DNP vs. VOO
Compare and contrast key facts about DNP Select Income Fund Inc. (DNP) 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: DNP or VOO.
Key characteristics
DNP | VOO | |
---|---|---|
YTD Return | 19.93% | 16.41% |
1Y Return | 5.37% | 24.99% |
3Y Return (Ann) | 3.87% | 8.31% |
5Y Return (Ann) | 1.52% | 14.91% |
10Y Return (Ann) | 6.94% | 12.69% |
Sharpe Ratio | 0.31 | 1.92 |
Daily Std Dev | 17.22% | 12.55% |
Max Drawdown | -48.49% | -33.99% |
Current Drawdown | -6.33% | -2.70% |
Correlation
The correlation between DNP and VOO is 0.30, 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
DNP vs. VOO - Performance Comparison
In the year-to-date period, DNP achieves a 19.93% return, which is significantly higher than VOO's 16.41% return. Over the past 10 years, DNP has underperformed VOO with an annualized return of 6.94%, while VOO has yielded a comparatively higher 12.69% 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
DNP vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DNP Select Income Fund Inc. (DNP) 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
DNP vs. VOO - Dividend Comparison
DNP's dividend yield for the trailing twelve months is around 8.13%, more than VOO's 1.31% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
DNP DNP Select Income Fund Inc. | 8.13% | 9.20% | 6.93% | 7.18% | 7.60% | 5.79% | 7.50% | 7.22% | 7.62% | 8.71% | 7.39% | 8.28% |
VOO Vanguard S&P 500 ETF | 1.31% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
DNP vs. VOO - Drawdown Comparison
The maximum DNP drawdown since its inception was -48.49%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for DNP and VOO. For additional features, visit the drawdowns tool.
Volatility
DNP vs. VOO - Volatility Comparison
The current volatility for DNP Select Income Fund Inc. (DNP) is 3.26%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.46%. This indicates that DNP 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.