CZAMX vs. VOO
Compare and contrast key facts about Multi-Manager Alternative Strategies Fund (CZAMX) and Vanguard S&P 500 ETF (VOO).
CZAMX is managed by Columbia Threadneedle. It was launched on Jan 2, 2017. 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: CZAMX or VOO.
Correlation
The correlation between CZAMX and VOO is 0.38, 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
CZAMX vs. VOO - Performance Comparison
Key characteristics
CZAMX:
0.64
VOO:
1.88
CZAMX:
0.87
VOO:
2.52
CZAMX:
1.12
VOO:
1.35
CZAMX:
0.72
VOO:
2.83
CZAMX:
1.51
VOO:
11.96
CZAMX:
1.54%
VOO:
2.00%
CZAMX:
3.65%
VOO:
12.70%
CZAMX:
-7.16%
VOO:
-33.99%
CZAMX:
-2.51%
VOO:
-3.91%
Returns By Period
In the year-to-date period, CZAMX achieves a 0.11% return, which is significantly higher than VOO's -0.66% return.
CZAMX
0.11%
-0.42%
-2.51%
1.99%
2.73%
N/A
VOO
-0.66%
-3.35%
3.78%
23.82%
13.79%
13.26%
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CZAMX vs. VOO - Expense Ratio Comparison
CZAMX has a 1.27% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
CZAMX vs. VOO — Risk-Adjusted Performance Rank
CZAMX
VOO
CZAMX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Multi-Manager Alternative Strategies Fund (CZAMX) 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
CZAMX vs. VOO - Dividend Comparison
CZAMX's dividend yield for the trailing twelve months is around 2.11%, more than VOO's 1.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CZAMX Multi-Manager Alternative Strategies Fund | 2.11% | 2.12% | 2.60% | 7.46% | 1.44% | 0.89% | 2.11% | 1.49% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
CZAMX vs. VOO - Drawdown Comparison
The maximum CZAMX drawdown since its inception was -7.16%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for CZAMX and VOO. For additional features, visit the drawdowns tool.
Volatility
CZAMX vs. VOO - Volatility Comparison
The current volatility for Multi-Manager Alternative Strategies Fund (CZAMX) is 0.58%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.56%. This indicates that CZAMX 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.