VITAX vs. VTWAX
Compare and contrast key facts about Vanguard Information Technology Index Fund Admiral Shares (VITAX) and Vanguard Total World Stock Index Fund Admiral Shares (VTWAX).
VITAX is a passively managed fund by Vanguard that tracks the performance of the MSCI US IMI Info Technology 25/50. It was launched on Mar 25, 2004. VTWAX is managed by Vanguard. It was launched on Feb 7, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VITAX or VTWAX.
Key characteristics
| VITAX | VTWAX | |
|---|---|---|
| YTD Return | 1.25% | 3.74% |
| 1Y Return | 29.52% | 17.91% |
| 3Y Return (Ann) | 9.96% | 3.80% |
| 5Y Return (Ann) | 19.12% | 9.27% |
| Sharpe Ratio | 1.52 | 1.46 |
| Daily Std Dev | 18.48% | 11.37% |
| Max Drawdown | -54.81% | -34.20% |
| Current Drawdown | -7.57% | -3.76% |
Correlation
The correlation between VITAX and VTWAX is 0.87, 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
VITAX vs. VTWAX - Performance Comparison
In the year-to-date period, VITAX achieves a 1.25% return, which is significantly lower than VTWAX's 3.74% 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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VITAX vs. VTWAX - Expense Ratio Comparison
Both VITAX and VTWAX have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VITAX vs. VTWAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Information Technology Index Fund Admiral Shares (VITAX) and Vanguard Total World Stock Index Fund Admiral Shares (VTWAX). 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
VITAX vs. VTWAX - Dividend Comparison
VITAX's dividend yield for the trailing twelve months is around 0.74%, less than VTWAX's 2.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VITAX Vanguard Information Technology Index Fund Admiral Shares | 0.74% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.04% |
VTWAX Vanguard Total World Stock Index Fund Admiral Shares | 2.12% | 2.06% | 2.17% | 1.79% | 1.64% | 2.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VITAX vs. VTWAX - Drawdown Comparison
The maximum VITAX drawdown since its inception was -54.81%, which is greater than VTWAX's maximum drawdown of -34.20%. Use the drawdown chart below to compare losses from any high point for VITAX and VTWAX. For additional features, visit the drawdowns tool.
Volatility
VITAX vs. VTWAX - Volatility Comparison
Vanguard Information Technology Index Fund Admiral Shares (VITAX) has a higher volatility of 6.53% compared to Vanguard Total World Stock Index Fund Admiral Shares (VTWAX) at 3.65%. This indicates that VITAX's price experiences larger fluctuations and is considered to be riskier than VTWAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.