GLOW vs VGI
GLOW vs VGI
VictoryShares WestEnd Global Equity ETF vs Virtus Global Multi-Sector Income Fund
Quick Verdict
GLOW has a lower expense ratio. GLOW delivered stronger 1-year returns. VGI offers more diversification with 434 holdings.
Side-by-Side Comparison
| Metric | GLOW | VGI | Winner |
|---|---|---|---|
| Expense Ratio | 0.72% | 1.74% | |
| AUM | $63M | $88M | |
| Dividend Yield | 1.28% | 11.98% | |
| Holdings | 16 | 646 | |
| YTD Return | +14.31% | +1.47% | |
| 1Y Return | +25.58% | +5.12% | |
| 3Y Return (annualized) | - | +11.60% | |
| 5Y Return (annualized) | - | +2.10% | |
| Volatility (annualized) | 10.7% | 14.2% | |
| Max Drawdown | -15.6% | -63.3% | |
| Fund Family | Victory Capital Management Inc. | Virtus Investment Partners | |
| Category | Equity | Fixed Income | |
| Inception | Jun 21, 2024 | Feb 23, 2012 |
GLOW vs VGI Performance
VictoryShares WestEnd Global Equity ETF (GLOW) is a ETF from Victory Capital Management Inc. and Virtus Global Multi-Sector Income Fund (VGI) is a ETF from Virtus Investment Partners. Over the past year GLOW returned +25.58% while VGI returned +5.12%. Year to date, GLOW is up 14.31% versus a gain of 1.47% for VGI.
Risk: Volatility and Drawdowns
VGI has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 10.7% for GLOW. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -15.6% for GLOW and -63.3% for VGI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GLOW charges 0.72% per year while VGI charges 1.74%. On a $10,000 position that is $72 vs $174 annually, a gap of $102 per year that compounds over a long holding period. On income, GLOW currently yields 1.28% against 11.98% for VGI.
Holdings Overlap
GLOW and VGI share 0 holdings out of 449 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GLOW or VGI?
GLOW has an expense ratio of 0.72% while VGI charges 1.74%. GLOW is the cheaper option. On a $10,000 investment, that is $102 per year of difference.
Which performed better, GLOW or VGI?
Over the past year GLOW returned +25.58% vs +5.12% for VGI, so GLOW leads on 1-year performance. Over the longest common window we track (2 years), GLOW annualized +19.77% vs -2.38% for VGI. Past performance does not guarantee future results.
Which is riskier, GLOW or VGI?
VGI has been the more volatile fund at 14.2% annualized versus 10.7% for GLOW. Worst drawdown: GLOW -15.6% vs VGI -63.3%.
Should I hold both GLOW and VGI?
GLOW and VGI have a monthly-return correlation of 0.75, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GLOW and VGI?
GLOW and VGI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 449 unique securities.
Which pays a higher dividend, GLOW or VGI?
GLOW yields 1.28% while VGI yields 11.98%, so VGI currently pays the higher dividend yield.
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