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:
1.13
VGT:
1.16
VGM:
1.72
VGT:
1.60
VGM:
1.21
VGT:
1.21
VGM:
0.43
VGT:
1.70
VGM:
4.85
VGT:
5.90
VGM:
2.21%
VGT:
4.39%
VGM:
9.49%
VGT:
22.37%
VGM:
-49.37%
VGT:
-54.63%
VGM:
-14.59%
VGT:
-0.48%
Returns By Period
In the year-to-date period, VGM achieves a 1.69% return, which is significantly lower than VGT's 3.59% return. Over the past 10 years, VGM has underperformed VGT with an annualized return of 2.75%, while VGT has yielded a comparatively higher 20.69% annualized return.
VGM
1.69%
0.74%
2.14%
10.27%
-0.13%
2.75%
VGT
3.59%
2.65%
11.60%
27.36%
19.98%
20.69%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 6.92%, more than VGT's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGM Invesco Trust for Investment Grade Municipals | 6.92% | 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 | 0.58% | 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 2.52%, while Vanguard Information Technology ETF (VGT) has a volatility of 7.78%. 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.