VAW vs TOTL

Comparison between VANGUARD MATERIALS INDEX FUND ETF SHARES (VAW, ETF) and SPDR DOUBLELINE TOTAL RETURN TACTICAL ETF (TOTL, ETF).

5-Year PerformanceVAW has outperformed TOTL, delivering a return of +5.7% compared to +0.7%

VAW vs TOTL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VAW(ETF)	TOTL(ETF)
Net Assets	$4.30B	$4.20B
Expense Ratio	0.09%	0.55%
Max Drawdown	63.47%	25.48%
Sharpe Ratio	1.33	0.28
5Y Beta	0.85	0.02
P/E Ratio	33.83	N/A
Forward P/E	18.45	N/A
5Y Dividends CAGR	14.00%	10.60%
5Y EPS CAGR	19.68%	N/A
Debt to Equity	53.11%	N/A
P/S Ratio	2.09	N/A
P/B Ratio	3.04	N/A

Net Assets

Winner

VAW

$4.30B

TOTL

$4.20B

Expense Ratio

Winner

VAW

0.09%

TOTL

0.55%

Max Drawdown

VAW

63.47%

Winner

TOTL

25.48%

Sharpe Ratio

Winner

VAW

1.33

TOTL

0.28

5Y Beta

VAW

0.85

Winner

TOTL

0.02

P/E Ratio

VAW

33.83

TOTL

N/A

Forward P/E

VAW

18.45

TOTL

N/A

5Y Dividends CAGR

Winner

VAW

14.00%

TOTL

10.60%

5Y EPS CAGR

VAW

19.68%

TOTL

N/A

Debt to Equity

VAW

53.11%

TOTL

N/A

P/S Ratio

VAW

2.09

TOTL

N/A

P/B Ratio

VAW

3.04

TOTL

N/A

VAW vs TOTL - Historical Returns

Returns include dividend reinvestment.

Period	VAW	TOTL
1 month	-0.60%	+0.07%
3 months	-1.58%	-0.45%
6 months	+20.78%	+0.61%
1 year	+26.93%	+5.16%
5 years(CAGR)	+5.67%	+0.70%
10 years(CAGR)	+10.80%	+1.72%
Max(CAGR)	+9.27%	+1.76%

VAW

-0.60%

Winner

TOTL

+0.07%

VAW

-1.58%

Winner

TOTL

-0.45%

Winner

VAW

+20.78%

TOTL

+0.61%

Winner

VAW

+26.93%

TOTL

+5.16%

5Y(CAGR)

Winner

VAW

+5.67%

TOTL

+0.70%

10Y(CAGR)

Winner

VAW

+10.80%

TOTL

+1.72%

Max(CAGR)

Winner

VAW

+9.27%

TOTL

+1.76%

VAW vs TOTL - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	VAW	TOTL
2026	+10.98%	+0.06%
2025	+13.45%	+7.65%
2024	+0.72%	+3.51%
2023	+13.72%	+5.14%
2022	-10.82%	-11.37%
2021	+28.37%	-0.98%
2020	+20.65%	+3.42%
2019	+22.95%	+7.11%
2018	-18.75%	+0.95%
2017	+22.77%	+3.49%
2016	+23.44%	+2.64%
2015	-10.48%	-0.28%
2014	+6.67%	N/A
2013	+21.70%	N/A
2012	+14.15%	N/A
2011	-10.25%	N/A
2010	+20.83%	N/A
2009	+45.94%	N/A
2008	-46.00%	N/A
2007	+26.82%	N/A
2006	+17.74%	N/A
2005	+4.50%	N/A
2004	+21.63%	N/A

VAW vs TOTL Drawdown Comparison

The maximum drawdown for VAW was -62.12%, occurring on Mar 9, 2009. Recovery took 1170 trading sessions.

The maximum drawdown for TOTL was -16.48%, occurring on Nov 7, 2022. Recovery took 1001 trading sessions.

The current VAW drawdown is -4.11%. The current TOTL drawdown is -1.57%.

Rank	VAW	TOTL
#1	-62.12% May 16, 2008 - Jan 9, 2013	-16.48% Sep 2, 2021 - Aug 29, 2025
#2	-41.14% Jan 26, 2018 - Sep 1, 2020	-7.29% Mar 6, 2020 - Jul 30, 2020
#3	-27.23% Feb 24, 2015 - Nov 15, 2016	-3.29% Sep 29, 2016 - Apr 18, 2017
#4	-25.49% Apr 20, 2022 - Feb 29, 2024	-3.04% Sep 5, 2017 - Jan 3, 2019
#5	-23.20% Oct 18, 2024 - Dec 26, 2025	-2.79% Feb 27, 2026 - Mar 27, 2026
#6	-16.60% May 9, 2006 - Nov 22, 2006	-1.99% Jan 27, 2021 - Sep 2, 2021
#7	-16.36% Mar 4, 2005 - Jan 26, 2006	-1.41% Oct 4, 2019 - Jan 3, 2020
#8	-15.95% Jul 19, 2007 - Oct 9, 2007	-1.35% Oct 14, 2015 - Feb 8, 2016
#9	-15.12% Dec 10, 2007 - Apr 4, 2008	-1.31% Sep 4, 2019 - Oct 3, 2019
#10	-13.42% Feb 27, 2026 - Mar 20, 2026	-1.22% Apr 20, 2015 - Oct 2, 2015
#11	-12.15% Sep 5, 2014 - Feb 13, 2015	-1.13% Aug 6, 2020 - Dec 11, 2020
#12	-12.02% Mar 1, 2004 - Sep 2, 2004	-1.00% Oct 22, 2025 - Nov 25, 2025
#13	-11.29% Oct 31, 2007 - Dec 10, 2007	-0.94% Jun 26, 2017 - Aug 1, 2017
#14	-10.81% Jan 4, 2022 - Mar 25, 2022	-0.80% Feb 24, 2015 - Mar 23, 2015
#15	-10.71% May 17, 2021 - Nov 8, 2021	-0.77% Nov 26, 2025 - Dec 29, 2025

Correlation

Correlation between VAW and TOTL is 0.63 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.63

-101

Dividend Comparison (2004 - 2026)

VAW vs TOTL dividend yield comparison.

Year	VAW	TOTL
2026	0.34%	1.65%
2025	1.55%	5.23%
2024	1.70%	5.35%
2023	1.72%	4.85%
2022	1.98%	4.68%
2021	1.44%	3.07%
2020	1.67%	2.91%
2019	1.94%	3.31%
2018	2.03%	3.41%
2017	1.63%	3.00%
2016	1.67%	3.25%
2015	2.30%	2.67%
2014	1.76%	0.00%
2013	1.84%	0.00%
2012	1.87%	0.00%
2011	2.16%	0.00%
2010	2.18%	0.00%
2009	1.36%	0.00%
2008	3.52%	0.00%
2007	1.45%	0.00%
2006	1.61%	0.00%
2005	1.61%	0.00%
2004	1.66%	0.00%