VLTO vs. VGT
Compare and contrast key facts about Veralto Corporation (VLTO) and Vanguard Information Technology ETF (VGT).
VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLTO or VGT.
Correlation
The correlation between VLTO and VGT is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
VLTO vs. VGT - Performance Comparison
Key characteristics
VLTO:
0.16
VGT:
0.09
VLTO:
0.37
VGT:
0.33
VLTO:
1.05
VGT:
1.05
VLTO:
0.14
VGT:
0.10
VLTO:
0.42
VGT:
0.38
VLTO:
8.27%
VGT:
7.15%
VLTO:
21.88%
VGT:
29.35%
VLTO:
-24.73%
VGT:
-54.63%
VLTO:
-20.55%
VGT:
-18.65%
Returns By Period
In the year-to-date period, VLTO achieves a -11.47% return, which is significantly higher than VGT's -15.33% return.
VLTO
-11.47%
-7.95%
-20.04%
0.62%
N/A
N/A
VGT
-15.33%
-6.49%
-11.70%
4.70%
18.75%
18.64%
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Risk-Adjusted Performance
VLTO vs. VGT — Risk-Adjusted Performance Rank
VLTO
VGT
VLTO vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Veralto Corporation (VLTO) and Vanguard Information Technology ETF (VGT). 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
VLTO vs. VGT - Dividend Comparison
VLTO's dividend yield for the trailing twelve months is around 0.44%, less than VGT's 0.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLTO Veralto Corporation | 0.44% | 0.37% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.61% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
Drawdowns
VLTO vs. VGT - Drawdown Comparison
The maximum VLTO drawdown since its inception was -24.73%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for VLTO and VGT. For additional features, visit the drawdowns tool.
Volatility
VLTO vs. VGT - Volatility Comparison
The current volatility for Veralto Corporation (VLTO) is 11.40%, while Vanguard Information Technology ETF (VGT) has a volatility of 18.07%. This indicates that VLTO experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.