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UNIT vs. VGT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.4

Performance

UNIT vs. VGT - Performance Comparison

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

-20.00%0.00%20.00%40.00%60.00%80.00%100.00%120.00%JulyAugustSeptemberOctoberNovemberDecember
97.37%
9.09%
UNIT
VGT

Key characteristics

Sharpe Ratio

UNIT:

0.22

VGT:

1.51

Sortino Ratio

UNIT:

0.74

VGT:

2.01

Omega Ratio

UNIT:

1.10

VGT:

1.27

Calmar Ratio

UNIT:

0.17

VGT:

2.13

Martin Ratio

UNIT:

0.53

VGT:

7.60

Ulcer Index

UNIT:

26.05%

VGT:

4.26%

Daily Std Dev

UNIT:

61.22%

VGT:

21.41%

Max Drawdown

UNIT:

-83.50%

VGT:

-54.63%

Current Drawdown

UNIT:

-62.96%

VGT:

-3.01%

Returns By Period

In the year-to-date period, UNIT achieves a 5.27% return, which is significantly lower than VGT's 30.53% return.


UNIT

YTD

5.27%

1M

-0.44%

6M

100.18%

1Y

13.73%

5Y*

0.91%

10Y*

N/A

VGT

YTD

30.53%

1M

2.66%

6M

8.53%

1Y

32.39%

5Y*

21.92%

10Y*

20.71%

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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.


Sharpe ratio
The chart of Sharpe ratio for UNIT, currently valued at 0.22, compared to the broader market-4.00-2.000.002.000.221.51
The chart of Sortino ratio for UNIT, currently valued at 0.74, compared to the broader market-4.00-2.000.002.004.000.742.01
The chart of Omega ratio for UNIT, currently valued at 1.10, compared to the broader market0.501.001.502.001.101.27
The chart of Calmar ratio for UNIT, currently valued at 0.17, compared to the broader market0.002.004.006.000.172.13
The chart of Martin ratio for UNIT, currently valued at 0.53, compared to the broader market-5.000.005.0010.0015.0020.0025.000.537.60
UNIT
VGT

The current UNIT Sharpe Ratio is 0.22, which is lower than the VGT Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of UNIT and VGT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.22
1.51
UNIT
VGT

Dividends

UNIT vs. VGT - Dividend Comparison

UNIT's dividend yield for the trailing twelve months is around 5.31%, more than VGT's 0.59% yield.


TTM20232022202120202019201820172016201520142013
UNIT
Uniti Group Inc.
5.31%10.38%10.85%4.28%5.12%4.51%15.41%13.49%11.81%8.79%0.00%0.00%
VGT
Vanguard Information Technology ETF
0.59%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.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-62.96%
-3.01%
UNIT
VGT

Volatility

UNIT vs. VGT - Volatility Comparison

Uniti Group Inc. (UNIT) has a higher volatility of 12.15% compared to Vanguard Information Technology ETF (VGT) at 5.49%. 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.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
12.15%
5.49%
UNIT
VGT
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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