Correlation
The correlation between LNVGY and VGT is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
LNVGY vs. VGT
Compare and contrast key facts about Lenovo Group Limited (LNVGY) and Vanguard Information Technology ETF (VGT).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LNVGY or VGT.
Performance
LNVGY vs. VGT - Performance Comparison
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Key characteristics
LNVGY:
-0.27
VGT:
0.41
LNVGY:
-0.11
VGT:
0.82
LNVGY:
0.99
VGT:
1.11
LNVGY:
-0.32
VGT:
0.50
LNVGY:
-0.77
VGT:
1.61
LNVGY:
18.57%
VGT:
8.42%
LNVGY:
48.92%
VGT:
30.32%
LNVGY:
-84.28%
VGT:
-54.63%
LNVGY:
-31.33%
VGT:
-5.67%
Returns By Period
In the year-to-date period, LNVGY achieves a -7.57% return, which is significantly lower than VGT's -1.82% return. Over the past 10 years, LNVGY has underperformed VGT with an annualized return of 2.32%, while VGT has yielded a comparatively higher 19.86% annualized return.
LNVGY
-7.57%
3.52%
2.80%
-13.13%
12.45%
22.64%
2.32%
VGT
-1.82%
11.56%
-1.92%
12.43%
19.63%
19.68%
19.86%
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Risk-Adjusted Performance
LNVGY vs. VGT — Risk-Adjusted Performance Rank
LNVGY
VGT
LNVGY vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lenovo Group Limited (LNVGY) 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.
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Dividends
LNVGY vs. VGT - Dividend Comparison
LNVGY's dividend yield for the trailing twelve months is around 4.14%, more than VGT's 0.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LNVGY Lenovo Group Limited | 4.14% | 3.83% | 3.47% | 5.99% | 3.59% | 3.88% | 5.35% | 5.04% | 6.05% | 5.69% | 7.53% | 2.36% |
VGT Vanguard Information Technology ETF | 0.52% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
Drawdowns
LNVGY vs. VGT - Drawdown Comparison
The maximum LNVGY drawdown since its inception was -84.28%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for LNVGY and VGT.
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Volatility
LNVGY vs. VGT - Volatility Comparison
Lenovo Group Limited (LNVGY) has a higher volatility of 12.56% compared to Vanguard Information Technology ETF (VGT) at 6.59%. This indicates that LNVGY's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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