IWFL vs. VONG
Compare and contrast key facts about ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) and Vanguard Russell 1000 Growth ETF (VONG).
IWFL and VONG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWFL is a passively managed fund by UBS that tracks the performance of the Russell 1000 Growth (200%). It was launched on Feb 5, 2021. VONG is a passively managed fund by Vanguard that tracks the performance of the Russell 1000 Growth Index. It was launched on Sep 20, 2010. Both IWFL and VONG 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: IWFL or VONG.
Key characteristics
| IWFL | VONG | |
|---|---|---|
| YTD Return | 60.33% | 32.07% |
| 1Y Return | 76.73% | 39.77% |
| 3Y Return (Ann) | 9.92% | 10.42% |
| Sharpe Ratio | 2.16 | 2.56 |
| Sortino Ratio | 2.64 | 3.28 |
| Omega Ratio | 1.38 | 1.47 |
| Calmar Ratio | 3.02 | 3.24 |
| Martin Ratio | 11.72 | 12.81 |
| Ulcer Index | 7.12% | 3.32% |
| Daily Std Dev | 38.58% | 16.64% |
| Max Drawdown | -59.29% | -32.72% |
| Current Drawdown | -0.21% | -0.07% |
Correlation
The correlation between IWFL and VONG is 0.98, 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
IWFL vs. VONG - Performance Comparison
In the year-to-date period, IWFL achieves a 60.33% return, which is significantly higher than VONG's 32.07% 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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IWFL vs. VONG - Expense Ratio Comparison
IWFL has a 0.95% expense ratio, which is higher than VONG's 0.08% expense ratio.
Risk-Adjusted Performance
IWFL vs. VONG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) and Vanguard Russell 1000 Growth ETF (VONG). 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
IWFL vs. VONG - Dividend Comparison
IWFL has not paid dividends to shareholders, while VONG's dividend yield for the trailing twelve months is around 0.59%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWFL ETRACS 2x Leveraged US Growth Factor TR ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VONG Vanguard Russell 1000 Growth ETF | 0.59% | 0.71% | 0.98% | 0.58% | 0.77% | 1.03% | 1.18% | 1.19% | 1.48% | 1.47% | 1.43% | 1.28% |
Drawdowns
IWFL vs. VONG - Drawdown Comparison
The maximum IWFL drawdown since its inception was -59.29%, which is greater than VONG's maximum drawdown of -32.72%. Use the drawdown chart below to compare losses from any high point for IWFL and VONG. For additional features, visit the drawdowns tool.
Volatility
IWFL vs. VONG - Volatility Comparison
ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) has a higher volatility of 14.11% compared to Vanguard Russell 1000 Growth ETF (VONG) at 5.03%. This indicates that IWFL's price experiences larger fluctuations and is considered to be riskier than VONG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.