DHR vs. VOO
DHR (Danaher Corporation) is a stock, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, DHR returned 11.08%/yr vs 15.14%/yr for VOO. Their 0.61 correlation means they have sometimes moved together and sometimes differently.
Performance
DHR vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, DHR achieves a -14.47% return, which is significantly lower than VOO's 10.16% return. Over the past 10 years, DHR has underperformed VOO with an annualized return of 11.08%, while VOO has yielded a comparatively higher 15.14% annualized return.
DHR
- 1D
- -0.61%
- 1M
- -1.49%
- 6M
- -10.55%
- YTD
- -14.47%
- 1Y
- -0.34%
- 3Y*
- -4.26%
- 5Y*
- -5.40%
- 10Y*
- 11.08%
- ALL TIME*
- 18.08%
VOO
- 1D
- 0.71%
- 1M
- 0.26%
- 6M
- 8.58%
- YTD
- 10.16%
- 1Y
- 21.58%
- 3Y*
- 19.42%
- 5Y*
- 12.83%
- 10Y*
- 15.14%
- ALL TIME*
- 14.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.81B | $1.26B | $962.73M | |
| $3.82B | $3.78B | $5.44B |
DHR vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DHR Danaher Corporation | -14.47% | 0.35% | -0.35% | -1.22% | -19.02% | 48.57% | 45.34% | 49.55% | 11.80% | 20.01% |
VOO Vanguard S&P 500 ETF | 10.16% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between DHR and VOO is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.20 |
Correlation (3Y) Balances recent behavior with more history. | 0.35 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.49 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.53 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.61 |
Over the past year, the correlation between DHR and VOO has dropped to 0.20 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.
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Return for Risk
DHR vs. VOO — Risk / Return Rank
DHR
VOO
DHR vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Danaher Corporation (DHR) 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.
| DHR | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.55 | ||
| Sortino ratioReturn per unit of downside risk | -1.92 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.28 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 2.21 | -2.22 |
| Martin ratioReturn relative to average drawdown | -0.02 | 9.44 | -9.46 |
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Drawdowns
DHR vs. VOO - Drawdown Comparison
The maximum DHR drawdown since its inception was -45.80%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for DHR and VOO.
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Drawdown Indicators
| DHR | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.80% | -33.99% | -11.81% |
Max Drawdown (1Y)Largest decline over 1 year | -32.97% | -8.90% | -24.07% |
Max Drawdown (3Y)Largest decline over 3 years | -41.72% | -18.69% | -23.03% |
Max Drawdown (5Y)Largest decline over 5 years | -43.81% | -24.52% | -19.29% |
Max Drawdown (10Y)Largest decline over 10 years | -43.81% | -33.99% | -9.82% |
Current DrawdownCurrent decline from peak | -32.19% | -1.38% | -30.81% |
Average DrawdownAverage peak-to-trough decline | -10.30% | -3.67% | -6.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.66% | 2.08% | +13.58% |
Volatility
DHR vs. VOO - Volatility Comparison
Danaher Corporation (DHR) has a higher volatility of 15.48% compared to Vanguard S&P 500 ETF (VOO) at 3.54%. This indicates that DHR'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
| DHR | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.48% | 3.54% | +11.94% |
Volatility (6M)Calculated over the trailing 6-month period | 24.23% | 10.10% | +14.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.20% | 12.82% | +18.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.76% | 16.93% | +11.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.01% | 18.01% | +8.00% |
Dividends
DHR vs. VOO - Dividend Comparison
DHR's dividend yield for the trailing twelve months is around 0.74%, less than VOO's 1.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHR Danaher Corporation | 0.74% | 0.56% | 0.47% | 12.64% | 0.38% | 0.26% | 0.32% | 0.44% | 0.62% | 0.60% | 32.55% | 0.58% |
VOO Vanguard S&P 500 ETF | 1.07% | 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
DHR and VOO have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DHR has higher volatility (15.48%) compared to VOO (3.54%). In terms of maximum drawdown, DHR dropped -45.80% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (1.53 vs -0.01), 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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