VICE vs. FTEC
Compare and contrast key facts about AdvisorShares Vice ETF (VICE) and Fidelity MSCI Information Technology Index ETF (FTEC).
VICE and FTEC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VICE is an actively managed fund by AdvisorShares. It was launched on Dec 12, 2017. FTEC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Information Technology Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VICE or FTEC.
Key characteristics
| VICE | FTEC | |
|---|---|---|
| YTD Return | 4.08% | 5.56% |
| 1Y Return | -0.08% | 37.24% |
| 3Y Return (Ann) | -6.24% | 12.62% |
| 5Y Return (Ann) | 3.13% | 20.21% |
| Sharpe Ratio | -0.03 | 1.99 |
| Daily Std Dev | 14.87% | 18.43% |
| Max Drawdown | -38.27% | -34.95% |
| Current Drawdown | -21.06% | -3.76% |
Correlation
The correlation between VICE and FTEC is 0.64, 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.
Performance
VICE vs. FTEC - Performance Comparison
In the year-to-date period, VICE achieves a 4.08% return, which is significantly lower than FTEC's 5.56% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VICE vs. FTEC - Expense Ratio Comparison
VICE has a 0.99% expense ratio, which is higher than FTEC's 0.08% expense ratio.
Risk-Adjusted Performance
VICE vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Vice ETF (VICE) and Fidelity MSCI Information Technology Index ETF (FTEC). 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
VICE vs. FTEC - Dividend Comparison
VICE's dividend yield for the trailing twelve months is around 1.63%, more than FTEC's 0.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VICE AdvisorShares Vice ETF | 1.63% | 1.69% | 0.96% | 0.44% | 1.20% | 2.47% | 1.72% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.73% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% | 0.18% |
Drawdowns
VICE vs. FTEC - Drawdown Comparison
The maximum VICE drawdown since its inception was -38.27%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for VICE and FTEC. For additional features, visit the drawdowns tool.
Volatility
VICE vs. FTEC - Volatility Comparison
The current volatility for AdvisorShares Vice ETF (VICE) is 4.43%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 7.15%. This indicates that VICE experiences smaller price fluctuations and is considered to be less risky than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.