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DNOW vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DNOW and VOO is 0.42, 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.


-0.50.00.51.00.4

Performance

DNOW vs. VOO - Performance Comparison

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

-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
-0.14%
7.93%
DNOW
VOO

Key characteristics

Sharpe Ratio

DNOW:

0.46

VOO:

2.04

Sortino Ratio

DNOW:

1.01

VOO:

2.72

Omega Ratio

DNOW:

1.12

VOO:

1.38

Calmar Ratio

DNOW:

0.25

VOO:

3.02

Martin Ratio

DNOW:

1.48

VOO:

13.60

Ulcer Index

DNOW:

12.41%

VOO:

1.88%

Daily Std Dev

DNOW:

40.05%

VOO:

12.52%

Max Drawdown

DNOW:

-89.06%

VOO:

-33.99%

Current Drawdown

DNOW:

-64.37%

VOO:

-3.52%

Returns By Period

In the year-to-date period, DNOW achieves a 17.05% return, which is significantly lower than VOO's 24.65% return. Over the past 10 years, DNOW has underperformed VOO with an annualized return of -6.98%, while VOO has yielded a comparatively higher 13.02% annualized return.


DNOW

YTD

17.05%

1M

-7.73%

6M

-0.15%

1Y

18.20%

5Y*

2.97%

10Y*

-6.98%

VOO

YTD

24.65%

1M

-0.29%

6M

7.63%

1Y

24.77%

5Y*

14.57%

10Y*

13.02%

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Risk-Adjusted Performance

DNOW vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NOW Inc. (DNOW) 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.


Sharpe ratio
The chart of Sharpe ratio for DNOW, currently valued at 0.46, compared to the broader market-4.00-2.000.002.000.461.98
The chart of Sortino ratio for DNOW, currently valued at 1.01, compared to the broader market-4.00-2.000.002.004.001.012.65
The chart of Omega ratio for DNOW, currently valued at 1.12, compared to the broader market0.501.001.502.001.121.37
The chart of Calmar ratio for DNOW, currently valued at 0.25, compared to the broader market0.002.004.006.000.252.93
The chart of Martin ratio for DNOW, currently valued at 1.48, compared to the broader market0.0010.0020.001.4813.12
DNOW
VOO

The current DNOW Sharpe Ratio is 0.46, which is lower than the VOO Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of DNOW and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.46
1.98
DNOW
VOO

Dividends

DNOW vs. VOO - Dividend Comparison

DNOW has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.26%.


TTM20232022202120202019201820172016201520142013
DNOW
NOW 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
0.92%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

DNOW vs. VOO - Drawdown Comparison

The maximum DNOW drawdown since its inception was -89.06%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for DNOW and VOO. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-64.37%
-3.52%
DNOW
VOO

Volatility

DNOW vs. VOO - Volatility Comparison

NOW Inc. (DNOW) has a higher volatility of 6.66% compared to Vanguard S&P 500 ETF (VOO) at 3.56%. This indicates that DNOW'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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
6.66%
3.56%
DNOW
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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