IGE vs. VNQ
Compare and contrast key facts about iShares North American Natural Resources ETF (IGE) and Vanguard Real Estate ETF (VNQ).
IGE and VNQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGE is a passively managed fund by iShares that tracks the performance of the S&P North American Natural Resources Sector Index. It was launched on Oct 26, 2001. VNQ is a passively managed fund by Vanguard that tracks the performance of the MSCI US REIT Index. It was launched on Sep 23, 2004. Both IGE and VNQ 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: IGE or VNQ.
Key characteristics
| IGE | VNQ | |
|---|---|---|
| YTD Return | 12.97% | -8.50% |
| 1Y Return | 19.83% | 1.56% |
| 3Y Return (Ann) | 20.96% | -2.98% |
| 5Y Return (Ann) | 11.75% | 2.16% |
| 10Y Return (Ann) | 2.80% | 5.11% |
| Sharpe Ratio | 1.20 | 0.20 |
| Daily Std Dev | 17.14% | 18.93% |
| Max Drawdown | -67.73% | -73.07% |
| Current Drawdown | -1.57% | -24.53% |
Correlation
The correlation between IGE and VNQ is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IGE vs. VNQ - Performance Comparison
In the year-to-date period, IGE achieves a 12.97% return, which is significantly higher than VNQ's -8.50% return. Over the past 10 years, IGE has underperformed VNQ with an annualized return of 2.80%, while VNQ has yielded a comparatively higher 5.11% annualized 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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IGE vs. VNQ - Expense Ratio Comparison
IGE has a 0.46% expense ratio, which is higher than VNQ's 0.12% expense ratio.
Risk-Adjusted Performance
IGE vs. VNQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares North American Natural Resources ETF (IGE) and Vanguard Real Estate ETF (VNQ). 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
IGE vs. VNQ - Dividend Comparison
IGE's dividend yield for the trailing twelve months is around 2.39%, less than VNQ's 4.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGE iShares North American Natural Resources ETF | 2.39% | 2.85% | 2.96% | 2.92% | 3.34% | 5.50% | 2.61% | 2.05% | 1.61% | 2.99% | 1.78% | 1.46% |
VNQ Vanguard Real Estate ETF | 4.31% | 3.95% | 3.91% | 2.56% | 3.93% | 3.39% | 4.74% | 4.23% | 4.82% | 3.92% | 3.60% | 4.32% |
Drawdowns
IGE vs. VNQ - Drawdown Comparison
The maximum IGE drawdown since its inception was -67.73%, smaller than the maximum VNQ drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for IGE and VNQ. For additional features, visit the drawdowns tool.
Volatility
IGE vs. VNQ - Volatility Comparison
The current volatility for iShares North American Natural Resources ETF (IGE) is 3.40%, while Vanguard Real Estate ETF (VNQ) has a volatility of 5.92%. This indicates that IGE experiences smaller price fluctuations and is considered to be less risky than VNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.