Correlation
The correlation between VGIVX and XLK is 0.26, 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.
VGIVX vs. XLK
Compare and contrast key facts about Vanguard Emerging Markets Government Bond Index Fund Institutional Shares (VGIVX) and Technology Select Sector SPDR Fund (XLK).
VGIVX is managed by Vanguard. It was launched on Feb 11, 2015. XLK is a passively managed fund by State Street that tracks the performance of the Technology Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VGIVX or XLK.
Performance
VGIVX vs. XLK - Performance Comparison
Loading data...
Key characteristics
VGIVX:
1.54
XLK:
0.36
VGIVX:
2.18
XLK:
0.56
VGIVX:
1.28
XLK:
1.08
VGIVX:
0.76
XLK:
0.30
VGIVX:
5.83
XLK:
0.92
VGIVX:
1.29%
XLK:
8.22%
VGIVX:
5.02%
XLK:
30.50%
VGIVX:
-26.79%
XLK:
-82.05%
VGIVX:
-2.76%
XLK:
-4.49%
Returns By Period
In the year-to-date period, VGIVX achieves a 2.53% return, which is significantly higher than XLK's -0.52% return. Over the past 10 years, VGIVX has underperformed XLK with an annualized return of 3.00%, while XLK has yielded a comparatively higher 19.65% annualized return.
VGIVX
2.53%
0.39%
0.82%
7.38%
5.05%
1.78%
3.00%
XLK
-0.52%
8.38%
-0.87%
10.64%
19.02%
19.70%
19.65%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VGIVX vs. XLK - Expense Ratio Comparison
VGIVX has a 0.18% expense ratio, which is higher than XLK's 0.13% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
VGIVX vs. XLK — Risk-Adjusted Performance Rank
VGIVX
XLK
VGIVX vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Government Bond Index Fund Institutional Shares (VGIVX) and Technology Select Sector SPDR Fund (XLK). 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.
Loading data...
Dividends
VGIVX vs. XLK - Dividend Comparison
VGIVX's dividend yield for the trailing twelve months is around 5.85%, more than XLK's 0.68% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGIVX Vanguard Emerging Markets Government Bond Index Fund Institutional Shares | 5.85% | 6.07% | 5.53% | 5.32% | 4.09% | 4.21% | 4.63% | 4.62% | 4.67% | 4.76% | 4.55% | 0.77% |
XLK Technology Select Sector SPDR Fund | 0.68% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% |
Drawdowns
VGIVX vs. XLK - Drawdown Comparison
The maximum VGIVX drawdown since its inception was -26.79%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for VGIVX and XLK.
Loading data...
Volatility
VGIVX vs. XLK - Volatility Comparison
The current volatility for Vanguard Emerging Markets Government Bond Index Fund Institutional Shares (VGIVX) is 1.07%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 6.47%. This indicates that VGIVX experiences smaller price fluctuations and is considered to be less risky than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...