^SP600 vs. VOO
Compare and contrast key facts about S&P 600 (^SP600) 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: ^SP600 or VOO.
Key characteristics
^SP600 | VOO | |
---|---|---|
YTD Return | 3.29% | 16.41% |
1Y Return | 13.48% | 24.99% |
3Y Return (Ann) | -0.20% | 8.31% |
5Y Return (Ann) | 7.94% | 14.91% |
10Y Return (Ann) | 7.32% | 12.69% |
Sharpe Ratio | 0.66 | 1.92 |
Daily Std Dev | 20.14% | 12.55% |
Max Drawdown | -59.17% | -33.99% |
Current Drawdown | -7.12% | -2.70% |
Correlation
The correlation between ^SP600 and VOO is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^SP600 vs. VOO - Performance Comparison
In the year-to-date period, ^SP600 achieves a 3.29% return, which is significantly lower than VOO's 16.41% return. Over the past 10 years, ^SP600 has underperformed VOO with an annualized return of 7.32%, while VOO has yielded a comparatively higher 12.69% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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
^SP600 vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 600 (^SP600) 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
^SP600 vs. VOO - Drawdown Comparison
The maximum ^SP600 drawdown since its inception was -59.17%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ^SP600 and VOO. For additional features, visit the drawdowns tool.
Volatility
^SP600 vs. VOO - Volatility Comparison
S&P 600 (^SP600) has a higher volatility of 6.36% compared to Vanguard S&P 500 ETF (VOO) at 4.46%. This indicates that ^SP600's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.