MXI vs. VDE
Compare and contrast key facts about iShares Global Materials ETF (MXI) and Vanguard Energy ETF (VDE).
MXI and VDE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MXI is a passively managed fund by iShares that tracks the performance of the S&P Global Materials Index. It was launched on Sep 21, 2006. VDE is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Energy 25/50 Index. It was launched on Sep 23, 2004. Both MXI and VDE 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: MXI or VDE.
Correlation
The correlation between MXI and VDE is 0.70, 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
MXI vs. VDE - Performance Comparison
Key characteristics
MXI:
0.19
VDE:
1.26
MXI:
0.36
VDE:
1.73
MXI:
1.04
VDE:
1.22
MXI:
0.17
VDE:
1.60
MXI:
0.45
VDE:
3.61
MXI:
6.21%
VDE:
6.22%
MXI:
14.55%
VDE:
17.84%
MXI:
-68.44%
VDE:
-74.16%
MXI:
-12.28%
VDE:
-2.17%
Returns By Period
In the year-to-date period, MXI achieves a 4.02% return, which is significantly lower than VDE's 9.44% return. Over the past 10 years, MXI has outperformed VDE with an annualized return of 6.83%, while VDE has yielded a comparatively lower 5.91% annualized return.
MXI
4.02%
3.52%
-4.71%
2.21%
7.01%
6.83%
VDE
9.44%
12.76%
4.16%
22.59%
15.27%
5.91%
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MXI vs. VDE - Expense Ratio Comparison
MXI has a 0.46% expense ratio, which is higher than VDE's 0.10% expense ratio.
Risk-Adjusted Performance
MXI vs. VDE — Risk-Adjusted Performance Rank
MXI
VDE
MXI vs. VDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Materials ETF (MXI) and Vanguard Energy ETF (VDE). 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
MXI vs. VDE - Dividend Comparison
MXI's dividend yield for the trailing twelve months is around 3.12%, more than VDE's 2.95% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXI iShares Global Materials ETF | 3.12% | 3.24% | 2.92% | 4.84% | 3.51% | 1.21% | 3.64% | 2.77% | 1.76% | 1.31% | 3.64% | 2.33% |
VDE Vanguard Energy ETF | 2.95% | 3.23% | 3.34% | 3.65% | 4.13% | 4.76% | 3.59% | 3.35% | 2.90% | 2.31% | 3.17% | 1.98% |
Drawdowns
MXI vs. VDE - Drawdown Comparison
The maximum MXI drawdown since its inception was -68.44%, smaller than the maximum VDE drawdown of -74.16%. Use the drawdown chart below to compare losses from any high point for MXI and VDE. For additional features, visit the drawdowns tool.
Volatility
MXI vs. VDE - Volatility Comparison
The current volatility for iShares Global Materials ETF (MXI) is 4.45%, while Vanguard Energy ETF (VDE) has a volatility of 4.81%. This indicates that MXI experiences smaller price fluctuations and is considered to be less risky than VDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.