AXSIX vs. VOO
Compare and contrast key facts about Axonic Strategic Income Fund (AXSIX) and Vanguard S&P 500 ETF (VOO).
AXSIX is managed by Axonic. It was launched on Dec 29, 2019. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 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: AXSIX or VOO.
Correlation
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.
Performance
AXSIX vs. VOO - Performance Comparison
Key characteristics
AXSIX:
3.54
VOO:
1.47
AXSIX:
8.13
VOO:
1.99
AXSIX:
2.28
VOO:
1.27
AXSIX:
9.96
VOO:
2.23
AXSIX:
30.70
VOO:
9.05
AXSIX:
0.29%
VOO:
2.08%
AXSIX:
2.49%
VOO:
12.84%
AXSIX:
-12.55%
VOO:
-33.99%
AXSIX:
0.00%
VOO:
-3.08%
Returns By Period
In the year-to-date period, AXSIX achieves a 1.00% return, which is significantly lower than VOO's 1.40% return.
AXSIX
1.00%
1.00%
2.33%
8.09%
3.68%
N/A
VOO
1.40%
-1.79%
6.13%
17.41%
15.83%
13.01%
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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.
Risk-Adjusted Performance
AXSIX vs. VOO — Risk-Adjusted Performance Rank
AXSIX
VOO
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.
Dividends
AXSIX vs. VOO - Dividend Comparison
AXSIX's dividend yield for the trailing twelve months is around 6.53%, more than VOO's 1.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXSIX Axonic Strategic Income Fund | 6.53% | 7.61% | 8.55% | 5.35% | 6.43% | 1.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
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.
Volatility
AXSIX vs. VOO - Volatility Comparison
The current volatility for Axonic Strategic Income Fund (AXSIX) is 0.71%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.70%. 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.