PGJ vs. VOO
Compare and contrast key facts about Invesco Golden Dragon China ETF (PGJ) and Vanguard S&P 500 ETF (VOO).
PGJ and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PGJ is a passively managed fund by Invesco that tracks the performance of the Halter USX China Index. It was launched on Dec 9, 2004. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both PGJ and VOO 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: PGJ or VOO.
Correlation
The correlation between PGJ and VOO is 0.56, 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
PGJ vs. VOO - Performance Comparison
Key characteristics
PGJ:
1.00
VOO:
1.76
PGJ:
1.66
VOO:
2.37
PGJ:
1.20
VOO:
1.32
PGJ:
0.47
VOO:
2.66
PGJ:
2.59
VOO:
11.10
PGJ:
13.41%
VOO:
2.02%
PGJ:
34.92%
VOO:
12.79%
PGJ:
-78.37%
VOO:
-33.99%
PGJ:
-60.42%
VOO:
-2.11%
Returns By Period
In the year-to-date period, PGJ achieves a 18.00% return, which is significantly higher than VOO's 2.40% return. Over the past 10 years, PGJ has underperformed VOO with an annualized return of 2.23%, while VOO has yielded a comparatively higher 13.05% annualized return.
PGJ
18.00%
18.96%
42.71%
30.70%
-4.25%
2.23%
VOO
2.40%
-1.60%
7.47%
19.76%
15.07%
13.05%
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PGJ vs. VOO - Expense Ratio Comparison
PGJ has a 0.70% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
PGJ vs. VOO — Risk-Adjusted Performance Rank
PGJ
VOO
PGJ vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Golden Dragon China ETF (PGJ) and Vanguard S&P 500 ETF (VOO). 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
PGJ vs. VOO - Dividend Comparison
PGJ's dividend yield for the trailing twelve months is around 3.98%, more than VOO's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGJ Invesco Golden Dragon China ETF | 3.98% | 4.70% | 2.50% | 0.84% | 0.00% | 0.31% | 0.17% | 0.31% | 2.05% | 1.94% | 0.37% | 0.89% |
VOO Vanguard S&P 500 ETF | 1.22% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
PGJ vs. VOO - Drawdown Comparison
The maximum PGJ drawdown since its inception was -78.37%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PGJ and VOO. For additional features, visit the drawdowns tool.
Volatility
PGJ vs. VOO - Volatility Comparison
Invesco Golden Dragon China ETF (PGJ) has a higher volatility of 9.49% compared to Vanguard S&P 500 ETF (VOO) at 3.38%. This indicates that PGJ's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.