DMLP vs. VOO
Compare and contrast key facts about Dorchester Minerals, L.P. (DMLP) 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: DMLP or VOO.
Key characteristics
| DMLP | VOO | |
|---|---|---|
| YTD Return | 17.99% | 26.59% |
| 1Y Return | 36.56% | 38.23% |
| 3Y Return (Ann) | 35.57% | 9.99% |
| 5Y Return (Ann) | 26.97% | 15.91% |
| 10Y Return (Ann) | 12.43% | 13.40% |
| Sharpe Ratio | 1.61 | 3.11 |
| Sortino Ratio | 2.17 | 4.14 |
| Omega Ratio | 1.28 | 1.58 |
| Calmar Ratio | 2.38 | 4.54 |
| Martin Ratio | 5.05 | 20.72 |
| Ulcer Index | 6.93% | 1.85% |
| Daily Std Dev | 21.78% | 12.33% |
| Max Drawdown | -72.35% | -33.99% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between DMLP and VOO is 0.29, 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
DMLP vs. VOO - Performance Comparison
In the year-to-date period, DMLP achieves a 17.99% return, which is significantly lower than VOO's 26.59% return. Over the past 10 years, DMLP has underperformed VOO with an annualized return of 12.43%, while VOO has yielded a comparatively higher 13.40% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
DMLP vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dorchester Minerals, L.P. (DMLP) 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
DMLP vs. VOO - Dividend Comparison
DMLP's dividend yield for the trailing twelve months is around 10.34%, more than VOO's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DMLP Dorchester Minerals, L.P. | 10.34% | 10.67% | 11.68% | 7.75% | 12.75% | 10.32% | 11.86% | 7.61% | 4.88% | 11.67% | 7.46% | 6.67% |
VOO Vanguard S&P 500 ETF | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
DMLP vs. VOO - Drawdown Comparison
The maximum DMLP drawdown since its inception was -72.35%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for DMLP and VOO. For additional features, visit the drawdowns tool.
Volatility
DMLP vs. VOO - Volatility Comparison
Dorchester Minerals, L.P. (DMLP) has a higher volatility of 6.81% compared to Vanguard S&P 500 ETF (VOO) at 3.95%. This indicates that DMLP'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.