VVOAX vs. VGT
Compare and contrast key facts about Invesco Value Opportunities Fund (VVOAX) and Vanguard Information Technology ETF (VGT).
VVOAX is managed by Invesco. It was launched on Jun 25, 2001. 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: VVOAX or VGT.
Key characteristics
| VVOAX | VGT | |
|---|---|---|
| YTD Return | 35.38% | 29.70% |
| 1Y Return | 52.65% | 44.81% |
| 3Y Return (Ann) | 8.67% | 12.42% |
| 5Y Return (Ann) | 13.61% | 23.16% |
| 10Y Return (Ann) | 5.45% | 21.13% |
| Sharpe Ratio | 2.90 | 2.08 |
| Sortino Ratio | 3.73 | 2.66 |
| Omega Ratio | 1.51 | 1.37 |
| Calmar Ratio | 3.14 | 2.89 |
| Martin Ratio | 19.04 | 10.41 |
| Ulcer Index | 2.70% | 4.22% |
| Daily Std Dev | 17.73% | 21.11% |
| Max Drawdown | -65.29% | -54.63% |
| Current Drawdown | 0.00% | -0.18% |
Correlation
The correlation between VVOAX and VGT is 0.70, 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
VVOAX vs. VGT - Performance Comparison
In the year-to-date period, VVOAX achieves a 35.38% return, which is significantly higher than VGT's 29.70% return. Over the past 10 years, VVOAX has underperformed VGT with an annualized return of 5.45%, while VGT has yielded a comparatively higher 21.13% 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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VVOAX vs. VGT - Expense Ratio Comparison
VVOAX has a 1.22% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
VVOAX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Value Opportunities Fund (VVOAX) 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
VVOAX vs. VGT - Dividend Comparison
VVOAX's dividend yield for the trailing twelve months is around 0.15%, less than VGT's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VVOAX Invesco Value Opportunities Fund | 0.15% | 0.21% | 0.75% | 0.60% | 0.25% | 0.00% | 0.00% | 0.00% | 0.16% | 1.15% | 1.72% | 1.00% |
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
VVOAX vs. VGT - Drawdown Comparison
The maximum VVOAX drawdown since its inception was -65.29%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for VVOAX and VGT. For additional features, visit the drawdowns tool.
Volatility
VVOAX vs. VGT - Volatility Comparison
Invesco Value Opportunities Fund (VVOAX) and Vanguard Information Technology ETF (VGT) have volatilities of 6.32% and 6.35%, 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.