CNYUSD=X vs. VOO
Compare and contrast key facts about CNY/USD (CNYUSD=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: CNYUSD=X or VOO.
Correlation
The correlation between CNYUSD=X and VOO is 0.09, 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
CNYUSD=X vs. VOO - Performance Comparison
Key characteristics
CNYUSD=X:
-0.33
VOO:
1.88
CNYUSD=X:
-0.47
VOO:
2.53
CNYUSD=X:
0.94
VOO:
1.35
CNYUSD=X:
-0.06
VOO:
2.81
CNYUSD=X:
-0.51
VOO:
11.78
CNYUSD=X:
2.12%
VOO:
2.02%
CNYUSD=X:
3.17%
VOO:
12.67%
CNYUSD=X:
-17.70%
VOO:
-33.99%
CNYUSD=X:
-16.92%
VOO:
0.00%
Returns By Period
In the year-to-date period, CNYUSD=X achieves a 0.36% return, which is significantly lower than VOO's 4.61% return. Over the past 10 years, CNYUSD=X has underperformed VOO with an annualized return of -1.45%, while VOO has yielded a comparatively higher 13.30% annualized return.
CNYUSD=X
0.36%
0.36%
-1.93%
-1.15%
-0.66%
-1.45%
VOO
4.61%
2.59%
10.08%
25.10%
14.79%
13.30%
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Risk-Adjusted Performance
CNYUSD=X vs. VOO — Risk-Adjusted Performance Rank
CNYUSD=X
VOO
CNYUSD=X vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CNY/USD (CNYUSD=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
CNYUSD=X vs. VOO - Drawdown Comparison
The maximum CNYUSD=X drawdown since its inception was -17.70%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for CNYUSD=X and VOO. For additional features, visit the drawdowns tool.
Volatility
CNYUSD=X vs. VOO - Volatility Comparison
The current volatility for CNY/USD (CNYUSD=X) is 1.03%, while Vanguard S&P 500 ETF (VOO) has a volatility of 2.85%. This indicates that CNYUSD=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.