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

Correlation

The correlation between ENVX and VOO is 0.48, 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.


Performance

ENVX vs. VOO - Performance Comparison

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

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Key characteristics

Sharpe Ratio

ENVX:

-0.29

VOO:

0.52

Sortino Ratio

ENVX:

0.24

VOO:

0.89

Omega Ratio

ENVX:

1.03

VOO:

1.13

Calmar Ratio

ENVX:

-0.32

VOO:

0.57

Martin Ratio

ENVX:

-0.62

VOO:

2.18

Ulcer Index

ENVX:

43.46%

VOO:

4.85%

Daily Std Dev

ENVX:

98.26%

VOO:

19.11%

Max Drawdown

ENVX:

-84.76%

VOO:

-33.99%

Current Drawdown

ENVX:

-81.63%

VOO:

-7.67%

Returns By Period

In the year-to-date period, ENVX achieves a -39.47% return, which is significantly lower than VOO's -3.41% return.


ENVX

YTD

-39.47%

1M

-0.98%

6M

-29.85%

1Y

-28.01%

5Y*

N/A

10Y*

N/A

VOO

YTD

-3.41%

1M

3.92%

6M

-5.06%

1Y

9.92%

5Y*

15.85%

10Y*

12.42%

*Annualized

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Risk-Adjusted Performance

ENVX vs. VOO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ENVX
The Risk-Adjusted Performance Rank of ENVX is 3838
Overall Rank
The Sharpe Ratio Rank of ENVX is 3636
Sharpe Ratio Rank
The Sortino Ratio Rank of ENVX is 4343
Sortino Ratio Rank
The Omega Ratio Rank of ENVX is 4343
Omega Ratio Rank
The Calmar Ratio Rank of ENVX is 3131
Calmar Ratio Rank
The Martin Ratio Rank of ENVX is 3939
Martin Ratio Rank

VOO
The Risk-Adjusted Performance Rank of VOO is 6363
Overall Rank
The Sharpe Ratio Rank of VOO is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 6262
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 6464
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 6767
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 6464
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ENVX vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Enovix Corp (ENVX) 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.


The current ENVX Sharpe Ratio is -0.29, which is lower than the VOO Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of ENVX 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.


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Dividends

ENVX vs. VOO - Dividend Comparison

ENVX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.34%.


TTM20242023202220212020201920182017201620152014
ENVX
Enovix Corp
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
1.34%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%

Drawdowns

ENVX vs. VOO - Drawdown Comparison

The maximum ENVX drawdown since its inception was -84.76%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ENVX and VOO. For additional features, visit the drawdowns tool.


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Volatility

ENVX vs. VOO - Volatility Comparison


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