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

Key characteristics


ABSIVOO
YTD Return3.57%19.63%
1Y Return109.13%27.16%
Sharpe Ratio1.272.48
Daily Std Dev92.63%11.13%
Max Drawdown-96.20%-33.99%
Current Drawdown-85.64%0.00%

Correlation

-0.50.00.51.00.4

The correlation between ABSI and VOO is 0.43, 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.

Performance

ABSI vs. VOO - Performance Comparison

In the year-to-date period, ABSI achieves a 3.57% return, which is significantly lower than VOO's 19.63% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-80.00%-60.00%-40.00%-20.00%0.00%20.00%40.00%FebruaryMarchAprilMayJuneJuly
-79.85%
35.78%
ABSI
VOO

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Absci Corporation

Vanguard S&P 500 ETF

Risk-Adjusted Performance

ABSI vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Absci Corporation (ABSI) 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.


ABSI
Sharpe ratio
The chart of Sharpe ratio for ABSI, currently valued at 1.27, compared to the broader market-2.00-1.000.001.002.003.001.27
Sortino ratio
The chart of Sortino ratio for ABSI, currently valued at 2.05, compared to the broader market-4.00-2.000.002.004.006.002.05
Omega ratio
The chart of Omega ratio for ABSI, currently valued at 1.23, compared to the broader market0.501.001.502.001.23
Calmar ratio
The chart of Calmar ratio for ABSI, currently valued at 1.22, compared to the broader market0.002.004.006.001.22
Martin ratio
The chart of Martin ratio for ABSI, currently valued at 3.88, compared to the broader market-5.000.005.0010.0015.0020.0025.003.88
VOO
Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 2.48, compared to the broader market-2.00-1.000.001.002.003.002.48
Sortino ratio
The chart of Sortino ratio for VOO, currently valued at 3.45, compared to the broader market-4.00-2.000.002.004.006.003.45
Omega ratio
The chart of Omega ratio for VOO, currently valued at 1.44, compared to the broader market0.501.001.502.001.44
Calmar ratio
The chart of Calmar ratio for VOO, currently valued at 2.38, compared to the broader market0.002.004.006.002.38
Martin ratio
The chart of Martin ratio for VOO, currently valued at 9.58, compared to the broader market-5.000.005.0010.0015.0020.0025.009.58

ABSI vs. VOO - Sharpe Ratio Comparison

The current ABSI Sharpe Ratio is 1.27, which is lower than the VOO Sharpe Ratio of 2.48. The chart below compares the 12-month rolling Sharpe Ratio of ABSI and VOO.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50FebruaryMarchAprilMayJuneJuly
1.27
2.48
ABSI
VOO

Dividends

ABSI vs. VOO - Dividend Comparison

ABSI has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.28%.


TTM20232022202120202019201820172016201520142013
ABSI
Absci Corporation
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
1.28%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

ABSI vs. VOO - Drawdown Comparison

The maximum ABSI drawdown since its inception was -96.20%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ABSI and VOO. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%FebruaryMarchAprilMayJuneJuly
-85.64%
0
ABSI
VOO

Volatility

ABSI vs. VOO - Volatility Comparison

Absci Corporation (ABSI) has a higher volatility of 33.46% compared to Vanguard S&P 500 ETF (VOO) at 2.01%. This indicates that ABSI'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%10.00%20.00%30.00%40.00%FebruaryMarchAprilMayJuneJuly
33.46%
2.01%
ABSI
VOO