WEX vs. VGT

Last updated Jul 14, 2026

WEX (WEX Inc.) is a stock, while VGT (Vanguard Information Technology ETF) is Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. Over the past 10 years, WEX returned 5.46%/yr vs 24.67%/yr for VGT. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

WEX vs. VGT - Performance Comparison

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

Returns By Period

In the year-to-date period, WEX achieves a 7.44% return, which is significantly lower than VGT's 22.94% return. Over the past 10 years, WEX has underperformed VGT with an annualized return of 5.46%, while VGT has yielded a comparatively higher 24.67% annualized return.

WEX

• 1D: 1.63%
• 1M: 18.13%
• 6M: -0.47%
• YTD: 7.44%
• 1Y: 6.26%
• 3Y*: -6.15%
• 5Y*: -3.84%
• 10Y*: 5.46%

VGT

• 1D: -2.12%
• 1M: -0.88%
• 6M: 21.06%
• YTD: 22.94%
• 1Y: 38.55%
• 3Y*: 28.00%
• 5Y*: 18.46%
• 10Y*: 24.67%

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

WEX vs. VGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WEX WEX Inc.	7.44%	-15.02%	-9.88%	18.88%	16.57%	-31.02%	-2.83%	49.55%	-0.83%	26.55%
VGT Vanguard Information Technology ETF	22.94%	21.77%	29.30%	52.66%	-29.70%	30.45%	46.04%	48.62%	2.46%	37.08%

Correlation

The correlation between WEX and VGT is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.41
Correlation (10Y) Calculated over the trailing 10-year period	0.47
Correlation (All Time) Calculated using the full available price history since Feb 16, 2005	0.52

Over the past year, the correlation between WEX and VGT has dropped to 0.13 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.

Return for Risk

WEX vs. VGT — Risk / Return Rank

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

WEX

WEX Risk / Return Rank: 49
WEX Sharpe Ratio Rank: 52
WEX Sortino Ratio Rank: 46
WEX Omega Ratio Rank: 47
WEX Calmar Ratio Rank: 51
WEX Martin Ratio Rank: 52

VGT

VGT Risk / Return Rank: 57
VGT Sharpe Ratio Rank: 63
VGT Sortino Ratio Rank: 57
VGT Omega Ratio Rank: 57
VGT Calmar Ratio Rank: 59
VGT Martin Ratio Rank: 51

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.

WEX vs. VGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEX Inc. (WEX) 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.

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.

	WEX	VGT	Difference
Sharpe ratio: Return per unit of total volatility	0.16	1.66	-1.50
Sortino ratio: Return per unit of downside risk	0.48	2.17	-1.70
Omega ratio: Gain probability vs. loss probability	1.06	1.28	-0.22
Calmar ratio: Return relative to maximum drawdown	0.20	2.36	-2.16
Martin ratio: Return relative to average drawdown	0.43	6.86	-6.43

WEX vs. VGT - Sharpe Ratio Comparison

The current WEX Sharpe Ratio is 0.16, which is lower than the VGT Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of WEX and VGT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WEX vs. VGT - Drawdown Comparison

The maximum WEX drawdown since its inception was -78.96%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for WEX and VGT.

Drawdown Indicators

	WEX	VGT	Difference
Max Drawdown Largest peak-to-trough decline	-78.96%	-54.63%	-24.33%
Max Drawdown (1Y) Largest decline over 1 year	-31.40%	-16.40%	-15.00%
Max Drawdown (3Y) Largest decline over 3 years	-53.15%	-27.23%	-25.92%
Max Drawdown (5Y) Largest decline over 5 years	-53.15%	-35.07%	-18.08%
Max Drawdown (10Y) Largest decline over 10 years	-64.60%	-35.07%	-29.53%
Current Drawdown Current decline from peak	-33.92%	-7.99%	-25.93%
Average Drawdown Average peak-to-trough decline	-17.59%	-7.94%	-9.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.47%	5.63%	+8.84%

Volatility

WEX vs. VGT - Volatility Comparison

WEX Inc. (WEX) and Vanguard Information Technology ETF (VGT) have volatilities of 10.02% and 9.66%, 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.

Volatility by Period

	WEX	VGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.02%	9.66%	+0.36%
Volatility (6M) Calculated over the trailing 6-month period	33.74%	19.38%	+14.36%
Volatility (1Y) Calculated over the trailing 1-year period	38.60%	23.37%	+15.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.92%	25.69%	+11.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.08%	24.80%	+15.28%

Dividends

WEX vs. VGT - Dividend Comparison

WEX has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.37%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VGT Vanguard Information Technology ETF	0.37%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%
WEX WEX Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WEX and VGT in my portfolio?

WEX and VGT have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WEX or VGT?

WEX has higher volatility (10.02%) compared to VGT (9.66%). In terms of maximum drawdown, WEX dropped -78.96% vs VGT's -54.63%.

Which has better risk-adjusted returns?

VGT currently has the higher Sharpe Ratio (1.66 vs 0.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.