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.
Key characteristics
| DTE | VOO | |
|---|---|---|
| YTD Return | 2.12% | 6.68% |
| 1Y Return | 0.71% | 26.39% |
| 3Y Return (Ann) | 1.55% | 8.30% |
| 5Y Return (Ann) | 4.49% | 13.39% |
| 10Y Return (Ann) | 8.87% | 12.59% |
| Sharpe Ratio | 0.06 | 2.06 |
| Daily Std Dev | 19.13% | 11.84% |
| Max Drawdown | -67.91% | -33.99% |
| Current Drawdown | -14.27% | -3.50% |
Correlation
The correlation between DTE and VOO is 0.39, 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
In the year-to-date period, DTE achieves a 2.12% return, which is significantly lower than VOO's 6.68% return. Over the past 10 years, DTE has underperformed VOO with an annualized return of 8.87%, while VOO has yielded a comparatively higher 12.59% 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
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 3.54%, more than VOO's 1.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DTE DTE Energy Company | 3.54% | 3.52% | 3.07% | 2.98% | 3.39% | 2.96% | 3.26% | 3.07% | 3.10% | 3.54% | 3.11% | 3.89% |
VOO Vanguard S&P 500 ETF | 1.38% | 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 6.99% compared to Vanguard S&P 500 ETF (VOO) at 3.55%. 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.