AAAU vs. VOO
Compare and contrast key facts about Goldman Sachs Physical Gold ETF (AAAU) and Vanguard S&P 500 ETF (VOO).
AAAU and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AAAU is a passively managed fund by Goldman Sachs that tracks the performance of the LBMA Gold PM Price. It was launched on Jul 26, 2018. 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. Both AAAU and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAAU or VOO.
Performance
AAAU vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, AAAU achieves a 27.46% return, which is significantly higher than VOO's 25.48% return.
AAAU
27.46%
-3.20%
8.55%
32.92%
12.29%
N/A
VOO
25.48%
0.99%
11.84%
31.84%
15.62%
13.15%
Key characteristics
| AAAU | VOO | |
|---|---|---|
| Sharpe Ratio | 2.22 | 2.69 |
| Sortino Ratio | 2.97 | 3.59 |
| Omega Ratio | 1.39 | 1.50 |
| Calmar Ratio | 4.03 | 3.89 |
| Martin Ratio | 13.19 | 17.64 |
| Ulcer Index | 2.48% | 1.86% |
| Daily Std Dev | 14.72% | 12.20% |
| Max Drawdown | -21.63% | -33.99% |
| Current Drawdown | -5.55% | -1.40% |
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AAAU vs. VOO - Expense Ratio Comparison
AAAU has a 0.18% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between AAAU and VOO is 0.08, 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.
Risk-Adjusted Performance
AAAU vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Physical Gold ETF (AAAU) 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.
Dividends
AAAU vs. VOO - Dividend Comparison
AAAU has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.25%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAAU Goldman Sachs Physical Gold ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
AAAU vs. VOO - Drawdown Comparison
The maximum AAAU drawdown since its inception was -21.63%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for AAAU and VOO. For additional features, visit the drawdowns tool.
Volatility
AAAU vs. VOO - Volatility Comparison
Goldman Sachs Physical Gold ETF (AAAU) has a higher volatility of 5.67% compared to Vanguard S&P 500 ETF (VOO) at 4.10%. This indicates that AAAU'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.