ETHO vs. VOO
Compare and contrast key facts about Etho Climate Leadership U.S. ETF (ETHO) and Vanguard S&P 500 ETF (VOO).
ETHO and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ETHO is a passively managed fund by ETFMG that tracks the performance of the Etho Climate Leadership Index. It was launched on Nov 18, 2015. 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. Both ETHO and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETHO or VOO.
Key characteristics
| ETHO | VOO | |
|---|---|---|
| YTD Return | 14.69% | 27.26% |
| 1Y Return | 31.77% | 37.86% |
| 3Y Return (Ann) | -0.12% | 10.35% |
| 5Y Return (Ann) | 10.17% | 16.03% |
| Sharpe Ratio | 1.99 | 3.25 |
| Sortino Ratio | 2.75 | 4.31 |
| Omega Ratio | 1.36 | 1.61 |
| Calmar Ratio | 1.32 | 4.74 |
| Martin Ratio | 9.82 | 21.63 |
| Ulcer Index | 3.34% | 1.85% |
| Daily Std Dev | 16.54% | 12.25% |
| Max Drawdown | -36.67% | -33.99% |
| Current Drawdown | -0.86% | 0.00% |
Correlation
The correlation between ETHO and VOO is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ETHO vs. VOO - Performance Comparison
In the year-to-date period, ETHO achieves a 14.69% return, which is significantly lower than VOO's 27.26% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ETHO vs. VOO - Expense Ratio Comparison
ETHO has a 0.48% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
ETHO vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Etho Climate Leadership U.S. ETF (ETHO) 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
ETHO vs. VOO - Dividend Comparison
ETHO's dividend yield for the trailing twelve months is around 1.10%, less than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETHO Etho Climate Leadership U.S. ETF | 1.10% | 1.55% | 1.09% | 0.67% | 0.75% | 0.82% | 0.91% | 0.81% | 1.17% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
ETHO vs. VOO - Drawdown Comparison
The maximum ETHO drawdown since its inception was -36.67%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ETHO and VOO. For additional features, visit the drawdowns tool.
Volatility
ETHO vs. VOO - Volatility Comparison
Etho Climate Leadership U.S. ETF (ETHO) has a higher volatility of 4.93% compared to Vanguard S&P 500 ETF (VOO) at 3.92%. This indicates that ETHO'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.