VGT vs QQQ comparison¶

VGT vs QQQ performance comment¶

Market Performance Metrics Overview¶

Metric	VGT	QQQ
High	512.94	429.85
Low	460.48	395.34
Close	507.47	425.83
Start Price	471.29	402.59
Gain %	7.68%	5.77%
Annualized Gain %	116.75%	87.79%
Annualized Volatility %	16.69%	13.96%
Max Drawdown %	-1.93%	-1.57%
Sharpe Ratio	7.54	6.83

Insights and Commentary¶

Gain %¶

Both markets experienced positive gains over the 60-day period, with VGT outperforming QQQ with a gain of 7.68% compared to QQQ's 5.77%. This indicates that VGT had stronger growth momentum during this period.

Annualized Gain %¶

The annualized gain percentage measures the average increase in the value of an investment over a period. VGT shows an annualized gain of 116.75%, while QQQ has an annualized gain of 87.79%. This suggests that VGT has historically provided higher returns on investment compared to QQQ.

Annualized Volatility %¶

Annualized volatility measures the degree of variation of a trading price series over time. VGT has a higher annualized volatility of 16.69% compared to QQQ's 13.96%. This indicates that VGT's returns have fluctuated more widely compared to QQQ, implying potentially higher risk associated with VGT.

Max Drawdown %¶

The maximum drawdown represents the largest peak-to-trough decline over a specific period. Both VGT and QQQ experienced minimal drawdowns, with VGT at -1.93% and QQQ at -1.57%. This suggests that both markets have shown resilience and relatively low downside risk during the observed period.

Sharpe Ratio¶

The Sharpe ratio measures the risk-adjusted return of an investment or trading strategy. VGT has a higher Sharpe ratio of 7.54 compared to QQQ's 6.83, indicating that VGT has delivered superior risk-adjusted returns relative to its volatility compared to QQQ.

Overall, while both VGT and QQQ displayed positive performance during the 60-day period, VGT's higher gain percentages, annualized gain, and Sharpe ratio suggest that it may have been the more favorable investment option for this specific timeframe. However, investors should consider the implications of VGT's higher volatility and conduct further analysis before making investment decisions.

VGT YTD Return (Daily)¶

Comment on YTD Total Returns Results of VGT¶

Historical Performance¶

The YTD Open for VGT was 477.67, with the YTD High reaching 512.94 and the YTD Low at 460.48. The YTD Close was reported at 507.47, indicating a YTD Gain % of 7.68%. The YTD Annualized Gain % was calculated at 116.75%, with an YTD Annualized Volatility % of 16.69%. The YTD Max Drawdown % was reported at -1.93%, showcasing a minimal downside risk. The YTD Sharpe Ratio was a significant 7.54, demonstrating the strong risk-adjusted return for the year.

Previous Year Performance¶

In the last year, VGT reported an Annualized Gain % of 54.14%, with an Annualized Volatility % of 18.81%. The Max Drawdown in the previous year was recorded at -12.87%. The Sharpe Ratio for the last year was 2.42, suggesting a favorable risk-adjusted performance.

Historical Trends¶

The Historical Annualized Volatility (excluding the current year) was 22.41%, higher than the YTD Volatility, indicating a potential increased risk in previous years. The Historical Annualized Gain (excluding the current year) was 14.95%, suggesting strong average returns in preceding years. The Max Drawdown in historical data (excluding the current year) was a significant -54.63%, highlighting the potential risk of large losses in the long term. The Average Sharpe Ratio for All Years (Excluding Last) was 0.67, indicating a relatively lower risk-adjusted return for the years excluding the last.

Current Market Condition¶

The Current last close for VGT is 507.47, and the Current last 5 days gain % stands at 4.43%. The Current MA 200 is at 431.59, with the Current MA 50 at 472.19 and the Current MA 5 at 500.85. The Current average annualized volatility is 18.38%, with the Average annualized volatility a month ago at 11.50%.

Conclusion¶

The current market conditions for VGT show a strong performance, with the price trading above both the MA 200 and MA 50 levels. The YTD performance indicates a positive trend, with a strong Sharpe Ratio and minimal drawdown. However, investors should remain cautious as the historical data highlights potential long-term risks and increased volatility in the market.

VGT Annual Dividends¶

Year	Annual Dividend	Dividend Yield
2023	$3.12	0.65%
2022	$2.91	0.84%
2021	$2.92	0.64%
2020	$2.91	0.84%
2019	$2.72	1.14%

VGT Montly Dividends¶

Year	Mar	Jun	Sep	Dec
2023	$0.77	$0.68	$0.88	$0.79
2022	$0.68	$0.6	$0.76	$0.87
2021	$0.63	$0.59	$0.89	$0.82
2020	$0.84	$0.67	$0.71	$0.69
2019	$0.6	$0.64	$0.83	$0.65
2018	$0.38	$0.49	$0.65	$0.64
2017	$0.36	$0.41	$0.42	$0.44
2016	$0.41	$0.35	$0.4	$0.43
2015	0.0	0.0	$0.99	$0.4
2014	0.0	0.0	0.0	$1.17
2013	0.0	0.0	0.0	$0.94
2012	0.0	0.0	0.0	$0.83
2011	0.0	0.0	0.0	$0.49
2010	0.0	0.0	0.0	$0.36
2009	0.0	0.0	0.0	$0.25
2008	0.0	0.0	0.0	$0.33
2007	0.0	0.0	0.0	$0.17
2006	0.0	0.0	0.0	$0.14
2005	0.0	0.0	0.0	$0.09
2004	0.0	0.0	0.0	$0.61

Published: 2024-01-25

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