VPN vs. IGPT
Compare and contrast key facts about Global X Data Center REITs & Digital Infrastructure ETF (VPN) and Invesco AI and Next Gen Software ETF (IGPT).
VPN and IGPT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VPN is a passively managed fund by Global X that tracks the performance of the Solactive Data Center REITs & Digital Infrastructure Index. It was launched on Oct 27, 2020. IGPT is a passively managed fund by Invesco that tracks the performance of the STOXX World AC NexGen Software Development Index. It was launched on Jun 23, 2005. Both VPN and IGPT 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: VPN or IGPT.
Key characteristics
| VPN | IGPT | |
|---|---|---|
| YTD Return | 19.55% | 23.57% |
| 1Y Return | 35.44% | 41.24% |
| 3Y Return (Ann) | 1.13% | 5.17% |
| Sharpe Ratio | 1.92 | 1.75 |
| Sortino Ratio | 2.77 | 2.34 |
| Omega Ratio | 1.33 | 1.30 |
| Calmar Ratio | 1.26 | 1.32 |
| Martin Ratio | 7.26 | 5.99 |
| Ulcer Index | 4.78% | 6.82% |
| Daily Std Dev | 18.06% | 23.39% |
| Max Drawdown | -39.01% | -48.44% |
| Current Drawdown | -2.08% | -4.12% |
Correlation
The correlation between VPN and IGPT is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VPN vs. IGPT - Performance Comparison
In the year-to-date period, VPN achieves a 19.55% return, which is significantly lower than IGPT's 23.57% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VPN vs. IGPT - Expense Ratio Comparison
VPN has a 0.50% expense ratio, which is lower than IGPT's 0.60% expense ratio.
Risk-Adjusted Performance
VPN vs. IGPT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Data Center REITs & Digital Infrastructure ETF (VPN) and Invesco AI and Next Gen Software ETF (IGPT). 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
VPN vs. IGPT - Dividend Comparison
VPN's dividend yield for the trailing twelve months is around 1.17%, while IGPT has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
VPN Global X Data Center REITs & Digital Infrastructure ETF | 1.17% | 1.18% | 2.57% | 0.85% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IGPT Invesco AI and Next Gen Software ETF | 0.00% | 0.00% | 4.23% | 18.63% | 0.11% | 0.15% | 0.00% | 0.00% | 0.10% | 0.44% | 0.29% |
Drawdowns
VPN vs. IGPT - Drawdown Comparison
The maximum VPN drawdown since its inception was -39.01%, smaller than the maximum IGPT drawdown of -48.44%. Use the drawdown chart below to compare losses from any high point for VPN and IGPT. For additional features, visit the drawdowns tool.
Volatility
VPN vs. IGPT - Volatility Comparison
The current volatility for Global X Data Center REITs & Digital Infrastructure ETF (VPN) is 5.93%, while Invesco AI and Next Gen Software ETF (IGPT) has a volatility of 6.61%. This indicates that VPN experiences smaller price fluctuations and is considered to be less risky than IGPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.