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.
Key characteristics
| UNIT | VGT | |
|---|---|---|
| YTD Return | 2.59% | 4.37% |
| 1Y Return | 108.21% | 33.52% |
| 3Y Return (Ann) | -12.62% | 10.11% |
| 5Y Return (Ann) | -5.81% | 19.92% |
| Sharpe Ratio | 1.91 | 1.98 |
| Daily Std Dev | 62.23% | 18.20% |
| Max Drawdown | -83.50% | -54.63% |
| Current Drawdown | -63.90% | -4.72% |
Correlation
The correlation between UNIT and VGT is 0.39, 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
In the year-to-date period, UNIT achieves a 2.59% return, which is significantly lower than VGT's 4.37% 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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Risk-Adjusted Performance
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 10.38%, more than VGT's 0.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UNIT Uniti Group Inc. | 10.38% | 10.38% | 10.85% | 4.28% | 5.12% | 4.51% | 15.41% | 13.49% | 11.81% | 8.78% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.72% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
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 11.35% compared to Vanguard Information Technology ETF (VGT) at 5.97%. 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.