ADA-USD vs. VOO
Compare and contrast key facts about Cardano (ADA-USD) and Vanguard S&P 500 ETF (VOO).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADA-USD or VOO.
Key characteristics
ADA-USD | VOO | |
---|---|---|
YTD Return | -22.87% | 5.63% |
1Y Return | 16.33% | 23.68% |
3Y Return (Ann) | -30.45% | 7.89% |
5Y Return (Ann) | 46.95% | 13.12% |
Sharpe Ratio | 1.61 | 1.91 |
Daily Std Dev | 60.24% | 11.70% |
Max Drawdown | -97.85% | -33.99% |
Current Drawdown | -84.56% | -4.45% |
Correlation
The correlation between ADA-USD and VOO is 0.19, 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.
Performance
ADA-USD vs. VOO - Performance Comparison
In the year-to-date period, ADA-USD achieves a -22.87% return, which is significantly lower than VOO's 5.63% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ADA-USD vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cardano (ADA-USD) 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.
Drawdowns
ADA-USD vs. VOO - Drawdown Comparison
The maximum ADA-USD drawdown since its inception was -97.85%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ADA-USD and VOO. For additional features, visit the drawdowns tool.
Volatility
ADA-USD vs. VOO - Volatility Comparison
Cardano (ADA-USD) has a higher volatility of 24.49% compared to Vanguard S&P 500 ETF (VOO) at 3.89%. This indicates that ADA-USD'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.