ARE vs. VOO
ARE (Alexandria Real Estate Equities, Inc.) is a stock, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, ARE returned -3.85%/yr vs 15.14%/yr for VOO. Their 0.50 correlation means their historical movements had little consistent relationship.
Performance
ARE vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, ARE achieves a 8.19% return, which is significantly lower than VOO's 10.16% return. Over the past 10 years, ARE has underperformed VOO with an annualized return of -3.85%, while VOO has yielded a comparatively higher 15.14% annualized return.
ARE
- 1D
- -1.98%
- 1M
- -2.15%
- 6M
- -3.10%
- YTD
- 8.19%
- 1Y
- -28.19%
- 3Y*
- -20.92%
- 5Y*
- -20.42%
- 10Y*
- -3.85%
- ALL TIME*
- 7.22%
VOO
- 1D
- 0.71%
- 1M
- 0.26%
- 6M
- 8.58%
- YTD
- 10.16%
- 1Y
- 21.58%
- 3Y*
- 19.42%
- 5Y*
- 12.83%
- 10Y*
- 15.14%
- ALL TIME*
- 14.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $84.25M | $80.17M | $94.50M | |
| $3.82B | $3.78B | $5.44B |
ARE vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARE Alexandria Real Estate Equities, Inc. | 8.19% | -46.60% | -19.44% | -9.11% | -32.62% | 28.09% | 13.27% | 44.04% | -8.97% | 20.95% |
VOO Vanguard S&P 500 ETF | 10.16% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between ARE and VOO is 0.27, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.27 |
Correlation (3Y) Balances recent behavior with more history. | 0.39 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.48 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.47 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.50 |
Over the past year, the correlation between ARE and VOO has dropped to 0.27 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.
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Return for Risk
ARE vs. VOO — Risk / Return Rank
ARE
VOO
ARE vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alexandria Real Estate Equities, Inc. (ARE) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ARE | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.17 | ||
| Sortino ratioReturn per unit of downside risk | -2.78 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.28 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | 2.21 | -2.76 |
| Martin ratioReturn relative to average drawdown | -0.81 | 9.44 | -10.25 |
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Drawdowns
ARE vs. VOO - Drawdown Comparison
The maximum ARE drawdown since its inception was -77.92%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ARE and VOO.
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Drawdown Indicators
| ARE | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.92% | -33.99% | -43.93% |
Max Drawdown (1Y)Largest decline over 1 year | -51.61% | -8.90% | -42.71% |
Max Drawdown (3Y)Largest decline over 3 years | -65.64% | -18.69% | -46.95% |
Max Drawdown (5Y)Largest decline over 5 years | -77.92% | -24.52% | -53.40% |
Max Drawdown (10Y)Largest decline over 10 years | -77.92% | -33.99% | -43.93% |
Current DrawdownCurrent decline from peak | -71.52% | -1.38% | -70.14% |
Average DrawdownAverage peak-to-trough decline | -17.99% | -3.67% | -14.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.29% | 2.08% | +33.21% |
Volatility
ARE vs. VOO - Volatility Comparison
Alexandria Real Estate Equities, Inc. (ARE) has a higher volatility of 10.25% compared to Vanguard S&P 500 ETF (VOO) at 3.54%. This indicates that ARE'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.
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Volatility by Period
| ARE | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.25% | 3.54% | +6.71% |
Volatility (6M)Calculated over the trailing 6-month period | 31.65% | 10.10% | +21.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.97% | 12.82% | +32.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.48% | 16.93% | +16.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.48% | 18.01% | +11.47% |
Dividends
ARE vs. VOO - Dividend Comparison
ARE's dividend yield for the trailing twelve months is around 6.76%, more than VOO's 1.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARE Alexandria Real Estate Equities, Inc. | 6.76% | 9.56% | 5.32% | 3.91% | 3.24% | 2.01% | 2.38% | 2.48% | 3.24% | 2.64% | 2.91% | 3.38% |
VOO Vanguard S&P 500 ETF | 1.07% | 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
ARE and VOO have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARE has higher volatility (10.25%) compared to VOO (3.54%). In terms of maximum drawdown, ARE dropped -77.92% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (1.53 vs -0.64), 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.
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