^XNDX vs. VGT
Compare and contrast key facts about NASDAQ 100 Total Return Index (^XNDX) and Vanguard Information Technology ETF (VGT).
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: ^XNDX or VGT.
Correlation
The correlation between ^XNDX and VGT is 0.88, 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
^XNDX vs. VGT - Performance Comparison
Key characteristics
^XNDX:
0.47
VGT:
0.39
^XNDX:
0.82
VGT:
0.71
^XNDX:
1.11
VGT:
1.10
^XNDX:
0.52
VGT:
0.41
^XNDX:
1.70
VGT:
1.34
^XNDX:
6.93%
VGT:
8.30%
^XNDX:
25.24%
VGT:
29.76%
^XNDX:
-53.42%
VGT:
-54.63%
^XNDX:
-9.37%
VGT:
-11.63%
Returns By Period
In the year-to-date period, ^XNDX achieves a -4.29% return, which is significantly higher than VGT's -8.02% return. Over the past 10 years, ^XNDX has underperformed VGT with an annualized return of 17.46%, while VGT has yielded a comparatively higher 19.31% annualized return.
^XNDX
-4.29%
17.42%
-4.56%
11.81%
17.82%
17.46%
VGT
-8.02%
21.43%
-8.47%
11.41%
18.79%
19.31%
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Risk-Adjusted Performance
^XNDX vs. VGT — Risk-Adjusted Performance Rank
^XNDX
VGT
^XNDX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NASDAQ 100 Total Return Index (^XNDX) 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.
Drawdowns
^XNDX vs. VGT - Drawdown Comparison
The maximum ^XNDX drawdown since its inception was -53.42%, roughly equal to the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for ^XNDX and VGT. For additional features, visit the drawdowns tool.
Volatility
^XNDX vs. VGT - Volatility Comparison
The current volatility for NASDAQ 100 Total Return Index (^XNDX) is 13.81%, while Vanguard Information Technology ETF (VGT) has a volatility of 15.45%. This indicates that ^XNDX 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.