VGT vs SPY comparison¶

VGT vs SPY performance comment¶

Market Performance Metrics Overview¶

Metric	VGT	SPY
High	512.94	488.77
Low	460.48	466.43
Close	507.47	485.39
Start Price	471.29	472.65
Gain %	7.68%	2.70%
Annualized Gain %	116.75%	40.99%
Annualized Volatility %	16.69%	10.06%
Max Drawdown %	-1.93%	-1.14%
Sharpe Ratio	7.54	4.49

The table above provides a summary of key performance metrics for the VGT and SPY markets over the 60-day period. These metrics offer valuable insights into the comparative performance and risk profiles of the two markets.

Insight on Gain and Annualized Gain¶

Both markets experienced positive gains during the period, with VGT achieving a 7.68% increase and SPY realizing a 2.70% gain. However, when annualized, VGT's gain stands out significantly higher at 116.75%, compared to SPY's 40.99%. This indicates that VGT has produced higher returns over a one-year period relative to its risk.

Annualized Volatility¶

The annualized volatility provides an indication of the markets' stability and risk. VGT's volatility was 16.69%, while SPY's was 10.06%. This suggests that VGT exhibited greater price fluctuation over the period, potentially introducing higher risk compared to SPY.

Max Drawdown¶

Max drawdown measures the peak-to-trough decline during a specific period. VGT's drawdown was -1.93%, while SPY's was -1.14%. This indicates that VGT experienced a slightly deeper decline from its peak compared to SPY.

Sharpe Ratio¶

The Sharpe ratio evaluates the risk-adjusted return of an investment. VGT's Sharpe ratio of 7.54 outperformed SPY's 4.49, suggesting that VGT delivered superior risk-adjusted returns compared to SPY during the 60-day period.

The comparison of these key metrics indicates that VGT outperformed SPY in terms of both returns and risk-adjusted returns during the specified timeframe. However, the higher volatility of VGT suggests that it may carry a higher level of risk. Investors should consider these factors when making investment decisions.

VGT YTD Return (Daily)¶

Comment on YTD Total Returns Results of VGT¶

VGT Performance Overview¶

The Year-to-Date (YTD) Open for the VGT was 477.67, reaching a high of YTD High at 512.94 and a low of YTD Low at 460.48, and closing at 507.47, resulting in a YTD Gain of 7.68%. The Annualized Gain for the current year stands at a remarkable 116.75%, with an equally impressive Sharpe Ratio of 7.54. The YTD Annualized Volatility of the VGT is at 16.69%, while the YTD Max Drawdown is reported at -1.93%, indicating a relatively low level of risk due to an almost non-existent drawdown.

Historical Performance Analysis¶

The Last Year Annualized Gain for VGT was at 54.14%, with an annualized volatility of 18.81% and a maximum drawdown of -12.87%. The Average Sharpe Ratio for All Years (Excluding Last) stood at 0.67. The Historical Annualized Volatility (excluding current year) has been at 22.41%, while the Historical Annualized Gain (excluding current year) sits at 14.95%. The Max Drawdown in Data (excluding current year) was at -54.63%, indicating a significant level of risk at certain points in the past.

Current Market Conditions¶

The current Last Close for VGT is at 507.47, and the Last 5 Days Gain is at 4.43%. The Moving Averages (MA) provide additional insights into the current market conditions: the MA 200 is at 431.59, the MA 50 is at 472.19, and the MA 5 is at 500.85. The Current Average Annualized Volatility stands at 18.38%, with the Average Annualized Volatility a Month Ago notably lower at 11.50%. In terms of the moving averages, the current price of VGT is above both the MA 200 and MA 50, which generally signals a bullish trend. However, the current price is slightly below the MA 5, indicating a potential short-term downtrend. Considering the data presented, the performance of VGT throughout the year has been notably strong, with consistently high gains and low volatility. Although there is a slight downturn in the short term, the overall market conditions appear to be trending positively, likely due to the robust performance throughout the year.

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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