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

Key characteristics


BMOVOO
YTD Return-12.90%15.82%
1Y Return-0.87%26.91%
3Y Return (Ann)-2.01%11.35%
5Y Return (Ann)6.83%15.13%
10Y Return (Ann)5.88%12.90%
Sharpe Ratio-0.092.33
Daily Std Dev20.81%11.29%
Max Drawdown-68.43%-33.99%
Current Drawdown-23.72%0.00%

Correlation

-0.50.00.51.00.6

The correlation between BMO and VOO is 0.62, 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

BMO vs. VOO - Performance Comparison

In the year-to-date period, BMO achieves a -12.90% return, which is significantly lower than VOO's 15.82% return. Over the past 10 years, BMO has underperformed VOO with an annualized return of 5.88%, while VOO has yielded a comparatively higher 12.90% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%15.00%2024FebruaryMarchAprilMayJune
-9.54%
17.63%
BMO
VOO

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Bank of Montreal

Vanguard S&P 500 ETF

Risk-Adjusted Performance

BMO vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bank of Montreal (BMO) 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.


BMO
Sharpe ratio
The chart of Sharpe ratio for BMO, currently valued at -0.09, compared to the broader market-2.00-1.000.001.002.003.00-0.09
Sortino ratio
The chart of Sortino ratio for BMO, currently valued at 0.01, compared to the broader market-4.00-2.000.002.004.006.000.01
Omega ratio
The chart of Omega ratio for BMO, currently valued at 1.00, compared to the broader market0.501.001.502.001.00
Calmar ratio
The chart of Calmar ratio for BMO, currently valued at -0.06, compared to the broader market0.002.004.006.00-0.06
Martin ratio
The chart of Martin ratio for BMO, currently valued at -0.25, compared to the broader market0.0010.0020.00-0.25
VOO
Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 2.33, compared to the broader market-2.00-1.000.001.002.003.002.33
Sortino ratio
The chart of Sortino ratio for VOO, currently valued at 3.28, compared to the broader market-4.00-2.000.002.004.006.003.28
Omega ratio
The chart of Omega ratio for VOO, currently valued at 1.41, compared to the broader market0.501.001.502.001.41
Calmar ratio
The chart of Calmar ratio for VOO, currently valued at 2.27, compared to the broader market0.002.004.006.002.27
Martin ratio
The chart of Martin ratio for VOO, currently valued at 9.09, compared to the broader market0.0010.0020.009.09

BMO vs. VOO - Sharpe Ratio Comparison

The current BMO Sharpe Ratio is -0.09, which is lower than the VOO Sharpe Ratio of 2.33. The chart below compares the 12-month rolling Sharpe Ratio of BMO and VOO.


Rolling 12-month Sharpe Ratio0.001.002.003.002024FebruaryMarchAprilMayJune
-0.09
2.33
BMO
VOO

Dividends

BMO vs. VOO - Dividend Comparison

BMO's dividend yield for the trailing twelve months is around 5.23%, more than VOO's 1.27% yield.


TTM20232022202120202019201820172016201520142013
BMO
Bank of Montreal
5.23%4.34%4.64%3.16%4.11%3.97%4.52%3.42%3.56%4.53%3.94%4.31%
VOO
Vanguard S&P 500 ETF
1.27%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

BMO vs. VOO - Drawdown Comparison

The maximum BMO drawdown since its inception was -68.43%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BMO and VOO. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%2024FebruaryMarchAprilMayJune
-23.72%
0
BMO
VOO

Volatility

BMO vs. VOO - Volatility Comparison

Bank of Montreal (BMO) has a higher volatility of 10.80% compared to Vanguard S&P 500 ETF (VOO) at 2.37%. This indicates that BMO'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%10.00%12.00%2024FebruaryMarchAprilMayJune
10.80%
2.37%
BMO
VOO