VGT vs. SGOV
VGT (Vanguard Information Technology ETF) and SGOV (iShares 0-3 Month Treasury Bond ETF) are both exchange-traded funds - VGT is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index, while SGOV is a Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Both are passively managed. Over the past 5 years, VGT returned 20.82%/yr vs 3.55%/yr for SGOV. At a correlation of -0.01, they often move in opposite directions. Both charge a 0.09% expense ratio.
Performance
VGT vs. SGOV - Performance Comparison
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Returns By Period
In the year-to-date period, VGT achieves a 24.57% return, which is significantly higher than SGOV's 1.56% return.
VGT
- 1D
- 1.71%
- 1M
- 4.28%
- YTD
- 24.57%
- 6M
- 21.33%
- 1Y
- 50.38%
- 3Y*
- 31.24%
- 5Y*
- 20.82%
- 10Y*
- 25.14%
SGOV
- 1D
- 0.01%
- 1M
- 0.28%
- YTD
- 1.56%
- 6M
- 1.80%
- 1Y
- 3.95%
- 3Y*
- 4.70%
- 5Y*
- 3.55%
- 10Y*
- —
VGT vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VGT Vanguard Information Technology ETF | 24.57% | 21.77% | 29.30% | 52.66% | -29.70% | 30.45% | 38.17% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.56% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.05% |
Correlation
The correlation between VGT and SGOV is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since May 29, 2020 | -0.01 |
The correlation between VGT and SGOV shifts across timeframes, from -0.15 (1 year) to -0.00 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
VGT vs. SGOV — Risk / Return Rank
VGT
SGOV
VGT vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Information Technology ETF (VGT) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
| VGT | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -17.93 | ||
| Sortino ratioReturn per unit of downside risk | -272.79 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 195.55 | -194.16 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 398.20 | -395.11 |
| Martin ratioReturn relative to average drawdown | 9.77 | 4,461.99 | -4,452.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VGT | SGOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.35 | 20.28 | -17.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 14.78 | -13.95 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.02 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 12.50 | -11.84 |
Drawdowns
VGT vs. SGOV - Drawdown Comparison
The maximum VGT drawdown since its inception was -54.63%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for VGT and SGOV.
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Drawdown Indicators
| VGT | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.63% | -0.03% | -54.60% |
Max Drawdown (1Y)Largest decline over 1 year | -16.40% | -0.01% | -16.39% |
Max Drawdown (3Y)Largest decline over 3 years | -27.23% | -0.01% | -27.22% |
Max Drawdown (5Y)Largest decline over 5 years | -35.07% | -0.03% | -35.04% |
Max Drawdown (10Y)Largest decline over 10 years | -35.07% | — | — |
Current DrawdownCurrent decline from peak | -6.77% | 0.00% | -6.77% |
Average DrawdownAverage peak-to-trough decline | -7.95% | -0.00% | -7.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.17% | 0.00% | +5.17% |
Volatility
VGT vs. SGOV - Volatility Comparison
Vanguard Information Technology ETF (VGT) has a higher volatility of 9.39% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that VGT's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VGT | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.39% | 0.06% | +9.33% |
Volatility (6M)Calculated over the trailing 6-month period | 17.44% | 0.13% | +17.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.58% | 0.20% | +21.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.33% | 0.24% | +25.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.69% | 0.24% | +24.45% |
VGT vs. SGOV - Expense Ratio Comparison
Both VGT and SGOV have an expense ratio of 0.09%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
VGT vs. SGOV - Dividend Comparison
VGT's dividend yield for the trailing twelve months is around 0.33%, less than SGOV's 3.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SGOV iShares 0-3 Month Treasury Bond ETF | 3.85% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.33% | 0.40% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% |
Frequently Asked Questions
VGT and SGOV have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VGT has higher volatility (9.39%) compared to SGOV (0.06%). In terms of maximum drawdown, VGT dropped -54.63% vs SGOV's -0.03%.
On 5-year performance, VGT leads with 20.82% vs 3.55% for SGOV. Both ETFs have the same 0.09% expense ratio. On volatility, SGOV has been the lower-risk option at 0.06%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, VGT has performed better with a 20.82% return vs 3.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VGT and SGOV have the same expense ratio: 0.09% per year.
SGOV has the higher dividend yield at 3.85%, compared with 0.33% for VGT.
VGT is categorized as Technology Equities, while SGOV is Ultrashort Bond. VGT tracks MSCI USA IMI Information Technology 25/50 Index, while SGOV tracks ICE 0-3 Month US Treasury Securities Index. They also come from different issuers: Vanguard and iShares.
SGOV currently has the higher Sharpe Ratio (20.28 vs 2.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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