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

Correlation

The correlation between AEP and VOO is 0.34, 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

AEP vs. VOO - Performance Comparison

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

-5.00%0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
7.98%
10.98%
AEP
VOO

Key characteristics

Sharpe Ratio

AEP:

1.06

VOO:

2.30

Sortino Ratio

AEP:

1.59

VOO:

3.05

Omega Ratio

AEP:

1.19

VOO:

1.43

Calmar Ratio

AEP:

0.84

VOO:

3.39

Martin Ratio

AEP:

4.00

VOO:

15.10

Ulcer Index

AEP:

4.90%

VOO:

1.90%

Daily Std Dev

AEP:

18.51%

VOO:

12.48%

Max Drawdown

AEP:

-62.75%

VOO:

-33.99%

Current Drawdown

AEP:

-11.13%

VOO:

-0.76%

Returns By Period

In the year-to-date period, AEP achieves a 18.36% return, which is significantly lower than VOO's 28.23% return. Over the past 10 years, AEP has underperformed VOO with an annualized return of 7.86%, while VOO has yielded a comparatively higher 13.23% annualized return.


AEP

YTD

18.36%

1M

-5.35%

6M

8.32%

1Y

19.60%

5Y*

3.36%

10Y*

7.86%

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

AEP vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Electric Power Company, Inc. (AEP) 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 AEP, currently valued at 1.06, compared to the broader market-4.00-2.000.002.001.062.30
The chart of Sortino ratio for AEP, currently valued at 1.59, compared to the broader market-4.00-2.000.002.004.001.593.05
The chart of Omega ratio for AEP, currently valued at 1.19, compared to the broader market0.501.001.502.001.191.43
The chart of Calmar ratio for AEP, currently valued at 0.84, compared to the broader market0.002.004.006.000.843.39
The chart of Martin ratio for AEP, currently valued at 4.00, compared to the broader market0.0010.0020.004.0015.10
AEP
VOO

The current AEP Sharpe Ratio is 1.06, which is lower than the VOO Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of AEP 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.06
2.30
AEP
VOO

Dividends

AEP vs. VOO - Dividend Comparison

AEP's dividend yield for the trailing twelve months is around 3.86%, more than VOO's 1.21% yield.


TTM20232022202120202019201820172016201520142013
AEP
American Electric Power Company, Inc.
3.86%4.15%3.34%3.37%3.41%2.87%3.39%3.25%3.61%3.69%3.34%4.17%
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

AEP vs. VOO - Drawdown Comparison

The maximum AEP drawdown since its inception was -62.75%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for AEP and VOO. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.13%
-0.76%
AEP
VOO

Volatility

AEP vs. VOO - Volatility Comparison

American Electric Power Company, Inc. (AEP) has a higher volatility of 4.44% compared to Vanguard S&P 500 ETF (VOO) at 3.90%. This indicates that AEP'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.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
4.44%
3.90%
AEP
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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