^AEX vs. VOO
^AEX (AEX Index) is an index, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, ^AEX returned 9.31%/yr vs 14.79%/yr for VOO. At a 0.49 correlation, their price movements are largely independent.
Performance
^AEX vs. VOO - Performance Comparison
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Different Trading Currencies
^AEX is traded in EUR, while VOO is traded in USD. To make them comparable, the VOO values have been converted to EUR using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with ^AEX having a 14.57% return and VOO slightly lower at 13.89%. Over the past 10 years, ^AEX has underperformed VOO with an annualized return of 9.31%, while VOO has yielded a comparatively higher 14.79% annualized return.
^AEX
- 1D
- 0.41%
- 1M
- 1.33%
- 6M
- 9.34%
- YTD
- 14.57%
- 1Y
- 18.04%
- 3Y*
- 11.85%
- 5Y*
- 8.07%
- 10Y*
- 9.31%
VOO
- 1D
- 0.00%
- 1M
- 1.25%
- 6M
- 11.52%
- YTD
- 13.89%
- 1Y
- 24.04%
- 3Y*
- 19.57%
- 5Y*
- 14.07%
- 10Y*
- 14.79%
^AEX vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
^AEX AEX Index | 14.57% | 8.27% | 11.67% | 14.20% | -13.65% | 27.75% | 3.31% | 23.92% | -10.41% | 12.71% |
VOO Vanguard S&P 500 ETF | 13.97% | 3.84% | 33.23% | 22.54% | -13.10% | 38.43% | 8.57% | 34.33% | -0.02% | 6.81% |
Correlation
The correlation between ^AEX and VOO is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.49 |
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Return for Risk
^AEX vs. VOO — Risk / Return Rank
^AEX
VOO
^AEX vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AEX Index (^AEX) and Vanguard S&P 500 ETF (VOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ^AEX | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.57 | ||
| Sortino ratioReturn per unit of downside risk | -0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.35 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.66 | 3.28 | -0.61 |
| Martin ratioReturn relative to average drawdown | 7.23 | 12.26 | -5.03 |
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Drawdowns
^AEX vs. VOO - Drawdown Comparison
The maximum ^AEX drawdown since its inception was -71.60%, which is greater than VOO's maximum drawdown of -33.49%. Use the drawdown chart below to compare losses from any high point for ^AEX and VOO.
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Drawdown Indicators
| ^AEX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.60% | -33.49% | -38.11% |
Max Drawdown (1Y)Largest decline over 1 year | -6.82% | -7.37% | +0.55% |
Max Drawdown (3Y)Largest decline over 3 years | -16.03% | -23.87% | +7.84% |
Max Drawdown (5Y)Largest decline over 5 years | -23.80% | -23.87% | +0.07% |
Max Drawdown (10Y)Largest decline over 10 years | -35.78% | -33.49% | -2.29% |
Current DrawdownCurrent decline from peak | 0.00% | -0.56% | +0.56% |
Average DrawdownAverage peak-to-trough decline | -25.60% | -4.02% | -21.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.39% | 1.97% | +0.42% |
Volatility
^AEX vs. VOO - Volatility Comparison
The current volatility for AEX Index (^AEX) is 3.11%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.29%. This indicates that ^AEX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ^AEX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.11% | 3.29% | -0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 10.29% | 9.18% | +1.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.41% | 12.57% | +0.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.40% | 16.77% | -1.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.95% | 18.54% | -2.59% |
Frequently Asked Questions
^AEX and VOO have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VOO has higher volatility (3.29%) compared to ^AEX (3.11%). In terms of maximum drawdown, ^AEX dropped -71.60% vs VOO's -33.49%.
VOO currently has the higher Sharpe Ratio (1.92 vs 1.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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