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

Correlation

The correlation between ETRN and VOO is 0.36, 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.


-0.50.00.51.00.4

Performance

ETRN vs. VOO - Performance Comparison

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

0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
2.35%
142.18%
ETRN
VOO

Key characteristics

Returns By Period


ETRN

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

VOO

YTD

26.02%

1M

-0.11%

6M

9.35%

1Y

26.45%

5Y*

14.79%

10Y*

13.08%

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Risk-Adjusted Performance

ETRN vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Equitrans Midstream Corporation (ETRN) 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.


Sharpe ratio
The chart of Sharpe ratio for ETRN, currently valued at 1.43, compared to the broader market-4.00-2.000.002.001.432.25
The chart of Sortino ratio for ETRN, currently valued at 2.27, compared to the broader market-4.00-2.000.002.004.002.272.98
The chart of Omega ratio for ETRN, currently valued at 1.34, compared to the broader market0.501.001.502.001.341.42
The chart of Calmar ratio for ETRN, currently valued at 0.85, compared to the broader market0.002.004.006.000.853.31
The chart of Martin ratio for ETRN, currently valued at 2.81, compared to the broader market-5.000.005.0010.0015.0020.0025.002.8114.77
ETRN
VOO


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.43
2.25
ETRN
VOO

Dividends

ETRN vs. VOO - Dividend Comparison

ETRN has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 0.91%.


TTM20232022202120202019201820172016201520142013
ETRN
Equitrans Midstream Corporation
2.42%5.89%8.96%5.80%11.19%13.17%0.00%0.00%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
0.91%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

ETRN vs. VOO - Drawdown Comparison


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-13.45%
-2.47%
ETRN
VOO

Volatility

ETRN vs. VOO - Volatility Comparison

The current volatility for Equitrans Midstream Corporation (ETRN) is 0.00%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.75%. This indicates that ETRN experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember0
3.75%
ETRN
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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