VPU vs. FUTY
Compare and contrast key facts about Vanguard Utilities ETF (VPU) and Fidelity MSCI Utilities Index ETF (FUTY).
VPU and FUTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VPU is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Utilities 25/50 Index. It was launched on Jan 26, 2004. FUTY is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Utilities Index. It was launched on Oct 21, 2013. Both VPU and FUTY 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: VPU or FUTY.
Key characteristics
| VPU | FUTY | |
|---|---|---|
| YTD Return | 5.54% | 5.47% |
| 1Y Return | -0.91% | -0.98% |
| 3Y Return (Ann) | 3.21% | 3.19% |
| 5Y Return (Ann) | 5.37% | 5.39% |
| 10Y Return (Ann) | 7.78% | 7.76% |
| Sharpe Ratio | 0.01 | 0.02 |
| Daily Std Dev | 16.96% | 16.88% |
| Max Drawdown | -46.31% | -36.44% |
| Current Drawdown | -10.13% | -10.17% |
Correlation
The correlation between VPU and FUTY is 1.00, 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
VPU vs. FUTY - Performance Comparison
The year-to-date returns for both stocks are quite close, with VPU having a 5.54% return and FUTY slightly lower at 5.47%. Both investments have delivered pretty close results over the past 10 years, with VPU having a 7.78% annualized return and FUTY not far behind at 7.76%. 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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VPU vs. FUTY - Expense Ratio Comparison
VPU has a 0.10% expense ratio, which is higher than FUTY's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
VPU vs. FUTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Utilities ETF (VPU) and Fidelity MSCI Utilities Index ETF (FUTY). 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
VPU vs. FUTY - Dividend Comparison
VPU's dividend yield for the trailing twelve months is around 3.30%, more than FUTY's 3.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VPU Vanguard Utilities ETF | 3.30% | 3.49% | 2.98% | 2.70% | 3.17% | 2.83% | 3.23% | 3.18% | 3.19% | 3.63% | 3.02% | 3.76% |
FUTY Fidelity MSCI Utilities Index ETF | 3.23% | 3.31% | 2.72% | 2.70% | 3.07% | 2.82% | 3.11% | 3.03% | 3.35% | 4.33% | 3.04% | 0.86% |
Drawdowns
VPU vs. FUTY - Drawdown Comparison
The maximum VPU drawdown since its inception was -46.31%, which is greater than FUTY's maximum drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for VPU and FUTY. For additional features, visit the drawdowns tool.
Volatility
VPU vs. FUTY - Volatility Comparison
Vanguard Utilities ETF (VPU) and Fidelity MSCI Utilities Index ETF (FUTY) have volatilities of 4.39% and 4.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.