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POTX vs. VUG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between POTX and VUG is 0.41, 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.


-0.50.00.51.00.4

Performance

POTX vs. VUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Cannabis ETF (POTX) and Vanguard Growth ETF (VUG). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember0
12.60%
POTX
VUG

Key characteristics

Returns By Period


POTX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

VUG

YTD

35.96%

1M

4.22%

6M

14.16%

1Y

36.09%

5Y*

19.09%

10Y*

15.92%

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POTX vs. VUG - Expense Ratio Comparison

POTX has a 0.51% expense ratio, which is higher than VUG's 0.04% expense ratio.


POTX
Global X Cannabis ETF
Expense ratio chart for POTX: current value at 0.51% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.51%
Expense ratio chart for VUG: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

POTX vs. VUG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Cannabis ETF (POTX) and Vanguard Growth ETF (VUG). 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.


Sharpe ratio
The chart of Sharpe ratio for POTX, currently valued at -0.58, compared to the broader market0.002.004.00-0.582.09
The chart of Sortino ratio for POTX, currently valued at -0.71, compared to the broader market-2.000.002.004.006.008.0010.00-0.712.71
The chart of Omega ratio for POTX, currently valued at 0.79, compared to the broader market0.501.001.502.002.503.000.791.38
The chart of Calmar ratio for POTX, currently valued at -0.07, compared to the broader market0.005.0010.0015.00-0.072.78
The chart of Martin ratio for POTX, currently valued at -0.48, compared to the broader market0.0020.0040.0060.0080.00100.00-0.4810.90
POTX
VUG


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.58
2.09
POTX
VUG

Dividends

POTX vs. VUG - Dividend Comparison

POTX has not paid dividends to shareholders, while VUG's dividend yield for the trailing twelve months is around 0.45%.


TTM20232022202120202019201820172016201520142013
POTX
Global X Cannabis ETF
103.82%6.37%3.27%4.28%5.47%1.43%0.00%0.00%0.00%0.00%0.00%0.00%
VUG
Vanguard Growth ETF
0.45%0.58%0.70%0.48%0.66%0.95%1.32%1.14%1.39%1.30%1.21%1.19%

Drawdowns

POTX vs. VUG - Drawdown Comparison


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-96.64%
-1.64%
POTX
VUG

Volatility

POTX vs. VUG - Volatility Comparison

The current volatility for Global X Cannabis ETF (POTX) is 0.00%, while Vanguard Growth ETF (VUG) has a volatility of 4.90%. This indicates that POTX experiences smaller price fluctuations and is considered to be less risky than VUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember0
4.90%
POTX
VUG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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