VEEV vs. VGT
Compare and contrast key facts about Veeva Systems Inc. (VEEV) 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: VEEV or VGT.
Performance
VEEV vs. VGT - Performance Comparison
Returns By Period
In the year-to-date period, VEEV achieves a 10.99% return, which is significantly lower than VGT's 25.60% return. Over the past 10 years, VEEV has outperformed VGT with an annualized return of 22.60%, while VGT has yielded a comparatively lower 20.55% annualized return.
VEEV
10.99%
-3.45%
1.77%
21.04%
6.75%
22.60%
VGT
25.60%
0.19%
12.45%
33.54%
22.06%
20.55%
Key characteristics
| VEEV | VGT | |
|---|---|---|
| Sharpe Ratio | 0.77 | 1.60 |
| Sortino Ratio | 1.21 | 2.12 |
| Omega Ratio | 1.16 | 1.29 |
| Calmar Ratio | 0.44 | 2.21 |
| Martin Ratio | 1.78 | 7.93 |
| Ulcer Index | 12.31% | 4.24% |
| Daily Std Dev | 28.64% | 21.03% |
| Max Drawdown | -61.35% | -54.63% |
| Current Drawdown | -37.34% | -3.33% |
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Correlation
The correlation between VEEV and VGT is 0.58, 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
VEEV vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Veeva Systems Inc. (VEEV) 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
VEEV vs. VGT - Dividend Comparison
VEEV 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEEV Veeva Systems Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
VEEV vs. VGT - Drawdown Comparison
The maximum VEEV drawdown since its inception was -61.35%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for VEEV and VGT. For additional features, visit the drawdowns tool.
Volatility
VEEV vs. VGT - Volatility Comparison
Veeva Systems Inc. (VEEV) has a higher volatility of 11.10% compared to Vanguard Information Technology ETF (VGT) at 6.53%. This indicates that VEEV'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.