TOWTX vs. VITAX
Compare and contrast key facts about Towpath Technology Fund (TOWTX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX).
TOWTX is managed by Oelschlager Investments. It was launched on Feb 2, 2021. VITAX is a passively managed fund by Vanguard that tracks the performance of the MSCI US IMI Info Technology 25/50. It was launched on Mar 25, 2004.
Performance
TOWTX vs. VITAX - Performance Comparison
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TOWTX vs. VITAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TOWTX Towpath Technology Fund | -9.57% | 9.55% | 12.82% | 29.78% | -15.96% | 17.73% |
VITAX Vanguard Information Technology Index Fund Admiral Shares | -11.14% | 21.78% | 29.26% | 52.69% | -29.67% | 30.02% |
Returns By Period
In the year-to-date period, TOWTX achieves a -9.57% return, which is significantly higher than VITAX's -11.14% return.
TOWTX
- 1D
- -0.07%
- 1M
- -5.09%
- YTD
- -9.57%
- 6M
- -7.05%
- 1Y
- 3.98%
- 3Y*
- 10.31%
- 5Y*
- 6.11%
- 10Y*
- —
VITAX
- 1D
- -1.79%
- 1M
- -7.83%
- YTD
- -11.14%
- 6M
- -10.25%
- 1Y
- 23.94%
- 3Y*
- 20.87%
- 5Y*
- 14.06%
- 10Y*
- 20.84%
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TOWTX vs. VITAX - Expense Ratio Comparison
TOWTX has a 1.10% expense ratio, which is higher than VITAX's 0.10% expense ratio.
Return for Risk
TOWTX vs. VITAX — Risk / Return Rank
TOWTX
VITAX
TOWTX vs. VITAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Towpath Technology Fund (TOWTX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX). 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.
| TOWTX | VITAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.23 | 0.87 | -0.64 |
Sortino ratioReturn per unit of downside risk | 0.45 | 1.39 | -0.94 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.19 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.16 | 1.26 | -1.10 |
Martin ratioReturn relative to average drawdown | 0.51 | 3.92 | -3.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TOWTX | VITAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.23 | 0.87 | -0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | 0.56 | -0.56 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.85 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 0.59 | -0.58 |
Correlation
The correlation between TOWTX and VITAX is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
TOWTX vs. VITAX - Dividend Comparison
TOWTX's dividend yield for the trailing twelve months is around 1.88%, more than VITAX's 0.46% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TOWTX Towpath Technology Fund | 1.88% | 1.70% | 3.55% | 0.42% | 0.57% | 0.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VITAX Vanguard Information Technology Index Fund Admiral Shares | 0.46% | 0.40% | 0.60% | 0.65% | 0.91% | 0.63% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% |
Drawdowns
TOWTX vs. VITAX - Drawdown Comparison
The maximum TOWTX drawdown since its inception was -98.79%, which is greater than VITAX's maximum drawdown of -54.81%. Use the drawdown chart below to compare losses from any high point for TOWTX and VITAX.
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Drawdown Indicators
| TOWTX | VITAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.79% | -54.81% | -43.98% |
Max Drawdown (1Y)Largest decline over 1 year | -11.62% | -16.38% | +4.76% |
Max Drawdown (5Y)Largest decline over 5 years | -98.79% | -35.10% | -63.69% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.10% | — |
Current DrawdownCurrent decline from peak | -98.60% | -16.38% | -82.22% |
Average DrawdownAverage peak-to-trough decline | -26.18% | -8.06% | -18.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 5.24% | -1.64% |
Volatility
TOWTX vs. VITAX - Volatility Comparison
The current volatility for Towpath Technology Fund (TOWTX) is 4.10%, while Vanguard Information Technology Index Fund Admiral Shares (VITAX) has a volatility of 6.70%. This indicates that TOWTX experiences smaller price fluctuations and is considered to be less risky than VITAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TOWTX | VITAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.10% | 6.70% | -2.60% |
Volatility (6M)Calculated over the trailing 6-month period | 11.08% | 15.84% | -4.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.27% | 27.38% | -9.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3,101.36% | 25.22% | +3,076.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3,035.66% | 24.69% | +3,010.97% |