VRNIX vs. VGT
Compare and contrast key facts about Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) and Vanguard Information Technology ETF (VGT).
VRNIX is managed by Vanguard. It was launched on Oct 15, 2010. 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: VRNIX or VGT.
Key characteristics
| VRNIX | VGT | |
|---|---|---|
| YTD Return | 26.60% | 29.40% |
| 1Y Return | 38.13% | 41.46% |
| 3Y Return (Ann) | 9.35% | 12.41% |
| 5Y Return (Ann) | 15.69% | 23.00% |
| 10Y Return (Ann) | 13.15% | 20.95% |
| Sharpe Ratio | 3.06 | 1.94 |
| Sortino Ratio | 4.08 | 2.51 |
| Omega Ratio | 1.57 | 1.35 |
| Calmar Ratio | 4.48 | 2.68 |
| Martin Ratio | 20.07 | 9.65 |
| Ulcer Index | 1.90% | 4.22% |
| Daily Std Dev | 12.43% | 20.96% |
| Max Drawdown | -34.57% | -54.63% |
| Current Drawdown | -0.31% | -0.41% |
Correlation
The correlation between VRNIX and VGT is 0.89, 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
VRNIX vs. VGT - Performance Comparison
In the year-to-date period, VRNIX achieves a 26.60% return, which is significantly lower than VGT's 29.40% return. Over the past 10 years, VRNIX has underperformed VGT with an annualized return of 13.15%, while VGT has yielded a comparatively higher 20.95% 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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VRNIX vs. VGT - Expense Ratio Comparison
VRNIX has a 0.07% expense ratio, which is lower than VGT's 0.10% expense ratio. Despite the difference, 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
VRNIX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) 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
VRNIX vs. VGT - Dividend Comparison
VRNIX's dividend yield for the trailing twelve months is around 1.21%, more than VGT's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VRNIX Vanguard Russell 1000 Index Fund Institutional Shares | 1.21% | 1.41% | 1.59% | 1.16% | 1.46% | 1.65% | 2.00% | 1.73% | 1.93% | 1.92% | 1.74% | 1.69% |
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
VRNIX vs. VGT - Drawdown Comparison
The maximum VRNIX drawdown since its inception was -34.57%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for VRNIX and VGT. For additional features, visit the drawdowns tool.
Volatility
VRNIX vs. VGT - Volatility Comparison
The current volatility for Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) is 3.91%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.28%. This indicates that VRNIX 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.