CNY=X vs. VOO
Compare and contrast key facts about USD/CNY (CNY=X) 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: CNY=X or VOO.
Correlation
The correlation between CNY=X and VOO is 0.02, 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
CNY=X vs. VOO - Performance Comparison
Key characteristics
CNY=X:
0.25
VOO:
1.76
CNY=X:
0.37
VOO:
2.37
CNY=X:
1.06
VOO:
1.32
CNY=X:
0.04
VOO:
2.66
CNY=X:
0.60
VOO:
11.10
CNY=X:
1.33%
VOO:
2.02%
CNY=X:
3.11%
VOO:
12.79%
CNY=X:
-30.66%
VOO:
-33.99%
CNY=X:
-16.79%
VOO:
-2.11%
Returns By Period
In the year-to-date period, CNY=X achieves a -0.68% return, which is significantly lower than VOO's 2.40% return. Over the past 10 years, CNY=X has underperformed VOO with an annualized return of 1.44%, while VOO has yielded a comparatively higher 13.03% annualized return.
CNY=X
-0.68%
-0.32%
1.76%
0.77%
0.60%
1.44%
VOO
2.40%
-1.05%
7.47%
19.81%
14.27%
13.03%
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Risk-Adjusted Performance
CNY=X vs. VOO — Risk-Adjusted Performance Rank
CNY=X
VOO
CNY=X vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USD/CNY (CNY=X) 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.
Drawdowns
CNY=X vs. VOO - Drawdown Comparison
The maximum CNY=X drawdown since its inception was -30.66%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for CNY=X and VOO. For additional features, visit the drawdowns tool.
Volatility
CNY=X vs. VOO - Volatility Comparison
The current volatility for USD/CNY (CNY=X) is 0.07%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.32%. This indicates that CNY=X 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.