CRNC vs. VOO
Compare and contrast key facts about Cerence Inc. (CRNC) 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: CRNC or VOO.
Correlation
The correlation between CRNC and VOO is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CRNC vs. VOO - Performance Comparison
Key characteristics
CRNC:
-0.05
VOO:
1.98
CRNC:
1.80
VOO:
2.65
CRNC:
1.21
VOO:
1.36
CRNC:
-0.11
VOO:
2.98
CRNC:
-0.17
VOO:
12.44
CRNC:
63.31%
VOO:
2.02%
CRNC:
210.06%
VOO:
12.69%
CRNC:
-98.22%
VOO:
-33.99%
CRNC:
-89.70%
VOO:
0.00%
Returns By Period
In the year-to-date period, CRNC achieves a 75.03% return, which is significantly higher than VOO's 4.06% return.
CRNC
75.03%
9.22%
334.81%
-11.75%
-10.85%
N/A
VOO
4.06%
2.04%
9.70%
23.75%
14.34%
13.25%
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Risk-Adjusted Performance
CRNC vs. VOO — Risk-Adjusted Performance Rank
CRNC
VOO
CRNC vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cerence Inc. (CRNC) 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.
Dividends
CRNC vs. VOO - Dividend Comparison
CRNC has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.20%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRNC Cerence 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 | 1.20% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
CRNC vs. VOO - Drawdown Comparison
The maximum CRNC drawdown since its inception was -98.22%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for CRNC and VOO. For additional features, visit the drawdowns tool.
Volatility
CRNC vs. VOO - Volatility Comparison
Cerence Inc. (CRNC) has a higher volatility of 32.28% compared to Vanguard S&P 500 ETF (VOO) at 3.13%. This indicates that CRNC'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.