ASIX vs. VOO

Last updated Jun 23, 2026

ASIX (AdvanSix 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 5 years, ASIX returned -5.82%/yr vs 13.58%/yr for VOO. At a 0.45 correlation, their price movements are largely independent.

Performance

ASIX vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvanSix Inc. (ASIX) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASIX achieves a 14.37% return, which is significantly higher than VOO's 9.75% return.

ASIX

• 1D: -1.91%
• 1M: -12.49%
• YTD: 14.37%
• 6M: 17.42%
• 1Y: -13.82%
• 3Y*: -14.56%
• 5Y*: -5.82%
• 10Y*: —

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%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ASIX vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ASIX AdvanSix Inc.	14.37%	-37.26%	-2.68%	-19.72%	-18.46%	136.98%	0.15%	-18.00%	-42.14%	90.02%
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 ASIX and VOO is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (All Time) Calculated using the full available price history since Oct 3, 2016	0.45

Over the past year, the correlation between ASIX and VOO has dropped to 0.21 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.

Return for Risk

ASIX vs. VOO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ASIX

ASIX Risk / Return Rank: 30
ASIX Sharpe Ratio Rank: 30
ASIX Sortino Ratio Rank: 30
ASIX Omega Ratio Rank: 30
ASIX Calmar Ratio Rank: 31
ASIX Martin Ratio Rank: 31

VOO

VOO Risk / Return Rank: 68
VOO Sharpe Ratio Rank: 70
VOO Sortino Ratio Rank: 67
VOO Omega Ratio Rank: 69
VOO Calmar Ratio Rank: 63
VOO Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ASIX vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvanSix Inc. (ASIX) 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.

	ASIX	VOO	Difference
Sharpe ratio: Return per unit of total volatility	-0.28	2.17	-2.45
Sortino ratio: Return per unit of downside risk	-0.07	2.93	-3.00
Omega ratio: Gain probability vs. loss probability	0.99	1.39	-0.40
Calmar ratio: Return relative to maximum drawdown	-0.33	3.02	-3.35
Martin ratio: Return relative to average drawdown	-0.61	13.58	-14.19

ASIX vs. VOO - Sharpe Ratio Comparison

The current ASIX Sharpe Ratio is -0.28, which is lower than the VOO Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of ASIX and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ASIX vs. VOO - Drawdown Comparison

The maximum ASIX drawdown since its inception was -81.61%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ASIX and VOO.

Drawdown Indicators

	ASIX	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-81.61%	-33.99%	-47.62%
Max Drawdown (1Y) Largest decline over 1 year	-42.48%	-8.90%	-33.58%
Max Drawdown (3Y) Largest decline over 3 years	-62.15%	-18.69%	-43.46%
Max Drawdown (5Y) Largest decline over 5 years	-72.70%	-24.52%	-48.18%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-62.13%	-1.74%	-60.39%
Average Drawdown Average peak-to-trough decline	-38.30%	-3.68%	-34.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.71%	1.98%	+20.73%

Volatility

ASIX vs. VOO - Volatility Comparison

AdvanSix Inc. (ASIX) has a higher volatility of 11.43% compared to Vanguard S&P 500 ETF (VOO) at 4.60%. This indicates that ASIX'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.

Volatility by Period

	ASIX	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.43%	4.60%	+6.83%
Volatility (6M) Calculated over the trailing 6-month period	38.80%	9.73%	+29.07%
Volatility (1Y) Calculated over the trailing 1-year period	49.57%	12.39%	+37.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.75%	16.90%	+25.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.70%	18.05%	+30.65%

Dividends

ASIX vs. VOO - Dividend Comparison

ASIX's dividend yield for the trailing twelve months is around 3.29%, more than VOO's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASIX AdvanSix Inc.	3.29%	3.70%	2.25%	2.04%	1.42%	0.26%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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

Can I hold both ASIX and VOO in my portfolio?

ASIX and VOO have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ASIX or VOO?

ASIX has higher volatility (11.43%) compared to VOO (4.60%). In terms of maximum drawdown, ASIX dropped -81.61% vs VOO's -33.99%.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (2.17 vs -0.28), 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.