^AXAF vs. VOO
Compare and contrast key facts about S&P/ASX All Australian 50 Index (^AXAF) and Vanguard S&P 500 ETF (VOO).
VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^AXAF or VOO.
Correlation
The correlation between ^AXAF and VOO is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
^AXAF vs. VOO - Performance Comparison
Key characteristics
^AXAF:
0.40
VOO:
0.56
^AXAF:
0.71
VOO:
0.92
^AXAF:
1.10
VOO:
1.13
^AXAF:
0.45
VOO:
0.58
^AXAF:
1.64
VOO:
2.25
^AXAF:
3.82%
VOO:
4.83%
^AXAF:
13.25%
VOO:
19.11%
^AXAF:
-51.77%
VOO:
-33.99%
^AXAF:
-4.61%
VOO:
-7.55%
Returns By Period
In the year-to-date period, ^AXAF achieves a -0.26% return, which is significantly higher than VOO's -3.28% return. Over the past 10 years, ^AXAF has underperformed VOO with an annualized return of 3.49%, while VOO has yielded a comparatively higher 12.40% annualized return.
^AXAF
-0.26%
8.59%
-1.07%
4.36%
8.76%
3.49%
VOO
-3.28%
13.71%
-4.52%
10.70%
15.89%
12.40%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
^AXAF vs. VOO — Risk-Adjusted Performance Rank
^AXAF
VOO
^AXAF vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P/ASX All Australian 50 Index (^AXAF) 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.
Drawdowns
^AXAF vs. VOO - Drawdown Comparison
The maximum ^AXAF drawdown since its inception was -51.77%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ^AXAF and VOO. For additional features, visit the drawdowns tool.
Volatility
^AXAF vs. VOO - Volatility Comparison
The current volatility for S&P/ASX All Australian 50 Index (^AXAF) is 6.20%, while Vanguard S&P 500 ETF (VOO) has a volatility of 6.83%. This indicates that ^AXAF 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.