ALB vs. VONG
Compare and contrast key facts about Albemarle Corporation (ALB) and Vanguard Russell 1000 Growth ETF (VONG).
VONG is a passively managed fund by Vanguard that tracks the performance of the Russell 1000 Growth Index. It was launched on Sep 20, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALB or VONG.
Key characteristics
| ALB | VONG | |
|---|---|---|
| YTD Return | -20.16% | 6.44% |
| 1Y Return | -35.91% | 35.25% |
| 3Y Return (Ann) | -11.63% | 7.99% |
| 5Y Return (Ann) | 10.07% | 16.31% |
| 10Y Return (Ann) | 7.21% | 15.48% |
| Sharpe Ratio | -0.66 | 2.38 |
| Daily Std Dev | 51.92% | 15.01% |
| Max Drawdown | -66.31% | -32.72% |
| Current Drawdown | -64.18% | -4.95% |
Correlation
The correlation between ALB and VONG is 0.53, 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
ALB vs. VONG - Performance Comparison
In the year-to-date period, ALB achieves a -20.16% return, which is significantly lower than VONG's 6.44% return. Over the past 10 years, ALB has underperformed VONG with an annualized return of 7.21%, while VONG has yielded a comparatively higher 15.48% annualized 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
ALB vs. VONG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Albemarle Corporation (ALB) and Vanguard Russell 1000 Growth ETF (VONG). 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.
Dividends
ALB vs. VONG - Dividend Comparison
ALB's dividend yield for the trailing twelve months is around 1.39%, more than VONG's 0.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALB Albemarle Corporation | 1.39% | 1.11% | 0.73% | 0.67% | 1.04% | 2.01% | 1.74% | 1.00% | 1.42% | 2.07% | 1.83% | 1.51% |
VONG Vanguard Russell 1000 Growth ETF | 0.70% | 0.71% | 0.98% | 0.58% | 0.77% | 1.03% | 1.18% | 1.19% | 1.48% | 1.47% | 1.43% | 1.28% |
Drawdowns
ALB vs. VONG - Drawdown Comparison
The maximum ALB drawdown since its inception was -66.31%, which is greater than VONG's maximum drawdown of -32.72%. Use the drawdown chart below to compare losses from any high point for ALB and VONG. For additional features, visit the drawdowns tool.
Volatility
ALB vs. VONG - Volatility Comparison
Albemarle Corporation (ALB) has a higher volatility of 16.24% compared to Vanguard Russell 1000 Growth ETF (VONG) at 4.59%. This indicates that ALB's price experiences larger fluctuations and is considered to be riskier than VONG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.