IXG vs. VPL
Compare and contrast key facts about iShares Global Financials ETF (IXG) and Vanguard FTSE Pacific ETF (VPL).
IXG and VPL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IXG is a passively managed fund by iShares that tracks the performance of the S&P Global Financials Sector Index. It was launched on Nov 12, 2001. VPL is a passively managed fund by Vanguard that tracks the performance of the FTSE Developed Asia Pacific Index. It was launched on Mar 4, 2005. Both IXG and VPL 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: IXG or VPL.
Key characteristics
| IXG | VPL | |
|---|---|---|
| YTD Return | 12.57% | 5.01% |
| 1Y Return | 31.11% | 13.40% |
| 3Y Return (Ann) | 6.16% | 0.39% |
| 5Y Return (Ann) | 10.02% | 6.32% |
| 10Y Return (Ann) | 7.39% | 5.18% |
| Sharpe Ratio | 2.40 | 0.90 |
| Daily Std Dev | 12.27% | 13.76% |
| Max Drawdown | -78.42% | -55.49% |
| Current Drawdown | 0.00% | -4.07% |
Correlation
The correlation between IXG and VPL is 0.78, 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
IXG vs. VPL - Performance Comparison
In the year-to-date period, IXG achieves a 12.57% return, which is significantly higher than VPL's 5.01% return. Over the past 10 years, IXG has outperformed VPL with an annualized return of 7.39%, while VPL has yielded a comparatively lower 5.18% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IXG vs. VPL - Expense Ratio Comparison
IXG has a 0.46% expense ratio, which is higher than VPL's 0.08% expense ratio.
Risk-Adjusted Performance
IXG vs. VPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Financials ETF (IXG) and Vanguard FTSE Pacific ETF (VPL). 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
IXG vs. VPL - Dividend Comparison
IXG's dividend yield for the trailing twelve months is around 2.33%, less than VPL's 3.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IXG iShares Global Financials ETF | 2.33% | 2.62% | 3.71% | 1.69% | 2.13% | 2.87% | 3.14% | 2.12% | 2.21% | 2.79% | 2.38% | 2.14% |
VPL Vanguard FTSE Pacific ETF | 3.17% | 3.12% | 2.75% | 3.19% | 1.81% | 2.84% | 3.06% | 2.57% | 2.65% | 2.43% | 2.69% | 2.49% |
Drawdowns
IXG vs. VPL - Drawdown Comparison
The maximum IXG drawdown since its inception was -78.42%, which is greater than VPL's maximum drawdown of -55.49%. Use the drawdown chart below to compare losses from any high point for IXG and VPL. For additional features, visit the drawdowns tool.
Volatility
IXG vs. VPL - Volatility Comparison
The current volatility for iShares Global Financials ETF (IXG) is 2.47%, while Vanguard FTSE Pacific ETF (VPL) has a volatility of 3.81%. This indicates that IXG experiences smaller price fluctuations and is considered to be less risky than VPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.