RACE.MI vs. VGT
Compare and contrast key facts about Ferrari NV (RACE.MI) and Vanguard Information Technology ETF (VGT).
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: RACE.MI or VGT.
Key characteristics
| RACE.MI | VGT | |
|---|---|---|
| YTD Return | 35.75% | 16.75% |
| 1Y Return | 47.18% | 32.75% |
| 3Y Return (Ann) | 31.11% | 11.26% |
| 5Y Return (Ann) | 24.86% | 22.22% |
| Sharpe Ratio | 2.25 | 1.57 |
| Daily Std Dev | 23.28% | 20.76% |
| Max Drawdown | -37.22% | -54.63% |
| Current Drawdown | -7.94% | -7.23% |
Correlation
The correlation between RACE.MI and VGT is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
RACE.MI vs. VGT - Performance Comparison
In the year-to-date period, RACE.MI achieves a 35.75% return, which is significantly higher than VGT's 16.75% 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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Risk-Adjusted Performance
RACE.MI vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ferrari NV (RACE.MI) 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
RACE.MI vs. VGT - Dividend Comparison
RACE.MI's dividend yield for the trailing twelve months is around 0.59%, less than VGT's 0.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RACE.MI Ferrari NV | 0.59% | 0.59% | 0.68% | 0.38% | 0.60% | 0.70% | 0.82% | 0.73% | 0.83% | 0.00% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.66% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
RACE.MI vs. VGT - Drawdown Comparison
The maximum RACE.MI drawdown since its inception was -37.22%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for RACE.MI and VGT. For additional features, visit the drawdowns tool.
Volatility
RACE.MI vs. VGT - Volatility Comparison
The current volatility for Ferrari NV (RACE.MI) is 5.46%, while Vanguard Information Technology ETF (VGT) has a volatility of 7.26%. This indicates that RACE.MI 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.