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RDDT vs. VGT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RDDT and VGT is 0.42, 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

RDDT vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Reddit, Inc. (RDDT) and Vanguard Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

RDDT:

1.08

VGT:

0.62

Sortino Ratio

RDDT:

2.37

VGT:

1.07

Omega Ratio

RDDT:

1.28

VGT:

1.15

Calmar Ratio

RDDT:

2.04

VGT:

0.71

Martin Ratio

RDDT:

5.00

VGT:

2.32

Ulcer Index

RDDT:

25.03%

VGT:

8.35%

Daily Std Dev

RDDT:

88.22%

VGT:

30.20%

Max Drawdown

RDDT:

-61.41%

VGT:

-54.63%

Current Drawdown

RDDT:

-49.90%

VGT:

-5.40%

Returns By Period

In the year-to-date period, RDDT achieves a -30.96% return, which is significantly lower than VGT's -1.53% return.


RDDT

YTD

-30.96%

1M

11.56%

6M

-11.67%

1Y

93.92%

5Y*

N/A

10Y*

N/A

VGT

YTD

-1.53%

1M

17.56%

6M

-1.61%

1Y

18.50%

5Y*

20.95%

10Y*

19.99%

*Annualized

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Risk-Adjusted Performance

RDDT vs. VGT — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RDDT
The Risk-Adjusted Performance Rank of RDDT is 8888
Overall Rank
The Sharpe Ratio Rank of RDDT is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of RDDT is 9090
Sortino Ratio Rank
The Omega Ratio Rank of RDDT is 8686
Omega Ratio Rank
The Calmar Ratio Rank of RDDT is 9393
Calmar Ratio Rank
The Martin Ratio Rank of RDDT is 8686
Martin Ratio Rank

VGT
The Risk-Adjusted Performance Rank of VGT is 6262
Overall Rank
The Sharpe Ratio Rank of VGT is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of VGT is 6363
Sortino Ratio Rank
The Omega Ratio Rank of VGT is 6363
Omega Ratio Rank
The Calmar Ratio Rank of VGT is 6868
Calmar Ratio Rank
The Martin Ratio Rank of VGT is 6060
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

RDDT vs. VGT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Reddit, Inc. (RDDT) 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.


The current RDDT Sharpe Ratio is 1.08, which is higher than the VGT Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of RDDT and VGT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

RDDT vs. VGT - Dividend Comparison

RDDT has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.52%.


TTM20242023202220212020201920182017201620152014
RDDT
Reddit, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VGT
Vanguard Information Technology ETF
0.52%0.60%0.65%0.91%0.64%0.82%1.11%1.29%0.99%1.31%1.28%1.12%

Drawdowns

RDDT vs. VGT - Drawdown Comparison

The maximum RDDT drawdown since its inception was -61.41%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for RDDT and VGT. For additional features, visit the drawdowns tool.


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Volatility

RDDT vs. VGT - Volatility Comparison

Reddit, Inc. (RDDT) has a higher volatility of 16.65% compared to Vanguard Information Technology ETF (VGT) at 8.81%. This indicates that RDDT's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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