CGNX vs. VOO
Compare and contrast key facts about Cognex Corporation (CGNX) 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: CGNX or VOO.
Correlation
The correlation between CGNX and VOO is 0.65, 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
CGNX vs. VOO - Performance Comparison
Key characteristics
CGNX:
-0.31
VOO:
1.88
CGNX:
-0.16
VOO:
2.53
CGNX:
0.97
VOO:
1.35
CGNX:
-0.19
VOO:
2.81
CGNX:
-0.60
VOO:
11.78
CGNX:
19.88%
VOO:
2.02%
CGNX:
38.49%
VOO:
12.67%
CGNX:
-83.71%
VOO:
-33.99%
CGNX:
-63.42%
VOO:
0.00%
Returns By Period
In the year-to-date period, CGNX achieves a -6.19% return, which is significantly lower than VOO's 4.61% return. Over the past 10 years, CGNX has underperformed VOO with an annualized return of 5.48%, while VOO has yielded a comparatively higher 13.30% annualized return.
CGNX
-6.19%
-15.33%
-15.76%
-14.07%
-6.84%
5.48%
VOO
4.61%
2.59%
10.08%
25.10%
14.79%
13.30%
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Risk-Adjusted Performance
CGNX vs. VOO — Risk-Adjusted Performance Rank
CGNX
VOO
CGNX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cognex Corporation (CGNX) 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
CGNX vs. VOO - Dividend Comparison
CGNX's dividend yield for the trailing twelve months is around 0.91%, less than VOO's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGNX Cognex Corporation | 0.91% | 0.85% | 0.68% | 0.56% | 0.32% | 2.77% | 0.37% | 0.48% | 0.27% | 0.46% | 0.62% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
CGNX vs. VOO - Drawdown Comparison
The maximum CGNX drawdown since its inception was -83.71%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for CGNX and VOO. For additional features, visit the drawdowns tool.
Volatility
CGNX vs. VOO - Volatility Comparison
Cognex Corporation (CGNX) has a higher volatility of 16.64% compared to Vanguard S&P 500 ETF (VOO) at 3.01%. This indicates that CGNX'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.