RIET vs. VONG
Compare and contrast key facts about Hoya Capital High Dividend Yield ETF (RIET) and Vanguard Russell 1000 Growth ETF (VONG).
RIET and VONG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RIET is a passively managed fund by Pettee Investors that tracks the performance of the Hoya Capital High Dividend Yield Index. It was launched on Sep 21, 2021. VONG is a passively managed fund by Vanguard that tracks the performance of the Russell 1000 Growth Index. It was launched on Sep 20, 2010. Both RIET and VONG 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: RIET or VONG.
Key characteristics
| RIET | VONG | |
|---|---|---|
| YTD Return | 7.78% | 32.16% |
| 1Y Return | 28.07% | 42.49% |
| 3Y Return (Ann) | -2.96% | 10.47% |
| Sharpe Ratio | 1.57 | 2.70 |
| Sortino Ratio | 2.26 | 3.45 |
| Omega Ratio | 1.29 | 1.49 |
| Calmar Ratio | 0.95 | 3.45 |
| Martin Ratio | 5.42 | 13.62 |
| Ulcer Index | 5.34% | 3.32% |
| Daily Std Dev | 18.40% | 16.67% |
| Max Drawdown | -34.61% | -32.72% |
| Current Drawdown | -10.36% | 0.00% |
Correlation
The correlation between RIET and VONG is 0.54, 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
RIET vs. VONG - Performance Comparison
In the year-to-date period, RIET achieves a 7.78% return, which is significantly lower than VONG's 32.16% 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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RIET vs. VONG - Expense Ratio Comparison
RIET has a 0.50% expense ratio, which is higher than VONG's 0.08% expense ratio.
Risk-Adjusted Performance
RIET vs. VONG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hoya Capital High Dividend Yield ETF (RIET) and Vanguard Russell 1000 Growth ETF (VONG). 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
RIET vs. VONG - Dividend Comparison
RIET's dividend yield for the trailing twelve months is around 9.45%, more than VONG's 0.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RIET Hoya Capital High Dividend Yield ETF | 9.45% | 9.38% | 9.38% | 2.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VONG Vanguard Russell 1000 Growth ETF | 0.58% | 0.71% | 0.98% | 0.58% | 0.77% | 1.03% | 1.18% | 1.19% | 1.48% | 1.47% | 1.43% | 1.28% |
Drawdowns
RIET vs. VONG - Drawdown Comparison
The maximum RIET drawdown since its inception was -34.61%, which is greater than VONG's maximum drawdown of -32.72%. Use the drawdown chart below to compare losses from any high point for RIET and VONG. For additional features, visit the drawdowns tool.
Volatility
RIET vs. VONG - Volatility Comparison
The current volatility for Hoya Capital High Dividend Yield ETF (RIET) is 4.51%, while Vanguard Russell 1000 Growth ETF (VONG) has a volatility of 5.20%. This indicates that RIET experiences smaller price fluctuations and is considered to be less risky than VONG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.