VIG vs. COLO

Last updated Jun 9, 2026

VIG (Vanguard Dividend Appreciation ETF) and COLO (Global X MSCI Colombia ETF) are both exchange-traded funds - VIG is a Dividend fund tracking the S&P U.S. Dividend Growers Index, while COLO is a Latin America Equities fund tracking the MSCI All Colombia Select 25/50 Index. Both are passively managed. Over the past 10 years, VIG returned 13.05%/yr vs 5.85%/yr for COLO. At a 0.43 correlation, their price movements are largely independent. VIG charges 0.04%/yr vs 0.62%/yr for COLO.

Performance

VIG vs. COLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Dividend Appreciation ETF (VIG) and Global X MSCI Colombia ETF (COLO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VIG achieves a 6.58% return, which is significantly lower than COLO's 13.08% return. Over the past 10 years, VIG has outperformed COLO with an annualized return of 13.05%, while COLO has yielded a comparatively lower 5.85% annualized return.

VIG

• 1D: 0.03%
• 1M: 2.32%
• YTD: 6.58%
• 6M: 6.47%
• 1Y: 18.31%
• 3Y*: 16.04%
• 5Y*: 10.62%
• 10Y*: 13.05%

COLO

• 1D: 1.13%
• 1M: 8.01%
• YTD: 13.08%
• 6M: 13.71%
• 1Y: 45.86%
• 3Y*: 31.80%
• 5Y*: 14.02%
• 10Y*: 5.85%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VIG vs. COLO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VIG Vanguard Dividend Appreciation ETF	6.58%	14.17%	16.99%	14.51%	-9.80%	23.76%	15.43%	29.62%	-2.08%	22.22%
COLO Global X MSCI Colombia ETF	13.08%	68.88%	4.68%	24.92%	-21.32%	-11.50%	-14.60%	30.42%	-19.88%	11.88%

Correlation

The correlation between VIG and COLO is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (10Y) Calculated over the trailing 10-year period	0.41
Correlation (All Time) Calculated using the full available price history since Feb 10, 2009	0.43

VIG vs. COLO - Sectors Allocation Comparison

Sectors	VIG	COLO
Technology	26.2%	-
Financial Services	20.6%	39.3%
Healthcare	16.5%	-
Industrials	11.8%	2.4%
Consumer Defensive	10.1%	-
Consumer Cyclical	4.7%	1.5%
Energy	3.5%	17.3%
Basic Materials	3.5%	18.4%
Utilities	3.2%	17.7%
Communication Services	0.5%	3.4%
Real Estate	-	-

Return for Risk

VIG vs. COLO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VIG

VIG Risk / Return Rank: 58
VIG Sharpe Ratio Rank: 60
VIG Sortino Ratio Rank: 64
VIG Omega Ratio Rank: 58
VIG Calmar Ratio Rank: 52
VIG Martin Ratio Rank: 58

COLO

COLO Risk / Return Rank: 63
COLO Sharpe Ratio Rank: 70
COLO Sortino Ratio Rank: 70
COLO Omega Ratio Rank: 68
COLO Calmar Ratio Rank: 58
COLO Martin Ratio Rank: 47

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VIG vs. COLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Dividend Appreciation ETF (VIG) and Global X MSCI Colombia ETF (COLO). 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.

	VIG	COLO	Difference
Sharpe ratio: Return per unit of total volatility	1.82	2.06	-0.23
Sortino ratio: Return per unit of downside risk	2.65	2.84	-0.19
Omega ratio: Gain probability vs. loss probability	1.33	1.36	-0.04
Calmar ratio: Return relative to maximum drawdown	2.33	2.59	-0.27
Martin ratio: Return relative to average drawdown	9.37	7.04	+2.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VIG vs. COLO - Sharpe Ratio Comparison

The current VIG Sharpe Ratio is 1.82, which is comparable to the COLO Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of VIG and COLO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VIG	COLO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	2.06	-0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.61	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.82	0.23	+0.58
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.22	+0.38

Drawdowns

VIG vs. COLO - Drawdown Comparison

The maximum VIG drawdown since its inception was -46.81%, smaller than the maximum COLO drawdown of -78.91%. Use the drawdown chart below to compare losses from any high point for VIG and COLO.

Drawdown Indicators

	VIG	COLO	Difference
Max Drawdown Largest peak-to-trough decline	-46.81%	-78.91%	+32.10%
Max Drawdown (1Y) Largest decline over 1 year	-7.91%	-17.79%	+9.88%
Max Drawdown (3Y) Largest decline over 3 years	-14.95%	-18.35%	+3.40%
Max Drawdown (5Y) Largest decline over 5 years	-20.39%	-43.86%	+23.47%
Max Drawdown (10Y) Largest decline over 10 years	-31.72%	-62.75%	+31.03%
Current Drawdown Current decline from peak	-1.34%	-23.24%	+21.90%
Average Drawdown Average peak-to-trough decline	-5.51%	-40.31%	+34.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.96%	6.54%	-4.58%

Volatility

VIG vs. COLO - Volatility Comparison

The current volatility for Vanguard Dividend Appreciation ETF (VIG) is 2.42%, while Global X MSCI Colombia ETF (COLO) has a volatility of 11.02%. This indicates that VIG experiences smaller price fluctuations and is considered to be less risky than COLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VIG	COLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.42%	11.02%	-8.60%
Volatility (6M) Calculated over the trailing 6-month period	7.68%	19.61%	-11.93%
Volatility (1Y) Calculated over the trailing 1-year period	10.10%	22.43%	-12.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.24%	23.23%	-8.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.06%	25.43%	-9.37%

VIG vs. COLO - Expense Ratio Comparison

VIG has a 0.04% expense ratio, which is lower than COLO's 0.62% expense ratio.

Dividends

VIG vs. COLO - Dividend Comparison

VIG's dividend yield for the trailing twelve months is around 1.48%, less than COLO's 6.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COLO Global X MSCI Colombia ETF	6.64%	7.51%	6.08%	6.99%	12.55%	2.32%	3.23%	3.04%	3.03%	1.83%	1.48%	1.58%
VIG Vanguard Dividend Appreciation ETF	1.48%	1.62%	1.73%	1.88%	1.96%	1.55%	1.63%	1.71%	2.08%	1.88%	2.14%	2.34%

Frequently Asked Questions

Can I hold both VIG and COLO in my portfolio?

VIG and COLO have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VIG or COLO?

COLO has higher volatility (11.02%) compared to VIG (2.42%). In terms of maximum drawdown, VIG dropped -46.81% vs COLO's -78.91%.

Which ETF is better, VIG or COLO?

On 10-year performance, VIG leads with 13.05% vs 5.85% for COLO. On fees, VIG is cheaper at 0.04% per year. On volatility, VIG has been the lower-risk option at 2.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VIG or COLO?

Over the 10-year period, VIG has performed better with a 13.05% return vs 5.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VIG or COLO?

VIG is cheaper with a 0.04% expense ratio, compared with 0.62% for COLO.

Which ETF pays a higher dividend yield, VIG or COLO?

COLO has the higher dividend yield at 6.64%, compared with 1.48% for VIG.

What is the main difference between VIG and COLO?

VIG is categorized as Dividend, while COLO is Latin America Equities. VIG tracks S&P U.S. Dividend Growers Index, while COLO tracks MSCI All Colombia Select 25/50 Index. They also come from different issuers: Vanguard and Global X. Their fees differ too: 0.04% for VIG and 0.62% for COLO.

Which has better risk-adjusted returns?

COLO currently has the higher Sharpe Ratio (2.06 vs 1.82), 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.