CCSO vs. VOO
Compare and contrast key facts about Carbon Collective Climate Solutions U.S. Equity ETF (CCSO) and Vanguard S&P 500 ETF (VOO).
CCSO and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CCSO is an actively managed fund by Carbon Collective. It was launched on Sep 19, 2022. 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: CCSO or VOO.
Key characteristics
| CCSO | VOO | |
|---|---|---|
| YTD Return | -0.90% | 19.30% |
| 1Y Return | 2.19% | 28.36% |
| Sharpe Ratio | 0.07 | 2.26 |
| Daily Std Dev | 21.86% | 12.63% |
| Max Drawdown | -23.69% | -33.99% |
| Current Drawdown | -7.96% | -0.28% |
Correlation
The correlation between CCSO and VOO is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CCSO vs. VOO - Performance Comparison
In the year-to-date period, CCSO achieves a -0.90% return, which is significantly lower than VOO's 19.30% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CCSO vs. VOO - Expense Ratio Comparison
CCSO has a 0.35% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
CCSO vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Carbon Collective Climate Solutions U.S. Equity ETF (CCSO) 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
CCSO vs. VOO - Dividend Comparison
CCSO's dividend yield for the trailing twelve months is around 0.81%, less than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCSO Carbon Collective Climate Solutions U.S. Equity ETF | 0.81% | 0.80% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
CCSO vs. VOO - Drawdown Comparison
The maximum CCSO drawdown since its inception was -23.69%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for CCSO and VOO. For additional features, visit the drawdowns tool.
Volatility
CCSO vs. VOO - Volatility Comparison
Carbon Collective Climate Solutions U.S. Equity ETF (CCSO) has a higher volatility of 7.24% compared to Vanguard S&P 500 ETF (VOO) at 3.92%. This indicates that CCSO'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.