ASH vs. IVOO
Compare and contrast key facts about Ashland Global Holdings Inc. (ASH) and Vanguard S&P Mid-Cap 400 ETF (IVOO).
IVOO is a passively managed fund by Vanguard that tracks the performance of the S&P MidCap 400 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: ASH or IVOO.
Key characteristics
| ASH | IVOO | |
|---|---|---|
| YTD Return | 4.50% | 15.06% |
| 1Y Return | 14.72% | 29.56% |
| 3Y Return (Ann) | -1.68% | 6.47% |
| 5Y Return (Ann) | 3.94% | 12.00% |
| 10Y Return (Ann) | 7.39% | 10.78% |
| Sharpe Ratio | 0.60 | 1.91 |
| Sortino Ratio | 1.11 | 2.67 |
| Omega Ratio | 1.15 | 1.32 |
| Calmar Ratio | 0.47 | 1.79 |
| Martin Ratio | 2.21 | 10.55 |
| Ulcer Index | 7.51% | 2.99% |
| Daily Std Dev | 27.80% | 16.50% |
| Max Drawdown | -91.64% | -42.33% |
| Current Drawdown | -21.10% | -0.23% |
Correlation
The correlation between ASH and IVOO is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ASH vs. IVOO - Performance Comparison
In the year-to-date period, ASH achieves a 4.50% return, which is significantly lower than IVOO's 15.06% return. Over the past 10 years, ASH has underperformed IVOO with an annualized return of 7.39%, while IVOO has yielded a comparatively higher 10.78% 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
ASH vs. IVOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ashland Global Holdings Inc. (ASH) and Vanguard S&P Mid-Cap 400 ETF (IVOO). 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
ASH vs. IVOO - Dividend Comparison
ASH's dividend yield for the trailing twelve months is around 1.82%, more than IVOO's 1.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASH Ashland Global Holdings Inc. | 1.82% | 1.77% | 1.21% | 1.09% | 1.39% | 1.40% | 1.37% | 1.22% | 1.43% | 1.47% | 1.14% | 1.28% |
IVOO Vanguard S&P Mid-Cap 400 ETF | 1.31% | 1.25% | 1.58% | 1.14% | 1.23% | 1.49% | 1.56% | 1.22% | 1.37% | 1.45% | 1.26% | 0.92% |
Drawdowns
ASH vs. IVOO - Drawdown Comparison
The maximum ASH drawdown since its inception was -91.64%, which is greater than IVOO's maximum drawdown of -42.33%. Use the drawdown chart below to compare losses from any high point for ASH and IVOO. For additional features, visit the drawdowns tool.
Volatility
ASH vs. IVOO - Volatility Comparison
Ashland Global Holdings Inc. (ASH) has a higher volatility of 4.93% compared to Vanguard S&P Mid-Cap 400 ETF (IVOO) at 3.48%. This indicates that ASH's price experiences larger fluctuations and is considered to be riskier than IVOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.