TH vs. VGT

Last updated Aug 1, 2026

TH (Target Hospitality Corp.) is a stock, while VGT (Vanguard Information Technology ETF) is Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. Over the past 5 years, TH returned 33.53%/yr vs 17.81%/yr for VGT. Their 0.17 correlation means their historical movements had little consistent relationship.

Performance

TH vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Target Hospitality Corp. (TH) and Vanguard Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TH achieves a 89.76% return, which is significantly higher than VGT's 20.36% return.

TH

• 1D: 4.83%
• 1M: -17.70%
• 6M: 120.61%
• YTD: 89.76%
• 1Y: 104.58%
• 3Y*: 6.48%
• 5Y*: 33.53%
• 10Y*: —
• ALL TIME*: 5.43%

VGT

• 1D: -0.38%
• 1M: -1.30%
• 6M: 21.30%
• YTD: 20.36%
• 1Y: 34.81%
• 3Y*: 26.48%
• 5Y*: 17.81%
• 10Y*: 24.06%
• ALL TIME*: 14.84%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TH Target Hospitality Corp.	$14.88M	$16.52M	$24.16M
VGT Vanguard Information Technology ETF	$440.89M	$515.41M	$573.34M

TH vs. VGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
TH Target Hospitality Corp.	89.76%	-17.12%	-0.67%	-35.73%	325.28%	125.32%	-68.40%	-50.40%	3.38%
VGT Vanguard Information Technology ETF	20.36%	21.77%	29.30%	52.66%	-29.70%	30.45%	46.04%	48.62%	-6.25%

Correlation

The correlation between TH and VGT is 0.27, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.27
Correlation (3Y) Balances recent behavior with more history.	0.19
Correlation (5Y) Shows whether the relationship held over a longer period.	0.18
Correlation (All Time) Calculated using the full available price history since Mar 8, 2018	0.17

Return for Risk

TH vs. VGT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TH

TH Risk / Return Rank: 88
TH Sharpe Ratio Rank: 87
TH Sortino Ratio Rank: 90
TH Omega Ratio Rank: 89
TH Calmar Ratio Rank: 88
TH Martin Ratio Rank: 85

VGT

VGT Risk / Return Rank: 52
VGT Sharpe Ratio Rank: 55
VGT Sortino Ratio Rank: 52
VGT Omega Ratio Rank: 50
VGT Calmar Ratio Rank: 55
VGT Martin Ratio Rank: 46

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TH vs. VGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Target Hospitality Corp. (TH) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TH	VGT	Difference
Sharpe ratio: Return per unit of total volatility	1.60	1.31	+0.29
Sortino ratio: Return per unit of downside risk	2.73	1.82	+0.91
Omega ratio: Gain probability vs. loss probability	1.34	1.23	+0.12
Calmar ratio: Return relative to maximum drawdown	3.16	1.94	+1.22
Martin ratio: Return relative to average drawdown	7.21	5.23	+1.98

TH vs. VGT - Sharpe Ratio Comparison

The current TH Sharpe Ratio is 1.60, which is comparable to the VGT Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of TH and VGT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TH vs. VGT - Drawdown Comparison

The maximum TH drawdown since its inception was -92.35%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for TH and VGT.

Drawdown Indicators

	TH	VGT	Difference
Max Drawdown Largest peak-to-trough decline	-92.35%	-54.63%	-37.72%
Max Drawdown (1Y) Largest decline over 1 year	-31.95%	-16.40%	-15.55%
Max Drawdown (3Y) Largest decline over 3 years	-69.13%	-27.23%	-41.90%
Max Drawdown (5Y) Largest decline over 5 years	-71.94%	-35.07%	-36.87%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.07%	—
Current Drawdown Current decline from peak	-25.93%	-9.93%	-16.00%
Average Drawdown Average peak-to-trough decline	-41.62%	-7.95%	-33.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.96%	6.07%	+7.89%

Volatility

TH vs. VGT - Volatility Comparison

Target Hospitality Corp. (TH) has a higher volatility of 15.60% compared to Vanguard Information Technology ETF (VGT) at 8.42%. This indicates that TH'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.

Volatility by Period

	TH	VGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.60%	8.42%	+7.18%
Volatility (6M) Calculated over the trailing 6-month period	49.91%	20.14%	+29.77%
Volatility (1Y) Calculated over the trailing 1-year period	63.05%	24.28%	+38.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.65%	25.83%	+40.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.30%	24.89%	+50.41%

Dividends

TH vs. VGT - Dividend Comparison

TH has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.38%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TH Target Hospitality Corp.	0.00%	0.00%	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	0.38%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both TH and VGT in my portfolio?

TH and VGT have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TH or VGT?

TH has higher volatility (15.60%) compared to VGT (8.42%). In terms of maximum drawdown, TH dropped -92.35% vs VGT's -54.63%.

Which has better risk-adjusted returns?

TH currently has the higher Sharpe Ratio (1.60 vs 1.31), 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.