CMCL vs. VOO
CMCL (Caledonia Mining Corporation Plc) is a stock, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 5 years, CMCL returned 13.18%/yr vs 13.12%/yr for VOO. Their 0.18 correlation means their historical movements had little consistent relationship.
Performance
CMCL vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, CMCL achieves a -27.21% return, which is significantly lower than VOO's 11.72% return.
CMCL
- 1D
- 2.34%
- 1M
- -6.32%
- 6M
- -32.21%
- YTD
- -27.21%
- 1Y
- -3.15%
- 3Y*
- 21.28%
- 5Y*
- 13.18%
- 10Y*
- —
- ALL TIME*
- 17.19%
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%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.21M | $4.41M | $4.94M | |
| $3.97B | $3.80B | $5.49B |
CMCL vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMCL Caledonia Mining Corporation Plc | -27.21% | 186.75% | -18.90% | 2.65% | 11.39% | -23.84% | 93.29% | 67.37% | -26.33% | 20.43% |
VOO Vanguard S&P 500 ETF | 11.72% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 10.78% |
Correlation
The correlation between CMCL and VOO is 0.40, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.40 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2017 | 0.18 |
Over the past year, CMCL and VOO have become more correlated (0.40) than their long-term average of 0.18, meaning their price movements have been converging.
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Return for Risk
CMCL vs. VOO — Risk / Return Rank
CMCL
VOO
CMCL vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Caledonia Mining Corporation Plc (CMCL) 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.
| CMCL | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -2.16 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.33 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.06 | 2.63 | -2.69 |
| Martin ratioReturn relative to average drawdown | -0.10 | 11.23 | -11.34 |
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Drawdowns
CMCL vs. VOO - Drawdown Comparison
The maximum CMCL drawdown since its inception was -65.77%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for CMCL and VOO.
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Drawdown Indicators
| CMCL | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.77% | -33.99% | -31.78% |
Max Drawdown (1Y)Largest decline over 1 year | -54.71% | -8.90% | -45.81% |
Max Drawdown (3Y)Largest decline over 3 years | -54.71% | -18.69% | -36.02% |
Max Drawdown (5Y)Largest decline over 5 years | -54.71% | -24.52% | -30.19% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.99% | — |
Current DrawdownCurrent decline from peak | -49.24% | 0.00% | -49.24% |
Average DrawdownAverage peak-to-trough decline | -35.98% | -3.67% | -32.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.79% | 2.08% | +28.71% |
Volatility
CMCL vs. VOO - Volatility Comparison
Caledonia Mining Corporation Plc (CMCL) has a higher volatility of 15.02% compared to Vanguard S&P 500 ETF (VOO) at 3.81%. This indicates that CMCL'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
| CMCL | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.02% | 3.81% | +11.21% |
Volatility (6M)Calculated over the trailing 6-month period | 38.60% | 10.18% | +28.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.08% | 12.80% | +51.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.78% | 16.95% | +35.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.47% | 18.02% | +36.45% |
Dividends
CMCL vs. VOO - Dividend Comparison
CMCL's dividend yield for the trailing twelve months is around 2.98%, more than VOO's 1.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMCL Caledonia Mining Corporation Plc | 2.98% | 2.14% | 5.95% | 4.59% | 4.52% | 4.29% | 2.11% | 3.27% | 5.23% | 1.86% | 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
CMCL 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.
CMCL has higher volatility (15.02%) compared to VOO (3.81%). In terms of maximum drawdown, CMCL dropped -65.77% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (1.83 vs -0.05), 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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