VAFAX vs. VGT
Compare and contrast key facts about Invesco American Franchise Fund Class A (VAFAX) and Vanguard Information Technology ETF (VGT).
VAFAX is managed by Invesco. It was launched on Jun 23, 2005. 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: VAFAX or VGT.
Key characteristics
| VAFAX | VGT | |
|---|---|---|
| YTD Return | 30.45% | 25.10% |
| 1Y Return | 51.54% | 48.72% |
| 3Y Return (Ann) | 6.75% | 12.42% |
| 5Y Return (Ann) | 16.45% | 22.70% |
| 10Y Return (Ann) | 13.11% | 20.84% |
| Sharpe Ratio | 2.82 | 2.41 |
| Sortino Ratio | 3.57 | 3.01 |
| Omega Ratio | 1.50 | 1.42 |
| Calmar Ratio | 2.31 | 3.27 |
| Martin Ratio | 14.96 | 11.88 |
| Ulcer Index | 3.50% | 4.20% |
| Daily Std Dev | 18.58% | 20.66% |
| Max Drawdown | -51.03% | -54.63% |
| Current Drawdown | -0.44% | -1.31% |
Correlation
The correlation between VAFAX and VGT is 0.89, 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.
Performance
VAFAX vs. VGT - Performance Comparison
In the year-to-date period, VAFAX achieves a 30.45% return, which is significantly higher than VGT's 25.10% return. Over the past 10 years, VAFAX has underperformed VGT with an annualized return of 13.11%, while VGT has yielded a comparatively higher 20.84% annualized 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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VAFAX vs. VGT - Expense Ratio Comparison
VAFAX has a 0.95% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
VAFAX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco American Franchise Fund Class A (VAFAX) 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
VAFAX vs. VGT - Dividend Comparison
VAFAX has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.62%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VAFAX Invesco American Franchise Fund Class A | 0.00% | 0.00% | 8.32% | 26.50% | 8.78% | 6.85% | 10.42% | 5.37% | 4.08% | 0.00% | 9.63% | 4.14% |
VGT Vanguard Information Technology ETF | 0.62% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
VAFAX vs. VGT - Drawdown Comparison
The maximum VAFAX drawdown since its inception was -51.03%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for VAFAX and VGT. For additional features, visit the drawdowns tool.
Volatility
VAFAX vs. VGT - Volatility Comparison
The current volatility for Invesco American Franchise Fund Class A (VAFAX) is 3.44%, while Vanguard Information Technology ETF (VGT) has a volatility of 4.29%. This indicates that VAFAX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.