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

Correlation

The correlation between ABSI 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

ABSI vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Absci Corporation (ABSI) 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%30.00%40.00%AugustSeptemberOctoberNovemberDecember
-17.58%
7.41%
ABSI
VOO

Key characteristics

Sharpe Ratio

ABSI:

-0.42

VOO:

2.00

Sortino Ratio

ABSI:

-0.11

VOO:

2.68

Omega Ratio

ABSI:

0.99

VOO:

1.37

Calmar Ratio

ABSI:

-0.41

VOO:

2.98

Martin Ratio

ABSI:

-1.06

VOO:

13.18

Ulcer Index

ABSI:

35.41%

VOO:

1.91%

Daily Std Dev

ABSI:

90.06%

VOO:

12.60%

Max Drawdown

ABSI:

-96.20%

VOO:

-33.99%

Current Drawdown

ABSI:

-91.35%

VOO:

-2.88%

Returns By Period


ABSI

YTD

0.00%

1M

-14.10%

6M

-11.78%

1Y

-37.62%

5Y*

N/A

10Y*

N/A

VOO

YTD

25.48%

1M

-1.94%

6M

8.60%

1Y

25.48%

5Y*

14.64%

10Y*

13.16%

*Annualized

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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.


Sharpe ratio
The chart of Sharpe ratio for ABSI, currently valued at -0.42, compared to the broader market-4.00-2.000.002.00-0.422.03
The chart of Sortino ratio for ABSI, currently valued at -0.11, compared to the broader market-4.00-2.000.002.004.00-0.112.71
The chart of Omega ratio for ABSI, currently valued at 0.99, compared to the broader market0.501.001.502.000.991.38
The chart of Calmar ratio for ABSI, currently valued at -0.41, compared to the broader market0.002.004.006.00-0.413.02
The chart of Martin ratio for ABSI, currently valued at -1.06, compared to the broader market0.005.0010.0015.0020.0025.00-1.0613.33
ABSI
VOO

The current ABSI Sharpe Ratio is -0.42, which is lower than the VOO Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of ABSI 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 Ratio0.001.002.003.004.00AugustSeptemberOctoberNovemberDecember
-0.42
2.03
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 1.24%.


TTM2023202220212020201920182017201620152014
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%
VOO
Vanguard S&P 500 ETF
1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%

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%AugustSeptemberOctoberNovemberDecember
-91.35%
-2.88%
ABSI
VOO

Volatility

ABSI vs. VOO - Volatility Comparison

Absci Corporation (ABSI) has a higher volatility of 38.38% compared to Vanguard S&P 500 ETF (VOO) at 4.09%. 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%AugustSeptemberOctoberNovemberDecember
38.38%
4.09%
ABSI
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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