VOX vs. VGT
Compare and contrast key facts about Vanguard Communication Services ETF (VOX) and Vanguard Information Technology ETF (VGT).
VOX and VGT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VOX is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Telecommunication Services 25/50 Index. It was launched on Sep 23, 2004. 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. Both VOX and VGT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VOX or VGT.
Key characteristics
| VOX | VGT | |
|---|---|---|
| YTD Return | 32.51% | 28.88% |
| 1Y Return | 40.55% | 37.56% |
| 3Y Return (Ann) | 3.64% | 12.24% |
| 5Y Return (Ann) | 12.21% | 22.70% |
| 10Y Return (Ann) | 7.73% | 20.89% |
| Sharpe Ratio | 2.76 | 1.95 |
| Sortino Ratio | 3.61 | 2.51 |
| Omega Ratio | 1.49 | 1.35 |
| Calmar Ratio | 1.74 | 2.69 |
| Martin Ratio | 19.77 | 9.68 |
| Ulcer Index | 2.20% | 4.22% |
| Daily Std Dev | 15.76% | 20.95% |
| Max Drawdown | -57.18% | -54.63% |
| Current Drawdown | -0.50% | -0.81% |
Correlation
The correlation between VOX and VGT is 0.71, 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
VOX vs. VGT - Performance Comparison
In the year-to-date period, VOX achieves a 32.51% return, which is significantly higher than VGT's 28.88% return. Over the past 10 years, VOX has underperformed VGT with an annualized return of 7.73%, while VGT has yielded a comparatively higher 20.89% annualized 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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VOX vs. VGT - Expense Ratio Comparison
Both VOX and VGT 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
VOX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Communication Services ETF (VOX) 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
VOX vs. VGT - Dividend Comparison
VOX's dividend yield for the trailing twelve months is around 0.95%, more than VGT's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VOX Vanguard Communication Services ETF | 0.95% | 1.03% | 0.88% | 0.93% | 0.74% | 0.90% | 2.77% | 3.83% | 2.67% | 3.55% | 2.66% | 3.88% |
VGT Vanguard Information Technology ETF | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
VOX vs. VGT - Drawdown Comparison
The maximum VOX drawdown since its inception was -57.18%, roughly equal to the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for VOX and VGT. For additional features, visit the drawdowns tool.
Volatility
VOX vs. VGT - Volatility Comparison
The current volatility for Vanguard Communication Services ETF (VOX) is 4.01%, while Vanguard Information Technology ETF (VGT) has a volatility of 5.97%. This indicates that VOX 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.