AQWA vs. VOO
Compare and contrast key facts about Global X Clean Water ETF (AQWA) and Vanguard S&P 500 ETF (VOO).
AQWA and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AQWA is a passively managed fund by Global X that tracks the performance of the Solactive Global Clean Water Industry Index. It was launched on Apr 8, 2021. 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. Both AQWA and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AQWA or VOO.
Performance
AQWA vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, AQWA achieves a 10.90% return, which is significantly lower than VOO's 26.16% return.
AQWA
10.90%
-0.28%
2.27%
19.55%
N/A
N/A
VOO
26.16%
1.77%
13.62%
32.33%
15.68%
13.18%
Key characteristics
| AQWA | VOO | |
|---|---|---|
| Sharpe Ratio | 1.41 | 2.70 |
| Sortino Ratio | 2.02 | 3.60 |
| Omega Ratio | 1.24 | 1.50 |
| Calmar Ratio | 1.87 | 3.90 |
| Martin Ratio | 6.16 | 17.65 |
| Ulcer Index | 3.25% | 1.86% |
| Daily Std Dev | 14.24% | 12.19% |
| Max Drawdown | -29.44% | -33.99% |
| Current Drawdown | -2.80% | -0.86% |
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AQWA vs. VOO - Expense Ratio Comparison
AQWA has a 0.50% expense ratio, which is higher than VOO's 0.03% expense ratio.
Correlation
The correlation between AQWA and VOO is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
AQWA vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Clean Water ETF (AQWA) 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
AQWA vs. VOO - Dividend Comparison
AQWA's dividend yield for the trailing twelve months is around 1.25%, which matches VOO's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AQWA Global X Clean Water ETF | 1.25% | 1.53% | 1.56% | 1.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
AQWA vs. VOO - Drawdown Comparison
The maximum AQWA drawdown since its inception was -29.44%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for AQWA and VOO. For additional features, visit the drawdowns tool.
Volatility
AQWA vs. VOO - Volatility Comparison
Global X Clean Water ETF (AQWA) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.15% and 3.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.