ROKT vs. VGT
Compare and contrast key facts about SPDR S&P Kensho Final Frontiers ETF (ROKT) and Vanguard Information Technology ETF (VGT).
ROKT and VGT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ROKT is a passively managed fund by State Street that tracks the performance of the S&P Kensho Final Frontiers Index. It was launched on Oct 22, 2018. 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. Both ROKT and VGT 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: ROKT or VGT.
Key characteristics
| ROKT | VGT | |
|---|---|---|
| YTD Return | 22.84% | 29.70% |
| 1Y Return | 39.02% | 44.81% |
| 3Y Return (Ann) | 10.12% | 12.42% |
| 5Y Return (Ann) | 10.17% | 23.16% |
| Sharpe Ratio | 2.41 | 2.08 |
| Sortino Ratio | 3.32 | 2.66 |
| Omega Ratio | 1.42 | 1.37 |
| Calmar Ratio | 3.68 | 2.89 |
| Martin Ratio | 13.27 | 10.41 |
| Ulcer Index | 2.98% | 4.22% |
| Daily Std Dev | 16.42% | 21.11% |
| Max Drawdown | -43.16% | -54.63% |
| Current Drawdown | 0.00% | -0.18% |
Correlation
The correlation between ROKT and VGT is 0.62, 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
ROKT vs. VGT - Performance Comparison
In the year-to-date period, ROKT achieves a 22.84% return, which is significantly lower than VGT's 29.70% 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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ROKT vs. VGT - Expense Ratio Comparison
ROKT has a 0.45% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
ROKT vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Final Frontiers ETF (ROKT) 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
ROKT vs. VGT - Dividend Comparison
ROKT's dividend yield for the trailing twelve months is around 0.56%, less than VGT's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROKT SPDR S&P Kensho Final Frontiers ETF | 0.56% | 0.62% | 0.54% | 1.79% | 0.48% | 0.74% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
ROKT vs. VGT - Drawdown Comparison
The maximum ROKT drawdown since its inception was -43.16%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for ROKT and VGT. For additional features, visit the drawdowns tool.
Volatility
ROKT vs. VGT - Volatility Comparison
SPDR S&P Kensho Final Frontiers ETF (ROKT) and Vanguard Information Technology ETF (VGT) have volatilities of 6.44% and 6.35%, 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.