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VTIVX vs. VGT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

VTIVX vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Target Retirement 2045 Fund (VTIVX) and Vanguard Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
7.83%
15.02%
VTIVX
VGT

Returns By Period

In the year-to-date period, VTIVX achieves a 15.23% return, which is significantly lower than VGT's 28.63% return. Over the past 10 years, VTIVX has underperformed VGT with an annualized return of 8.58%, while VGT has yielded a comparatively higher 20.73% annualized return.


VTIVX

YTD

15.23%

1M

0.10%

6M

7.83%

1Y

21.65%

5Y (annualized)

9.81%

10Y (annualized)

8.58%

VGT

YTD

28.63%

1M

2.11%

6M

15.02%

1Y

35.48%

5Y (annualized)

22.76%

10Y (annualized)

20.73%

Key characteristics


VTIVXVGT
Sharpe Ratio2.221.71
Sortino Ratio3.082.24
Omega Ratio1.401.31
Calmar Ratio3.022.36
Martin Ratio14.338.49
Ulcer Index1.53%4.24%
Daily Std Dev9.91%20.98%
Max Drawdown-51.69%-54.63%
Current Drawdown-1.22%-1.01%

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VTIVX vs. VGT - Expense Ratio Comparison

VTIVX has a 0.08% 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%.


VGT
Vanguard Information Technology ETF
Expense ratio chart for VGT: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%
Expense ratio chart for VTIVX: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Correlation

-0.50.00.51.00.8

The correlation between VTIVX and VGT is 0.85, 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.

Risk-Adjusted Performance

VTIVX vs. VGT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2045 Fund (VTIVX) 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.


Sharpe ratio
The chart of Sharpe ratio for VTIVX, currently valued at 2.22, compared to the broader market-1.000.001.002.003.004.005.002.221.71
The chart of Sortino ratio for VTIVX, currently valued at 3.08, compared to the broader market0.005.0010.003.082.24
The chart of Omega ratio for VTIVX, currently valued at 1.40, compared to the broader market1.002.003.004.001.401.31
The chart of Calmar ratio for VTIVX, currently valued at 3.02, compared to the broader market0.005.0010.0015.0020.003.022.36
The chart of Martin ratio for VTIVX, currently valued at 14.33, compared to the broader market0.0020.0040.0060.0080.00100.0014.338.49
VTIVX
VGT

The current VTIVX Sharpe Ratio is 2.22, which is comparable to the VGT Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of VTIVX and VGT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.22
1.71
VTIVX
VGT

Dividends

VTIVX vs. VGT - Dividend Comparison

VTIVX's dividend yield for the trailing twelve months is around 1.98%, more than VGT's 0.60% yield.


TTM20232022202120202019201820172016201520142013
VTIVX
Vanguard Target Retirement 2045 Fund
1.98%2.28%2.13%2.22%1.60%2.23%2.39%1.90%1.99%2.17%2.05%1.88%
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

VTIVX vs. VGT - Drawdown Comparison

The maximum VTIVX drawdown since its inception was -51.69%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for VTIVX and VGT. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.22%
-1.01%
VTIVX
VGT

Volatility

VTIVX vs. VGT - Volatility Comparison

The current volatility for Vanguard Target Retirement 2045 Fund (VTIVX) is 2.65%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.47%. This indicates that VTIVX 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.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
2.65%
6.47%
VTIVX
VGT