ALRS vs. VOO
Compare and contrast key facts about Alerus Financial Corporation (ALRS) 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: ALRS or VOO.
Key characteristics
| ALRS | VOO | |
|---|---|---|
| YTD Return | -1.08% | 19.06% |
| 1Y Return | 17.69% | 26.65% |
| 3Y Return (Ann) | -3.45% | 9.85% |
| 5Y Return (Ann) | 2.81% | 15.18% |
| 10Y Return (Ann) | 3.98% | 12.95% |
| Sharpe Ratio | 0.67 | 2.18 |
| Daily Std Dev | 32.66% | 12.72% |
| Max Drawdown | -61.66% | -33.99% |
| Current Drawdown | -35.32% | -0.48% |
Correlation
The correlation between ALRS and VOO is 0.23, 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
ALRS vs. VOO - Performance Comparison
In the year-to-date period, ALRS achieves a -1.08% return, which is significantly lower than VOO's 19.06% return. Over the past 10 years, ALRS has underperformed VOO with an annualized return of 3.98%, while VOO has yielded a comparatively higher 12.95% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ALRS vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alerus Financial Corporation (ALRS) 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
ALRS vs. VOO - Dividend Comparison
ALRS's dividend yield for the trailing twelve months is around 3.62%, more than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALRS Alerus Financial Corporation | 3.62% | 3.35% | 3.00% | 2.15% | 2.19% | 2.49% | 2.75% | 2.35% | 2.59% | 2.22% | 1.94% | 2.00% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
ALRS vs. VOO - Drawdown Comparison
The maximum ALRS drawdown since its inception was -61.66%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ALRS and VOO. For additional features, visit the drawdowns tool.
Volatility
ALRS vs. VOO - Volatility Comparison
Alerus Financial Corporation (ALRS) has a higher volatility of 7.89% compared to Vanguard S&P 500 ETF (VOO) at 4.25%. This indicates that ALRS'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.