MAGA vs. VOOV
Compare and contrast key facts about Point Bridge GOP Stock Tracker ETF (MAGA) and Vanguard S&P 500 Value ETF (VOOV).
MAGA and VOOV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MAGA is a passively managed fund by Point Bridge Capital that tracks the performance of the Point Bridge GOP Stock Tracker Index. It was launched on Sep 6, 2017. VOOV is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Value Index. It was launched on Sep 7, 2010. Both MAGA and VOOV 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: MAGA or VOOV.
Key characteristics
| MAGA | VOOV | |
|---|---|---|
| YTD Return | 23.21% | 18.44% |
| 1Y Return | 37.31% | 30.88% |
| 3Y Return (Ann) | 10.75% | 11.87% |
| 5Y Return (Ann) | 14.56% | 12.55% |
| Sharpe Ratio | 3.10 | 3.17 |
| Sortino Ratio | 4.53 | 4.51 |
| Omega Ratio | 1.56 | 1.58 |
| Calmar Ratio | 4.74 | 6.13 |
| Martin Ratio | 17.79 | 19.73 |
| Ulcer Index | 2.18% | 1.66% |
| Daily Std Dev | 12.51% | 10.27% |
| Max Drawdown | -43.17% | -37.31% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between MAGA and VOOV is 0.92, 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
MAGA vs. VOOV - Performance Comparison
In the year-to-date period, MAGA achieves a 23.21% return, which is significantly higher than VOOV's 18.44% 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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MAGA vs. VOOV - Expense Ratio Comparison
MAGA has a 0.72% expense ratio, which is higher than VOOV's 0.10% expense ratio.
Risk-Adjusted Performance
MAGA vs. VOOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Point Bridge GOP Stock Tracker ETF (MAGA) and Vanguard S&P 500 Value ETF (VOOV). 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
MAGA vs. VOOV - Dividend Comparison
MAGA's dividend yield for the trailing twelve months is around 1.30%, less than VOOV's 1.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAGA Point Bridge GOP Stock Tracker ETF | 1.30% | 1.60% | 1.33% | 0.69% | 2.59% | 2.19% | 2.14% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% |
VOOV Vanguard S&P 500 Value ETF | 1.90% | 1.69% | 2.19% | 1.87% | 2.45% | 2.10% | 2.65% | 2.13% | 2.24% | 2.36% | 1.98% | 1.97% |
Drawdowns
MAGA vs. VOOV - Drawdown Comparison
The maximum MAGA drawdown since its inception was -43.17%, which is greater than VOOV's maximum drawdown of -37.31%. Use the drawdown chart below to compare losses from any high point for MAGA and VOOV. For additional features, visit the drawdowns tool.
Volatility
MAGA vs. VOOV - Volatility Comparison
Point Bridge GOP Stock Tracker ETF (MAGA) has a higher volatility of 4.78% compared to Vanguard S&P 500 Value ETF (VOOV) at 3.40%. This indicates that MAGA's price experiences larger fluctuations and is considered to be riskier than VOOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.