DTE vs. VOO
Compare and contrast key facts about DTE Energy Company (DTE) 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: DTE or VOO.
Correlation
The correlation between DTE and VOO is 0.38, 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
DTE vs. VOO - Performance Comparison
Key characteristics
DTE:
0.78
VOO:
2.30
DTE:
1.15
VOO:
3.05
DTE:
1.15
VOO:
1.43
DTE:
0.64
VOO:
3.39
DTE:
3.60
VOO:
15.10
DTE:
3.94%
VOO:
1.90%
DTE:
18.23%
VOO:
12.48%
DTE:
-67.91%
VOO:
-33.99%
DTE:
-6.26%
VOO:
-0.76%
Returns By Period
In the year-to-date period, DTE achieves a 13.50% return, which is significantly lower than VOO's 28.23% return. Over the past 10 years, DTE has underperformed VOO with an annualized return of 8.31%, while VOO has yielded a comparatively higher 13.23% annualized return.
DTE
13.50%
-2.20%
11.66%
14.16%
5.53%
8.31%
VOO
28.23%
1.30%
11.10%
28.67%
15.07%
13.23%
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Risk-Adjusted Performance
DTE vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DTE Energy Company (DTE) 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
DTE vs. VOO - Dividend Comparison
DTE's dividend yield for the trailing twelve months is around 3.44%, more than VOO's 1.21% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
DTE Energy Company | 3.44% | 3.52% | 3.07% | 2.98% | 3.39% | 2.96% | 3.26% | 3.07% | 3.10% | 3.54% | 3.11% | 3.89% |
Vanguard S&P 500 ETF | 1.21% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
DTE vs. VOO - Drawdown Comparison
The maximum DTE drawdown since its inception was -67.91%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for DTE and VOO. For additional features, visit the drawdowns tool.
Volatility
DTE vs. VOO - Volatility Comparison
DTE Energy Company (DTE) has a higher volatility of 4.24% compared to Vanguard S&P 500 ETF (VOO) at 3.90%. This indicates that DTE'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.