OTPIX vs. VGT
Compare and contrast key facts about ProFunds NASDAQ-100 Fund (OTPIX) and Vanguard Information Technology ETF (VGT).
OTPIX is managed by ProFunds. It was launched on Aug 7, 2000. 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: OTPIX or VGT.
Correlation
The correlation between OTPIX and VGT is 0.94, 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
OTPIX vs. VGT - Performance Comparison
Key characteristics
OTPIX:
1.38
VGT:
1.38
OTPIX:
1.89
VGT:
1.86
OTPIX:
1.25
VGT:
1.25
OTPIX:
1.83
VGT:
1.94
OTPIX:
6.44
VGT:
6.96
OTPIX:
3.90%
VGT:
4.25%
OTPIX:
18.17%
VGT:
21.47%
OTPIX:
-72.58%
VGT:
-54.63%
OTPIX:
-4.02%
VGT:
-4.01%
Returns By Period
In the year-to-date period, OTPIX achieves a 24.43% return, which is significantly lower than VGT's 29.19% return. Over the past 10 years, OTPIX has underperformed VGT with an annualized return of 15.33%, while VGT has yielded a comparatively higher 20.72% annualized return.
OTPIX
24.43%
3.17%
5.82%
24.48%
16.63%
15.33%
VGT
29.19%
2.86%
5.94%
28.93%
21.70%
20.72%
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OTPIX vs. VGT - Expense Ratio Comparison
OTPIX has a 1.48% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
OTPIX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds NASDAQ-100 Fund (OTPIX) 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
OTPIX vs. VGT - Dividend Comparison
OTPIX has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.60%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OTPIX ProFunds NASDAQ-100 Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
OTPIX vs. VGT - Drawdown Comparison
The maximum OTPIX drawdown since its inception was -72.58%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for OTPIX and VGT. For additional features, visit the drawdowns tool.
Volatility
OTPIX vs. VGT - Volatility Comparison
ProFunds NASDAQ-100 Fund (OTPIX) and Vanguard Information Technology ETF (VGT) have volatilities of 5.49% and 5.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.