AZO vs. VOO
Compare and contrast key facts about AutoZone, Inc. (AZO) and Vanguard S&P 500 ETF (VOO).
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: AZO or VOO.
Key characteristics
AZO | VOO | |
---|---|---|
YTD Return | 21.89% | 10.40% |
1Y Return | 31.57% | 32.36% |
3Y Return (Ann) | 30.11% | 11.45% |
5Y Return (Ann) | 25.25% | 15.03% |
10Y Return (Ann) | 19.39% | 12.94% |
Sharpe Ratio | 1.44 | 2.95 |
Daily Std Dev | 21.58% | 11.59% |
Max Drawdown | -46.33% | -33.99% |
Current Drawdown | -2.71% | -0.14% |
Correlation
The correlation between AZO and VOO is 0.41, 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
AZO vs. VOO - Performance Comparison
In the year-to-date period, AZO achieves a 21.89% return, which is significantly higher than VOO's 10.40% return. Over the past 10 years, AZO has outperformed VOO with an annualized return of 19.39%, while VOO has yielded a comparatively lower 12.94% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Risk-Adjusted Performance
AZO vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AutoZone, Inc. (AZO) 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 | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
AutoZone, Inc. | 1.44 | ||||
Vanguard S&P 500 ETF | 2.95 |
Dividends
AZO vs. VOO - Dividend Comparison
AZO has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.33%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
AutoZone, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Vanguard S&P 500 ETF | 1.33% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
AZO vs. VOO - Drawdown Comparison
The maximum AZO drawdown since its inception was -46.33%, which is greater than VOO's maximum drawdown of -33.99%. The drawdown chart below compares losses from any high point along the way for AZO and VOO
Volatility
AZO vs. VOO - Volatility Comparison
AutoZone, Inc. (AZO) has a higher volatility of 4.56% compared to Vanguard S&P 500 ETF (VOO) at 2.89%. This indicates that AZO'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.