VAW vs. GNR
Compare and contrast key facts about Vanguard Materials ETF (VAW) and SPDR S&P Global Natural Resources ETF (GNR).
VAW and GNR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VAW is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Materials 25/50 Index. It was launched on Jan 26, 2004. GNR is a passively managed fund by State Street that tracks the performance of the S&P Global Natural Resources Index. It was launched on Sep 13, 2010. Both VAW and GNR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VAW or GNR.
Correlation
The correlation between VAW and GNR is 0.71, 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
VAW vs. GNR - Performance Comparison
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Key characteristics
VAW:
-0.30
GNR:
-0.44
VAW:
-0.24
GNR:
-0.41
VAW:
0.97
GNR:
0.95
VAW:
-0.22
GNR:
-0.36
VAW:
-0.67
GNR:
-0.89
VAW:
7.76%
GNR:
8.47%
VAW:
20.11%
GNR:
19.77%
VAW:
-62.17%
GNR:
-51.37%
VAW:
-12.30%
GNR:
-9.91%
Returns By Period
In the year-to-date period, VAW achieves a 0.04% return, which is significantly lower than GNR's 4.84% return. Over the past 10 years, VAW has outperformed GNR with an annualized return of 7.33%, while GNR has yielded a comparatively lower 4.63% annualized return.
VAW
0.04%
8.35%
-10.66%
-5.94%
13.14%
7.33%
GNR
4.84%
9.01%
-3.53%
-8.48%
12.48%
4.63%
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VAW vs. GNR - Expense Ratio Comparison
VAW has a 0.10% expense ratio, which is lower than GNR's 0.40% expense ratio.
Risk-Adjusted Performance
VAW vs. GNR — Risk-Adjusted Performance Rank
VAW
GNR
VAW vs. GNR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Materials ETF (VAW) and SPDR S&P Global Natural Resources ETF (GNR). 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.
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Dividends
VAW vs. GNR - Dividend Comparison
VAW's dividend yield for the trailing twelve months is around 1.79%, less than GNR's 4.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VAW Vanguard Materials ETF | 1.79% | 1.70% | 1.72% | 1.98% | 1.44% | 1.67% | 1.94% | 2.03% | 1.63% | 1.67% | 2.30% | 1.76% |
GNR SPDR S&P Global Natural Resources ETF | 4.51% | 4.73% | 3.37% | 4.37% | 3.44% | 2.78% | 3.84% | 3.51% | 2.40% | 2.06% | 4.60% | 2.59% |
Drawdowns
VAW vs. GNR - Drawdown Comparison
The maximum VAW drawdown since its inception was -62.17%, which is greater than GNR's maximum drawdown of -51.37%. Use the drawdown chart below to compare losses from any high point for VAW and GNR. For additional features, visit the drawdowns tool.
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Volatility
VAW vs. GNR - Volatility Comparison
Vanguard Materials ETF (VAW) has a higher volatility of 6.56% compared to SPDR S&P Global Natural Resources ETF (GNR) at 6.00%. This indicates that VAW's price experiences larger fluctuations and is considered to be riskier than GNR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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