COIN vs. VOO
COIN (Coinbase Global, Inc.) 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, COIN returned -8.93%/yr vs 13.22%/yr for VOO. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
COIN vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, COIN achieves a -29.66% return, which is significantly lower than VOO's 11.31% return.
COIN
- 1D
- 0.40%
- 1M
- -0.44%
- 6M
- -33.94%
- YTD
- -29.66%
- 1Y
- -58.90%
- 3Y*
- 21.29%
- 5Y*
- -8.93%
- 10Y*
- —
VOO
- 1D
- 0.46%
- 1M
- 2.04%
- 6M
- 9.36%
- YTD
- 11.31%
- 1Y
- 22.48%
- 3Y*
- 21.08%
- 5Y*
- 13.22%
- 10Y*
- 15.29%
COIN vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
COIN Coinbase Global, Inc. | -29.66% | -8.92% | 42.77% | 391.44% | -85.98% | -33.76% |
VOO Vanguard S&P 500 ETF | 11.31% | 17.82% | 24.98% | 26.32% | -18.17% | 16.25% |
Correlation
The correlation between COIN and VOO is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Apr 14, 2021 | 0.54 |
The correlation between COIN and VOO has been stable across timeframes, ranging from 0.53 to 0.55 - a consistent structural relationship.
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Return for Risk
COIN vs. VOO — Risk / Return Rank
COIN
VOO
COIN vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coinbase Global, Inc. (COIN) 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.
| COIN | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.65 | ||
| Sortino ratioReturn per unit of downside risk | -3.83 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.32 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | 2.49 | -3.38 |
| Martin ratioReturn relative to average drawdown | -1.34 | 10.85 | -12.19 |
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Drawdowns
COIN vs. VOO - Drawdown Comparison
The maximum COIN drawdown since its inception was -91.46%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for COIN and VOO.
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Drawdown Indicators
| COIN | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.46% | -33.99% | -57.47% |
Max Drawdown (1Y)Largest decline over 1 year | -66.39% | -8.90% | -57.49% |
Max Drawdown (3Y)Largest decline over 3 years | -66.39% | -18.69% | -47.70% |
Max Drawdown (5Y)Largest decline over 5 years | -90.90% | -24.52% | -66.38% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.99% | — |
Current DrawdownCurrent decline from peak | -62.11% | -0.34% | -61.77% |
Average DrawdownAverage peak-to-trough decline | -52.73% | -3.68% | -49.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.23% | 2.04% | +42.19% |
Volatility
COIN vs. VOO - Volatility Comparison
Coinbase Global, Inc. (COIN) has a higher volatility of 17.14% compared to Vanguard S&P 500 ETF (VOO) at 4.42%. This indicates that COIN'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
| COIN | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.14% | 4.42% | +12.72% |
Volatility (6M)Calculated over the trailing 6-month period | 52.79% | 9.94% | +42.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.62% | 12.48% | +55.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.94% | 16.92% | +69.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.21% | 17.99% | +67.22% |
Dividends
COIN vs. VOO - Dividend Comparison
COIN has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.06%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COIN Coinbase Global, 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 | 1.06% | 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
COIN and VOO have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COIN has higher volatility (17.14%) compared to VOO (4.42%). In terms of maximum drawdown, COIN dropped -91.46% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (1.77 vs -0.88), 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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