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Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
XFUNDS Technology Income ETF (VGTX) currently reports a ROE of -5.7%. That is below the sector sector average of 11.85%. Use the charts on this page to explore XFUNDS Technology Income ETF's ROE history and peer comparisons.
XFUNDS Technology Income ETF's ROE of -5.7% is lower than the its sector sector average of 11.85%. That is roughly 148.1% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' ROE, but XFUNDS Technology Income ETF's current -5.7% should be judged against industry norms (sector average: 11.85%) and against VGTX's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current ROE of -5.7%, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is 11.85%. From there, open related valuation or income-statement pages for XFUNDS Technology Income ETF, and consider following VGTX for alerts when major investors trade the stock.