EVDAX vs. VOO

Last updated Jun 23, 2026

EVDAX (Camelot Event Driven Fund Class A) and VOO (Vanguard S&P 500 ETF) are both funds - EVDAX is a Event Driven fund managed by Camelot Funds, while VOO is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, EVDAX returned 7.14%/yr vs 15.77%/yr for VOO. At a 0.37 correlation, their price movements are largely independent. EVDAX charges 2.22%/yr vs 0.03%/yr for VOO.

Performance

EVDAX vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Camelot Event Driven Fund Class A (EVDAX) 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, EVDAX achieves a 2.00% return, which is significantly lower than VOO's 9.75% return. Over the past 10 years, EVDAX has underperformed VOO with an annualized return of 7.14%, while VOO has yielded a comparatively higher 15.77% annualized return.

EVDAX

• 1D: 0.05%
• 1M: -1.35%
• YTD: 2.00%
• 6M: 2.43%
• 1Y: 5.74%
• 3Y*: 6.58%
• 5Y*: 5.06%
• 10Y*: 7.14%

VOO

• 1D: -0.29%
• 1M: 0.08%
• YTD: 9.75%
• 6M: 9.30%
• 1Y: 26.77%
• 3Y*: 21.36%
• 5Y*: 13.58%
• 10Y*: 15.77%

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

EVDAX vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EVDAX Camelot Event Driven Fund Class A	2.00%	9.15%	7.93%	2.28%	3.59%	22.87%	18.83%	7.19%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	9.75%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-4.50%	21.77%

Correlation

The correlation between EVDAX and VOO is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (10Y) Calculated over the trailing 10-year period	0.49
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010	0.37

The correlation between EVDAX and VOO shifts across timeframes, from 0.28 (1 year) to 0.53 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

EVDAX vs. VOO — Risk / Return Rank

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

EVDAX

EVDAX Risk / Return Rank: 25
EVDAX Sharpe Ratio Rank: 15
EVDAX Sortino Ratio Rank: 15
EVDAX Omega Ratio Rank: 14
EVDAX Calmar Ratio Rank: 44
EVDAX Martin Ratio Rank: 36

VOO

VOO Risk / Return Rank: 68
VOO Sharpe Ratio Rank: 70
VOO Sortino Ratio Rank: 67
VOO Omega Ratio Rank: 69
VOO Calmar Ratio Rank: 63
VOO Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EVDAX vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Camelot Event Driven Fund Class A (EVDAX) 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.

	EVDAX	VOO	Difference
Sharpe ratio: Return per unit of total volatility	1.02	2.17	-1.16
Sortino ratio: Return per unit of downside risk	1.51	2.93	-1.42
Omega ratio: Gain probability vs. loss probability	1.18	1.39	-0.22
Calmar ratio: Return relative to maximum drawdown	2.41	3.02	-0.61
Martin ratio: Return relative to average drawdown	7.58	13.58	-6.00

EVDAX vs. VOO - Sharpe Ratio Comparison

The current EVDAX Sharpe Ratio is 1.02, which is lower than the VOO Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of EVDAX 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

EVDAX vs. VOO - Drawdown Comparison

The maximum EVDAX drawdown since its inception was -96.19%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for EVDAX and VOO.

Drawdown Indicators

	EVDAX	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-96.19%	-33.99%	-62.20%
Max Drawdown (1Y) Largest decline over 1 year	-2.35%	-8.90%	+6.55%
Max Drawdown (3Y) Largest decline over 3 years	-96.19%	-18.69%	-77.50%
Max Drawdown (5Y) Largest decline over 5 years	-96.19%	-24.52%	-71.67%
Max Drawdown (10Y) Largest decline over 10 years	-96.19%	-33.99%	-62.20%
Current Drawdown Current decline from peak	-95.72%	-1.74%	-93.98%
Average Drawdown Average peak-to-trough decline	-6.94%	-3.68%	-3.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.75%	1.98%	-1.23%

Volatility

EVDAX vs. VOO - Volatility Comparison

The current volatility for Camelot Event Driven Fund Class A (EVDAX) is 1.76%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.60%. This indicates that EVDAX 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.

Volatility by Period

	EVDAX	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.76%	4.60%	-2.84%
Volatility (6M) Calculated over the trailing 6-month period	4.21%	9.73%	-5.52%
Volatility (1Y) Calculated over the trailing 1-year period	5.57%	12.39%	-6.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1,423.79%	16.90%	+1,406.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1,006.59%	18.05%	+988.54%

EVDAX vs. VOO - Expense Ratio Comparison

EVDAX has a 2.22% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

EVDAX vs. VOO - Dividend Comparison

EVDAX's dividend yield for the trailing twelve months is around 0.75%, less than VOO's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EVDAX Camelot Event Driven Fund Class A	0.75%	0.77%	3.99%	6.40%	9.42%	0.00%	1.00%	0.94%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.04%	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 EVDAX and VOO in my portfolio?

EVDAX and VOO have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EVDAX or VOO?

VOO has higher volatility (4.60%) compared to EVDAX (1.76%). In terms of maximum drawdown, EVDAX dropped -96.19% vs VOO's -33.99%.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (2.17 vs 1.02), 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.