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CHGX vs. VOO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CHGX vs. VOO

Last updated Aug 4, 2026
Documentation

CHGX (Stance Sustainable Beta ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - CHGX is a Large Cap Growth Equities fund tracking the Change Finance Diversified Impact U.S. Large Cap Fossil Fuel Free Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, CHGX returned 9.30%/yr vs 13.12%/yr for VOO. Their correlation of 0.87 means they have usually moved in the same direction. CHGX charges 0.49%/yr vs 0.03%/yr for VOO.

Performance

CHGX vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Stance Sustainable Beta ETF (CHGX) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CHGX achieves a 21.02% return, which is significantly higher than VOO's 11.72% return.

CHGX

1D
1.21%
1M
0.33%
6M
15.86%
YTD
21.02%
1Y
27.96%
3Y*
19.08%
5Y*
9.30%
10Y*
—
ALL TIME*
13.31%

VOO

1D
1.42%
1M
1.69%
6M
9.53%
YTD
11.72%
1Y
23.30%
3Y*
20.85%
5Y*
13.12%
10Y*
15.17%
ALL TIME*
14.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

CHGX

Stance Sustainable Beta ETF
$408.26K$344.74K$631.69K

VOO

Vanguard S&P 500 ETF
$3.97B$3.80B$5.49B

CHGX vs. VOO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CHGX
Stance Sustainable Beta ETF		21.02%12.13%15.16%23.65%-21.77%22.72%24.10%33.07%-5.79%4.22%
VOO
Vanguard S&P 500 ETF		11.72%17.82%24.98%26.32%-18.17%28.79%18.32%31.37%-4.50%5.66%

Correlation

The correlation between CHGX and VOO is 0.85, meaning they have usually moved in the same direction, including during past declines.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.85

Correlation (3Y)
Balances recent behavior with more history.

0.90

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.93

Correlation (All Time)
Calculated using the full available price history since Oct 10, 2017

0.87

The correlation between CHGX and VOO has been stable across timeframes, ranging from 0.85 to 0.93 - a consistent structural relationship.

CHGX vs. VOO - Sectors Allocation Comparison

Sectors
CHGX
VOO

Technology

33.8%
38.6%

Financial Services

18.7%
11.4%

Healthcare

14.7%
8.9%

Consumer Cyclical

11.0%
9.5%

Communication Services

8.0%
9.9%

Real Estate

4.1%
1.8%

Industrials

3.8%
8.5%

Consumer Defensive

2.9%
4.5%

Energy

1.0%
3.0%

Utilities

1.0%
2.2%

Basic Materials

0.9%
1.7%

Technology

CHGX
33.8%
VOO
38.6%

Financial Services

CHGX
18.7%
VOO
11.4%

Healthcare

CHGX
14.7%
VOO
8.9%

Consumer Cyclical

CHGX
11.0%
VOO
9.5%

Communication Services

CHGX
8.0%
VOO
9.9%

Real Estate

CHGX
4.1%
VOO
1.8%

Industrials

CHGX
3.8%
VOO
8.5%

Consumer Defensive

CHGX
2.9%
VOO
4.5%

Energy

CHGX
1.0%
VOO
3.0%

Utilities

CHGX
1.0%
VOO
2.2%

Basic Materials

CHGX
0.9%
VOO
1.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Stance Sustainable Beta ETF

Vanguard S&P 500 ETF

Often compared with CHGX:
CHGX vs. SPYXCHGX vs. IFEDCHGX vs. SUSACHGX vs. FBTCCHGX vs. BSJOCHGX vs. SCHDCHGX vs. EQT
Often compared with VOO:
VOO vs. VTIVOO vs. QQQVOO vs. SCHDVOO vs. VTVOO vs. FXAIXVOO vs. SPYVOO vs. VGT

Return for Risk

CHGX vs. VOO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
CHGX
CHGX Risk / Return Rank: 7979
Overall Rank
CHGX Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
CHGX Sortino Ratio Rank: 7878
Sortino Ratio Rank
CHGX Omega Ratio Rank: 7373
Omega Ratio Rank
CHGX Calmar Ratio Rank: 8484
Calmar Ratio Rank
CHGX Martin Ratio Rank: 8383
Martin Ratio Rank
VOO
VOO Risk / Return Rank: 7878
Overall Rank
VOO Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
VOO Sortino Ratio Rank: 7777
Sortino Ratio Rank
VOO Omega Ratio Rank: 7878
Omega Ratio Rank
VOO Calmar Ratio Rank: 7474
Calmar Ratio Rank
VOO Martin Ratio Rank: 8383
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CHGX vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Stance Sustainable Beta ETF (CHGX) 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.

