VAW vs. VDE
Compare and contrast key facts about Vanguard Materials ETF (VAW) and Vanguard Energy ETF (VDE).
VAW and VDE 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. VDE is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Energy 25/50 Index. It was launched on Sep 23, 2004. Both VAW and VDE 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 VDE.
Performance
VAW vs. VDE - Performance Comparison
Returns By Period
In the year-to-date period, VAW achieves a 8.70% return, which is significantly lower than VDE's 15.29% return. Over the past 10 years, VAW has outperformed VDE with an annualized return of 8.44%, while VDE has yielded a comparatively lower 4.41% annualized return.
VAW
8.70%
-4.68%
1.16%
18.13%
11.21%
8.44%
VDE
15.29%
4.85%
1.11%
17.23%
15.60%
4.41%
Key characteristics
| VAW | VDE | |
|---|---|---|
| Sharpe Ratio | 1.29 | 0.82 |
| Sortino Ratio | 1.82 | 1.22 |
| Omega Ratio | 1.23 | 1.15 |
| Calmar Ratio | 1.97 | 1.11 |
| Martin Ratio | 6.08 | 2.68 |
| Ulcer Index | 3.00% | 5.56% |
| Daily Std Dev | 14.19% | 18.09% |
| Max Drawdown | -62.17% | -74.16% |
| Current Drawdown | -5.16% | -1.81% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VAW vs. VDE - Expense Ratio Comparison
Both VAW and VDE have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Correlation
The correlation between VAW and VDE is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
VAW vs. VDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Materials ETF (VAW) and Vanguard Energy ETF (VDE). 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
VAW vs. VDE - Dividend Comparison
VAW's dividend yield for the trailing twelve months is around 1.58%, less than VDE's 3.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VAW Vanguard Materials ETF | 1.58% | 1.72% | 1.98% | 1.44% | 1.67% | 1.94% | 2.03% | 1.63% | 1.67% | 2.30% | 1.76% | 1.84% |
VDE Vanguard Energy ETF | 3.04% | 3.34% | 3.65% | 4.13% | 4.76% | 3.59% | 3.35% | 2.90% | 2.31% | 3.17% | 1.98% | 1.74% |
Drawdowns
VAW vs. VDE - Drawdown Comparison
The maximum VAW drawdown since its inception was -62.17%, smaller than the maximum VDE drawdown of -74.16%. Use the drawdown chart below to compare losses from any high point for VAW and VDE. For additional features, visit the drawdowns tool.
Volatility
VAW vs. VDE - Volatility Comparison
The current volatility for Vanguard Materials ETF (VAW) is 3.93%, while Vanguard Energy ETF (VDE) has a volatility of 5.08%. This indicates that VAW experiences smaller price fluctuations and is considered to be less risky than VDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.