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.
Key characteristics
| OTPIX | VGT | |
|---|---|---|
| YTD Return | 22.71% | 28.36% |
| 1Y Return | 30.36% | 36.83% |
| 3Y Return (Ann) | 6.21% | 12.14% |
| 5Y Return (Ann) | 17.27% | 22.58% |
| 10Y Return (Ann) | 15.23% | 20.89% |
| Sharpe Ratio | 1.75 | 1.78 |
| Sortino Ratio | 2.35 | 2.32 |
| Omega Ratio | 1.32 | 1.32 |
| Calmar Ratio | 2.22 | 2.43 |
| Martin Ratio | 7.86 | 8.76 |
| Ulcer Index | 3.87% | 4.22% |
| Daily Std Dev | 17.42% | 20.83% |
| Max Drawdown | -72.58% | -54.63% |
| Current Drawdown | -1.06% | -1.21% |
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
In the year-to-date period, OTPIX achieves a 22.71% return, which is significantly lower than VGT's 28.36% return. Over the past 10 years, OTPIX has underperformed VGT with an annualized return of 15.23%, 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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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
The current volatility for ProFunds NASDAQ-100 Fund (OTPIX) is 4.97%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.00%. This indicates that OTPIX 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.