DKS vs. VOO

Last updated Jun 4, 2026

DKS (DICK'S Sporting Goods, 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 10 years, DKS returned 21.23%/yr vs 15.56%/yr for VOO. At a 0.48 correlation, their price movements are largely independent.

Performance

DKS vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DICK'S Sporting Goods, Inc. (DKS) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DKS achieves a 13.98% return, which is significantly higher than VOO's 10.91% return. Over the past 10 years, DKS has outperformed VOO with an annualized return of 21.23%, while VOO has yielded a comparatively lower 15.56% annualized return.

DKS

• 1D: 4.39%
• 1M: 3.18%
• YTD: 13.98%
• 6M: -0.45%
• 1Y: 29.16%
• 3Y*: 23.40%
• 5Y*: 21.78%
• 10Y*: 21.23%

VOO

• 1D: -0.70%
• 1M: 5.04%
• YTD: 10.91%
• 6M: 10.93%
• 1Y: 28.04%
• 3Y*: 22.44%
• 5Y*: 13.90%
• 10Y*: 15.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DKS vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DKS DICK'S Sporting Goods, Inc.	13.98%	-11.45%	58.91%	25.94%	6.61%	116.67%	17.94%	63.22%	11.35%	-44.79%
VOO Vanguard S&P 500 ETF	10.91%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-4.50%	21.77%

Correlation

The correlation between DKS and VOO is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (10Y) Calculated over the trailing 10-year period	0.44
Correlation (All Time) Calculated using the full available price history since Sep 10, 2010	0.48

The correlation between DKS and VOO has been stable across timeframes, ranging from 0.42 to 0.50 - a consistent structural relationship.

Return for Risk

DKS vs. VOO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DKS

DKS Risk / Return Rank: 65
DKS Sharpe Ratio Rank: 66
DKS Sortino Ratio Rank: 63
DKS Omega Ratio Rank: 59
DKS Calmar Ratio Rank: 68
DKS Martin Ratio Rank: 68

VOO

VOO Risk / Return Rank: 70
VOO Sharpe Ratio Rank: 71
VOO Sortino Ratio Rank: 70
VOO Omega Ratio Rank: 70
VOO Calmar Ratio Rank: 62
VOO Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DKS vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DICK'S Sporting Goods, Inc. (DKS) 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.

	DKS	VOO	Difference
Sharpe ratio: Return per unit of total volatility	0.83	2.39	-1.56
Sortino ratio: Return per unit of downside risk	1.42	3.25	-1.83
Omega ratio: Gain probability vs. loss probability	1.16	1.43	-0.27
Calmar ratio: Return relative to maximum drawdown	1.51	3.16	-1.65
Martin ratio: Return relative to average drawdown	3.52	14.73	-11.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DKS vs. VOO - Sharpe Ratio Comparison

The current DKS Sharpe Ratio is 0.83, which is lower than the VOO Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of DKS and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DKS	VOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.83	2.39	-1.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.83	-0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.87	-0.40
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.89	-0.38

Drawdowns

DKS vs. VOO - Drawdown Comparison

The maximum DKS drawdown since its inception was -73.33%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for DKS and VOO.

Drawdown Indicators

	DKS	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-73.33%	-33.99%	-39.34%
Max Drawdown (1Y) Largest decline over 1 year	-19.37%	-8.90%	-10.47%
Max Drawdown (3Y) Largest decline over 3 years	-32.73%	-18.69%	-14.04%
Max Drawdown (5Y) Largest decline over 5 years	-48.79%	-24.52%	-24.27%
Max Drawdown (10Y) Largest decline over 10 years	-70.82%	-33.99%	-36.83%
Current Drawdown Current decline from peak	-7.64%	-0.70%	-6.94%
Average Drawdown Average peak-to-trough decline	-17.97%	-3.69%	-14.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.31%	1.91%	+6.40%

Volatility

DKS vs. VOO - Volatility Comparison

DICK'S Sporting Goods, Inc. (DKS) has a higher volatility of 14.07% compared to Vanguard S&P 500 ETF (VOO) at 2.84%. This indicates that DKS'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.

Volatility by Period

	DKS	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.07%	2.84%	+11.23%
Volatility (6M) Calculated over the trailing 6-month period	26.05%	8.90%	+17.15%
Volatility (1Y) Calculated over the trailing 1-year period	35.45%	11.80%	+23.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.50%	16.81%	+26.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.33%	18.01%	+27.32%

Dividends

DKS vs. VOO - Dividend Comparison

DKS's dividend yield for the trailing twelve months is around 2.18%, more than VOO's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DKS DICK'S Sporting Goods, Inc.	2.18%	2.45%	1.92%	2.72%	1.62%	6.17%	2.22%	2.22%	2.88%	2.37%	1.14%	1.56%
VOO Vanguard S&P 500 ETF	1.03%	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

Can I hold both DKS and VOO in my portfolio?

DKS and VOO have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DKS or VOO?

DKS has higher volatility (14.07%) compared to VOO (2.84%). In terms of maximum drawdown, DKS dropped -73.33% vs VOO's -33.99%.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (2.39 vs 0.83), 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.