VICE vs. INDEX
Compare and contrast key facts about AdvisorShares Vice ETF (VICE) and Index Funds S&P 500 Equal Weight (INDEX).
VICE is an actively managed fund by AdvisorShares. It was launched on Dec 12, 2017. INDEX is managed by Fidelity. It was launched on Mar 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VICE or INDEX.
Key characteristics
| VICE | INDEX | |
|---|---|---|
| YTD Return | 21.89% | 26.66% |
| 1Y Return | 26.64% | 34.95% |
| 3Y Return (Ann) | 0.73% | 7.65% |
| 5Y Return (Ann) | 7.50% | 13.21% |
| Sharpe Ratio | 2.11 | 3.12 |
| Sortino Ratio | 2.97 | 4.19 |
| Omega Ratio | 1.37 | 1.59 |
| Calmar Ratio | 1.09 | 4.17 |
| Martin Ratio | 11.01 | 20.86 |
| Ulcer Index | 2.74% | 1.86% |
| Daily Std Dev | 14.27% | 12.45% |
| Max Drawdown | -38.27% | -38.82% |
| Current Drawdown | -7.55% | -0.26% |
Correlation
The correlation between VICE and INDEX is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VICE vs. INDEX - Performance Comparison
In the year-to-date period, VICE achieves a 21.89% return, which is significantly lower than INDEX's 26.66% 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. INDEX - Expense Ratio Comparison
VICE has a 0.99% expense ratio, which is higher than INDEX's 0.25% expense ratio.
Risk-Adjusted Performance
VICE vs. INDEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Vice ETF (VICE) and Index Funds S&P 500 Equal Weight (INDEX). 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. INDEX - Dividend Comparison
VICE's dividend yield for the trailing twelve months is around 1.39%, more than INDEX's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
VICE AdvisorShares Vice ETF | 1.39% | 1.69% | 0.96% | 0.44% | 1.20% | 2.47% | 1.72% | 0.17% | 0.00% | 0.00% |
INDEX Index Funds S&P 500 Equal Weight | 1.24% | 1.56% | 1.21% | 1.09% | 1.53% | 1.61% | 1.82% | 1.15% | 1.15% | 1.19% |
Drawdowns
VICE vs. INDEX - Drawdown Comparison
The maximum VICE drawdown since its inception was -38.27%, roughly equal to the maximum INDEX drawdown of -38.82%. Use the drawdown chart below to compare losses from any high point for VICE and INDEX. For additional features, visit the drawdowns tool.
Volatility
VICE vs. INDEX - Volatility Comparison
AdvisorShares Vice ETF (VICE) and Index Funds S&P 500 Equal Weight (INDEX) have volatilities of 3.59% and 3.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.