Year Laddered Maturity U.S. Treasury Index, while VGT is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. Both are passively managed. Over the past 10 years, GOVI returned -0.18%/yr vs 25.49%/yr for VGT. At a correlation of -0.22, they often move in opposite directions. GOVI charges 0.15%/yr vs 0.09%/yr for VGT.
Performance
GOVI vs. VGT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GOVI achieves a 0.12% return, which is significantly lower than VGT's 23.32% return. Over the past 10 years, GOVI has underperformed VGT with an annualized return of -0.18%, while VGT has yielded a comparatively higher 25.49% annualized return.
GOVI
- 1D
- 0.22%
- 1M
- 1.38%
- YTD
- 0.12%
- 6M
- 0.10%
- 1Y
- 3.50%
- 3Y*
- 0.96%
- 5Y*
- -2.89%
- 10Y*
- -0.18%
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%
GOVI vs. VGT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GOVI Invesco Equal Weight 0-30 Year Treasury ETF | 0.12% | 5.84% | -2.95% | 3.31% | -19.98% | -3.76% | 12.55% | 10.00% | -0.28% | 4.96% |
VGT Vanguard Information Technology ETF | 23.32% | 21.77% | 29.30% | 52.66% | -29.70% | 30.45% | 46.04% | 48.62% | 2.46% | 37.08% |
Correlation
The correlation between GOVI and VGT is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.05 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2007 | -0.22 |
The correlation between GOVI and VGT shifts across timeframes, from -0.22 (all time) to 0.14 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GOVI vs. VGT — Risk / Return Rank
GOVI
VGT
GOVI vs. VGT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Equal Weight 0-30 Year Treasury ETF (GOVI) 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.
| GOVI | VGT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.53 | ||
| Sortino ratioReturn per unit of downside risk | -1.77 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.35 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | 2.87 | -2.22 |
| Martin ratioReturn relative to average drawdown | 1.69 | 8.76 | -7.07 |
Loading charts...
Drawdowns
GOVI vs. VGT - Drawdown Comparison
The maximum GOVI drawdown since its inception was -32.70%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for GOVI and VGT.
Loading charts...
Drawdown Indicators
| GOVI | VGT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.70% | -54.63% | +21.93% |
Max Drawdown (1Y)Largest decline over 1 year | -5.45% | -16.40% | +10.95% |
Max Drawdown (3Y)Largest decline over 3 years | -11.58% | -27.23% | +15.65% |
Max Drawdown (5Y)Largest decline over 5 years | -28.30% | -35.07% | +6.77% |
Max Drawdown (10Y)Largest decline over 10 years | -32.70% | -35.07% | +2.37% |
Current DrawdownCurrent decline from peak | -21.86% | -7.71% | -14.15% |
Average DrawdownAverage peak-to-trough decline | -9.68% | -7.95% | -1.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 5.36% | -3.29% |
Volatility
GOVI vs. VGT - Volatility Comparison
The current volatility for Invesco Equal Weight 0-30 Year Treasury ETF (GOVI) is 1.62%, while Vanguard Information Technology ETF (VGT) has a volatility of 11.39%. This indicates that GOVI 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.
Loading charts...
Volatility by Period
| GOVI | VGT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.62% | 11.39% | -9.77% |
Volatility (6M)Calculated over the trailing 6-month period | 4.67% | 18.58% | -13.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.42% | 22.72% | -16.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.85% | 25.55% | -15.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.09% | 24.77% | -15.68% |
GOVI vs. VGT - Expense Ratio Comparison
GOVI has a 0.15% expense ratio, which is higher than VGT's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
GOVI vs. VGT - Dividend Comparison
GOVI's dividend yield for the trailing twelve months is around 3.82%, more than VGT's 0.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOVI Invesco Equal Weight 0-30 Year Treasury ETF | 3.82% | 3.75% | 3.56% | 2.87% | 1.97% | 1.15% | 1.00% | 1.96% | 2.14% | 2.02% | 2.00% | 2.14% |
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
GOVI and VGT have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VGT has higher volatility (11.39%) compared to GOVI (1.62%). In terms of maximum drawdown, GOVI dropped -32.70% vs VGT's -54.63%.
On 10-year performance, VGT leads with 25.49% vs -0.18% for GOVI. On fees, VGT is cheaper at 0.09% per year. On volatility, GOVI has been the lower-risk option at 1.62%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, VGT has performed better with a 25.49% return vs -0.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VGT is cheaper with a 0.09% expense ratio, compared with 0.15% for GOVI.
GOVI has the higher dividend yield at 3.82%, compared with 0.33% for VGT.
GOVI is categorized as Government Bonds, while VGT is Technology Equities. GOVI tracks ICE 1-30 Year Laddered Maturity U.S. Treasury Index, while VGT tracks MSCI USA IMI Information Technology 25/50 Index. They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.15% for GOVI and 0.09% for VGT.
VGT currently has the higher Sharpe Ratio (2.07 vs 0.55), 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.
Find the right allocation for GOVI and VGT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer