EBIZ vs. VOO

Last updated Aug 2, 2026

EBIZ (Global X E-commerce ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - EBIZ is a Consumer Discretionary Equities fund tracking the Solactive E-commerce Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, EBIZ returned -0.64%/yr vs 12.83%/yr for VOO. Their 0.69 correlation means they have sometimes moved together and sometimes differently. EBIZ charges 0.50%/yr vs 0.03%/yr for VOO.

Performance

EBIZ vs. VOO - Performance Comparison

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

Returns By Period

In the year-to-date period, EBIZ achieves a -6.79% return, which is significantly lower than VOO's 10.16% return.

EBIZ

• 1D: 0.00%
• 1M: 6.40%
• 6M: -4.67%
• YTD: -6.79%
• 1Y: -3.71%
• 3Y*: 14.17%
• 5Y*: -0.64%
• 10Y*: —
• ALL TIME*: 9.46%

VOO

• 1D: 0.71%
• 1M: 0.26%
• 6M: 8.58%
• YTD: 10.16%
• 1Y: 21.58%
• 3Y*: 19.42%
• 5Y*: 12.83%
• 10Y*: 15.14%
• ALL TIME*: 14.78%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EBIZ Global X E-commerce ETF	$116.62K	$95.82K	$90.71K
VOO Vanguard S&P 500 ETF	$3.82B	$3.78B	$5.44B

EBIZ vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EBIZ Global X E-commerce ETF	-6.79%	17.74%	31.26%	30.88%	-40.96%	-13.26%	74.39%	32.76%	-10.56%
VOO Vanguard S&P 500 ETF	10.16%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-8.24%

Correlation

The correlation between EBIZ and VOO is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.61
Correlation (3Y) Balances recent behavior with more history.	0.69
Correlation (5Y) Shows whether the relationship held over a longer period.	0.71
Correlation (All Time) Calculated using the full available price history since Nov 30, 2018	0.69

The correlation between EBIZ and VOO shifts across timeframes, from 0.61 (1 year) to 0.71 (5 years), reflecting how their relationship changes across market environments.

EBIZ vs. VOO - Sectors Allocation Comparison

Sectors	EBIZ	VOO
Consumer Cyclical	76.3%	9.5%
Technology	9.1%	38.6%
Communication Services	5.3%	9.9%
Industrials	5.1%	8.5%
Real Estate	2.2%	1.8%
Healthcare	1.7%	8.9%
Financial Services	0.4%	11.4%
Basic Materials	-	1.7%
Consumer Defensive	-	4.5%
Energy	-	3.0%
Utilities	-	2.2%

Return for Risk

EBIZ vs. VOO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EBIZ

EBIZ Risk / Return Rank: 8
EBIZ Sharpe Ratio Rank: 7
EBIZ Sortino Ratio Rank: 7
EBIZ Omega Ratio Rank: 7
EBIZ Calmar Ratio Rank: 8
EBIZ Martin Ratio Rank: 9

VOO

VOO Risk / Return Rank: 68
VOO Sharpe Ratio Rank: 68
VOO Sortino Ratio Rank: 65
VOO Omega Ratio Rank: 66
VOO Calmar Ratio Rank: 64
VOO Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EBIZ vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X E-commerce ETF (EBIZ) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EBIZ	VOO	Difference
Sharpe ratio: Return per unit of total volatility	-0.26	1.53	-1.79
Sortino ratio: Return per unit of downside risk	-0.22	2.13	-2.35
Omega ratio: Gain probability vs. loss probability	0.97	1.28	-0.30
Calmar ratio: Return relative to maximum drawdown	-0.19	2.21	-2.40
Martin ratio: Return relative to average drawdown	-0.34	9.44	-9.77

EBIZ vs. VOO - Sharpe Ratio Comparison

The current EBIZ Sharpe Ratio is -0.26, which is lower than the VOO Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of EBIZ and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EBIZ vs. VOO - Drawdown Comparison

The maximum EBIZ drawdown since its inception was -61.58%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for EBIZ and VOO.

Drawdown Indicators

	EBIZ	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-61.58%	-33.99%	-27.59%
Max Drawdown (1Y) Largest decline over 1 year	-27.73%	-8.90%	-18.83%
Max Drawdown (3Y) Largest decline over 3 years	-27.73%	-18.69%	-9.04%
Max Drawdown (5Y) Largest decline over 5 years	-56.03%	-24.52%	-31.51%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-18.32%	-1.38%	-16.94%
Average Drawdown Average peak-to-trough decline	-24.30%	-3.67%	-20.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.76%	2.08%	+13.68%

Volatility

EBIZ vs. VOO - Volatility Comparison

Global X E-commerce ETF (EBIZ) has a higher volatility of 5.67% compared to Vanguard S&P 500 ETF (VOO) at 3.54%. This indicates that EBIZ'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.

Volatility by Period

	EBIZ	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.67%	3.54%	+2.13%
Volatility (6M) Calculated over the trailing 6-month period	16.20%	10.10%	+6.10%
Volatility (1Y) Calculated over the trailing 1-year period	20.83%	12.82%	+8.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.95%	16.93%	+12.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.53%	18.01%	+10.52%

EBIZ vs. VOO - Expense Ratio Comparison

EBIZ has a 0.50% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

EBIZ vs. VOO - Dividend Comparison

EBIZ's dividend yield for the trailing twelve months is around 0.50%, less than VOO's 1.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EBIZ Global X E-commerce ETF	0.50%	0.51%	0.23%	0.00%	0.10%	0.57%	0.84%	0.18%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.07%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both EBIZ and VOO in my portfolio?

EBIZ and VOO have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EBIZ or VOO?

EBIZ has higher volatility (5.67%) compared to VOO (3.54%). In terms of maximum drawdown, EBIZ dropped -61.58% vs VOO's -33.99%.

Which ETF is better, EBIZ or VOO?

On 5-year performance, VOO leads with 12.83% vs -0.64% for EBIZ. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 3.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EBIZ or VOO?

Over the 5-year period, VOO has performed better with a 12.83% return vs -0.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EBIZ or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.50% for EBIZ.

Which ETF pays a higher dividend yield, EBIZ or VOO?

VOO has the higher dividend yield at 1.07%, compared with 0.50% for EBIZ.

What is the main difference between EBIZ and VOO?

EBIZ is categorized as Consumer Discretionary Equities, while VOO is S&P 500. EBIZ tracks Solactive E-commerce Index, while VOO tracks S&P 500 Index. They also come from different issuers: Global X and Vanguard. Their fees differ too: 0.50% for EBIZ and 0.03% for VOO.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (1.53 vs -0.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.