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

Correlation

The correlation between ABCL and VOO is 0.32, 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.


-0.50.00.51.00.3

Performance

ABCL vs. VOO - Performance Comparison

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

-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-7.82%
7.92%
ABCL
VOO

Key characteristics

Sharpe Ratio

ABCL:

-0.94

VOO:

2.04

Sortino Ratio

ABCL:

-1.50

VOO:

2.72

Omega Ratio

ABCL:

0.84

VOO:

1.38

Calmar Ratio

ABCL:

-0.55

VOO:

3.02

Martin Ratio

ABCL:

-1.23

VOO:

13.60

Ulcer Index

ABCL:

42.39%

VOO:

1.88%

Daily Std Dev

ABCL:

55.57%

VOO:

12.52%

Max Drawdown

ABCL:

-95.94%

VOO:

-33.99%

Current Drawdown

ABCL:

-95.40%

VOO:

-3.52%

Returns By Period

In the year-to-date period, ABCL achieves a -52.54% return, which is significantly lower than VOO's 24.65% return.


ABCL

YTD

-52.54%

1M

0.00%

6M

-7.82%

1Y

-50.09%

5Y*

N/A

10Y*

N/A

VOO

YTD

24.65%

1M

-0.29%

6M

7.63%

1Y

24.77%

5Y*

14.57%

10Y*

13.02%

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Risk-Adjusted Performance

ABCL vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AbCellera Biologics Inc. (ABCL) 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 ABCL, currently valued at -0.94, compared to the broader market-4.00-2.000.002.00-0.941.98
The chart of Sortino ratio for ABCL, currently valued at -1.50, compared to the broader market-4.00-2.000.002.004.00-1.502.65
The chart of Omega ratio for ABCL, currently valued at 0.84, compared to the broader market0.501.001.502.000.841.37
The chart of Calmar ratio for ABCL, currently valued at -0.55, compared to the broader market0.002.004.006.00-0.552.93
The chart of Martin ratio for ABCL, currently valued at -1.23, compared to the broader market0.0010.0020.00-1.2313.12
ABCL
VOO

The current ABCL Sharpe Ratio is -0.94, which is lower than the VOO Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of ABCL 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 Ratio-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-0.94
1.98
ABCL
VOO

Dividends

ABCL vs. VOO - Dividend Comparison

ABCL has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.26%.


TTM20232022202120202019201820172016201520142013
ABCL
AbCellera Biologics Inc.
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
0.92%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

ABCL vs. VOO - Drawdown Comparison

The maximum ABCL drawdown since its inception was -95.94%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ABCL and VOO. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-95.40%
-3.52%
ABCL
VOO

Volatility

ABCL vs. VOO - Volatility Comparison

AbCellera Biologics Inc. (ABCL) has a higher volatility of 15.21% compared to Vanguard S&P 500 ETF (VOO) at 3.56%. This indicates that ABCL'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%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
15.21%
3.56%
ABCL
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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