CHGXVOODifference
Sharpe ratioReturn per unit of total volatility
1.91
1.83

+0.08

Sortino ratioReturn per unit of downside risk
2.66
2.53

+0.13

Omega ratioGain probability vs. loss probability

1.32

1.33

-0.01

Calmar ratioReturn relative to maximum drawdown

3.30

2.63

+0.67

Martin ratioReturn relative to average drawdown

11.79

11.23

+0.55

CHGX vs. VOO - Sharpe Ratio Comparison

The current CHGX Sharpe Ratio is 1.91, which is comparable to the VOO Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of CHGX and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

CHGX vs. VOO - Drawdown Comparison

The maximum CHGX drawdown since its inception was -35.49%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for CHGX and VOO.

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Drawdown Indicators

CHGXVOODifference

Max Drawdown

Largest peak-to-trough decline

-35.49%

-33.99%

-1.50%

Max Drawdown (1Y)

Largest decline over 1 year

-8.50%

-8.90%

+0.40%

Max Drawdown (3Y)

Largest decline over 3 years

-18.09%

-18.69%

+0.60%

Max Drawdown (5Y)

Largest decline over 5 years

-30.26%

-24.52%

-5.74%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.99%

—

Current Drawdown

Current decline from peak

-1.82%

0.00%

-1.82%

Average Drawdown

Average peak-to-trough decline

-6.35%

-3.67%

-2.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.38%

2.08%

+0.30%

Volatility

CHGX vs. VOO - Volatility Comparison

The current volatility for Stance Sustainable Beta ETF (CHGX) is 3.61%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.81%. This indicates that CHGX 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.

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Volatility by Period

CHGXVOODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.61%

3.81%

-0.20%

Volatility (6M)

Calculated over the trailing 6-month period

11.78%

10.18%

+1.60%

Volatility (1Y)

Calculated over the trailing 1-year period

14.72%

12.80%

+1.92%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.72%

16.95%

+0.77%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.30%

18.02%

+1.28%

CHGX vs. VOO - Expense Ratio Comparison

CHGX has a 0.49% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

CHGX vs. VOO - Dividend Comparison

CHGX's dividend yield for the trailing twelve months is around 0.56%, less than VOO's 1.05% yield.

PositionTTM20252024202320222021202020192018201720162015
CHGX
Stance Sustainable Beta ETF		0.56%0.67%0.76%0.94%1.11%0.56%0.58%0.86%0.00%0.59%0.00%0.00%
VOO
Vanguard S&P 500 ETF		1.05%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

CHGX and VOO have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

VOO has higher volatility (3.81%) compared to CHGX (3.61%). In terms of maximum drawdown, CHGX dropped -35.49% vs VOO's -33.99%.

On 5-year performance, VOO leads with 13.12% vs 9.30% for CHGX. On fees, VOO is cheaper at 0.03% per year. On volatility, CHGX has been the lower-risk option at 3.61%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, VOO has performed better with a 13.12% return vs 9.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

VOO is cheaper with a 0.03% expense ratio, compared with 0.49% for CHGX.

VOO has the higher dividend yield at 1.05%, compared with 0.56% for CHGX.

CHGX is categorized as Large Cap Growth Equities, while VOO is S&P 500. CHGX tracks Change Finance Diversified Impact U.S. Large Cap Fossil Fuel Free Index, while VOO tracks S&P 500 Index. They also come from different issuers: Stance and Vanguard. Their fees differ too: 0.49% for CHGX and 0.03% for VOO.

CHGX currently has the higher Sharpe Ratio (1.91 vs 1.83), 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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