AGNG vs. VOO

Last updated Jun 3, 2026

AGNG (Global X Aging Population ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - AGNG is a Health & Biotech Equities fund tracking the Indxx Aging Population Thematic Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, AGNG returned 8.71%/yr vs 15.56%/yr for VOO. A 0.62 correlation means they provide meaningful diversification when combined. AGNG charges 0.50%/yr vs 0.03%/yr for VOO.

Performance

AGNG vs. VOO - Performance Comparison

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

Returns By Period

In the year-to-date period, AGNG achieves a -5.18% return, which is significantly lower than VOO's 10.91% return. Over the past 10 years, AGNG has underperformed VOO with an annualized return of 8.71%, while VOO has yielded a comparatively higher 15.56% annualized return.

AGNG

• 1D: -1.43%
• 1M: -3.01%
• YTD: -5.18%
• 6M: -5.52%
• 1Y: 8.97%
• 3Y*: 8.10%
• 5Y*: 4.10%
• 10Y*: 8.71%

VOO

• 1D: -0.70%
• 1M: 5.04%
• YTD: 10.91%
• 6M: 10.93%
• 1Y: 28.04%
• 3Y*: 22.44%
• 5Y*: 13.90%
• 10Y*: 15.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AGNG vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AGNG Global X Aging Population ETF	-5.18%	20.01%	7.03%	9.65%	-8.61%	3.91%	18.96%	25.24%	-1.45%	28.17%
VOO Vanguard S&P 500 ETF	10.91%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-4.50%	21.77%

Correlation

The correlation between AGNG and VOO is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (10Y) Calculated over the trailing 10-year period	0.62
Correlation (All Time) Calculated using the full available price history since May 11, 2016	0.62

The correlation between AGNG and VOO shifts across timeframes, from 0.49 (1 year) to 0.65 (5 years), reflecting how their relationship changes across market environments.

AGNG vs. VOO - Sectors Allocation Comparison

Sectors	AGNG	VOO
Healthcare	90.8%	8.5%
Real Estate	9.2%	1.9%
Basic Materials	-	1.8%
Communication Services	-	11.3%
Consumer Cyclical	-	10.2%
Consumer Defensive	-	4.9%
Energy	-	3.5%
Financial Services	-	11.6%
Industrials	-	8.3%
Technology	-	35.7%
Utilities	-	2.4%

Return for Risk

AGNG vs. VOO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AGNG

AGNG Risk / Return Rank: 20
AGNG Sharpe Ratio Rank: 20
AGNG Sortino Ratio Rank: 20
AGNG Omega Ratio Rank: 19
AGNG Calmar Ratio Rank: 19
AGNG Martin Ratio Rank: 20

VOO

VOO Risk / Return Rank: 70
VOO Sharpe Ratio Rank: 71
VOO Sortino Ratio Rank: 70
VOO Omega Ratio Rank: 70
VOO Calmar Ratio Rank: 62
VOO Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AGNG vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Aging Population ETF (AGNG) 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.

	AGNG	VOO	Difference
Sharpe ratio Return per unit of total volatility	0.66	2.39	-1.73
Sortino ratio Return per unit of downside risk	1.04	3.25	-2.22
Omega ratio Gain probability vs. loss probability	1.12	1.43	-0.31
Calmar ratio Return relative to maximum drawdown	0.84	3.16	-2.33
Martin ratio Return relative to average drawdown	2.31	14.73	-12.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AGNG vs. VOO - Sharpe Ratio Comparison

The current AGNG Sharpe Ratio is 0.66, which is lower than the VOO Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of AGNG and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AGNG	VOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.66	2.39	-1.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	0.83	-0.56
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.87	-0.36
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.89	-0.36

Drawdowns

AGNG vs. VOO - Drawdown Comparison

The maximum AGNG drawdown since its inception was -30.58%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for AGNG and VOO.

Drawdown Indicators

	AGNG	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-30.58%	-33.99%	+3.41%
Max Drawdown (1Y) Largest decline over 1 year	-11.45%	-8.90%	-2.55%
Max Drawdown (3Y) Largest decline over 3 years	-14.48%	-18.69%	+4.21%
Max Drawdown (5Y) Largest decline over 5 years	-25.66%	-24.52%	-1.14%
Max Drawdown (10Y) Largest decline over 10 years	-30.58%	-33.99%	+3.41%
Current Drawdown Current decline from peak	-11.45%	-0.70%	-10.75%
Average Drawdown Average peak-to-trough decline	-5.95%	-3.69%	-2.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.14%	1.91%	+2.23%

Volatility

AGNG vs. VOO - Volatility Comparison

Global X Aging Population ETF (AGNG) has a higher volatility of 3.85% compared to Vanguard S&P 500 ETF (VOO) at 2.84%. This indicates that AGNG'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.

Volatility by Period

	AGNG	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.85%	2.84%	+1.01%
Volatility (6M) Calculated over the trailing 6-month period	10.07%	8.90%	+1.17%
Volatility (1Y) Calculated over the trailing 1-year period	13.63%	11.80%	+1.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.22%	16.81%	-1.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.13%	18.01%	-0.88%

AGNG vs. VOO - Expense Ratio Comparison

AGNG has a 0.50% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

AGNG vs. VOO - Dividend Comparison

AGNG's dividend yield for the trailing twelve months is around 0.92%, less than VOO's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGNG Global X Aging Population ETF	0.92%	0.88%	0.83%	0.96%	0.49%	0.72%	0.36%	0.83%	1.00%	1.04%	0.45%	0.00%
VOO Vanguard S&P 500 ETF	1.03%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both AGNG and VOO in my portfolio?

AGNG and VOO have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AGNG or VOO?

AGNG has higher volatility (3.85%) compared to VOO (2.84%). In terms of maximum drawdown, AGNG dropped -30.58% vs VOO's -33.99%.

Which ETF is better, AGNG or VOO?

On 10-year performance, VOO leads with 15.56% vs 8.71% for AGNG. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 2.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AGNG or VOO?

Over the 10-year period, VOO has performed better with a 15.56% return vs 8.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AGNG or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.50% for AGNG.

Which ETF pays a higher dividend yield, AGNG or VOO?

VOO has the higher dividend yield at 1.03%, compared with 0.92% for AGNG.

What is the main difference between AGNG and VOO?

AGNG is categorized as Health & Biotech Equities, while VOO is S&P 500. AGNG tracks Indxx Aging Population Thematic Index, while VOO tracks S&P 500 Index. They also come from different issuers: Global X and Vanguard. Their fees differ too: 0.50% for AGNG and 0.03% for VOO.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (2.39 vs 0.66), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.