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AVA vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AVA and VOO is 0.38, 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.


-0.50.00.51.00.4

Performance

AVA vs. VOO - Performance Comparison

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

200.00%300.00%400.00%500.00%600.00%JulyAugustSeptemberOctoberNovemberDecember
210.63%
602.93%
AVA
VOO

Key characteristics

Sharpe Ratio

AVA:

0.47

VOO:

2.25

Sortino Ratio

AVA:

0.78

VOO:

2.98

Omega Ratio

AVA:

1.10

VOO:

1.42

Calmar Ratio

AVA:

0.34

VOO:

3.31

Martin Ratio

AVA:

1.83

VOO:

14.77

Ulcer Index

AVA:

5.20%

VOO:

1.90%

Daily Std Dev

AVA:

20.31%

VOO:

12.46%

Max Drawdown

AVA:

-82.57%

VOO:

-33.99%

Current Drawdown

AVA:

-14.66%

VOO:

-2.47%

Returns By Period

In the year-to-date period, AVA achieves a 6.54% return, which is significantly lower than VOO's 26.02% return. Over the past 10 years, AVA has underperformed VOO with an annualized return of 4.32%, while VOO has yielded a comparatively higher 13.08% annualized return.


AVA

YTD

6.54%

1M

-4.90%

6M

10.05%

1Y

7.08%

5Y*

-1.35%

10Y*

4.32%

VOO

YTD

26.02%

1M

-0.11%

6M

9.35%

1Y

26.45%

5Y*

14.79%

10Y*

13.08%

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Risk-Adjusted Performance

AVA vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Avista Corporation (AVA) 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.


Sharpe ratio
The chart of Sharpe ratio for AVA, currently valued at 0.47, compared to the broader market-4.00-2.000.002.000.472.25
The chart of Sortino ratio for AVA, currently valued at 0.78, compared to the broader market-4.00-2.000.002.004.000.782.98
The chart of Omega ratio for AVA, currently valued at 1.10, compared to the broader market0.501.001.502.001.101.42
The chart of Calmar ratio for AVA, currently valued at 0.34, compared to the broader market0.002.004.006.000.343.31
The chart of Martin ratio for AVA, currently valued at 1.83, compared to the broader market-5.000.005.0010.0015.0020.0025.001.8314.77
AVA
VOO

The current AVA Sharpe Ratio is 0.47, which is lower than the VOO Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of AVA and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.47
2.25
AVA
VOO

Dividends

AVA vs. VOO - Dividend Comparison

AVA's dividend yield for the trailing twelve months is around 5.25%, more than VOO's 0.91% yield.


TTM20232022202120202019201820172016201520142013
AVA
Avista Corporation
5.25%5.15%3.97%3.98%4.04%3.22%3.51%2.78%3.43%3.73%3.59%4.33%
VOO
Vanguard S&P 500 ETF
0.91%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

AVA vs. VOO - Drawdown Comparison

The maximum AVA drawdown since its inception was -82.57%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for AVA and VOO. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-14.66%
-2.47%
AVA
VOO

Volatility

AVA vs. VOO - Volatility Comparison

Avista Corporation (AVA) has a higher volatility of 5.07% compared to Vanguard S&P 500 ETF (VOO) at 3.75%. This indicates that AVA'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.


2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.07%
3.75%
AVA
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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