RNR vs. VGT
Compare and contrast key facts about RenaissanceRe Holdings Ltd. (RNR) 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: RNR or VGT.
Key characteristics
| RNR | VGT | |
|---|---|---|
| YTD Return | 31.75% | 28.36% |
| 1Y Return | 27.99% | 36.83% |
| 3Y Return (Ann) | 19.21% | 12.14% |
| 5Y Return (Ann) | 7.88% | 22.58% |
| 10Y Return (Ann) | 10.94% | 20.89% |
| Sharpe Ratio | 0.98 | 1.78 |
| Sortino Ratio | 1.39 | 2.32 |
| Omega Ratio | 1.19 | 1.32 |
| Calmar Ratio | 1.63 | 2.43 |
| Martin Ratio | 4.55 | 8.76 |
| Ulcer Index | 5.36% | 4.22% |
| Daily Std Dev | 24.91% | 20.83% |
| Max Drawdown | -45.67% | -54.63% |
| Current Drawdown | -9.36% | -1.21% |
Correlation
The correlation between RNR and VGT is 0.33, 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
RNR vs. VGT - Performance Comparison
In the year-to-date period, RNR achieves a 31.75% return, which is significantly higher than VGT's 28.36% return. Over the past 10 years, RNR has underperformed VGT with an annualized return of 10.94%, while VGT has yielded a comparatively higher 20.89% annualized 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
RNR vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RenaissanceRe Holdings Ltd. (RNR) 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
RNR vs. VGT - Dividend Comparison
RNR's dividend yield for the trailing twelve months is around 0.60%, which matches VGT's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNR RenaissanceRe Holdings Ltd. | 0.60% | 0.78% | 0.80% | 0.85% | 0.84% | 0.69% | 0.99% | 1.02% | 0.91% | 1.06% | 1.19% | 1.15% |
VGT Vanguard Information Technology ETF | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
RNR vs. VGT - Drawdown Comparison
The maximum RNR drawdown since its inception was -45.67%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for RNR and VGT. For additional features, visit the drawdowns tool.
Volatility
RNR vs. VGT - Volatility Comparison
RenaissanceRe Holdings Ltd. (RNR) has a higher volatility of 7.47% compared to Vanguard Information Technology ETF (VGT) at 6.00%. This indicates that RNR'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.