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^SP600 vs. VOO

Last updated Feb 24, 2024

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


^SP600VOO
YTD Return-1.73%6.86%
1Y Return3.05%28.82%
3Y Return (Ann)0.18%11.15%
5Y Return (Ann)5.59%14.66%
10Y Return (Ann)6.99%12.76%
Sharpe Ratio0.182.39
Daily Std Dev20.31%12.34%
Max Drawdown-59.17%-33.99%
Current Drawdown-11.63%0.00%

Correlation

0.83
-1.001.00

The correlation between ^SP600 and VOO is 0.83, 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.

^SP600 vs. VOO - Performance Comparison

In the year-to-date period, ^SP600 achieves a -1.73% return, which is significantly lower than VOO's 6.86% return. Over the past 10 years, ^SP600 has underperformed VOO with an annualized return of 6.99%, while VOO has yielded a comparatively higher 12.76% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%15.00%SeptemberOctoberNovemberDecember2024February
8.26%
16.40%
^SP600
VOO

Compare stocks, funds, or ETFs


S&P 600

Vanguard S&P 500 ETF

^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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
^SP600
S&P 600
0.18
VOO
Vanguard S&P 500 ETF
2.39

^SP600 vs. VOO - Sharpe Ratio Comparison

The current ^SP600 Sharpe Ratio is 0.18, which is lower than the VOO Sharpe Ratio of 2.39. The chart below compares the 12-month rolling Sharpe Ratio of ^SP600 and VOO.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00SeptemberOctoberNovemberDecember2024February
0.18
2.39
^SP600
VOO

^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%. The drawdown chart below compares losses from any high point along the way for ^SP600 and VOO


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2024February
-11.63%
0
^SP600
VOO

^SP600 vs. VOO - Volatility Comparison

S&P 600 (^SP600) has a higher volatility of 6.86% compared to Vanguard S&P 500 ETF (VOO) at 3.94%. 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.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%SeptemberOctoberNovemberDecember2024February
6.86%
3.94%
^SP600
VOO