CLBK vs. VOO

Last updated Aug 1, 2026

CLBK (Columbia Financial, Inc.) is a stock, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Their -0.13 correlation means they have often moved in opposite directions in the past.

Performance

CLBK vs. VOO - Performance Comparison

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

Returns By Period

CLBK

• 1D: -1.28%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

VOO

• 1D: 0.71%
• 1M: 0.26%
• 6M: 8.58%
• YTD: 10.16%
• 1Y: 21.58%
• 3Y*: 19.42%
• 5Y*: 12.83%
• 10Y*: 15.14%
• ALL TIME*: 14.78%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CLBK Columbia Financial, Inc.	$172.16M	$172.16M	$172.16M
VOO Vanguard S&P 500 ETF	$3.82B	$3.78B	$5.44B

CLBK vs. VOO - Yearly Performance Comparison

	2026 (YTD)
CLBK Columbia Financial, Inc.	0.35%
VOO Vanguard S&P 500 ETF	0.51%

Correlation

The correlation between CLBK and VOO is -0.13, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 20, 2026	-0.13

Return for Risk

CLBK vs. VOO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CLBK

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

VOO

VOO Risk / Return Rank: 68
VOO Sharpe Ratio Rank: 68
VOO Sortino Ratio Rank: 65
VOO Omega Ratio Rank: 66
VOO Calmar Ratio Rank: 64
VOO Martin Ratio Rank: 76

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.

CLBK vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Financial, Inc. (CLBK) 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.

	CLBK	VOO	Difference
Sharpe ratio: Return per unit of total volatility	—	1.53	—
Sortino ratio: Return per unit of downside risk	—	2.13	—
Omega ratio: Gain probability vs. loss probability	—	1.28	—
Calmar ratio: Return relative to maximum drawdown	—	2.21	—
Martin ratio: Return relative to average drawdown	—	9.44	—

Drawdowns

CLBK vs. VOO - Drawdown Comparison

The maximum CLBK drawdown since its inception was -2.93%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for CLBK and VOO.

Drawdown Indicators

	CLBK	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-2.93%	-33.99%	+31.06%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.90%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.69%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.52%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-2.93%	-1.38%	-1.55%
Average Drawdown Average peak-to-trough decline	-1.62%	-3.67%	+2.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.08%	—

Volatility

Volatility by Period

	CLBK	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.54%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.11%	12.82%	+10.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.11%	16.93%	+6.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.11%	18.01%	+5.10%

Dividends

CLBK vs. VOO - Dividend Comparison

CLBK has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.07%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CLBK Columbia Financial, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.07%	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

Can I hold both CLBK and VOO in my portfolio?

CLBK and VOO have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.