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ABBV vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ABBV and VOO is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.4

Performance

ABBV vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AbbVie Inc. (ABBV) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

300.00%400.00%500.00%600.00%700.00%800.00%JulyAugustSeptemberOctoberNovemberDecember
732.28%
414.52%
ABBV
VOO

Key characteristics

Sharpe Ratio

ABBV:

0.86

VOO:

2.30

Sortino Ratio

ABBV:

1.18

VOO:

3.05

Omega Ratio

ABBV:

1.19

VOO:

1.43

Calmar Ratio

ABBV:

1.07

VOO:

3.39

Martin Ratio

ABBV:

2.91

VOO:

15.10

Ulcer Index

ABBV:

7.03%

VOO:

1.90%

Daily Std Dev

ABBV:

23.76%

VOO:

12.48%

Max Drawdown

ABBV:

-45.09%

VOO:

-33.99%

Current Drawdown

ABBV:

-11.71%

VOO:

-0.76%

Returns By Period

In the year-to-date period, ABBV achieves a 20.40% return, which is significantly lower than VOO's 28.23% return. Over the past 10 years, ABBV has outperformed VOO with an annualized return of 15.09%, while VOO has yielded a comparatively lower 13.23% annualized return.


ABBV

YTD

20.40%

1M

1.72%

6M

7.24%

1Y

20.43%

5Y*

20.00%

10Y*

15.09%

VOO

YTD

28.23%

1M

1.30%

6M

11.10%

1Y

28.67%

5Y*

15.07%

10Y*

13.23%

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Risk-Adjusted Performance

ABBV vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AbbVie Inc. (ABBV) 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 ratio
The chart of Sharpe ratio for ABBV, currently valued at 0.86, compared to the broader market-4.00-2.000.002.000.862.30
The chart of Sortino ratio for ABBV, currently valued at 1.18, compared to the broader market-4.00-2.000.002.004.001.183.05
The chart of Omega ratio for ABBV, currently valued at 1.19, compared to the broader market0.501.001.502.001.191.43
The chart of Calmar ratio for ABBV, currently valued at 1.07, compared to the broader market0.002.004.006.001.073.39
The chart of Martin ratio for ABBV, currently valued at 2.91, compared to the broader market0.0010.0020.002.9115.10
ABBV
VOO

The current ABBV Sharpe Ratio is 0.86, which is lower than the VOO Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of ABBV and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
0.86
2.30
ABBV
VOO

Dividends

ABBV vs. VOO - Dividend Comparison

ABBV's dividend yield for the trailing twelve months is around 3.44%, more than VOO's 1.21% yield.


TTM20232022202120202019201820172016201520142013
ABBV
AbbVie Inc.
3.44%3.82%3.49%3.84%4.41%4.83%3.89%2.65%3.64%3.41%2.54%3.03%
VOO
Vanguard S&P 500 ETF
1.21%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

ABBV vs. VOO - Drawdown Comparison

The maximum ABBV drawdown since its inception was -45.09%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ABBV and VOO. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.71%
-0.76%
ABBV
VOO

Volatility

ABBV vs. VOO - Volatility Comparison

AbbVie Inc. (ABBV) has a higher volatility of 5.89% compared to Vanguard S&P 500 ETF (VOO) at 3.90%. This indicates that ABBV'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.


0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
5.89%
3.90%
ABBV
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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