ALCE vs. VOO
Compare and contrast key facts about Alternus Energy Group Plc (ALCE) 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: ALCE or VOO.
Correlation
The correlation between ALCE and VOO is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
ALCE vs. VOO - Performance Comparison
Key characteristics
ALCE:
-0.77
VOO:
2.25
ALCE:
-3.86
VOO:
2.98
ALCE:
0.52
VOO:
1.42
ALCE:
-1.00
VOO:
3.31
ALCE:
-1.07
VOO:
14.77
ALCE:
92.93%
VOO:
1.90%
ALCE:
129.67%
VOO:
12.46%
ALCE:
-99.72%
VOO:
-33.99%
ALCE:
-99.69%
VOO:
-2.47%
Returns By Period
In the year-to-date period, ALCE achieves a -97.76% return, which is significantly lower than VOO's 26.02% return.
ALCE
-97.76%
-39.20%
-91.17%
-99.41%
N/A
N/A
VOO
26.02%
-0.11%
9.35%
26.45%
14.79%
13.08%
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Risk-Adjusted Performance
ALCE vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alternus Energy Group Plc (ALCE) 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.
Dividends
ALCE vs. VOO - Dividend Comparison
ALCE has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 0.91%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALCE Alternus Energy Group Plc | 0.00% | 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 | 0.91% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
ALCE vs. VOO - Drawdown Comparison
The maximum ALCE drawdown since its inception was -99.72%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ALCE and VOO. For additional features, visit the drawdowns tool.
Volatility
ALCE vs. VOO - Volatility Comparison
Alternus Energy Group Plc (ALCE) has a higher volatility of 33.64% compared to Vanguard S&P 500 ETF (VOO) at 3.75%. This indicates that ALCE'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.