UNIT vs. VGT
Compare and contrast key facts about Uniti Group Inc. (UNIT) and Vanguard Information Technology ETF (VGT).
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: UNIT or VGT.
Correlation
The correlation between UNIT and VGT is 0.36, 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
UNIT vs. VGT - Performance Comparison
Key characteristics
UNIT:
0.31
VGT:
1.46
UNIT:
0.84
VGT:
1.95
UNIT:
1.12
VGT:
1.26
UNIT:
0.23
VGT:
2.08
UNIT:
0.72
VGT:
7.34
UNIT:
25.94%
VGT:
4.31%
UNIT:
60.68%
VGT:
21.72%
UNIT:
-83.50%
VGT:
-54.63%
UNIT:
-60.76%
VGT:
-3.05%
Returns By Period
In the year-to-date period, UNIT achieves a 8.73% return, which is significantly higher than VGT's 0.91% return.
UNIT
8.73%
8.53%
62.06%
20.03%
3.60%
N/A
VGT
0.91%
1.00%
9.84%
29.13%
20.32%
21.17%
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Risk-Adjusted Performance
UNIT vs. VGT — Risk-Adjusted Performance Rank
UNIT
VGT
UNIT vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Uniti Group Inc. (UNIT) 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
UNIT vs. VGT - Dividend Comparison
UNIT's dividend yield for the trailing twelve months is around 5.02%, more than VGT's 0.59% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UNIT Uniti Group Inc. | 5.02% | 5.45% | 10.38% | 10.85% | 4.28% | 5.12% | 4.51% | 15.41% | 13.49% | 11.81% | 8.79% | 0.00% |
VGT Vanguard Information Technology ETF | 0.59% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
Drawdowns
UNIT vs. VGT - Drawdown Comparison
The maximum UNIT drawdown since its inception was -83.50%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for UNIT and VGT. For additional features, visit the drawdowns tool.
Volatility
UNIT vs. VGT - Volatility Comparison
Uniti Group Inc. (UNIT) has a higher volatility of 11.22% compared to Vanguard Information Technology ETF (VGT) at 6.85%. This indicates that UNIT'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.