ASG vs. VOO
ASG (Liberty All-Star Growth) 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, ASG returned 12.21%/yr vs 15.77%/yr for VOO. A 0.69 correlation means they provide meaningful diversification when combined. ASG charges 1.11%/yr vs 0.03%/yr for VOO.
Performance
ASG vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, ASG achieves a 6.22% return, which is significantly lower than VOO's 9.75% return. Over the past 10 years, ASG has underperformed VOO with an annualized return of 12.21%, while VOO has yielded a comparatively higher 15.77% annualized return.
ASG
- 1D
- 0.37%
- 1M
- 2.67%
- YTD
- 6.22%
- 6M
- 5.03%
- 1Y
- 12.91%
- 3Y*
- 9.33%
- 5Y*
- -0.13%
- 10Y*
- 12.21%
VOO
- 1D
- -0.29%
- 1M
- 0.08%
- YTD
- 9.75%
- 6M
- 9.30%
- 1Y
- 26.77%
- 3Y*
- 21.36%
- 5Y*
- 13.58%
- 10Y*
- 15.77%
ASG vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASG Liberty All-Star Growth | 6.22% | 2.21% | 16.78% | 16.23% | -40.91% | 22.60% | 37.99% | 60.54% | -14.35% | 44.64% |
VOO Vanguard S&P 500 ETF | 9.75% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between ASG and VOO is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.69 |
The correlation between ASG and VOO shifts across timeframes, from 0.68 (10 years) to 0.80 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
ASG vs. VOO — Risk / Return Rank
ASG
VOO
ASG vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Liberty All-Star Growth (ASG) 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.
| ASG | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.44 | ||
| Sortino ratioReturn per unit of downside risk | -1.82 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.39 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.82 | 3.02 | -2.20 |
| Martin ratioReturn relative to average drawdown | 3.06 | 13.58 | -10.52 |
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Drawdowns
ASG vs. VOO - Drawdown Comparison
The maximum ASG drawdown since its inception was -66.77%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ASG and VOO.
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Drawdown Indicators
| ASG | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.77% | -33.99% | -32.78% |
Max Drawdown (1Y)Largest decline over 1 year | -15.77% | -8.90% | -6.87% |
Max Drawdown (3Y)Largest decline over 3 years | -25.25% | -18.69% | -6.56% |
Max Drawdown (5Y)Largest decline over 5 years | -45.91% | -24.52% | -21.39% |
Max Drawdown (10Y)Largest decline over 10 years | -45.91% | -33.99% | -11.92% |
Current DrawdownCurrent decline from peak | -17.44% | -1.74% | -15.70% |
Average DrawdownAverage peak-to-trough decline | -17.61% | -3.68% | -13.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.23% | 1.98% | +2.25% |
Volatility
ASG vs. VOO - Volatility Comparison
Liberty All-Star Growth (ASG) has a higher volatility of 5.54% compared to Vanguard S&P 500 ETF (VOO) at 4.60%. This indicates that ASG'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
| ASG | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.54% | 4.60% | +0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 14.11% | 9.73% | +4.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.82% | 12.39% | +5.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.87% | 16.90% | +5.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.09% | 18.05% | +7.04% |
ASG vs. VOO - Expense Ratio Comparison
ASG has a 1.11% expense ratio, which is higher than VOO's 0.03% expense ratio.
Dividends
ASG vs. VOO - Dividend Comparison
ASG's dividend yield for the trailing twelve months is around 8.72%, more than VOO's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASG Liberty All-Star Growth | 8.72% | 8.68% | 8.32% | 8.14% | 10.14% | 11.33% | 7.68% | 7.08% | 10.48% | 7.58% | 8.61% | 16.81% |
VOO Vanguard S&P 500 ETF | 1.04% | 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
ASG and VOO have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASG has higher volatility (5.54%) compared to VOO (4.60%). In terms of maximum drawdown, ASG dropped -66.77% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (2.17 vs 0.73), 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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