^SP600 vs. VOT
Compare and contrast key facts about S&P 600 (^SP600) and Vanguard Mid-Cap Growth ETF (VOT).
VOT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Mid Cap Growth Index. It was launched on Aug 17, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SP600 or VOT.
Key characteristics
| ^SP600 | VOT | |
|---|---|---|
| YTD Return | 5.04% | 4.52% |
| 1Y Return | 9.59% | 8.60% |
| 3Y Return (Ann) | 1.65% | -1.09% |
| 5Y Return (Ann) | 7.57% | 9.01% |
| 10Y Return (Ann) | 7.71% | 9.93% |
| Sharpe Ratio | 0.51 | 0.63 |
| Daily Std Dev | 18.83% | 14.62% |
| Max Drawdown | -59.17% | -60.17% |
| Current Drawdown | -5.54% | -12.20% |
Correlation
The correlation between ^SP600 and VOT is 0.85, 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. VOT - Performance Comparison
In the year-to-date period, ^SP600 achieves a 5.04% return, which is significantly higher than VOT's 4.52% return. Over the past 10 years, ^SP600 has underperformed VOT with an annualized return of 7.71%, while VOT has yielded a comparatively higher 9.93% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
^SP600 vs. VOT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 600 (^SP600) and Vanguard Mid-Cap Growth ETF (VOT). 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. VOT - Drawdown Comparison
The maximum ^SP600 drawdown since its inception was -59.17%, roughly equal to the maximum VOT drawdown of -60.17%. Use the drawdown chart below to compare losses from any high point for ^SP600 and VOT. For additional features, visit the drawdowns tool.
Volatility
^SP600 vs. VOT - Volatility Comparison
S&P 600 (^SP600) has a higher volatility of 6.29% compared to Vanguard Mid-Cap Growth ETF (VOT) at 4.62%. This indicates that ^SP600's price experiences larger fluctuations and is considered to be riskier than VOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.