RIET vs. VONG

Last updated Jun 4, 2026

RIET (Hoya Capital High Dividend Yield ETF) and VONG (Vanguard Russell 1000 Growth ETF) are both exchange-traded funds - RIET is a REIT fund tracking the Hoya Capital High Dividend Yield Index, while VONG is a Large Cap Growth Equities fund tracking the Russell 1000 Growth Index. Both are passively managed. Over the past 3 years, RIET returned 8.68%/yr vs 24.92%/yr for VONG. At a 0.48 correlation, their price movements are largely independent. RIET charges 0.50%/yr vs 0.06%/yr for VONG.

Performance

RIET vs. VONG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hoya Capital High Dividend Yield ETF (RIET) and Vanguard Russell 1000 Growth ETF (VONG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RIET achieves a 6.14% return, which is significantly lower than VONG's 7.17% return.

RIET

• 1D: -1.15%
• 1M: 0.48%
• YTD: 6.14%
• 6M: 5.42%
• 1Y: 12.32%
• 3Y*: 8.68%
• 5Y*: —
• 10Y*: —

VONG

• 1D: -1.32%
• 1M: 5.68%
• YTD: 7.17%
• 6M: 6.52%
• 1Y: 25.74%
• 3Y*: 24.92%
• 5Y*: 15.38%
• 10Y*: 18.61%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RIET vs. VONG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RIET Hoya Capital High Dividend Yield ETF	6.14%	2.43%	1.18%	13.04%	-25.29%	2.35%
VONG Vanguard Russell 1000 Growth ETF	7.17%	18.45%	33.20%	42.67%	-29.18%	7.87%

Correlation

The correlation between RIET and VONG is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (All Time) Calculated using the full available price history since Sep 23, 2021	0.48

Over the past year, the correlation between RIET and VONG has dropped to 0.26 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.

RIET vs. VONG - Sectors Allocation Comparison

Sectors	RIET	VONG
Real Estate	87.8%	0.4%
Financial Services	2.6%	5.3%
Basic Materials	-	0.3%
Communication Services	-	13.2%
Consumer Cyclical	-	13.2%
Consumer Defensive	-	2.7%
Energy	-	0.4%
Healthcare	-	7.1%
Industrials	-	5.7%
Technology	-	51.4%
Utilities	-	0.3%

Return for Risk

RIET vs. VONG — Risk / Return Rank

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

RIET

RIET Risk / Return Rank: 26
RIET Sharpe Ratio Rank: 26
RIET Sortino Ratio Rank: 25
RIET Omega Ratio Rank: 24
RIET Calmar Ratio Rank: 29
RIET Martin Ratio Rank: 26

VONG

VONG Risk / Return Rank: 41
VONG Sharpe Ratio Rank: 48
VONG Sortino Ratio Rank: 45
VONG Omega Ratio Rank: 45
VONG Calmar Ratio Rank: 32
VONG Martin Ratio Rank: 34

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RIET vs. VONG - Risk-Adjusted Trends 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.

	RIET	VONG	Difference
Sharpe ratio: Return per unit of total volatility	0.94	1.68	-0.74
Sortino ratio: Return per unit of downside risk	1.37	2.29	-0.92
Omega ratio: Gain probability vs. loss probability	1.16	1.29	-0.13
Calmar ratio: Return relative to maximum drawdown	1.41	1.59	-0.18
Martin ratio: Return relative to average drawdown	3.68	5.34	-1.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RIET vs. VONG - Sharpe Ratio Comparison

The current RIET Sharpe Ratio is 0.94, which is lower than the VONG Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of RIET and VONG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RIET	VONG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.94	1.68	-0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.72	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.06	0.90	-0.96

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.

Drawdown Indicators

	RIET	VONG	Difference
Max Drawdown Largest peak-to-trough decline	-34.61%	-32.72%	-1.89%
Max Drawdown (1Y) Largest decline over 1 year	-8.76%	-16.23%	+7.47%
Max Drawdown (3Y) Largest decline over 3 years	-18.38%	-23.27%	+4.89%
Max Drawdown (5Y) Largest decline over 5 years	—	-32.72%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.72%	—
Current Drawdown Current decline from peak	-8.50%	-1.66%	-6.84%
Average Drawdown Average peak-to-trough decline	-16.43%	-4.88%	-11.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.36%	4.83%	-1.47%

Volatility

RIET vs. VONG - Volatility Comparison

Hoya Capital High Dividend Yield ETF (RIET) and Vanguard Russell 1000 Growth ETF (VONG) have volatilities of 3.42% and 3.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RIET	VONG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.42%	3.60%	-0.18%
Volatility (6M) Calculated over the trailing 6-month period	9.18%	11.61%	-2.43%
Volatility (1Y) Calculated over the trailing 1-year period	13.14%	15.37%	-2.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.95%	21.33%	-2.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.95%	20.87%	-1.92%

RIET vs. VONG - Expense Ratio Comparison

RIET has a 0.50% expense ratio, which is higher than VONG's 0.06% expense ratio.

Dividends

RIET vs. VONG - Dividend Comparison

RIET's dividend yield for the trailing twelve months is around 10.88%, more than VONG's 0.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RIET Hoya Capital High Dividend Yield ETF	10.88%	11.04%	10.17%	9.33%	9.33%	1.99%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VONG Vanguard Russell 1000 Growth ETF	0.43%	0.45%	0.55%	0.71%	0.98%	0.58%	0.77%	1.03%	1.18%	1.19%	1.48%	1.47%

Frequently Asked Questions

Can I hold both RIET and VONG in my portfolio?

RIET and VONG have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RIET or VONG?

VONG has higher volatility (3.60%) compared to RIET (3.42%). In terms of maximum drawdown, RIET dropped -34.61% vs VONG's -32.72%.

Which ETF is better, RIET or VONG?

On 3-year performance, VONG leads with 24.92% vs 8.68% for RIET. On fees, VONG is cheaper at 0.06% per year. On volatility, RIET has been the lower-risk option at 3.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RIET or VONG?

Over the 3-year period, VONG has performed better with a 24.92% return vs 8.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RIET or VONG?

VONG is cheaper with a 0.06% expense ratio, compared with 0.50% for RIET.

Which ETF pays a higher dividend yield, RIET or VONG?

RIET has the higher dividend yield at 10.88%, compared with 0.43% for VONG.

What is the main difference between RIET and VONG?

RIET is categorized as REIT, while VONG is Large Cap Growth Equities. RIET tracks Hoya Capital High Dividend Yield Index, while VONG tracks Russell 1000 Growth Index. They also come from different issuers: Pettee Investors and Vanguard. Their fees differ too: 0.50% for RIET and 0.06% for VONG.

Which has better risk-adjusted returns?

VONG currently has the higher Sharpe Ratio (1.68 vs 0.94), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.