VGM vs. VGT
Compare and contrast key facts about Invesco Trust for Investment Grade Municipals (VGM) 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: VGM or VGT.
Correlation
The correlation between VGM and VGT is 0.12, 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.
Performance
VGM vs. VGT - Performance Comparison
Key characteristics
VGM:
0.74
VGT:
0.02
VGM:
1.10
VGT:
0.23
VGM:
1.14
VGT:
1.03
VGM:
0.32
VGT:
0.02
VGM:
3.51
VGT:
0.08
VGM:
2.29%
VGT:
7.39%
VGM:
10.88%
VGT:
29.50%
VGM:
-49.37%
VGT:
-54.63%
VGM:
-18.57%
VGT:
-21.79%
Returns By Period
In the year-to-date period, VGM achieves a -3.05% return, which is significantly higher than VGT's -18.60% return. Over the past 10 years, VGM has underperformed VGT with an annualized return of 2.22%, while VGT has yielded a comparatively higher 17.97% annualized return.
VGM
-3.05%
-3.37%
-5.28%
8.25%
0.92%
2.22%
VGT
-18.60%
-10.55%
-16.03%
3.10%
17.43%
17.97%
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Risk-Adjusted Performance
VGM vs. VGT — Risk-Adjusted Performance Rank
VGM
VGT
VGM vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Trust for Investment Grade Municipals (VGM) 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
VGM vs. VGT - Dividend Comparison
VGM's dividend yield for the trailing twelve months is around 7.90%, more than VGT's 0.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGM Invesco Trust for Investment Grade Municipals | 7.90% | 6.39% | 4.40% | 5.66% | 4.66% | 4.66% | 4.86% | 5.99% | 5.83% | 6.52% | 6.62% | 6.64% |
VGT Vanguard Information Technology ETF | 0.63% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
Drawdowns
VGM vs. VGT - Drawdown Comparison
The maximum VGM drawdown since its inception was -49.37%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for VGM and VGT. For additional features, visit the drawdowns tool.
Volatility
VGM vs. VGT - Volatility Comparison
The current volatility for Invesco Trust for Investment Grade Municipals (VGM) is 5.84%, while Vanguard Information Technology ETF (VGT) has a volatility of 18.22%. This indicates that VGM 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.