CEG vs. VOO
CEG (Constellation Energy Corp) is a stock, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 3 years, CEG returned 38.87%/yr vs 19.52%/yr for VOO. At a 0.46 correlation, their price movements are largely independent.
Performance
CEG vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, CEG achieves a -28.03% return, which is significantly lower than VOO's 9.44% return.
CEG
- 1D
- 0.44%
- 1M
- -7.50%
- 6M
- -17.38%
- YTD
- -28.03%
- 1Y
- -20.72%
- 3Y*
- 38.87%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 45.07%
VOO
- 1D
- -0.14%
- 1M
- -0.57%
- 6M
- 7.90%
- YTD
- 9.44%
- 1Y
- 19.65%
- 3Y*
- 19.52%
- 5Y*
- 12.88%
- 10Y*
- 14.98%
- ALL TIME*
- 14.77%
CEG vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CEG Constellation Energy Corp | -28.03% | 58.80% | 92.71% | 37.24% | 73.87% |
VOO Vanguard S&P 500 ETF | 9.44% | 17.82% | 24.98% | 26.32% | -14.21% |
Correlation
The correlation between CEG and VOO is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2022 | 0.46 |
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Return for Risk
CEG vs. VOO — Risk / Return Rank
CEG
VOO
CEG vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Constellation Energy Corp (CEG) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CEG | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.02 | ||
| Sortino ratioReturn per unit of downside risk | -2.55 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.28 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | 2.22 | -2.72 |
| Martin ratioReturn relative to average drawdown | -0.93 | 9.63 | -10.56 |
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Drawdowns
CEG vs. VOO - Drawdown Comparison
The maximum CEG drawdown since its inception was -50.70%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for CEG and VOO.
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Drawdown Indicators
| CEG | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.70% | -33.99% | -16.71% |
Max Drawdown (1Y)Largest decline over 1 year | -41.22% | -8.90% | -32.32% |
Max Drawdown (3Y)Largest decline over 3 years | -50.70% | -18.69% | -32.01% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.52% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.99% | — |
Current DrawdownCurrent decline from peak | -36.99% | -2.01% | -34.98% |
Average DrawdownAverage peak-to-trough decline | -12.19% | -3.67% | -8.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.36% | 2.04% | +20.32% |
Volatility
CEG vs. VOO - Volatility Comparison
Constellation Energy Corp (CEG) has a higher volatility of 10.11% compared to Vanguard S&P 500 ETF (VOO) at 3.36%. This indicates that CEG'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.
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Volatility by Period
| CEG | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.11% | 3.36% | +6.75% |
Volatility (6M)Calculated over the trailing 6-month period | 35.36% | 10.02% | +25.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.62% | 12.58% | +34.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.11% | 16.91% | +32.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.11% | 18.00% | +31.11% |
Dividends
CEG vs. VOO - Dividend Comparison
CEG's dividend yield for the trailing twelve months is around 0.64%, less than VOO's 1.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEG Constellation Energy Corp | 0.64% | 0.44% | 0.63% | 0.97% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.08% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
CEG and VOO have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CEG has higher volatility (10.11%) compared to VOO (3.36%). In terms of maximum drawdown, CEG dropped -50.70% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (1.57 vs -0.45), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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