LEGR vs. VGT
Compare and contrast key facts about First Trust Indxx Innovative Transaction & Process ETF (LEGR) and Vanguard Information Technology ETF (VGT).
LEGR and VGT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LEGR is a passively managed fund by First Trust that tracks the performance of the Indxx Blockchain Index. It was launched on Jan 24, 2018. 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 LEGR 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: LEGR or VGT.
Key characteristics
| LEGR | VGT | |
|---|---|---|
| YTD Return | 7.83% | 8.55% |
| 1Y Return | 21.44% | 35.85% |
| 3Y Return (Ann) | 4.49% | 13.84% |
| 5Y Return (Ann) | 10.63% | 21.69% |
| Sharpe Ratio | 1.68 | 2.02 |
| Daily Std Dev | 13.85% | 18.29% |
| Max Drawdown | -36.12% | -54.63% |
| Current Drawdown | 0.00% | -0.90% |
Correlation
The correlation between LEGR and VGT is 0.79, 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
LEGR vs. VGT - Performance Comparison
In the year-to-date period, LEGR achieves a 7.83% return, which is significantly lower than VGT's 8.55% 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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LEGR vs. VGT - Expense Ratio Comparison
LEGR has a 0.65% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
LEGR vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Innovative Transaction & Process ETF (LEGR) 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
LEGR vs. VGT - Dividend Comparison
LEGR's dividend yield for the trailing twelve months is around 2.34%, more than VGT's 0.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LEGR First Trust Indxx Innovative Transaction & Process ETF | 2.34% | 2.56% | 2.64% | 1.80% | 0.95% | 2.04% | 1.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.69% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
LEGR vs. VGT - Drawdown Comparison
The maximum LEGR drawdown since its inception was -36.12%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for LEGR and VGT. For additional features, visit the drawdowns tool.
Volatility
LEGR vs. VGT - Volatility Comparison
The current volatility for First Trust Indxx Innovative Transaction & Process ETF (LEGR) is 3.92%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.15%. This indicates that LEGR 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.