SQY vs. VGT
Compare and contrast key facts about YieldMax SQ Option Income Strategy ETF (SQY) and Vanguard Information Technology ETF (VGT).
SQY and VGT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SQY is an actively managed fund by YieldMax. It was launched on Oct 10, 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SQY or VGT.
Key characteristics
| SQY | VGT | |
|---|---|---|
| YTD Return | 11.37% | 29.70% |
| 1Y Return | 44.50% | 44.81% |
| Sharpe Ratio | 1.26 | 2.08 |
| Sortino Ratio | 1.74 | 2.66 |
| Omega Ratio | 1.24 | 1.37 |
| Calmar Ratio | 2.05 | 2.89 |
| Martin Ratio | 4.16 | 10.41 |
| Ulcer Index | 10.34% | 4.22% |
| Daily Std Dev | 34.07% | 21.11% |
| Max Drawdown | -20.92% | -54.63% |
| Current Drawdown | -1.23% | -0.18% |
Correlation
The correlation between SQY and VGT is 0.43, 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
SQY vs. VGT - Performance Comparison
In the year-to-date period, SQY achieves a 11.37% 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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SQY vs. VGT - Expense Ratio Comparison
SQY has a 1.01% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
SQY vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax SQ Option Income Strategy ETF (SQY) 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
SQY vs. VGT - Dividend Comparison
SQY's dividend yield for the trailing twelve months is around 59.87%, more than VGT's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SQY YieldMax SQ Option Income Strategy ETF | 59.87% | 9.85% | 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
SQY vs. VGT - Drawdown Comparison
The maximum SQY drawdown since its inception was -20.92%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for SQY and VGT. For additional features, visit the drawdowns tool.
Volatility
SQY vs. VGT - Volatility Comparison
YieldMax SQ Option Income Strategy ETF (SQY) has a higher volatility of 7.06% compared to Vanguard Information Technology ETF (VGT) at 6.35%. This indicates that SQY'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.