GOVI vs. VGT
Compare and contrast key facts about Invesco Equal Weight 0-30 Years Treasury ETF (GOVI) and Vanguard Information Technology ETF (VGT).
GOVI and VGT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GOVI is a passively managed fund by Invesco that tracks the performance of the ICE BofA Laddered Maturity US Treasury (1-30 Y). It was launched on Oct 11, 2007. 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. Both GOVI and VGT 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: GOVI or VGT.
Correlation
The correlation between GOVI and VGT is -0.25. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
GOVI vs. VGT - Performance Comparison
Key characteristics
GOVI:
0.27
VGT:
1.20
GOVI:
0.44
VGT:
1.64
GOVI:
1.05
VGT:
1.22
GOVI:
0.08
VGT:
1.76
GOVI:
0.56
VGT:
6.09
GOVI:
4.29%
VGT:
4.39%
GOVI:
8.82%
VGT:
22.35%
GOVI:
-32.70%
VGT:
-54.63%
GOVI:
-25.03%
VGT:
-1.13%
Returns By Period
In the year-to-date period, GOVI achieves a 1.66% return, which is significantly lower than VGT's 2.91% return. Over the past 10 years, GOVI has underperformed VGT with an annualized return of 0.25%, while VGT has yielded a comparatively higher 20.74% annualized return.
GOVI
1.66%
2.15%
-3.53%
1.71%
-3.25%
0.25%
VGT
2.91%
2.64%
12.04%
25.19%
19.74%
20.74%
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GOVI vs. VGT - Expense Ratio Comparison
GOVI has a 0.15% expense ratio, which is higher than VGT's 0.10% 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%.
Risk-Adjusted Performance
GOVI vs. VGT — Risk-Adjusted Performance Rank
GOVI
VGT
GOVI vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Equal Weight 0-30 Years 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.
Dividends
GOVI vs. VGT - Dividend Comparison
GOVI's dividend yield for the trailing twelve months is around 3.56%, more than VGT's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOVI Invesco Equal Weight 0-30 Years Treasury ETF | 3.56% | 3.57% | 2.88% | 1.97% | 1.15% | 1.00% | 1.96% | 2.14% | 2.02% | 2.00% | 2.14% | 2.30% |
VGT Vanguard Information Technology ETF | 0.58% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
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. For additional features, visit the drawdowns tool.
Volatility
GOVI vs. VGT - Volatility Comparison
The current volatility for Invesco Equal Weight 0-30 Years Treasury ETF (GOVI) is 2.26%, while Vanguard Information Technology ETF (VGT) has a volatility of 7.83%. 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.