ARRY vs. VOO
Compare and contrast key facts about Array Technologies, Inc. (ARRY) 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: ARRY or VOO.
Correlation
The correlation between ARRY and VOO is 0.39, 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
ARRY vs. VOO - Performance Comparison
Key characteristics
ARRY:
-0.87
VOO:
2.30
ARRY:
-1.43
VOO:
3.05
ARRY:
0.84
VOO:
1.43
ARRY:
-0.73
VOO:
3.39
ARRY:
-1.47
VOO:
15.10
ARRY:
44.64%
VOO:
1.90%
ARRY:
75.42%
VOO:
12.48%
ARRY:
-89.89%
VOO:
-33.99%
ARRY:
-88.44%
VOO:
-0.76%
Returns By Period
In the year-to-date period, ARRY achieves a -64.88% return, which is significantly lower than VOO's 28.23% return.
ARRY
-64.88%
-11.01%
-44.91%
-65.80%
N/A
N/A
VOO
28.23%
1.30%
11.10%
28.67%
15.07%
13.23%
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Risk-Adjusted Performance
ARRY vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Array Technologies, Inc. (ARRY) 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
ARRY vs. VOO - Dividend Comparison
ARRY has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.21%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARRY Array Technologies, Inc. | 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 | 1.21% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
ARRY vs. VOO - Drawdown Comparison
The maximum ARRY drawdown since its inception was -89.89%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ARRY and VOO. For additional features, visit the drawdowns tool.
Volatility
ARRY vs. VOO - Volatility Comparison
Array Technologies, Inc. (ARRY) has a higher volatility of 22.23% compared to Vanguard S&P 500 ETF (VOO) at 3.90%. This indicates that ARRY'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.