CAAS vs. VOO
Compare and contrast key facts about China Automotive Systems, Inc. (CAAS) 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: CAAS or VOO.
Correlation
The correlation between CAAS and VOO is 0.22, 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
CAAS vs. VOO - Performance Comparison
Key characteristics
CAAS:
1.14
VOO:
1.81
CAAS:
1.98
VOO:
2.44
CAAS:
1.23
VOO:
1.33
CAAS:
0.62
VOO:
2.74
CAAS:
5.36
VOO:
11.43
CAAS:
10.10%
VOO:
2.02%
CAAS:
47.39%
VOO:
12.77%
CAAS:
-94.04%
VOO:
-33.99%
CAAS:
-80.66%
VOO:
-0.72%
Returns By Period
In the year-to-date period, CAAS achieves a 1.71% return, which is significantly lower than VOO's 3.31% return. Over the past 10 years, CAAS has underperformed VOO with an annualized return of -2.41%, while VOO has yielded a comparatively higher 13.25% annualized return.
CAAS
1.71%
8.03%
4.77%
43.50%
15.18%
-2.41%
VOO
3.31%
4.26%
12.44%
22.48%
14.26%
13.25%
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Risk-Adjusted Performance
CAAS vs. VOO — Risk-Adjusted Performance Rank
CAAS
VOO
CAAS vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for China Automotive Systems, Inc. (CAAS) 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
CAAS vs. VOO - Dividend Comparison
CAAS's dividend yield for the trailing twelve months is around 19.18%, more than VOO's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAAS China Automotive Systems, Inc. | 19.18% | 19.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.54% |
VOO Vanguard S&P 500 ETF | 1.20% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
CAAS vs. VOO - Drawdown Comparison
The maximum CAAS drawdown since its inception was -94.04%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for CAAS and VOO. For additional features, visit the drawdowns tool.
Volatility
CAAS vs. VOO - Volatility Comparison
China Automotive Systems, Inc. (CAAS) has a higher volatility of 7.10% compared to Vanguard S&P 500 ETF (VOO) at 3.40%. This indicates that CAAS'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.