SHLD vs. VGT
Compare and contrast key facts about Global X Defense Tech ETF (SHLD) and Vanguard Information Technology ETF (VGT).
SHLD and VGT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SHLD is a passively managed fund by Global X that tracks the performance of the Global X Defense Tech Index - Benchmark TR Net. It was launched on Sep 11, 2023. 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 SHLD 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: SHLD or VGT.
Key characteristics
| SHLD | VGT | |
|---|---|---|
| YTD Return | 47.99% | 29.40% |
| 1Y Return | 54.10% | 41.46% |
| Sharpe Ratio | 3.98 | 1.94 |
| Sortino Ratio | 5.22 | 2.51 |
| Omega Ratio | 1.71 | 1.35 |
| Calmar Ratio | 11.17 | 2.68 |
| Martin Ratio | 36.09 | 9.65 |
| Ulcer Index | 1.53% | 4.22% |
| Daily Std Dev | 13.89% | 20.96% |
| Max Drawdown | -5.42% | -54.63% |
| Current Drawdown | -0.80% | -0.41% |
Correlation
The correlation between SHLD and VGT is 0.40, 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
SHLD vs. VGT - Performance Comparison
In the year-to-date period, SHLD achieves a 47.99% return, which is significantly higher than VGT's 29.40% 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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SHLD vs. VGT - Expense Ratio Comparison
SHLD has a 0.50% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
SHLD vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Defense Tech ETF (SHLD) 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
SHLD vs. VGT - Dividend Comparison
SHLD's dividend yield for the trailing twelve months is around 0.32%, less than VGT's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHLD Global X Defense Tech ETF | 0.32% | 0.26% | 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 | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
SHLD vs. VGT - Drawdown Comparison
The maximum SHLD drawdown since its inception was -5.42%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for SHLD and VGT. For additional features, visit the drawdowns tool.
Volatility
SHLD vs. VGT - Volatility Comparison
Global X Defense Tech ETF (SHLD) and Vanguard Information Technology ETF (VGT) have volatilities of 6.12% and 6.28%, 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.