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

Performance

AXSIX vs. VOO - Performance Comparison

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

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
4.12%
12.85%
AXSIX
VOO

Returns By Period

In the year-to-date period, AXSIX achieves a 8.43% return, which is significantly lower than VOO's 26.16% return.


AXSIX

YTD

8.43%

1M

0.11%

6M

4.12%

1Y

10.32%

5Y (annualized)

N/A

10Y (annualized)

N/A

VOO

YTD

26.16%

1M

1.77%

6M

13.62%

1Y

32.33%

5Y (annualized)

15.68%

10Y (annualized)

13.18%

Key characteristics


AXSIXVOO
Sharpe Ratio4.242.70
Sortino Ratio10.883.60
Omega Ratio2.901.50
Calmar Ratio11.723.90
Martin Ratio45.0417.65
Ulcer Index0.23%1.86%
Daily Std Dev2.44%12.19%
Max Drawdown-12.55%-33.99%
Current Drawdown-0.55%-0.86%

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AXSIX vs. VOO - Expense Ratio Comparison

AXSIX has a 1.00% expense ratio, which is higher than VOO's 0.03% expense ratio.


AXSIX
Axonic Strategic Income Fund
Expense ratio chart for AXSIX: current value at 1.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.00%
Expense ratio chart for VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Correlation

-0.50.00.51.00.2

The correlation between AXSIX and VOO is 0.18, 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.

Risk-Adjusted Performance

AXSIX vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Axonic Strategic Income Fund (AXSIX) 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 AXSIX, currently valued at 4.24, compared to the broader market-1.000.001.002.003.004.005.004.242.70
The chart of Sortino ratio for AXSIX, currently valued at 10.88, compared to the broader market0.005.0010.0010.883.60
The chart of Omega ratio for AXSIX, currently valued at 2.90, compared to the broader market1.002.003.004.002.901.50
The chart of Calmar ratio for AXSIX, currently valued at 11.72, compared to the broader market0.005.0010.0015.0020.0025.0011.723.90
The chart of Martin ratio for AXSIX, currently valued at 45.04, compared to the broader market0.0020.0040.0060.0080.00100.0045.0417.65
AXSIX
VOO

The current AXSIX Sharpe Ratio is 4.24, which is higher than the VOO Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of AXSIX 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 Ratio1.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
4.24
2.70
AXSIX
VOO

Dividends

AXSIX vs. VOO - Dividend Comparison

AXSIX's dividend yield for the trailing twelve months is around 8.16%, more than VOO's 1.24% yield.


TTM20232022202120202019201820172016201520142013
AXSIX
Axonic Strategic Income Fund
8.16%8.55%5.35%6.43%1.30%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

AXSIX vs. VOO - Drawdown Comparison

The maximum AXSIX drawdown since its inception was -12.55%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for AXSIX and VOO. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.55%
-0.86%
AXSIX
VOO

Volatility

AXSIX vs. VOO - Volatility Comparison

The current volatility for Axonic Strategic Income Fund (AXSIX) is 0.74%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.99%. This indicates that AXSIX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.74%
3.99%
AXSIX
VOO