MODL vs. VEA
Compare and contrast key facts about Victoryshares Westend U.S. Sector ETF (MODL) and Vanguard FTSE Developed Markets ETF (VEA).
MODL and VEA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MODL is an actively managed fund by VictoryShares. It was launched on Oct 11, 2022. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MODL or VEA.
Performance
MODL vs. VEA - Performance Comparison
Returns By Period
In the year-to-date period, MODL achieves a 25.49% return, which is significantly higher than VEA's 4.73% return.
MODL
25.49%
1.64%
12.83%
30.22%
N/A
N/A
VEA
4.73%
-3.33%
-0.80%
11.43%
5.91%
5.23%
Key characteristics
| MODL | VEA | |
|---|---|---|
| Sharpe Ratio | 2.63 | 0.91 |
| Sortino Ratio | 3.53 | 1.32 |
| Omega Ratio | 1.47 | 1.16 |
| Calmar Ratio | 3.99 | 1.36 |
| Martin Ratio | 17.49 | 4.25 |
| Ulcer Index | 1.78% | 2.74% |
| Daily Std Dev | 11.84% | 12.79% |
| Max Drawdown | -10.05% | -60.70% |
| Current Drawdown | -1.05% | -7.56% |
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MODL vs. VEA - Expense Ratio Comparison
MODL has a 0.46% expense ratio, which is higher than VEA's 0.05% expense ratio.
Correlation
The correlation between MODL and VEA is 0.71, 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.
Risk-Adjusted Performance
MODL vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Victoryshares Westend U.S. Sector ETF (MODL) and Vanguard FTSE Developed Markets ETF (VEA). 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
MODL vs. VEA - Dividend Comparison
MODL's dividend yield for the trailing twelve months is around 0.84%, less than VEA's 3.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MODL Victoryshares Westend U.S. Sector ETF | 0.84% | 1.03% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEA Vanguard FTSE Developed Markets ETF | 3.05% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% | 2.60% |
Drawdowns
MODL vs. VEA - Drawdown Comparison
The maximum MODL drawdown since its inception was -10.05%, smaller than the maximum VEA drawdown of -60.70%. Use the drawdown chart below to compare losses from any high point for MODL and VEA. For additional features, visit the drawdowns tool.
Volatility
MODL vs. VEA - Volatility Comparison
Victoryshares Westend U.S. Sector ETF (MODL) has a higher volatility of 3.75% compared to Vanguard FTSE Developed Markets ETF (VEA) at 3.54%. This indicates that MODL's price experiences larger fluctuations and is considered to be riskier than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.