VTV vs. RAYS

Last updated Jun 13, 2026

VTV (Vanguard Value ETF) and RAYS (Global X Solar ETF) are both exchange-traded funds - VTV is a Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index, while RAYS is a Alternative Energy Equities fund tracking the Solactive Solar Index. Both are passively managed. VTV charges 0.04%/yr vs 0.50%/yr for RAYS.

Performance

VTV vs. RAYS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Value ETF (VTV) and Global X Solar ETF (RAYS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VTV

• 1D: 0.93%
• 1M: 4.18%
• YTD: 14.29%
• 6M: 13.99%
• 1Y: 26.89%
• 3Y*: 18.16%
• 5Y*: 11.76%
• 10Y*: 12.78%

RAYS

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VTV vs. RAYS - Yearly Performance Comparison

	2026 (YTD)
VTV Vanguard Value ETF	7.82%
RAYS Global X Solar ETF	0.00%

VTV vs. RAYS - Sectors Allocation Comparison

Sectors	VTV	RAYS
Financial Services	22.3%	-
Healthcare	14.5%	-
Industrials	14.0%	21.4%
Technology	13.4%	66.9%
Consumer Defensive	9.4%	-
Energy	8.1%	-
Utilities	5.2%	6.8%
Consumer Cyclical	4.0%	4.0%
Communication Services	3.3%	-
Basic Materials	3.1%	0.9%
Real Estate	2.8%	-

Return for Risk

VTV vs. RAYS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VTV

VTV Risk / Return Rank: 88
VTV Sharpe Ratio Rank: 89
VTV Sortino Ratio Rank: 90
VTV Omega Ratio Rank: 87
VTV Calmar Ratio Rank: 87
VTV Martin Ratio Rank: 87

RAYS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VTV vs. RAYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Value ETF (VTV) and Global X Solar ETF (RAYS). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VTV	RAYS	Difference
Sharpe ratio: Return per unit of total volatility	2.61	—	—
Sortino ratio: Return per unit of downside risk	3.71	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	4.25	—	—
Martin ratio: Return relative to average drawdown	16.04	—	—

Drawdowns

VTV vs. RAYS - Drawdown Comparison

The maximum VTV drawdown since its inception was -59.27%, which is greater than RAYS's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for VTV and RAYS.

Drawdown Indicators

	VTV	RAYS	Difference
Max Drawdown Largest peak-to-trough decline	-59.27%	0.00%	-59.27%
Max Drawdown (1Y) Largest decline over 1 year	-6.35%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.52%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.04%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.78%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.86%	0.00%	-7.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	—	—

Volatility

Volatility by Period

	VTV	RAYS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.82%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.38%	0.00%	+10.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.92%	0.00%	+13.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.68%	0.00%	+16.68%

VTV vs. RAYS - Expense Ratio Comparison

VTV has a 0.04% expense ratio, which is lower than RAYS's 0.50% expense ratio.

Dividends

VTV vs. RAYS - Dividend Comparison

VTV's dividend yield for the trailing twelve months is around 1.83%, while RAYS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RAYS Global X Solar ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTV Vanguard Value ETF	1.83%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%

Frequently Asked Questions

Which ETF is better, VTV or RAYS?

On fees, VTV is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VTV or RAYS?

VTV is cheaper with a 0.04% expense ratio, compared with 0.50% for RAYS.

Which ETF pays a higher dividend yield, VTV or RAYS?

VTV has the higher dividend yield at 1.83%, compared with 0.00% for RAYS.

What is the main difference between VTV and RAYS?

VTV is categorized as Large Cap Value Equities, while RAYS is Alternative Energy Equities. VTV tracks CRSP US Large Cap Value Index, while RAYS tracks Solactive Solar Index. They also come from different issuers: Vanguard and Global X. Their fees differ too: 0.04% for VTV and 0.50% for RAYS.