POTX vs. VFIFX
Compare and contrast key facts about Global X Cannabis ETF (POTX) and Vanguard Target Retirement 2050 Fund (VFIFX).
POTX is a passively managed fund by Global X that tracks the performance of the Cannabis Index. It was launched on Sep 17, 2019. VFIFX is managed by Vanguard. It was launched on Jun 7, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: POTX or VFIFX.
Correlation
The correlation between POTX and VFIFX is 0.45, 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
POTX vs. VFIFX - Performance Comparison
Key characteristics
Returns By Period
POTX
N/A
N/A
N/A
N/A
N/A
N/A
VFIFX
-3.33%
-3.64%
-4.38%
7.20%
9.63%
6.75%
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POTX vs. VFIFX - Expense Ratio Comparison
POTX has a 0.51% expense ratio, which is higher than VFIFX's 0.08% expense ratio.
Risk-Adjusted Performance
POTX vs. VFIFX — Risk-Adjusted Performance Rank
POTX
VFIFX
POTX vs. VFIFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Cannabis ETF (POTX) and Vanguard Target Retirement 2050 Fund (VFIFX). 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
POTX vs. VFIFX - Dividend Comparison
POTX has not paid dividends to shareholders, while VFIFX's dividend yield for the trailing twelve months is around 2.27%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
POTX Global X Cannabis ETF | 0.00% | 100.61% | 6.37% | 3.27% | 4.28% | 5.47% | 1.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VFIFX Vanguard Target Retirement 2050 Fund | 2.27% | 2.19% | 2.21% | 2.13% | 2.19% | 1.63% | 2.20% | 2.43% | 1.89% | 1.93% | 2.05% | 2.01% |
Drawdowns
POTX vs. VFIFX - Drawdown Comparison
Volatility
POTX vs. VFIFX - Volatility Comparison
The current volatility for Global X Cannabis ETF (POTX) is 0.00%, while Vanguard Target Retirement 2050 Fund (VFIFX) has a volatility of 10.36%. This indicates that POTX experiences smaller price fluctuations and is considered to be less risky than VFIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.