PRF vs. VITAX
Compare and contrast key facts about Invesco FTSE RAFI US 1000 ETF (PRF) and Vanguard Information Technology Index Fund Admiral Shares (VITAX).
PRF is a passively managed fund by Invesco that tracks the performance of the FTSE RAFI US 1000 Index. It was launched on Dec 19, 2005. VITAX is a passively managed fund by Vanguard that tracks the performance of the MSCI US IMI Info Technology 25/50. It was launched on Mar 25, 2004. Both PRF and VITAX 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: PRF or VITAX.
Key characteristics
| PRF | VITAX | |
|---|---|---|
| YTD Return | 21.09% | 29.68% |
| 1Y Return | 35.20% | 44.77% |
| 3Y Return (Ann) | 9.35% | 12.43% |
| 5Y Return (Ann) | 13.59% | 23.14% |
| 10Y Return (Ann) | 11.04% | 21.13% |
| Sharpe Ratio | 3.06 | 2.06 |
| Sortino Ratio | 4.25 | 2.64 |
| Omega Ratio | 1.57 | 1.36 |
| Calmar Ratio | 5.27 | 2.88 |
| Martin Ratio | 20.48 | 10.37 |
| Ulcer Index | 1.67% | 4.23% |
| Daily Std Dev | 11.18% | 21.32% |
| Max Drawdown | -60.35% | -54.81% |
| Current Drawdown | 0.00% | -0.13% |
Correlation
The correlation between PRF and VITAX is 0.78, 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
PRF vs. VITAX - Performance Comparison
In the year-to-date period, PRF achieves a 21.09% return, which is significantly lower than VITAX's 29.68% return. Over the past 10 years, PRF has underperformed VITAX with an annualized return of 11.04%, while VITAX has yielded a comparatively higher 21.13% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRF vs. VITAX - Expense Ratio Comparison
PRF has a 0.39% expense ratio, which is higher than VITAX's 0.10% expense ratio.
Risk-Adjusted Performance
PRF vs. VITAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE RAFI US 1000 ETF (PRF) and Vanguard Information Technology Index Fund Admiral Shares (VITAX). 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
PRF vs. VITAX - Dividend Comparison
PRF's dividend yield for the trailing twelve months is around 1.67%, more than VITAX's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRF Invesco FTSE RAFI US 1000 ETF | 1.67% | 1.84% | 2.01% | 1.58% | 1.97% | 1.99% | 2.25% | 1.58% | 2.17% | 2.25% | 1.73% | 1.56% |
VITAX Vanguard Information Technology Index Fund Admiral Shares | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.30% | 0.99% | 1.31% | 1.28% | 1.12% | 1.04% |
Drawdowns
PRF vs. VITAX - Drawdown Comparison
The maximum PRF drawdown since its inception was -60.35%, which is greater than VITAX's maximum drawdown of -54.81%. Use the drawdown chart below to compare losses from any high point for PRF and VITAX. For additional features, visit the drawdowns tool.
Volatility
PRF vs. VITAX - Volatility Comparison
The current volatility for Invesco FTSE RAFI US 1000 ETF (PRF) is 4.01%, while Vanguard Information Technology Index Fund Admiral Shares (VITAX) has a volatility of 6.33%. This indicates that PRF experiences smaller price fluctuations and is considered to be less risky than VITAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.