CGFIX vs. VOO
Compare and contrast key facts about abrdn Global Absolute Return Strategies Fund (CGFIX) and Vanguard S&P 500 ETF (VOO).
CGFIX is managed by Aberdeen. It was launched on Oct 31, 1990. 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: CGFIX or VOO.
Correlation
The correlation between CGFIX and VOO is 0.08, 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
CGFIX vs. VOO - Performance Comparison
Key characteristics
CGFIX:
1.73
VOO:
1.81
CGFIX:
2.51
VOO:
2.44
CGFIX:
1.32
VOO:
1.33
CGFIX:
0.33
VOO:
2.74
CGFIX:
6.71
VOO:
11.43
CGFIX:
0.95%
VOO:
2.02%
CGFIX:
3.69%
VOO:
12.77%
CGFIX:
-25.54%
VOO:
-33.99%
CGFIX:
-13.70%
VOO:
-0.72%
Returns By Period
In the year-to-date period, CGFIX achieves a 0.76% return, which is significantly lower than VOO's 3.31% return. Over the past 10 years, CGFIX has underperformed VOO with an annualized return of 0.62%, while VOO has yielded a comparatively higher 13.25% annualized return.
CGFIX
0.76%
1.12%
1.08%
6.11%
-2.04%
0.62%
VOO
3.31%
4.26%
12.44%
22.48%
14.26%
13.25%
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CGFIX vs. VOO - Expense Ratio Comparison
CGFIX has a 0.78% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
CGFIX vs. VOO — Risk-Adjusted Performance Rank
CGFIX
VOO
CGFIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Global Absolute Return Strategies Fund (CGFIX) 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
CGFIX vs. VOO - Dividend Comparison
CGFIX's dividend yield for the trailing twelve months is around 6.45%, more than VOO's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGFIX abrdn Global Absolute Return Strategies Fund | 6.45% | 6.42% | 2.09% | 0.00% | 0.12% | 0.23% | 3.30% | 5.00% | 0.00% | 0.00% | 0.35% | 2.34% |
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
CGFIX vs. VOO - Drawdown Comparison
The maximum CGFIX drawdown since its inception was -25.54%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for CGFIX and VOO. For additional features, visit the drawdowns tool.
Volatility
CGFIX vs. VOO - Volatility Comparison
The current volatility for abrdn Global Absolute Return Strategies Fund (CGFIX) is 1.30%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.40%. This indicates that CGFIX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.