MKTX vs. VGT
Compare and contrast key facts about MarketAxess Holdings Inc. (MKTX) 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: MKTX or VGT.
Key characteristics
| MKTX | VGT | |
|---|---|---|
| YTD Return | -7.87% | 28.88% |
| 1Y Return | 18.24% | 37.56% |
| 3Y Return (Ann) | -10.89% | 12.24% |
| 5Y Return (Ann) | -6.11% | 22.70% |
| 10Y Return (Ann) | 16.06% | 20.89% |
| Sharpe Ratio | 0.63 | 1.95 |
| Sortino Ratio | 1.04 | 2.51 |
| Omega Ratio | 1.16 | 1.35 |
| Calmar Ratio | 0.33 | 2.69 |
| Martin Ratio | 1.01 | 9.68 |
| Ulcer Index | 21.54% | 4.22% |
| Daily Std Dev | 34.43% | 20.95% |
| Max Drawdown | -80.60% | -54.63% |
| Current Drawdown | -53.09% | -0.81% |
Correlation
The correlation between MKTX and VGT is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MKTX vs. VGT - Performance Comparison
In the year-to-date period, MKTX achieves a -7.87% return, which is significantly lower than VGT's 28.88% return. Over the past 10 years, MKTX has underperformed VGT with an annualized return of 16.06%, while VGT has yielded a comparatively higher 20.89% annualized 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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Risk-Adjusted Performance
MKTX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MarketAxess Holdings Inc. (MKTX) 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
MKTX vs. VGT - Dividend Comparison
MKTX's dividend yield for the trailing twelve months is around 0.83%, more than VGT's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MKTX MarketAxess Holdings Inc. | 0.83% | 0.98% | 1.00% | 0.64% | 0.42% | 0.54% | 0.80% | 0.65% | 0.71% | 0.72% | 0.89% | 0.78% |
VGT Vanguard Information Technology ETF | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
MKTX vs. VGT - Drawdown Comparison
The maximum MKTX drawdown since its inception was -80.60%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for MKTX and VGT. For additional features, visit the drawdowns tool.
Volatility
MKTX vs. VGT - Volatility Comparison
The current volatility for MarketAxess Holdings Inc. (MKTX) is 5.00%, while Vanguard Information Technology ETF (VGT) has a volatility of 5.97%. This indicates that MKTX 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.